Sentences with phrase «additional hit to your credit score»

You either have to apply for another of their cards (read... hard pull on your credit = score drop) and close the secured card (additional hit to your credit score) or keep the card, and continue to pay $ 29 a year for as long as you have the card (in addition to the interest they continue to make off your deposit) Say what you want about Wells Fargo, at least my card was migrated to an unsecured card after six months of RESPONSIBLE use (keep reported balances below 10 % people)

Not exact matches

Overtime, as your credit history begins to fade away and all your report shows is a loan for a mortgage, your score could take additional hits.

She said the temporary hit to your credit score is less harmful than the risk of racking up more debt with the additional cards.