Why canât information be deleted from the credit report? Experian stores information from credit grantors and public records in compliance with the Fair Credit Reporting Act. When you use credit, a record of your payment history is reported to credit reporting agencies.
(Updated March 4, 2016) No. Earnest money is not necessary to make an otherwise accepted offer into a valid contract. Earnest money is a buyer-performance item required to be deposited after a contract is fully executed. A contract could become effective even if no earnest money is required in the agreement.
Your earnest money is given to the seller and is generally applied towards your sales price, towards your closing costs, and/or your down payment.This money will be given back if you are unable to obtain financing within a reasonable period of time (this is usually specified in your purchase contract).our earnest money is given to the seller and is generally applied towards your sales price, towards your closing costs, and/or your down payment.