Sentences with phrase «often have a negative impact on your score»

However, closing a credit account, even one with a zero balance, can often have a negative impact on your score.

Not exact matches

With business loans, defaulting can often times have a negative impact on the business owner's credit score if the loan was backed by a personal guarantee.

With business loans, defaulting can often times have a negative impact on the business owner's credit score if the loan was backed by a personal guarantee.

Investors clearly understand that higher fees can have a negative impact on their net return, as is evident in the price war in mutual fund fees, but a few basis - points difference in visible fees is far less meaningful in performance impact than the often - large hidden costs.14 For example, switching from a low - turnover strategy to a sloppily constructed strategy that spends scores of basis points in incremental trading costs can cost the investor dearly in performance.15 The same holds true for the buyers of opaque high - fee products (hedge funds and illiquid private investments), for which substantial costs may be hidden from sight.