Will paying your cellular phone bills on time have any effect on your credit rating?
yes, if the company reports to the credit bureaus. You may want to contact your cell phone customer service and ask whether they report your credit with them.
You cannot pay the credit rating bureaus to improve your credit rating. However, you can improve your credit rating by paying your bills on time and paying the full required amount due. If you can put additional money towards paying off your mortgage, car loan, student loan or credit cards, this can also help.
If your credit rating is excellent will cancelling a store credit card after paying it off in full in the first billing cycle affect your credit rating?
I've been told that if you leave a small balance on your credit card it'll count towards your credit rating due to the fact the credit bureaus want you to pay off the money they lent you but also want to make money on top of that. I know this is a good way to appeal to a lender when applying for a loan. But if there is a way to avoid deliberately paying interest…
Your credit report, credit rating and credit scores do not reflect any difference in paying the full amount on a credit card account or paying the minimum amount. What is tracked and recorded on your credit report is whether or not you pay the account ON TIME. It is a completely different factor to your "bottom line" in the amount of interest you pay. so consider all the facts before you decide how much to…
Depends upon what reasons the person is being evicted for: Not paying rent, disturbing neighbors, damaging property, not obeying the property rules & regulations, etc etc. Certainly none of those would hurt your credit rating for the rest of your life. Not paying rent on time will possibly make it harder to rent somewhere else, but shouldn't have any great longterm effect on your credit status.
Hard money lenders will not effect your credit rating in one way or another. They are not a financial institution like the banks so the Government does not back the lending so they can not effect your credit rating. The hard money lenders are for the higher risk catagories of leanders to enable them to secure a loan.
Credit card bills affect the credit rating in that the late payments will show on the report and points will be counted against you. Once you have paid, make certain that the three credit reporting companies note that it has been paid; eventually the account will age and become a positive for you. This is since it will show available credit that you are not using.
An individual's credit score can affect all aspects of life. Having a good credit score, or improving a poor score, can be accomplished by several ways, including paying off debt, never submitting late payments, and not having a high debt to income ratio. http://money.msn.com/credit-rating/9-fast-fixes-for-your-credit-scores-weston.aspx