answersLogoWhite

0

No, but your credit history accounts for about 15% of your credit score.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

Does a business credit card affect credit score?

All loans and credit cards have an affect on your credit score. Failure to use your credit cards responsibly will reduce your credit score and increase your interest costs.


Does the credit score of an authorized user on your credit card affect your credit score?

No, the credit score of the authorized user will not affect the main cardholders credit score but the authorized users score can be affected as you can see creditcardideas.com/blog/adding-an-authorized-user-to-increase-credit-scores


How does an eviction affect your credit score?

The eviction will not necessary affect your credit score, but you owe money that will be the entry that will affect the score. The eviction is a public record, searchable from a database but the funds owned is what affect your credit score especially if it is turned to a collection agency.


Does your low credit score affect your new husbands credit?

No, your low credit score should not affect your husband's credit score, unless the lender/bank uses both your information for the loan. Credit score is based on each individual's information.


If you check your credit report will it decrease your score?

No, checking your own credit score is called a "soft inquiry" and will not affect your credit score. Only "hard inquiries" - those from potential lenders affect your score.


How do you raise your credit score when it has been lowered due to credit inquiries?

Pay your bills. I don't know that a credit inquiry will lower your credit score. What does affect your credit score is not paying. Even if you pay late, it shows willingness to pay. But as far as someone checking your credit, I don't think that will actually affect your credit score. Pay your bills. I don't know that a credit inquiry will lower your credit score. What does affect your credit score is not paying. Even if you pay late, it shows willingness to pay. But as far as someone checking your credit, I don't think that will actually affect your credit score.


If you reduce your credit limit on a credit card does it affect your credit score?

yes, it will lower your FICO score.


Does closing a cedit card by the consumer affect their credit negatively?

Closing an account will affect your credit score and decrease your score.


Does your credit score drop at a certain age?

credit score is not based on age but how you handle your credit....handling your credit well and your score goes up.....handle your credit bad, as in having a lot of debt and not paying on time brings your score down.


Can marriage affect your credit score?

yes, cause if one person decides to go bankrupt because you guys are having money problems it can affect your credit score to, not just their credit score.


Do subsidized loans affect credit?

Subsidized loans will affect your credit score negatively if you are not paying them. If you are paying them, they will have a positive effect on your score.


Do liens affect credit score?

Yes. All debt is considered when calculating your credit score.

Trending Questions
If Marty maintains an average balance of 3500 dollars on a credit card that he uses only for necessary purchases and the bank charges 19.9 percent interest how much interest will he pay? What is the recommended debt-to-income ratio for individuals with student loans? Where are most sweatshops located? What time do Walmart employees get their with direct deposit through wood-forest bank? How do you pick a health insurance plan? What is the reasons for one to join insurance company? What must you do after receiving a letter of demand? What company's have the most 6 figure and 7 figure earners in north America? What are the important considerations to keep in mind when selling a car with payments contract? What is the process for obtaining loan approval for a home purchase? How can I properly dispose of old checkbooks? How can you use your reward zone points? Should you pay off a credit card debt that is 15 years old? Does paying off high balance credit card help your credit? What is the difference between absorption costing and active base costing? If you wanted to allow only one driver to use a specific fleet card what would you do? Some common supervisor mistakes result in unfair labor practices (ULPs). To best avoid ULPs supervisors should (Select the statement that is CORRECT)? If your credit score is 588 make 70K and your a first time buyer should you wait to increase your score before purchasing a home? How can you get enough information on the best business to go into? Is There Any Restrictions On The Use Of Fast Business Loans?