Credit Scores / How are you effected?

iVillage Member
Registered: 01-11-2010
Credit Scores / How are you effected?
Mon, 01-11-2010 - 7:16pm

For Those Who Worries About Credit Scores, Here is the chart for every negative notions on a monthly basis.

Effect on a 680 score Effect on a 780 score

Maxed-out card -10 to -30 -25 to -45
30-day late payment -60 to -80 -90 to -110
Debt settlement -45 to -65 -105 to -125
Foreclosure -85 to -105 -140 to -160
Bankruptcy -130 to -150 -220 to -240

Please feel free to ask any questions about debt. I work in the industry.