Each credit card holder has his credit card scores. These scores are used by creditors and banks for measuring the risk factor involved in doing business with a particular person. If a person has very good scores, he will not face difficulty in getting credit at any time. Creditors will be ready to give him credit because they know that their client has good credit history and their credit will be returned without any delay. On the other hand, a person having very poor scores will be in great trouble. He will not get any credit from any credit card company or bank 토토. They will simply deny doing business with that person because credit scores will give them a negative impression about the person’s abilities. Even if he has learned his lesson and he is ready to follow the rules and deadlines, he will be disappointed most of the times.
Filing bankruptcy is the most dangerous thing for a person’s future life. In this era, everyone needs money to do business and to fulfill any need. We are not living in a jungle where a person can eat by hunting animals. We have to pay for each and every facility. Besides these charges, we have to pay huge taxes to the government. When a person is being bankrupted, his FICO scores become almost zero and he gets ineligible to take any credit from banks or the credit card companies for many years. He might lose his job and his future career will be in great danger. He will not be able to buy a new house or a new car. In these circumstances, it is very difficult to live a prosperous life. Always try to save yourself from bankruptcy as much as you can.
Debt settlement also affects credit card scores. When a person gets a settlement offer and successfully pays back the money to creditors, his creditor will write on the person’s credit report that he has paid the amount through settlement. He will not write as paid in full. So the above statement will lower your credit card scores. This is the only drawback of the settlement process that can possibly cause problems for you.