The phrase "damaging events" refers to negative occurrences or incidents that can cause harm, destruction, or negative consequences to people, things, or situations. Full definition
Consumers who recently experienced bankruptcy or other damaging event could likewise find their lowered credit scores make it difficult to open new accounts in order to rebuild their credit history. (creditcards.com)
Without a doubt a property foreclosure is one of the most damaging events in terms of the borrower's credit history. (gateway2realestate.com)
A property foreclosure is one of the most damaging events in a borrower's credit record. (rismedia.com)