Sentences with phrase «other blemishes on your credit report»
A clean credit history means that you do not have collections, judgments, late payments or other blemishes on your credit report.
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For example, if you ever fall behind on payments or experience a default on the account due to job loss, illness, or other setbacks, your child wouldn't be liable for the debt and could ask to be removed from the account, thus erasing any potential blemishes from their credit reports.