There are many things that can ruin your credit. One of the biggest things that can ruin your score is missing payments, especially if you miss more than one. Delinquent payments can really bring down your score, especially if they go beyond 30 days late. Another way your credit can get ruined is if you apply for lots of credit cards at once. Although applying for new credit is a fact of life in our credit society, filling out too many applications gives potential lenders a red flag that you are living or planning to live beyond your means. In addition, running up your balances can take a huge chunk out of your credit score, so make sure the balances on your cards and loans are under control or else you could be losing valuable points.
Personal quip: good luck and happy borrowing!
Technically, you have already ruined it. They are just going to report it. If that is what you mean by threaten to ruin your credit, then yes they can. Legally.
Yes.
When people are in credit debt, they often wonder what their score is. The best score you can get in credit debt depends on many different things. You should ask your credit card company for this type of information.
Yes a collection can ruin your credit report. Collections are similar to charge offs and will lower your score significantly all depending on the age of the collections and the amount owed. You can remove a collection by disputing it to the credit bureaus or by contacting the original creditor and working out a deal. Either way works well. You might have to hire a credit repair service if you decide to dispute it or have the money to settle the collection if you contact the creditor directly.
No, if you fill out applications to open a line of credit then that will change your credit score but simple inquires of your personal credit score will not ruin it. It is better to keep an eye out on your score and report to make sure no one has opened an account in your name or to dispute anything that doesn't seem right on your report. Always pay your bills on time and more than the monthly payment to increase your score. A Excellent score is above 800 points and 700-799 is a good score.
Technically, you have already ruined it. They are just going to report it. If that is what you mean by threaten to ruin your credit, then yes they can. Legally.
Magnet's ruin credit card's smarts! the reason why is just because. there is nothing else to it!
Yes.
That would require a best answer. Visit the site to know exactly the process and answer. yazing .com/deals/lexingtonlaw/mariocassy
Yes
Their are several credit improvement programs available online for free. You dont have to report credit counseling services so it shouln't affect your credit score.
No they are not responsible. Anyone under the age of majority cannot be held to a contract. However, it can ruin credit early on to have such things attached to the name.
You can ruin a person's life if you do things to them that cause them great pain and suffering. Sometimes a person cannot recover from things.
because of crouption.terrirezum,and human rights makr the enviroment ruin
When people are in credit debt, they often wonder what their score is. The best score you can get in credit debt depends on many different things. You should ask your credit card company for this type of information.
No! You should contact the credit bureaus immediately by mailing letters "by registered mail" if anything appears on your credit report when you were under 18.
What makes you think you can just return it. You can't. You bought it, you own it. Now if you are talking about doing a voluntary repossession, of course it will ruin your credit for 7 years. A repossession is a repossession, voluntary or not.