Categories: Lifestyle

10 Things That Affect Your Credit Score

Payment Status

It is no surprise that one of the most fundamental aspects of a good credit score is a solid payment history. Creditors will automatically assume someone is a higher risk if they show a large number of delinquencies on their report. Over 33% of your credit report is dependent on payment history alone, so it is important to make on-time payments as much as possible.

If you’ve fallen on hard times and are unable to make your payments promptly, the creditor will most likely alert the major credit bureaus after a 30-day period. Once the bureaus have been notified, it can take up to seven years for it to be removed from your report.

Page: 1 2 3 4 5 6 7 8 9 10 11

deepak

Share
Published by
deepak

Recent Posts

Top 10 Tips for Protecting Against Credit Card Fraud

Protect yourself with these tips. Identity theft and credit card fraud are serious issues, which…

9 years ago

Top 10 Things to Look for in Flood Insurance

Helpful tips for purchasing flood insurance. Flood insurance is something nearly every homeowner needs to…

9 years ago

10 Tips for Dealing With a Home Insurance Claim Adjuster

Read this before meeting with your adjuster. When dealing with home insurance claim adjusters, filing…

9 years ago

Top 10 Things to Know When Filing a House Insurance Claim

Read this before filing your claim. Filing a house insurance claim? Before you do, there…

9 years ago

10 Tips for Dealing with Insurance After an Accident that is Your Fault

How to deal with insurance when it's your fault. When you are at fault in…

9 years ago