What is the name of your state? CA
Hello, I was involved in a car accident couple of months back and both of( mine and the person who is involved in accident) our insurence companies concluded that its 50-50 faults. we both payed our deductables. But couple of days back the lady with whom I was involved in accident went to small claims court to sure me over her deductable.
Now I have heard from numorous number of ppl that when this information goes into public listings(actually i too dont know exactlt what it is?) it will efefct my credit rating.
Now my question is, is it true?
if it is? then how much does it usually affet? like how many points it may cause decrease. right now (couple of months bacl when I checkd)my rating was between good to excellent.
Another question is when does actually my name appears in public listing? when some files a law suit or when I losr the case in court?
also what happens if I settle case outside the court? will it prevent my name from appearing in public listing?
any help will be appreciated.
Thanks
Hello, I was involved in a car accident couple of months back and both of( mine and the person who is involved in accident) our insurence companies concluded that its 50-50 faults. we both payed our deductables. But couple of days back the lady with whom I was involved in accident went to small claims court to sure me over her deductable.
Now I have heard from numorous number of ppl that when this information goes into public listings(actually i too dont know exactlt what it is?) it will efefct my credit rating.
Now my question is, is it true?
if it is? then how much does it usually affet? like how many points it may cause decrease. right now (couple of months bacl when I checkd)my rating was between good to excellent.
Another question is when does actually my name appears in public listing? when some files a law suit or when I losr the case in court?
also what happens if I settle case outside the court? will it prevent my name from appearing in public listing?
any help will be appreciated.
Thanks