things that can hurt your credit score
TRANSCRIPT
THINGS THAT CAN HURT YOUR CREDIT
SCOREGlobal Client Solutions
Introduction Global Client Solutions of Tulsa, Oklahoma, is a
payment processing service provider. After receiving monthly payments from clients, Global Client Solutions disburses the payments to its clients' creditors.
Various factors can influence a person’s credit score. Approximately 10 percent of the credit score comes from the number of recent credit inquiries. Applying for many different loans, credit cards, or other financial products within a short period can negatively impact the credit score.
Credit Score Of course, an account that has been sent to
collections will negatively impact the credit score. To avoid this consequence, try to negotiate with creditors for a revised payment plan before the account is sent to collections.
Medical bills function just as any other payment account, so when these bills become delinquent, hospitals can report them to credit agencies. If payments on these accounts are late or if the account is sent to collections, unpaid medical bills can be just as bad for the credit score as any other unpaid bill.