Late payments

Will a Poor Credit Score Haunt Me Forever?

09 October 2009

Your credit score is a "snapshot" of your risk at a particular point in time. It changes as new information is added to your bank and credit bureau files. Scores change gradually as you change the way you handle credit. For example, past credit problems impact your score less as time passes. Lenders request a current score when you submit a credit application, so they have the most recent informat...

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