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It depends on if your bad debts are with credit cards (then yes) or other kinds of debt (then not necessarily).
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∙ 15y ago
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What is a D credit rating?
A D credit rating is the opposite of a D cup breast - bad.
When bad credit expires does the credit rating go up?
No. Your credit rating will remain the same long after the bad credit has expired. In order to get a better credit rating, you'll have to obtain a credit card or loan of some sort. Making monthly payments and staying within the credit limit will gradually improve your credit rating over time.
If someone leaves Australia with unpaid credit card bills and moves to Europe will the bad credit follow him?
no it will not,but if you have taken out loans prior to departing Australia you will be tracked once back in Australia or arrested once on arrival by the feds.
Is a credit rating of 591 bad?
Yes.
What does a R3 credit rating imply?
BAD
How to obtain a mortgage with bad credit?
If you have a bad credit rating, you will have to pay a higher interest rate. This will be like a penalty for having bad credit.
What companies offer auto credit to those with a bad credit rating?
There are a few companies which offer auto credit to those with a bad credit rating. A common one in the United States is called Auto Credit Express Loans.
What is the cause of poor credit mortgage?
Often previous bad debts can have a huge impact on receiving a poor credit mortgage. It is worth having an official credit rating carried out to determine your rating, as this will also inform you as to why you have a good or bad rating.
Does your bad credit rating affect your children if they live at the same address?
no it does not affect your children's credit rating. credit score is based on how an individual uses credit, not on how other people uses credit. what possibly may happen is children may learn thier parent's bad credit habits. if a consumer needs a co-signer (parent) then if the parent has a bad credit rating that will affect the loan
Is 444 a good credit rating score?
No. It is quite bad.
How can someone get a mortgage with a bad credit rating?
Firstly if you haven't already, obtain a copy of your credit history to check the details and remove any incorrect details which may be affecting your credit rating. If you still have a bad rating then seek advice from an independent mortgage advisor. There are specialist companies available who will arrange mortgages for people with bad credit ratings.
How can i have bad credit when i don't own a credit card?
Your credit rating is assessed by companies on your past history of paying back money you have borrowed. People that have never borrowed money will not have a recognised rating. As far as companies are concerned this is considered a poor risk and you may be classed as having a 'bad' credit rating.
