Categories
Pennsylvania Payday Loan Online

Does a credit freeze impact my credit history?

Does a credit freeze impact my credit history?

To resolve that quickly, no. Your credit rating is employed to find out your creditworthiness and it is based down your credit rating from a single associated with the three major credit rating bureaus.

As an example, FICO bases your credit rating on these five facets:

  • re re Payment history. 35% of a FICO score consists of your re re payment history. In the event that you get behind for making loan payments, the longer and newer the delinquency, the more the negative effect on your credit rating.
  • Quantities owed. 30% of the FICO score is made from the general size of your present financial obligation.