How does a new negative account affect you Video

How Does A New Negative Account Affect You

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By: MonkeySee.com - Business

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How does a new negative account affect you -

In this video, Mr. Barnett reviews some important aspects on managing your money in college, like how does a...

How does a new negative account affect you -

In this video, Mr. Barnett reviews some important aspects on managing your money in college, like how does a new negative account affect you

Added: 8/3/09

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how does a new negative account affect you bankruptcy cancellation plan financial aid how to get a scholarship managing college budget monkeysee mr. barnett personal finance

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How Does A New Negative Account Affect You

Host: What if the account is less than two years old? Markita Aldridge-Woods: Now, if the account is less than two years old and you have had a mishap on credit, you can significantly change your score by bringing that account out of the past to into the current, especially if it is one of those revolving accounts that we talked about like a credit card, then you can change the status of that account, then you will see your score change significantly.

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Host: What if the account is less than two years old?
Markita Aldridge-Woods: Now, if the account is less than two years old and you have had a mishap on credit, you can significantly change your score by bringing that account out of the past to into the current, especially if it is one of those revolving accounts that we talked about like a credit card, then you can change the status of that account, then you will see your score change significantly.

Transcription by: Scribe4you Transcription Services