Can you use your spouse's income as a second income without using your spouse's credit?
If a spouse is applying as a single account holder but using both spouse's income, the incomes will be verified. Whether each credit history will be checked is at the discretion of the lender,in most cases it will be. What effect this may have on the financial transaction is uncertain.
It is more complicated than just having bad credit. When applying to file for bankruptcy, the court using a calculation that compares the amount of debt owed with your current (or foreseeable future) income. So it is the debt rather than the bad credit that allows you to file for bankruptcy. More specifically, your income will be calculated with exemptions such as rent and food to determine whether you can afford to pay 25 percent…
If you have a credit card can you get one for someone as a second card holder who has no credit and cannot get any and will that help their credit?
If you have a car loan in your name from a credit union will it affect your ability to get a loan for a second car from a dealership?
ALL loans affect your Credit Rating. Some good and some bad. All existing accounts are also used to calculate your "debt-to-income-ratio" (DTI). This is the percentage of your income that you pay out in bills. This number has to be an acceptable number to the lender before they will close a new loan.
In the state of Florida if the non-custodial parent remarries can their new spouse's income be included for child support?
The general rule in auto financing is: One income one loan two incomes two loans. Meaning one person one income one loan two people two incomes two loans. There are exceptions If your income is a high income and your expenses are relatively low, then yes second auto loans happen. Of course it also depends on your credit.
The primary card holder has good credit scoring and applies for a credit card but the second card holder has defaults will it affect the application?
It depends. If the second person is just an authorized user, meaning. they are not the responsible party for paying the account. You would only put the primaries social security number, income, and job information on the paperwork. If you put the secondaries private information on the application then it would affect the application.
Is it legal for a car dealership to run your credit without your approval I did not provide them my SS number I have no idea how they got it?
There are two different types of credit inquiries. One is when you request that a potential creditor run your credit in order to obtain some type of credit offer. This type requires you to approve the credit check and may ultimately affect your credit score. The second is a general review that many larger credit offering organizations pay to have access to. This type is the kind that you do not have to approve and…
If one is trying to get a second mortgage while having bad credit it may be difficult due to one's credit standing. There are many companies that do provide second mortgages to those with bad credit and one can choose something such as a fixed mortgage rate so one knows what the payments will be over time and thus allowing one the opportunity to attempt to repair one's credit score.
What led America during and since the Second Industrial Revolution to develop a culture of conspicuous consumerism a term coined by sociologist and economist Thorstein Veblen?
When a beneficiary has requested the transfer of a documentary credit to a second beneficiary, this message is sent by the bank authorised to advise the transfer of the documentary credit, to the bank advising the second beneficiary. It is used to advise the Receiver about the terms and conditions of the transferred documentary credit, or part thereof.
Can the bank you have a second mortgage with and a credit card with attach that credit card to your second mortgage after a person is deceased?
There are a few reasons why one may need to take out bad credit second mortgage loans. If one has a poor credit rating a regular bank loan will not be available so bad credit loan is the only option. A second mortgage may be taken out when one has capital tied up in a house that they need to release to pay for home improvements.
You may be able to claim a child tax credit if you have a qualifying child. A qualifying child is a child who: # Is a United States citizen, a United States resident, or a national of the United States, # Is under age 17 at the end of the calendar year in which your tax year begins, # Is your son, daughter, stepson, stepdaughter, legally adopted child, or a child placed with you for…
Does taking out a student loan one year and then another a couple of years later without signing a second promisary note result in a new loan or an addition to the old loan on the credit report?
You bought one under a month AGO and want a second one? ... Sure, you can buy a thousand cars if you want. I think what you really want to know is can you finance a second car within a month of financing a first car. The answer is "it depends". It depends on your finances, down payment, credit FICO score, income, etc. Just tell the bank you just bought one for so-and-so in your…