It may cause
severe damage to your credit score and could then make it harder to get approved for new credit cards and loans until after you pay off the lien.
Having a foreclosure will cause
severe damage to credit scores and will remain on reports for 7 years, scores could drop by 200 — 400 points depending on how high scores were prior and other information reporting.
Having a credit credit can increase a young person's temptation to spend, can trigger bad spending habits and could do
severe damage to their credit score... and yours!
An error on your credit report can cause
severe damage to your credit score.
The Truth: Bankruptcy will do
severe damage to your credit in the short term, but it will only stay on your credit report for a maximum of ten years.
Not exact matches
Comments Debt settlement does
severe, long - term
damage to your
credit score, a fact the company admits on its website.