Sentences with phrase «few black marks on your credit report»
Poor Credit Credit Cards - 3 Tips to Getting Approved Just a few black marks on your credit report — a couple of late payments, an account that's been «charged off» — can be enough for creditors and lenders to consider you a «high risk» customer.
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Once a few payments have been missed it not only reflects negatively on the individuals credit report as black marks but will often result in an increased interest rate as well as additional penalties for over-the-limit balances and late payments.
If you have a few months to spare, purge your DMV record of black marks like tickets and accidents, and work on boosting your credit score by paying off debt and going over your credit reports from the 3 bureaus (TransUnion, Experian, and Equifax) with a fine - toothed comb.
Even if it was as simple as being a few days late with your credit card payment, it leaves a black mark on your credit report that drops your score significantly and serves as a huge warning flag for future creditors.
If you have a few months to spare, purge your DMV record of black marks like tickets and accidents, and work on boosting your credit score by paying off debt and going over your credit reports from the 3 bureaus (TransUnion, Experian, and Equifax) with a fine - toothed comb.