Sentences with phrase «seriously impact our credit score»
A job loss, a divorce, outstanding student loans or old income tax debt can seriously impact our credit score for many years.
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No matter how much you're earning, it can seriously impact the debt - to - income ratio, which is a crucial component to determining your overall credit score.
A bankruptcy seriously damages your credit score and can negatively impact your ability to get credit, find a job or rent a home for years.
Unfortunately for FHA, mortgage lenders, and conventional mortgage insurance companies that absorb losses on foreclosures, those who elect to walk away from their mortgages don't appear to care that their credit scores and ability to qualify for home loans can be seriously impacted.
Similar to opening new accounts, the type of credit lines you have can seriously impact your score.