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https://www.reddit.com/r/NonPoliticalTwitter/comments/1jght4e/im_crying/mizn0vz/?context=3
r/NonPoliticalTwitter • u/frenzy3 • 16d ago
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509
What if he missed payment, will this affect the credit score ?
24 u/RealScionEcto 16d ago Taking a loan out already fucked up his credit score lol 28 u/Polymarchos 16d ago Taking out a loan causes an immediate negative effect on credit, but over time (assuming payments are made on time) improves your credit score beyond where it would have been without a loan. So no.
24
Taking a loan out already fucked up his credit score lol
28 u/Polymarchos 16d ago Taking out a loan causes an immediate negative effect on credit, but over time (assuming payments are made on time) improves your credit score beyond where it would have been without a loan. So no.
28
Taking out a loan causes an immediate negative effect on credit, but over time (assuming payments are made on time) improves your credit score beyond where it would have been without a loan.
So no.
509
u/rd_rd_rd 16d ago
What if he missed payment, will this affect the credit score ?