How can I avoid bad credit?
1 – settling the mortgage ahead of time
Settling that loan before time may undermine your credit rating. Academic loans have to be paid back in installments and making re re re payments on time may help show you being a borrower that is reliable. If you’re paying down the loan ahead of time and you also no longer have the installment debt, you’ll be losing proof of becoming an on-time payer also it could reduce the score.
2 – Deferment or forbearance
Perhaps perhaps perhaps Not making the re payment on time will damage your score definitely. It to the date, it will help you to improve the score if you are having trouble making payments and asking for deferment or forbearance when bringing.Continue reading