Sentences with phrase «significant negative impact on your credit scores»
When reported to the credit bureaus, a charge off will have a significant negative impact on your credit scores.
http://www.badcredit.org/
It will usually also have significant negative impacts on the credit score of the borrower, potentially increasing the rates on other lines of credit and restricting access to new ones.
Defaulting on a loan can have a significant negative impact on your credit score.
Defaulting on your loan stays on your credit report for seven years and has a significant negative impact on your credit score.
If you have one that is 75 %, it can have a significant negative impact on your credit score.
Not exact matches
Much of the information I stumbled accross (including a short article written by an esteemed member of this site) around the internet indicates that having a credit card utilization of 0 % is a significant negative impact on one's FICO score.
One study found that 79 percent of all credit reports had mistakes; one in four contained errors serious enough to have a significant negative impact on scores.
Accounts reported as «settled» rather than «paid» may have a negative impact on your credit scores, possibly even a significant one.