Sentences with phrase «extremely damaging to a credit»

First of all, late payments and collections are extremely damaging to your credit and remain in your file for seven years.

These are very dangerous, because debts that are sent to collections are extremely damaging to a credit report.

Sometimes medical bills can be extremely damaging to your credit reports; sometimes they will have little impact; and sometimes medical bills will not impact your credit in any way whatsoever.

Not exact matches

However, other kinds of debt, like the kind from credit cards, can be some of the most expensive and damaging debt we accrue in life because interest rates are generally extremely high and many people get used to spending on things they can't really afford.

Your credit is a significant factor in your business» access to capital, and a low credit score can be extremely damaging.