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.
It is typically only refundable if Seller would breach contract. Earnest Money Deposit, EMD, is your assurance that you will proceed in good faith to obtain financing, and perform other typical actions during your Due Diligence Period. It is generally refundable if you would terminate prior to end of the DD Period.