Can a criminal record affect your credit score?

Answer A credit score, also known as a FICO score, is not affected by a criminal record. The public records that are considered during a credit score calculation are bankruptcy, judgments, garnishments an... Read More »

Top Q&A For: Can a criminal record affect your credit score

Can Reduction in a Home Equity Line of Credit Affect My Credit Score?

A home equity line of credit is a type of secured revolving credit that uses your home's equity -- the value of the home minus mortgage owed -- as collateral. In certain cases, your lender may deci... Read More »

If I Negotiate With Credit Card Companies Myself, Will It Negatively Affect My Credit Score?

If you lose your income, you may find yourself with credit card accounts that you are having trouble paying. As these balances become past due and move further into delinquency, account holders may... Read More »

Will closing a credit card account affect my credit score?

Closing a zero-balance credit card account can negatively impact a credit score. This is because a credit score is based in part on the debt to available credit ratio. Therefore, when a zero-balanc... Read More »

Can requesting a credit reduction affect a credit score?

Requesting a reduction in your credit limit lowers your amount of available credit when compared to the amount of debt you carry--known as your "debt utilization ratio." Lowering your debt utilizat... Read More »