CREDIT | Derogatory Marks KILL Your Fico Score
Credit | Derogatory Marks KILL Your Fico Score
In regards to credit, derogatory marks really hurts your credit score. After 7 years derogatory marks can fall off your credit report which in turn will increase your fico/credit score.
I had 1 derogatory mark fall of my credit report and my credit score shot up 47 points. If you can help try to keep all your accounts up to date so that you can avoid hurting your overall credit score.
Duane here with how to build credit tv and in this video I’m going to show your just how much a derogatory mark affected my credit score.
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Movie Clip From:
Don’t Be A Menace To South Central While Drinking Your Juice In The Hood (1996)