If your credit score is low (perhaps through defaulting on previous loan agreements or failing to pay credit cards on time) - it signifies to anyone who searches your credit history - that you are a high risk. People who are high risk debtors are more likely to be refused future credit (or only offered high interest credit) - until they can prove they are more disciplined in managing their debts.
Your credit can raise or lower your credit score. It is what consumer credit for buying a house or car is based on.
No, but your credit history accounts for about 15% of your credit score.
The eviction will not necessary affect your credit score, but you owe money that will be the entry that will affect the score. The eviction is a public record, searchable from a database but the funds owned is what affect your credit score especially if it is turned to a collection agency.
No, the credit score of the authorized user will not affect the main cardholders credit score but the authorized users score can be affected as you can see creditcardideas.com/blog/adding-an-authorized-user-to-increase-credit-scores
No, your low credit score should not affect your husband's credit score, unless the lender/bank uses both your information for the loan. Credit score is based on each individual's information.
Your credit can raise or lower your credit score. It is what consumer credit for buying a house or car is based on.
Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.
No, but your credit history accounts for about 15% of your 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.
The eviction will not necessary affect your credit score, but you owe money that will be the entry that will affect the score. The eviction is a public record, searchable from a database but the funds owned is what affect your credit score especially if it is turned to a collection agency.
No, the credit score of the authorized user will not affect the main cardholders credit score but the authorized users score can be affected as you can see creditcardideas.com/blog/adding-an-authorized-user-to-increase-credit-scores
No, your low credit score should not affect your husband's credit score, unless the lender/bank uses both your information for the loan. Credit score is based on each individual's information.
No, checking your own credit score is called a "soft inquiry" and will not affect your credit score. Only "hard inquiries" - those from potential lenders affect your score.
Pay your bills. I don't know that a credit inquiry will lower your credit score. What does affect your credit score is not paying. Even if you pay late, it shows willingness to pay. But as far as someone checking your credit, I don't think that will actually affect your credit score. Pay your bills. I don't know that a credit inquiry will lower your credit score. What does affect your credit score is not paying. Even if you pay late, it shows willingness to pay. But as far as someone checking your credit, I don't think that will actually affect your credit score.
Closing an account will affect your credit score and decrease your score.
yes, it will lower your FICO score.
yes, cause if one person decides to go bankrupt because you guys are having money problems it can affect your credit score to, not just their credit score.