Can overdrafting hurt your credit score?

Answer On One Hand: Overdrafts Do Not Impact Credit Score.Bank account overdrafts do not have a direct impact on an individual's credit history or score. Banking history is generally not reported to any o... Read More »

Top Q&A For: Can overdrafting hurt your credit score

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »

Does applying for a credit card hurt your credit score?

Applying for a credit card grants the credit card company permission to conduct a credit inquiry. Some forms of credit inquiries, like those performed by lenders and prospective creditors, can redu... Read More »

Does it hurt your credit score to not use credit cards?

On One Hand: Not Using Credit Cards Is WiseIf you know that you don't have the money to make the monthly payments for a credit card, it's best not to use one. According to John Ulzheimer (courtesy ... Read More »

Can your credit score hurt your job search?

On One Hand: Lost OpportunitiesA 2009 survey of employers found that about 47 percent checked job candidates' credit scores to determine whether applicants were responsible, according to the Wall S... Read More »