Child support payments won’t affect your credit report and score unless you fall behind on your payments. If a collection agency gets involved, your credit score could drop significantly. Not only that, you could be sued or even arrested for …
Paying credit card before statement date can improve both your credit score and debt-to-income ratio, and may increase your chances of getting approved. Even if you always pay your statements in full and don’t carry balances on your credit cards, …
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While most people know that missing payments can hurt their credit, they don’t realize that not paying taxes on time can adversely impact their credit score just the same. Not paying your taxes on time can result in a tax …
Not paying taxes on time impacts your credit score Read more »
Collection accounts that appear on your credit report negatively affect your FICO score. That’s common knowledge. But what’s best for your credit – pay them off or just let them age off your report? Collection accounts affect your credit in …