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What else can I help you with?
How many times can a dealership run your credit during the car buying process?
A dealership can run your credit multiple times during the car buying process, but typically within a short period of time to minimize the impact on your credit score.
How does a declined credit limit increase affect my credit score?
A declined credit limit increase request does not directly impact your credit score. However, multiple credit limit increase requests within a short period can lead to hard inquiries on your credit report, which may have a minor negative impact on your score.
Will applying for a loan have an impact on my credit score?
Yes, applying for a loan can have an impact on your credit score. When you apply for a loan, the lender will typically perform a hard inquiry on your credit report, which can cause a temporary decrease in your credit score. It's important to be mindful of how many loan applications you submit, as multiple inquiries within a short period of time can further lower your score.
How does revenue credit impact fidelity within a business?
Revenue credit can impact fidelity within a business by influencing the trust and loyalty between the company and its stakeholders. When revenue is credited accurately and transparently, it can build trust and confidence in the business's financial integrity. On the other hand, if revenue credit is manipulated or misrepresented, it can erode trust and lead to doubts about the company's honesty and reliability. This can ultimately affect the overall fidelity and reputation of the business.
How was buying on credit in the 1920's?
joe - The start of the decade came with a new way of buying luxuries, what we call today credit. Back then there was no government controlled credit so you basically walk in to store talk to the store owner about what you want to buy using credit and you will arrange something with store owner. There were no credit cards at the time so each store you used a credit, you placed a tab, and if you didn't pay within a certain deadline creditors would come and reclaim your possessions
How many times can I run my credit when applying for a car loan?
When applying for a car loan, multiple credit inquiries within a short period (usually 14-45 days) are typically counted as a single inquiry, minimizing the impact on your credit score.
How many hard credit checks are considered detrimental to my credit score?
Having too many hard credit checks can negatively impact your credit score. Generally, one or two hard credit checks within a short period are considered acceptable, but having multiple hard credit checks in a short time frame can lower your score.
How does loan shopping affect my credit score?
When you shop for a loan, multiple lenders may check your credit report, which can temporarily lower your credit score. However, credit scoring models typically treat multiple inquiries for the same type of loan within a short period as a single inquiry, minimizing the impact on your score.
If you apply for a mortgage and are turned down will that reflect negatively on your credit report?
No, but the inquiry, if too many are done, can have a negative effect.NewCorrect, but remember that only credit inquiries within the last 90 day period will negatively impact your FICO score rating.
If you reinstate your old credit card does that lower your chances for getting approved for another credit card from a different bank within the same month?
It will not lower your chances for being approved, it actually may raise them a little bit. Each lender has their own criteria for extending credit.
When you have had perfect credit with no negatives how does a past due from a store card effect your credit?
Credit scores are calculated based on ALL the information showing in a report at the time they are requested. That having been said; any derogatory information, like a late payment, that gets reported within the past 12 months would have a significant impact on the score. This impact would be most notable on a consumer's report with no other derogatory information.
How can you stay away from getting bad credit?
Live within your means. The simple rule is don't buy more than you can pay for. If you take out a loan, and a credit card can be a type of loan, make sure all your payments are made on time. If you pay off the credit card every month, you will develop a good credit rating.
