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Hell yeah it does!!!!!!!!!!!!
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∙ 16y ago
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Will being in debt affect your credit rating?
Not generally.
Does being overdrawn with your bank affect your credit in any way?
Only if you do not pay the overdraft.
What are some FHA mortgage requirements and how does credit affect the amount of loan you are able to get?
Some FHA mortgage requirements are being employed and having a decent credit score. Your credit doesn't affect the amount you can be loaned as much as how much money you make.
Does business bankruptcy affect personal credit?
If your business is tied to your personal credit, then yes, you run the risk of being personally affected by the business's bankruptcy.
Does being reported to chexsystem affect your credit score?
No, but it will impact whether you will be allowed to open up a checking account.
Will being in debt affect your credit rating?
Not generally.
Does being overdrawn with your bank affect your credit in any way?
Only if you do not pay the overdraft.
Can an employer not hire due to bad credit?
If back taxes are owed, does this affect being hired?
What are some FHA mortgage requirements and how does credit affect the amount of loan you are able to get?
Some FHA mortgage requirements are being employed and having a decent credit score. Your credit doesn't affect the amount you can be loaned as much as how much money you make.
Does business bankruptcy affect personal credit?
If your business is tied to your personal credit, then yes, you run the risk of being personally affected by the business's bankruptcy.
Does being reported to chexsystem affect your credit score?
No, but it will impact whether you will be allowed to open up a checking account.
What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
How does a credit check affect a credit score?
When you ask a possible creditor to inquire about your credit, it may affect your credit. This is because it implies that you're possibly opening a new line of credit. But you have the right to look at your credit report without affecting your credit. When you request your credit report it's called a "consumer pull" and has no affect on your credit.
If you are an authorized user on your parents credit card and they claim bankruptcy how will that affect your credit?
It will not affect your credit at all. Their credit information was used to secure the card. You are in the clear.
Does being on unemployment affect your credit rating?
No. It does not affect your credit history. However, when you apply for a loan, it is constituted as a form of income and a form of "unstable" income. So, if you are currently collecting unemployment, and are interested in applying for a mortgage, you might get declined. Not because of your credit, but because it's considered income.Another opinion:Yes it does. Periods of unemployment effect your credit score in a negative way. collecting unemployment clearly put you in the light of creditors as being in that "period on unemployment". See the Related Link below.
How will defaulting on your mobile home loan affect you in South Dakota?
IT'S LIKE DEFAULTING ON ANY OTHER HOME LOAN. YOUR NAME WILL GO INTO THE CREDIT BUREAU IT WILL AFFECT YOUR CREDIT SCORE AND NOT BEING ABLE TO PURCHASE ANOTHER HOME/CAR.
Does a business credit card affect credit score?
All loans and credit cards have an affect on your credit score. Failure to use your credit cards responsibly will reduce your credit score and increase your interest costs.
