0
Add your answer:
Earn +20 pts
How do you write a letter to explain your bad credit to a future employer?
To write a letter explaining your bad credit to a future employer focus on the positive steps you have made to rectify the situation. Also give a reason why your credit because so bad in the first place. For example, if the cause was due to illness, stress that.
Why employer hier experienced employee at hire salary?
Employers hire experienced employees at a higher salary due to the experience level. This is due to the fact that the experience will be an asset the employer who will not be forced to invest in too much training on the employee.
How can you fix your credit when you are broke?
By definition, you have 'bad credit' if you pay your debts late or fail to pay them altogether. Therefore, if you have bad credit due to debts, or late payments, and you have no money, there is no way for you to repair your bad credit. But sometimes bad credit can be due to errors on your credit report. If this is the case, obtain a copy of your credit report, notify the credit reporting agency of the errors, and they will check into their accuracy and remove them from your credit report if they find that they are indeed truly errors.
Is it bad if a credit card is closed due to inactivity?
yes
Where can one improve their bad credit due to mortgage rates?
One can pay off their mortgage and therewith reduce his overall debt. Bad credit may also be due to past history, for example if one has already declared himself bankrupt, he will have a bad credit score.
How can one erase bad credit quickly?
Bad credit can be erased through the removal of past due bills. Paying bills and invoices that are past due is of a high priority as they are highly damaging to a persons credit. Having a large gap between balances on a credit card, and the credit limit is helpful to a credit score.
Is it more expensive to borrow from bad credit lenders?
Yes. Borrowing from a bad credit lender can be more dangerous to a person's credit due to high interest rates and short terms.
How can one get an unsecured loan with a bad credit?
According to the "Money" website, there are a comparison of unsecured loan with a bad credit. For example 'UK Credit', with a minimum loan of 1,000 British pound and a maximum loan of 5,000 British pound. The credit is considered a bad credit due to high interest rates, beware of the bad credit.
What is the best way for people with bad credit to get credit?
The best way for people with bad credit to get credit is to rebuild their credit score, this can be done by clearing off past due bills and bad debts, how ever responsible users can avail of department store credit cards or some credit card companies will offer people with bad credit score history a special credit card.
Is bad credit erased in 7 years?
NO. If you have bad credit, it will only be erased if you make it better. Paying bills on time, paying more than is due on payments and staying within your spending budget is a way to build your bad credit into good credit.
if your credit score is between 620 759. who will hire you?
I have a very low credit score (about 530) due to identity theft and I was hired by TD Bank, formerly known as Commerce.
How would you get a bad credit auto loan in Saskatchewan?
You can apply for a bad credit auto loan at a dealership with a special finance department or a reputable on-line lender. Be prepared to pay a higher interest rate due to your bad credit. But pay on time and use your bad credit auto loan as a means to start rebuilding your credit.
