Failure to repay the loan in a timely manner can have a further adverse effect on your credit rating. (finder.com)
When you are late making payments on credit cards, this has one of the most negative effects on your credit rating. (resolvebadcredit.com)
If your credit rating is more of a passing concern, then don't worry too much about this because it only has a short term effect on your credit rating. (echeck.org)