Sentences with phrase «severe effect on your credit»

Debt consolidation usually has a more severe effect on your credit than bankruptcy, especially in the long term.

Not exact matches

FICO, the organization that compiles credit scores, does not reveal its methods or criteria in detail but notes that a court judgment and subsequent garnishment will have a «severe» effect on your credit score.

Filing bankruptcy can leave an impact on a person's credit, but the effect may not actually be that severe.