Sentences with phrase «history of missed payments»

People with a long history of missing payments will have a harder time restoring their credit than a person with a single late payment.

You might have an employment history that isn't sufficient for the company, or you could have a long history of missing your payments.

If you have a history of missed payments and high credit card debt, your credit score might be low.

If you have a history of missing payments, then your best option might be to skip the credit cards altogether until you're more financially responsible.

However, if you have a history of missed payments, it could cause real trouble for your score.

A history of missed payments can hurt your credit score more than any other single event — especially if you've been more than 90 days late on more than one occasion.

In addition to their money - management skills being in question, some employers fear that an employee who has a history of missing payments may be more likely to embezzle or steal.

if you've no credit history, or a history of missed payments or defaults, you're likely to be rejected when applying for credit.

You're only a good candidate if you have little to no history of missed payments, bankruptcies, or collections accounts.

Typically, this isn't because they haven't had access to credit (known as «no - file» or «thin file», where major credit bureaus don't have enough data on an individual to establish a score)-- the more likely scenario we see with our customers is that they have credit that's severely damaged from a history of missed payments, heavy utilization of credit cards and / or previous bankruptcies.

Unless you're Cher, you won't be able to turn back time and erase a history of missed payments.

Don't get discouraged: it's not the end of the world if you have a history of missed payments.

Yes, credit scores take a substantial hit when there is a history of missed payments, delinquencies, or accounts that have found their way to collections.

But, if you have a history of missed payments, your credit score will fall and hinder your chances of being approved for future loans.

According to a new analysis from the credit bureau TransUnion, cardholders who have a history of missing payments could respond to new rate increases by falling behind again on their bills.

Your credit score will outline any history of missed payments, your income will ensure that you can make future payments, and your assets will help you secure a better interest rate.