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How long does bad credit affect your credit score?
as long as your credit file contains negative information it will always impact your credit score
Does my applying for a credit card affect my spouse's credit score?
no it doesn't as long as you both don't at the same time.
How can payday loans affect your credit score?
Payday loans can be use to affect your credit score positively, but this must be done carefully and other types of loans may be better for long term rehabilitation of your credit score. However, payday loans can also affect your score negatively if you consistently use them and don't get out of debt entirely, as being in debt affects your credit score (and not making progress getting out of it).
If you authorize someone else to use your credit card and that person does not have good credit does that affect your credit score?
No they don't care, so long as the expenses on your credit card are paid.
How long do credit inquiries affect your credit score?
Credit inquiries are logged on your file for a period of 2 years. Some argue that the score itself is only effected for 12 months, but the inquiry is visible for 24 months.
How long does bad credit affect your credit score?
as long as your credit file contains negative information it will always impact your credit score
Does my applying for a credit card affect my spouse's credit score?
no it doesn't as long as you both don't at the same time.
How can payday loans affect your credit score?
Payday loans can be use to affect your credit score positively, but this must be done carefully and other types of loans may be better for long term rehabilitation of your credit score. However, payday loans can also affect your score negatively if you consistently use them and don't get out of debt entirely, as being in debt affects your credit score (and not making progress getting out of it).
How long does it affect your credit score if you do not pay your credit cards?
As long as you are not able to pay on time your credit cards and you are not maintaining a good credit payment schedule, your credit score is affected. Therefore, you must pay or settle all your accounts with your credit card in order to have a good credit score. There are ways on how to do this. Search online , there are sites that give honest and effective advice.
Will my credit score affect my debt relief options?
Your credit score will not affect available debt relief plans so long as you go through a non-profit credit consolidation agency. There are many scams out there, so non-profit is the only way to go.
Would closing a credit card damage my credit score?
Yes closing a credit card can damage your credit score. But as long as everything else is good it should not affect you credit rating to much. Look for tips to keep a good credit card rating.
If you authorize someone else to use your credit card and that person does not have good credit does that affect your credit score?
No they don't care, so long as the expenses on your credit card are paid.
How long do credit inquiries affect your credit score?
Credit inquiries are logged on your file for a period of 2 years. Some argue that the score itself is only effected for 12 months, but the inquiry is visible for 24 months.
Will having a credit card with a high limit affect your ability to get a loan?
if you obtain a credit card with a high limit it will not affect your credit as long as the card is in good standings .. however if the card is maxed out it could affect your credit score wich will intern stop you from getting a loan. although it may not stop you from getting your loan but it will affect your interst rates
How long do i have to have a credit card before i get a credit score?
6 months
Does refinancing an auto loan affect your credit score?
the only thing about applying for a new loan that can affect your credit rating is having the credit score done by new companies. if you have a score done by just two companies that's fine but if you have multiple credit checks this lowers your credit rating. so as long as you ran your previous loan well and paid on time, changing shouldn't be a problem, just don't let lots of companies credit check you. choose one and stick if possible. (retired financial advisor)
How long will a foreclosure be on your credit report and how will it effect your credit score?
A foreclosure can stay on your credit report for over ten years. It will have a significant and negative impact on your score.
