answersLogoWhite

0


Best Answer

Yes they do actually. Remortgages is known to be the highest risk of bad credit than any other thing.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do remortgages increase your risk of having bad credit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can having to many credit cards with no credit balances reduce your credit score?

{| |- | Your overall credit history will determine how your credit is affected by having numerous credit cards. However, having an overabundance of credit cards with high balances or credit availability can negatively impact risk scores if your credit history is questionable. |}


What would increase the risk of a loan?

Risk of loan can be increased by your budget for instance not having proper and effective budget planning


Does your personal credit score affect your business credit score?

If your personal credit is tied to your business credit, you run the risk of having your personal credit affect your business credit. When, establishing a business, it may seem easier to use your personal credit to get loans, but this could increase your personal risk should the business fail or undergo financial strife. For this reason, it is beneficial to register your business as a completely separate entity from your personal credit. One of the best ways to do this is by registering to receive a D&B D-U-N-S® Number for your company.


Will credit card increase my score?

That depends on the consumer using the credit card. Paying on time and keeping low balances will keep your good credit standing ...good. Not paying on time and having the balance close to the credit limit will decrease your credit score dramatically Having a lot of credit cards is not good either because the risk of possibly being in debt is high. Also if you apply for a new credit card it will reduce your credit score because it's consider a new loan with no credit history, as the credit card gets older and more established the score will go back up.


Will it affect your credit rating and score if you have 5 credit cards but use only one and neglect the other four cards?

== == Your overall credit history will determine how your credit is affected by having numerous credit cards. However, having an overabundance of credit cards with high balances or credit availability can negatively impact risk scores if your credit history is questionable. == == == ==

Related questions

Does having an STD increase the risk of contracting HIV?

Yes; having a STD absolutely does increase your chances of contracting HIV.


Does taking LSD while you have a back problem increase the risk of flashbacks?

No, having a back problem wouldn't increase the risk of flashbacks.


Can having to many credit cards with no credit balances reduce your credit score?

{| |- | Your overall credit history will determine how your credit is affected by having numerous credit cards. However, having an overabundance of credit cards with high balances or credit availability can negatively impact risk scores if your credit history is questionable. |}


What would increase the risk of a loan?

Risk of loan can be increased by your budget for instance not having proper and effective budget planning


Does your personal credit score affect your business credit score?

If your personal credit is tied to your business credit, you run the risk of having your personal credit affect your business credit. When, establishing a business, it may seem easier to use your personal credit to get loans, but this could increase your personal risk should the business fail or undergo financial strife. For this reason, it is beneficial to register your business as a completely separate entity from your personal credit. One of the best ways to do this is by registering to receive a D&B D-U-N-S® Number for your company.


Will credit card increase my score?

That depends on the consumer using the credit card. Paying on time and keeping low balances will keep your good credit standing ...good. Not paying on time and having the balance close to the credit limit will decrease your credit score dramatically Having a lot of credit cards is not good either because the risk of possibly being in debt is high. Also if you apply for a new credit card it will reduce your credit score because it's consider a new loan with no credit history, as the credit card gets older and more established the score will go back up.


Will it affect your credit rating and score if you have 5 credit cards but use only one and neglect the other four cards?

== == Your overall credit history will determine how your credit is affected by having numerous credit cards. However, having an overabundance of credit cards with high balances or credit availability can negatively impact risk scores if your credit history is questionable. == == == ==


Why can a credit card company lower your credit limit without your consent?

The CC Company may have seen an increase risk when they saw on an updated credit report/score. It could be a late payments, collections or any other derogatory item on your credit report that triggered it. The CC have the power to limit or increase your credit limit to lower their liability.


Does having an STD affect the risk of HIV?

Yes it does; you are more apt to catch HIV if infected with a STI.Since the STDs reduce you immune system response, your immune system is less likely to protect you from the HIV infection.Yes having STDs such as herpes and chlamydia does increase the risk of getting and spreading HIV.


Does red or white wineaffect gout?

Wines will increase the risk of having a gout attack if you have a predisposition to gout.


How much does using a cell phone while driving increase your risk of having an accident?

400 percent


Some factors that increase the risk of having a sleep related traffic crash are?

getting sufficient sleep