Sentences with phrase «very negative effect on your credit»

This is called a Notice of Federal Tax Lien, and it has a very negative effect on your credit report.

When you go out and try to get a few more accounts to fill out your verity of credit, you could get new inquiries and new accounts that have a very negative effect on your credit score.

Not exact matches

If the number of inquiries is very few over the last two years, then there may be no negative effect on your credit worthiness.

Since a foreclosure is considered to be such a fundamental negative, any other bad credit that may also appear on your credit report can collectively have a very dramatic effect.

However, it is hard for me to figure out what the effect of such «big picture» items ought to be on the rest of the portfolio, positive or negative — credit instruments with strong covenants; the common stocks of very well - financed companies engaged in funds management and insurance; depository institutions; real estate companies; credit enhancers; high - tech manufacturers; medical suppliers; and food purveyors.

Making all of your payments on time is very important, because late payments can have a negative effect on your credit score.