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What else can I help you with?
Will co-signing affect my ability to buy a car?
Yes, co-signing a loan can affect your ability to buy a car because it increases your overall debt and may impact your credit score, which can affect your ability to secure a loan for a car purchase.
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 does interest on credit affect your ability to spend in the future?
Then your credit can be high enough so that you are spending more money on credit interest than you can keep up with, there for, you are losing money
Can Credit reports can affect an individual's ability to get a job purchase a home and obtain home and auto insurance?
It can affect all of those things.
How do get a discharged chapter 7 removed from your credt report?
You cannot get it removed from your credit report. It will be on your credit report for 10 years and it will affect your ability to get loans and other type of credit accounts.
Can you marry someone and not have your bad credit affect their credit?
Credit scores are individual and your marriage to someone with a lower credit score than yours will not affect your credit score. Credit scores are based on how much debt you owe versus how much credit you have available, how you make your monthly payments, etc. It has nothing to do with your spouse's credit. That said, their poor credit may affect your ability, as a couple, to get the best rates on credit that you seek together, e.g. if you attempt to buy a house together. It wouldn't impact your personal credit, but it would impact the loan offer you receive.
Can a car repo prevent from buying a house?
Any repossession negatively affects your credit rating. Negatively affected credit ratings will affect your ability to obtain loans, typically in a negative way.
If you personally have bad credit will it affect your ability to get a good business loan?
Yes, typically it will. But if you show improvement in your credit over the last one or two years some banks will give you a loan.
Is it a criminal charge for not paying a balance owed?
No. It is not. There is no such thing as a debtor prison in the U.S. You might get sued in a civil court and have a judgment put on your credit report which will negatively affect your ability to obtain credit. But you won't go to jail or get arrested if you don't pay your balance. No. It is not. There is no such thing as a debtor prison in the U.S. You might get sued in a civil court and have a judgment put on your credit report which will negatively affect your ability to obtain credit. But you won't go to jail or get arrested if you don't pay your balance.
What is the difference between a credit limit and a credit access line, and how does this affect my ability to borrow money?
A credit limit is the maximum amount of money a lender is willing to let you borrow on a credit card, while a credit access line is the total amount of credit available to you across all your credit accounts. The difference is that a credit limit is specific to one credit card, while a credit access line encompasses all your credit accounts. Having a higher credit access line can potentially increase your ability to borrow money, as it indicates that you have access to more credit overall.
Will having an 'okay' fico score but two credit cards currently in collections affect your ability to get a home loan?
More likely that anything, it will affect your rates. It certainly won't help matters.
Will having a joint bank account with someone who is behind on their personal loan affect your own ability to get a personal loan?
No. Credit history pertains to the individual. With the exception of joint accounts such as credit cards, not bank accounts.
