Yes ... especially utility bills ... any unpaid amount due on anything can and will affect your credit rating at one time or another ... sad thing is that one bad mark stays with your record for the next 7 to 10 years, too. Pay up when it's due, or take the medicine.
Yes. Bill payments can affect your credit score.
First Gulf Bank Collections department - Credit Card Payments
Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.
No, if the wife is not an authorized user on the credit card then it does not affect the wife's credit report. So the late payment will only be on the husband credit report.
just the same as any finance contract will make the payments=good dont make the payments=bad
Yes, they will both reduce your credit score and impact future payments on that card (e.g. increased interest rate, late fee charges).
Yes, it will shorten the time in which the mortgage is on your credit report.
Not if you are responsible for all of the loans or credit card payments on your credit report. But, if the second card holder is responsible for any payments on your cards, and doesn't make them, then it can cause your score to lower.
Do forbearance payment affect credit score? Also, if your lenders agree to a short sale and you have not been deliquent on your payments but the lender granted you a forbearance, will your credit score be affected?
yes, it absolutely will. However, there are a couple of different ways it may affect your credit rating depending on your circumstances and how your child support payments are collected.
Not as long as you don't default in the payments.
The lender is likely to report this to the credit reference agencies within a week of the default