PNC Bank Company Info. PNC Bank is a financial institution providing high yield savings accounts, CDs, interest checking accounts and other banking products. We recommend contacting PNC Bank for a more in-depth list of different types of bank accounts.
According to the Fair Credit Reporting Act (FCRA), a home foreclosure can stay on your credit report for up to seven years. The clock starts when the bank files the notice with the court. Soon after this, the event will be reported to all three of the credit-reporting bureaus -- TransUnion, Equifax and Experian.
A foreclosure remains on your credit report for at least 5 years from completion date. Within these 5 years, lenders will not be ready to give you loan. Additionally between 5 and 7 years, you can only purchase a personal residence but will have to pay at least 10% down.