A Bad Credit Score can cost you a loan, credit card or even a job. It breaks your financial future. You should know about your Credit Score because a good credit score informs creditor that you are a responsible customer and you can repay your loan on time. Get all the information you need in this PDF about what the credit score killers are and how to avoid them.
2. Top Five Credit Score Killers
Foreclosure on your credit
Bankruptcy
Debt settlement
Late payment
Maxed out credit card
Credit Score Killers
3. Foreclosure on your credit
Bankruptcy
Debt settlement
Late payment
Maxed out credit card
Foreclosure is a legal process in which a
bank, creditor or mortgage company
needs permission by court to sell your
property to recover a debt with interest
charge.
Credit Score Killers
4. Foreclosure on your credit
Bankruptcy
Debt settlement
Late payment
Maxed out credit card
Bankruptcy is a legal status of a
person, who can’t pay debt amount to
his creditor, In fact he gets support by
court but he gets loose his credit score.
And perhaps he would not be able to
get credit or loan again.
Credit Score Killers
5. Foreclosure on your credit
Bankruptcy
Debt settlement
Late payment
Maxed out credit card
Debt settlement, amount is that which
is fixed between creditor and customer
with mutual understanding to each other
on total rest of amount with interest
charge.
But In this case customer gets bad
credit score.
Credit Score Killers
6. Foreclosure on your credit
Bankruptcy
Debt settlement
Late payment
Maxed out credit card
Banks, creditor or issuers always
consider your payment history when
they valuate your credit risk and decide
that your loan or credit should be
approved or not.
Your poor payment history makes bad
credit score.
Credit Score Killers
7. Foreclosure on your credit
Bankruptcy
Debt settlement
Late payment
Maxed out credit card
Maxed out credit card becomes, when
your credit balance reaches much close
to your credit limit or above the credit
limit.
Maxing out your card makes a negative
impact on your credit score.
Credit Score Killers
8. RMCN Credit Services
ADDRESS:
1611 Wilmeth Road, Suite B
McKinney TX 75069
Toll Free (888) 4-MY-REPAIR
PHONE NUMBERS:
Office: (972) 529-0900
Fax: (972) 562-0225
EMAIL: info@rmcn.com
Website:-www.repairmycreditnow.com
There are some others bad credit score
factors such as Closing old account,
Applying for many loan or credit card
and bad debt to credit ratio.
RMCN is one of the best Credit
restoration/ repair service provider in
USA. We will help you to rectify your
technical errors so that you can improve
you credit score.
Contact the professional credit repair
specialists at RMCN Credit Services
today.
Contact information