Sentences with phrase «negative effect on one's credit rating»

When you are late making payments on credit cards, this has one of the most negative effects on your credit rating.

A bankruptcy filing will remain on your credit history for 10 years, and will have profound negative effects on your credit rating.

Closing credit card accounts with long relationships can have a negative effect on your credit rating, so even if you aren't using the account and you have consolidated the debt on the account, you may want to keep it open.

If you are turned down however, be aware that there are many providers and they may be one who will be willing to give you accept your application; but at the same time also be aware that getting turned down from some providers can have a negative effect on your credit rating, making it more difficult for you to borrow in the future.

If you miss a payment it will have a negative effect on your credit rating and can also result in your credit card provider pulling your 0 % interest deal.

Hlavinka credits Citi's effort at making its new program «seamless and automatic for the customer,» because it has consolidated statements and appears easy to manage, with no downsides such as additional fees or negative effects on credit ratings.

«I've kept track over the 10 years, and it's had no negative effect on our credit rating,» he says.