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.
Foreclosures Remain on Your Credit Report for Seven Years. A foreclosure will remain on your credit report for seven years, which can be a total drag both on your credit score and your ability to obtain a subsequent mortgage. However, some banks and bad credit lenders will allow borrowers to purchase a home within just a couple years of foreclosure, depending on your credit score and recent credit history.