Credit? No. But if you crashed the rental car, then stopped payment on it you could be arrested and/or sued.
** sure it would- the company can send you to collections and that would be on your report- affecting your credit.
A declined payment can negatively affect credit by potentially leading to late fees, increased interest rates, and a lower credit score.
Do forbearance payment affect credit score? Also, if your lenders agree to a short sale and you have not been deliquent on your payments but the lender granted you a forbearance, will your credit score be affected?
I recent late payment on an open account can hurt your credit score up to 60 points.
A stop payment on a credit card transaction does not directly affect your credit rating. Credit scores are primarily influenced by factors like payment history, credit utilization, and account age. However, if the stop payment leads to disputes or unresolved issues with the credit card issuer, it could indirectly impact your credit if it results in missed payments or account delinquencies. Always communicate with your credit card issuer to avoid potential negative consequences.
Late Payment on Apartment LeaseA lease will not show on your credit report; unless there was a judgment against you.
No, if the wife is not an authorized user on the credit card then it does not affect the wife's credit report. So the late payment will only be on the husband credit report.
No, if you receive an income sensitive repayment plan after consolidating and the payment is $0 because of your dependents and income, then it will not adversely affect your credit score.
Im applying for financial aid for my house payment. will it effect my credit score
It can affect you dramatically. Make sure that you set up either a settlement of payment plan.
Bad credit can lead to problems with mortgages because a low credit score could affect your annual interest rate for a loan and cause it to become higher. It could also affect your monthly payment because bad credit will put restrictions on the down payment amount which will consequently raise your monthly payment and inevitably lead to problems with mortgages.
It will appear as an obligation and as such limit the amount that will be considered for total monthly payment. No I don't think it will affect your your credit score.
seven years from the date of last payment.