can debt settlement hurt your credit
Date: Mon, 10/03/2016 - 08:29
Credit score is a major
Credit score is a major factor which the lenders take into consideration while deciding whether or not to grant your loan request and if yes, then at what rate of interest. However, lenders also assess your income and your debts to decide your creditworthiness.
It's always better to reduce your debt, so that your credit utilization ratio is less than 30%. Also, it's good for your credit score to repay your credit card balances at every billing cycle.