And even «rate shopping,» which causes multiple lenders to look at your credit report even though you're ultimately only looking for one loan, shouldn't have
a major effect on your credit score if you secure the loan you want within 30 days.
The actual transaction of a balance transfer will not have
a major effect on your credit score.
Not exact matches
If you are looking for a loan to make a
major purchase, your
credit score will come into play and you wouldn't want to do anything that has a negative
effect on it.
During bankruptcy the debt is discharged and permanently forgiven, but it will have a
major adverse
effect on your
credit history and your
credit score.
A
major disadvantage of bankruptcy is its
effect on your
credit score.
Bankruptcy will have a
major negative
effect on your
credit scores for an extended period of time.
It is also critical to understand that deleting a debt
on the
credit report may not have a
major effect on your
score.
Because of the
major effects that your
credit score can have
on your life, it's important that you consider the ways in which you can ensure that it stays up.
-- Replacing an ITIN with a SSN shouldn't have a
major effect on your
score, but you must ensure that your
credit profile has been updated successfully... (See New SSN and
credit score)