Brad German, a spokesperson for Freddie Mac, said Bank of America should have had all of Lopez's loan information and payment history in a file provided by the previous lender. (bronxnewsnetwork.org)
With the lower cost financing from CSDC, AXL was also able to free up a significant amount of funds held in a collateral account required by their previous lender, as well as reduce their monthly loan payment and overall facilities debt. (csdc.org)
Credit agencies compile the information gathered from your current and previous lenders, then after some complicated calculations, come up with your score. (badcreditloanservices.com)