Not exact matches
They will use the information to evaluate how well your business repays its debts, and
negative marks can cause you not to get approved, or lower the amount of credit they will extend, or
limit the terms under which that credit will be given.
List all the beliefs about money that you inherited from your family, and
mark all the specifically
negative or
limiting beliefs you find.
Using too much of your credit (generally greater than 40 % of your credit
limit) can lead to
negative marks on your credit score.
You would need to have the perfect storm of credit utilization (probably zero balances with very high credit
limits), a long spotless credit history, and no
negative marks on your credit report, which is nearly impossible.
Negative marks and errors on a credit report don't just
limit financial opportunities, it actually costs more money over the long run.
For example, FCRA mandates that reporting agencies must provide information about a consumer when he or she requests it and also set maximum
limits for how long
negative marks can stay on credit reports (for more, read 5 Penalties That Will Haunt Your Credit Reports for Years).