Well, I would imagin that ANY positive action would be favorable yo NO action. A settelment my not look as good as 'Paid in Full", but "Paid as agreed" sure beats an open collection account.
yes
Actually, it does. It uses the available credit you have so when that goes down the credit score does too.
Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.
Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.
it would really depend on the age of the debt, if it is more than 6 months, leave it alone. By settling it it becomes current news not old and forgotten. It will make you feel better about paying your debts but will actually harm your credit score. You'll sleep better at night but your credit won't.
yes
Actually, it does. It uses the available credit you have so when that goes down the credit score does too.
Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.
Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.
it would really depend on the age of the debt, if it is more than 6 months, leave it alone. By settling it it becomes current news not old and forgotten. It will make you feel better about paying your debts but will actually harm your credit score. You'll sleep better at night but your credit won't.
NOT really. All I know is party is cats and raining dogs and mice and food
Having an Amazon credit card can impact your credit score in both positive and negative ways. If you use the card responsibly by making on-time payments and keeping your balance low, it can help build your credit score. However, if you miss payments or carry a high balance, it can hurt your credit score. It's important to manage your Amazon credit card wisely to maintain a healthy credit score.
I recent late payment on an open account can hurt your credit score up to 60 points.
Canceling your card can hurt your credit score..... SORRY!! You should not cancel even if you intend not to use it. One credit secret is the more available credit not in use the better you look. I.E. percentage of revolving debt compared to available-it helps reduce that and increase your number.
No. It will show on a credit report as an account closed due to inactivity. It has no effect on your credit score.
Having a Best Buy credit card can impact your credit score in both positive and negative ways. If you make on-time payments and keep your balance low, it can help build a positive credit history. However, if you miss payments or carry a high balance, it can hurt your credit score. It's important to manage your credit card responsibly to maintain or improve your credit score.
Having an Amazon store card can impact your credit score in both positive and negative ways. If you use the card responsibly by making on-time payments and keeping your balance low, it can help build your credit history and improve your score. However, if you miss payments or carry a high balance, it can hurt your credit score. It's important to manage your Amazon store card wisely to maintain a healthy credit score.