Sentences with phrase «small hit to your credit score»

Any time you open up a new account, you risk taking a small hit to your credit score.

Not exact matches

The Bottom Line Sometimes it makes sense to let your credit score take a small hit to improve your overall financial situation or save money.

I asked about my private loan options, and was told they could lower my payment down to 40 %, and Id deal with lawyers, and probably take a small «fake hit» on my credit score.

You'll need to have an excellent credit history, and need to be able to handle a small hit to your score of about 5 points for each card application.

True or False: The smallest payment amount that I need to make for my credit card is a minimum balance payment to avoid fees and a negative hit on my credit score.

When I first enrolled I was told for $ 11,000 worth of credit card debt I would only have to pay $ 250 a month for 3 years and the cards would be paid off and my credit score will only take a small hit of 50 - 75 points.

When you open a new card there's a small hit to your score when they do the hard credit pull but that goes away after a couple of months and then when you close the card, I mean there could be a hit to your credit score depending if it really affects your utilization ratio by removing a bunch of unused credit but probably not and most of the people doing this, you're talking about people whose credit scores are probably somewhere between 750 and 850.