Not exact matches
Don't get into the
habit of paying your bills late, even if it's just a few days, as it can negatively
impact your
credit score.
This habitual spending
habit will have a negative
impact on your FICO ®
credit score,
credit report, and
credit rating.
Just be aware that the spending
habits of the authorized user can have a direct
impact on your
credit score.
We interviewed Bruce McClary, Vice President, Communications with the National Foundation for
Credit Counseling, about what bad credit habits could impact your credit score negat
Credit Counseling, about what bad
credit habits could impact your credit score negat
credit habits could
impact your
credit score negat
credit score negatively.
Ironically, the smallest changes in your spending
habits will have the biggest
impact on your
credit score.
Ultimately, it's up to you to develop healthy, responsible
credit habits that will have a positive
impact on your FICO ®
Scores.
Since the usage will directly
impact your
credit score, choose a card that's manageable and suits your spending
habits.
Just be aware that the spending
habits of the authorized user can have a direct
impact on your
credit score.
However, if you have good
credit habits in general and aren't in the process of applying for a major loan, the
impact on your
credit score is usually minimal, and may even be positive in the long run.