How does my overdraft affect my credit?
by Caroline I went overdraft about 4 months ago, and I won’t be able to get out of it in the near future. How bad is it to my credit score? Overdraft is not reported to the credit bureaus by: …
Tag: credit score
Equifax credit report issue
by Barbara I’m currently looking into renting a new apartment. They run up my credit, and according to them I have a very low credit score (below 500) with more than 20 recent credit inquiries. That seem odd to me, …
Will an auto loan help or hurt my credit?
by Gary I’m in the market for a new vehicle. Will this loan help my score or hurt it? I’m planning to purchase a home next year. Initially hurt. Eventually help by: Tracy Initially, your score will drop anywhere between …
How to close unused credit cards?
by Elizabeth How bad is it for my credit if I close a few credit cards? I have over 13 credit cards that I never use. I know that closing accounts is not good for my credit. Is there a …