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During which step of the credit process is a file reviewed for soundness?
Wiki User
∙ 14y ago
Evidently they aren't reviewed for soundness. That's why we had the crash of 2008 and the economy we're dealing with today.
If you're looking for career advice, try http://www.brightfuturespress.com.
Wiki User
∙ 14y ago
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Can you please tell me how credit card processing works?
Credit card process works this way: One fills out a form online or paper, the for gets reviewed for a credit check and based on a person's credit check, the application can be declined or a certain amount can be provided (credit limit) if the application is approved.
When can your credit report be reviewed by a lender or other entity?
when you ask said lender for a loan, you will sign a release that allows them to obtain your credit report and show it to you.If you are applying for credit, you may give permission for a credit review. Otherwise, your credit cannot be reviewed without your permission.
What if the credit card not presented during the refund transaction?
The credit card is supposed to be presented and processed. But it is possible for some systems to correctly process the refund if it is not. Unfortunately I would be very suspicious that the refund was not applied if the compan7y did not process the credit card.
Expenses incurred but unpaid that are recorded during the adjusting process with a debit to an expense and a credit to a liability are?
An accrual.
Incurred but unpaid expenses that are recorded during the adjusting process with a debit to an expense and a credit to a liability are?
An accrual.
How can you find their credit score online?
Free credit reports can be reviewed on myFICO, Consumer Information, Experian, TransUnion, Equifax, Free Score, Zoom Credit Score, Credit Sesame, and Got Credit.
What does MR mean on a credit report?
It Means Months Reviewed. http:/www.creditengine.net/equifax_format.htm
What does the process of online credit card acceptance refer to?
The process of online credit card acceptance refers to the process of taking credit cards as payment for a service. And then, getting credit card approval for the payment of that service.
What steps are involved during Merchant Accounts credit card processing?
A Merchant Account is an account linked to a business's current account that will accept and provide the credit card transaction process. In order to get a Merchant Account one must apply in a process similar to getting a personal credit card whereby credit worthiness, history of trading and likely spend will be assessed.
How much money do i have to make to apply for Capital One?
Anybody can apply for a Capital One credit card. If you receive on and the amount of your credit limit will be determined on your income, your credit history, and your employment stability. Everyone who applies for a credit card will have to have their credit report reviewed by the bank they are applying to.
How do you get your business to have credit?
Go to a bank with all of your official business documents and apply for a line of credit. They will base their decsions upon the soundness of your business plan, any possible collateral of the business or your own and the your personal and business history. The link mentioned below has few more ideas.
Can you apply for a secured credit card online?
You can apply for a secured credit card online. Most applications will require that you have a checking account that you can use to fund the secured credit card during the application process, and many will charge a yearly fee to maintain the card.
