A BCA isn't based exclusively on your credit rating. The lender considers several factors to find out your approval. Therefore there is no need that you should have good-to-excellent credit to be able to get an advance.
There is no need that you should have a good credit score to get a money advance. An undesirable credit score, including delinquencies, won't normally influence a cash advance.
Yes.
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
no
Bad credit will affect your APR on any new loan. Most banks use a tiered credit system to determine APR.
A Lot.
It has the same effect on the credit.
as long as your credit file contains negative information it will always impact your credit score
A short sale will have a detrimental affect on your credit record but not as bad as a foreclosure.
If you have bad credit you will not only have a hard time getting a loan, but you will be charged a higher APR. As a result, your mortgage payment will be higher than if you had good credit. If you already have a home mortgage, having bad credit will not affect it. If you have bad credit and go to get a mortgage, you run a risk of being denied a loan until bad debts are taken care of and even then you may have a higher rate.
Yes, You CanAnswerBad credit would only affect you if you planned to buy the handset on credit terms.
Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.