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What are credit score killers

A Bad Credit Score can cost you a loan, credit card or even a job. It breaks your financial future. You should know about your Credit Score because a good credit score informs creditor that you are a responsible customer and you can repay your loan on time. Get all the information you need in this PDF about what the credit score killers are and how to avoid them.

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What are credit score killers

  1. 1. Credit Score Killers
  2. 2. Top Five Credit Score Killers  Foreclosure on your credit  Bankruptcy  Debt settlement  Late payment  Maxed out credit card Credit Score Killers
  3. 3.  Foreclosure on your credit  Bankruptcy  Debt settlement  Late payment  Maxed out credit card Foreclosure is a legal process in which a bank, creditor or mortgage company needs permission by court to sell your property to recover a debt with interest charge. Credit Score Killers
  4. 4.  Foreclosure on your credit  Bankruptcy  Debt settlement  Late payment  Maxed out credit card Bankruptcy is a legal status of a person, who can’t pay debt amount to his creditor, In fact he gets support by court but he gets loose his credit score. And perhaps he would not be able to get credit or loan again. Credit Score Killers
  5. 5.  Foreclosure on your credit  Bankruptcy  Debt settlement  Late payment  Maxed out credit card Debt settlement, amount is that which is fixed between creditor and customer with mutual understanding to each other on total rest of amount with interest charge. But In this case customer gets bad credit score. Credit Score Killers
  6. 6.  Foreclosure on your credit  Bankruptcy  Debt settlement  Late payment  Maxed out credit card Banks, creditor or issuers always consider your payment history when they valuate your credit risk and decide that your loan or credit should be approved or not. Your poor payment history makes bad credit score. Credit Score Killers
  7. 7.  Foreclosure on your credit  Bankruptcy  Debt settlement  Late payment  Maxed out credit card Maxed out credit card becomes, when your credit balance reaches much close to your credit limit or above the credit limit. Maxing out your card makes a negative impact on your credit score. Credit Score Killers
  8. 8. RMCN Credit Services ADDRESS: 1611 Wilmeth Road, Suite B McKinney TX 75069 Toll Free (888) 4-MY-REPAIR PHONE NUMBERS: Office: (972) 529-0900 Fax: (972) 562-0225 EMAIL: info@rmcn.com Website:-www.repairmycreditnow.com There are some others bad credit score factors such as Closing old account, Applying for many loan or credit card and bad debt to credit ratio. RMCN is one of the best Credit restoration/ repair service provider in USA. We will help you to rectify your technical errors so that you can improve you credit score. Contact the professional credit repair specialists at RMCN Credit Services today. Contact information

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