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Does the credit score of an authorized user on your credit card affect your credit score?
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
How does a persons credit score affect mortgage credit rates?
Actually the better the credit score the better are the offers for a mortgage credit loan. In general the interests offered for a new loan depend (besides others) directly on the credit score.
Which persons credit score is used when a recently married couple applies for a Mortgage?
the person with the lowest score
How will your credit score be affected when the bankruptcy drops off?
That depends on, what's on your credit bureau file. The score will look at the age of your credit cards, balances and payment history
Does requesting multiple Credit reports affect a persons credit rating Shopping property loans for son and will co-sign. Is credit score affected if approaching various vendors for loan?
Credit inquires do hurt credit, but if it's for shopping around for the same type of loan it won't hurt as bad.
Will your spouse's credit score be affected if your individually owned property is foreclosed spouse's name is not on the deed?
Your spouse's credit score should not be affected if he/she is not on the deed or on the mortgage that was foreclosed.
Does the credit score of an authorized user on your credit card affect your credit score?
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
If you are specified as an authorized user on a credit card account that is not a joint account can your credit score increase?
No, only the primary cardholder's credit score is affected.
How does a persons credit score affect mortgage credit rates?
Actually the better the credit score the better are the offers for a mortgage credit loan. In general the interests offered for a new loan depend (besides others) directly on the credit score.
Which persons credit score is used when a recently married couple applies for a Mortgage?
the person with the lowest score
How will your credit score be affected when the bankruptcy drops off?
That depends on, what's on your credit bureau file. The score will look at the age of your credit cards, balances and payment history
Does requesting multiple Credit reports affect a persons credit rating Shopping property loans for son and will co-sign. Is credit score affected if approaching various vendors for loan?
Credit inquires do hurt credit, but if it's for shopping around for the same type of loan it won't hurt as bad.
Do forbearance payment affect credit score?
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?
How do you check credit without affecting your score?
Your credit score is based on your credit history. It is not the affected by the number of times you check your own credit rating. However, many credit scores factor the number of times someone else checks your credit and it may lower your score.
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
Will an inquiry on a persons credit report lower their credit score rating?
Yes, a hard inquiry from a credit application can temporarily lower a person's credit score by a few points. However, the impact is usually small and short-term, and credit scoring models consider rate shopping for certain loans as a single inquiry.
Credit score affected more than once in a year?
Some companies report to the credit bureaus each month. Each time any company reports information to the credit bureau your credit score is updated. Therefore, your credit score is impacted multiple times each month.
