It can. Also, every time someone checks your credit rating, your credit score goes down by ten points. Too many requests for your credit rating in a short amount of time can hurt you as well. It is way too easy nowadays for people to get in to your credit report and add derogatory things to it. It is a very wise thing to do to sign up for something like Freecreditreport.com to help you monitor your credit rating. Every time a change is made on your report, they contact you via email. That way you contest things on your report. With all the identity theft going on these days, you have to be vigilant.
Can having an adverse action taken against you -- in and of itself -- affect your credit rating?
Yes, if it%26#039;s reported to the credit watch dogs.
No comments:
Post a Comment