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Does going overdrawn through no fault of your own affect your credit rating?
Wiki User
∙ 14y ago
It should not affect your credit rating. Discuss the situation with your bank and have it changed and monitor your credit report. If you see an error, report it immediately. In the report, you will be able to issue a statement on why the account was overdrawn and it will be removed.
Wiki User
∙ 14y ago
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Do misdemeanors affect your credit?
Possessing a criminal record CAN affect your credit rating - but to what extent, is a confidential rationg factor the credit rating industry won't release.
Does a claim for an accident affect your rating when through a credit card?
No..but it will effect your current and future Insurance rates.
Will opening a new credit card affect your credit rating?
Yes. Any new credit account or loan will effect your rating.
Do unsecured loans affect your credit rating?
An Unsecured loan can very much affect your credit rating, but it depends on whether you pay it back and keep your promise. If not, your credit rating can severely drop and you will lose trust with your provider.
If your spouse co-signs for someone will it affect your credit too?
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
Will being in debt affect your credit rating?
Not generally.
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
How do repossessed cars affect your credit rating?
A car reposession will leave a major black spot on your credit rating for 7 years.
If you buy a house from someone who has declared bankruptcy how will it affect your credit rating?
==Answer == Not in any way. Your credit rating is only determined by how YOU handle your credit on anything that is in your name.
If you default on your pay day loan will that affect your credit?
Yes, if you default on any loan it will affect your credit rating negatively.
Where can one get a free credit rating report?
One can easily get a free credit rating report by the use of a telephone or through mailing. Many receive free credit rating reports by the phone or through e-mails.
How does using a credit card consolidation agency affect your credit rating and for how long does it affect it?
== == Look up this site: edebtfree.org/ccc.htm
