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Josh Was Sued by His Former Business Partner

Question 34

Multiple Choice

Josh was sued by his former business partner.He lost the case and has to pay his former partner $10,000.He has not yet done so and is refusing to do so.Josh is applying for a mortgage for a new home.Should he be worried about the lawsuit impacting his mortgage application?


A) No,this kind of information is not contained on one's credit report.
B) Absolutely,this kind of information is contained on one's credit report.

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