How much of a hit your score takes depends on a number of factors, including what kind of overall credit profile you have. (veteransunited.com)
For people with good credit histories and a strong overall credit profile, the rates can be very competitive, fees are relatively low, and the process can be simple and efficient. (lendedu.com)
Credit scoring formulas look at each individual's overall credit profile when determining a score, therefore delinquencies tend to affect each borrower differently. (investopedia.com)