Monday, December 12, 2011

Can having your debit card decline adversely affect your credit rating?

Does simply the aspect of going to make a purchase and getting your debit card declined for a larger amount than whats in your bank account adversely affect your credit score? Because I had 200 dollars in my debit card but I was trying to make a purchase for like 205$. Do you see this affecting my credit?|||No, it's a Debit Card, Not an Credit Card!|||No - its a debit card, not a credit card.|||the fact that you are near your credit limit is already negatively affecting your score. - you need to keep balances under 30% of the limit or it starts whacking your score|||No not at all....it will ruin your standing with your bank though

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