How much does a judgement drop a credit score?

Answer A judgment will lower your credit score anywhere from 50 to 200 points. The total drop in credit score will depend on the type of judgment and amount of the original debt.Source:Judgment and Credit... Read More »

Top Q&A For: How much does a judgement drop a credit score

How Much Does a Judgment Drop Affect a Credit Score?

A judgment is a public record of debt that carries more weight than most creditors. Factors that contribute to your credit score include payment history (35 percent) and debt you owe (30 percent). ... Read More »

How much does your credit score drop with a foreclosure?

The damage your credit takes after a foreclosure depends upon how high your credit rating was prior to losing your home. The higher your credit rating was prior to the foreclosure, the more credit ... Read More »

Does your credit score drop when you buy a home?

Purchasing a home does not automatically mean a reduction in the buyer's credit score. If you make your mortgage payments on time, this will lead to a better credit score. If you overextend yoursel... Read More »

Does Having Too Much Credit Hurt a Credit Score?

If you are closely monitoring your credit, one item to watch is the amount of available credit you have, as well as the number of open credit accounts. A copy of your credit report can tell you wh... Read More »