New Contributor
Brandnick
Posts: 85
Registered: ‎11-07-2012
Re: will this effect my personal credit?

Rule of thumb 

 

For example things like Credit Cards, mortgages, personal loans, car loans report to CA's. An insurance company will not report to CA on a monthly bases the only time they will report anything is when you don't pay them  what is owed and it in collections

 

So cancel the insurance just make sure all is paid 

 

 

Current Score: 771 - 11/21/2012/ Amex Pull
Late Payment: 0 / Collections: 0
AAOA: 6.3 Years

"My Scores Yesterday or Last week or even Last month has no value when applying for credit today. The value is not in my score but the information in my credit file. Once the information is good the score will follow"