Sentence examples for effect on your credit from inspiring English sources

For one, carrying a credit card balance doesn't have any effect on your credit at all.

"They will have a more serious effect on your credit score".

Rejections will, of course, have an unhealthy effect on your credit rating, but there are specialist lenders that will take you on, albeit with some restrictions.

"That late payment on a mortgage is going to have a significant negative effect on your credit score," Mr. Griffin said.

And applying for a mortgage online through several mortgage brokers or lenders, whether out of curiosity or just because it's easy, can have a negative effect on your credit rating.

Switching to paying off only the minimum on one of the cards could suggest you are getting into difficulty and so have a detrimental effect on your credit score.

There is no reason to hurt your AAoC by closing down an account that's not currently having any adverse effects on your credit score.

The fact is, opening new accounts has both positive and negative effects on your credit score, and whether or not the positives outweigh the negatives depends on your individual history.

Doing so can result in long term effects on your credit rating and lifetime financial damages.

Not paying money to collection agencies when it is due can have adverse effects on your credit score.

The bankruptcy and its negative effect remains on your credit report for years – 10, in the case of a Chapter 7 filing.