05-23-2013 11:28 AM
It won't drastically reduce. Maybe you could see a loss of 20 pts or so, but that was assuming that you haven't opened any new credit accounts in the past year or so. And any damage is temporary and you'll rebound. Any loss is a YMMV-thing.
05-23-2013 12:08 PM
Thank You. I Havnt opened any new credit accounts. Only a the 2 two installs because I never had any so I was hoping , well I was told it would build my credit as lon as I kept my CC payed off, no new collection acounts, or late payments.