Sentences with phrase «biggest damage to your credit score»

As many people may already know, missing or being late on a card payment can result in some of the biggest damage to your credit score.

Not exact matches

Just ignore the low introductory rate when you're picking a card unless you're planning to transfer a balance from another card so you can pay it off rather quickly (but transferring balances from one credit card to another on a regular basis can damage your credit score and cost you big in the long term).

That's a lot of spending and it's the biggest time of year for consumers to rack up credit card debt which can severely damage your credit score if you aren't maintaining a good debt to credit ratio.

Being hounded by a collector isn't the big thing to worry about — the longer an account stays in collections, the more damage it does to your credit score.