Having no credit activity can negatively impact a credit score because reporting agencies lack current information to evaluate creditworthiness, and lenders may cancel inactive accounts.

Authors

• Person: Not available Organization: Consumers Credit Union
  7 Things That Can Damage Your Credit Score - Articles

Sources

• 7 Things That Can Damage Your Credit Score - Articles www.consumerscu.org Consumers Credit Union via serper

Referenced by nodes (1)

• credit score concept