Sentences with phrase «then damage your credit»

If you are inactive on your credit account, your financial institution can potentially close that account, which as we explained above, can then damage your credit score.

If you are inactive on your credit account, your financial institution can potentially close that account, which as we explained above, can then damage your credit score.

If you are inactive on your credit account, your financial institution can potentially close that account, which as we explained above, can then damage your credit score.

Not exact matches

This can then cause you even more damage — as a lower credit score can make it even more difficult, and more expensive, to borrow money, get a loan etc..

Keep in mind, however, that if you consolidate your credit card debt and then rack up more, the additional debt could damage your credit score.

If you bought something that was then either accidentally damaged or stolen, most credit cards can give you a refund.

If you use the funds from a personal loan to pay off credit card debt then your credit scores should shoot through the roof because you'll be converting score damaging revolving debt into score benign installment debt.

It then goes to a collection company who reports it on your credit file and can damage you credit report anywhere from 60 - 90 points.

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.

While the inquiries typically fall off your credit report in two years, their slight damage will be erased long before then if you continue to pay your bills on time.

On the other side if you get a customer who's got some damaged credit or perhaps some fudged credit, then you've got a different situation altogether.

If it takes a drop in her credit score or an adverse action notice to make the point, then even more damage has been done to her financial standing,» he said.

If you have a healthy credit score and have only applied for a couple of cards recently, then the effect on your credit score will most likely be insignificant enough to cause any real damage to your score.

If your credit card debt has gotten out of control, then it is time to step back, assess the damage, and come up with a plan of action to fix the problem before it gets worse.

If your ex is unwilling or unable to make payments on a joint debt, then those late payments and other credit issues — such as default, charge - off, or collection — might severely damage your credit scores.

If you care about credit damage, then consolidation is usually the better choice.

You can ask the credit bureaus to freeze you accounts to prevent further damage, and then work with them and the credit card issuer to have fraudulent charges removed.

If your car has been repossessed, then your credit score has been damaged — no other way around it.

If you stop checking your credit card statements — because you're under the impression that you no longer owe the credit card issuer — and miss a payment, then you'll not only be punished by late fees and damages to your credit, but will also lose your eligibility for a grace period on the following billing cycle.

But in case you've made some mistakes, for example, made a few late payments to a mortgage company then your credit history can be significantly damaged.

If you're feeling over-burdened by credit card debt, there's no better time to do some damage control then right now.

If any of those joint accounts are managed poorly after your divorce, then that mismanagement will likely damage all of your credit reports and credit scores.

As should be obvious, everyone's situation is different: if you have just a few cards, or a short credit history, then high utilization on one or more cards might do significant damage to your credit score, potentially keeping you from getting approved for the credit cards you want.

If your credit is damaged, then your only choice is a secured card.

Then it's best to limit the amount of damage an angry spouse can do to your finances, and let both parties establish credit on their own.

If the agreement is breached, then your personal assets may be at risk to satisfy the punitive damages or the credit claims.

Such a stretch of the decision in 1997 of Malik and Mahmud v Bank of Credit and Commerce International SA (in compulsory liquidation [1997] 3 All ER 1 (concerning a duty not to run a corrupt and dishonest business so as to damage the employees» future employment prospects) was denied in Johnson v Unisys Ltd [2001] UKHL 13 by the Court of Appeal and then the House of Lords, which considered it unnecessary to develop the common law to overlap this remedy.

In addition, if the driver fatigue was due to a systematic disregard for the safety of others, such as a company policy or bonus that credit risky behavior, then punitive damages could be on the table.

If you have damaging credit try to repair it as soon as possible and then request a reassessment of your premium.

Then it comes out that letting the lease drop is doing as much damage to credit reports as the dog did to the couch cushions.

If you still get billed for auto insurance, but don't make any payments, then the insurance company could report it and damage your credit rating.

If you want to keep your home and shield your credit ratings from unnecessary damage, then securing a FHA loan streamline refinancing program can help you out.