It will not affect your financial status. However, if you are dependent on their being on time with their share of the rent payments, chances are good that you will be stiffed at some point. If you are married, the bad rating will affect your ability to borrow money as well as the rates you are offered.
No. Credit is tracked by the individual, not by an address.
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her 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 someone wanted to improve their credit rating there are a variety of places where someone can do so. Some of these ways are for the individual to check their credit files.
Yes. Any new credit account or loan will effect your rating.
No. Credit is tracked by the individual, not by an address.
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her 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.
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
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.
If someone wanted to improve their credit rating there are a variety of places where someone can do so. Some of these ways are for the individual to check their credit files.
Yes. Any new credit account or loan will effect your 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.
Not generally.
A car reposession will leave a major black spot on your credit rating for 7 years.
Yes, if you default on any loan it will affect your credit rating negatively.
== == Look up this site: edebtfree.org/ccc.htm