credit damage
Financial reputation injury
Credit damage refers to harm done to a person's credit score or credit history, typically through missed payments, defaults, or excessive debt.
The damage makes it harder to borrow money or get favorable interest rates: The foreclosure caused serious credit damage that took years to repair.
Unlike a single bad mark, credit damage suggests lasting impact on one's financial reputation.
- scoreNumerical standing in competition
- debtMoney owed another
- hard inquiryRecorded credit report access
- repairRestore to working order
- defaultPreset standard option
report · bankruptcy · delinquent · charge off · collection · debt collector · late · payment · bureau · financial · ruin · negative · mark · seven years · history · loan · interest · recovery
credit damagegood credit
Strong borrowing reputation
excellent credit · creditworthiness · credit building · financial health · good standing
credit damagecredit recovery
Completing previously failed coursework
credit building · financial recovery · credit protection · credit monitoring
credit, damage, credits, credited, crediting, creditor, creditors, credible, incredible