Topic: Credit Inquiries Hurt Your Rating
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Answers to Common Questions
How would rv repo hurt credit rating?
How could it NOT hurt your credit rating? I'd say that you could easily slide 200 points having an RV repo on your record, and it could take years to recover from it. Read More »
Source: http://wiki.answers.com/Q/How_would_rv_repo_hurt_credit_rating
How do you stop random credit card inquiries like the ones who se...
Stopping Unsolicited Credit Card Applications Here is advice: The Fair Credit Reporting Act also entitles you to contact each or all of the major credit bureaus (and Innovis, a fourth credit bureau) and request them to stop sending you card... Read More »
Source: http://wiki.answers.com/Q/How_do_you_stop_random_credit_card_inqu...
Why do credit inquiries reduce credit rating?
An inquiry is an instance in which all or part of your credit file is accessed by a company or individual. There are different types of inquiries. Inquiries stay on your credit report for not more than two years. Hard Inquiries are an indic... Read More »
Source: http://answers.yahoo.com/question/index?qid=20081108093142AAChN1P
More Common Questions
Answers to Other Common Questions
When you miss too many payments on your car or you feel you cannot make them, you are at risk of losing your car to repossession. This is never a good result and always negatively affects your credit score. Facts No matter what the circumst...
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Source: http://www.answerbag.com/q_view/1869957
It is true. The problem is that potential creditors are worried that you need the money too bad. It shouldn't be a huge drain unless your credit is already borderline.
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Source: http://answers.yahoo.com/question/index?qid=20070325002013AAfLlTu
The only time an overdrawn bank account will affect your credit rating is when you don't pay the bank back. Otherwise, nope!
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Source: http://www.chacha.com/question/when-you-overdraw-on-your-bank-acc...
Hello, its rotten when that happens. But don't worry, with the major banks you normally need to be behind on your credit card payments for at least a year before they consider putting a default listing on your credit report. Plus they alway...
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Source: http://answers.yahoo.com/question/index?qid=20090527230409AAunjd4
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Source: http://answers.yahoo.com/question/index?qid=20100309063231AA4Y8Bu
What they refer to when they say it could affect your rating is this. Let's say you have a credit card with $5000 credit it on it. You owe nothing on it lets say. You then close it out and get rid of the card completely. Well that just ding...
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Source: http://answers.yahoo.com/question/index?qid=20080102154247AAfSFlC
Dear, you can afford to ship it to Hawaii more than you can afford years of a bad credit history! Try thinking ahead more than one or two months, dear. This fad of throwing keys at the bank is really out of control. Consider your credit. Yo...
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Source: http://answers.yahoo.com/question/index?qid=20081015091250AAAeMkS