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A good way to build credit, is to apply for one of those secured credit cards, you will have to put some money on there at first, but eventually your limit will go above what you have secured, and your credit score will go up.
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∙ 9y ago
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If someone with great credit co signs for some with bad credit does it help the person with bad credit?
The person with bad credit pays back the loan that the good credit helped him with in good payment statis. Have payment met on time or a little early will help the person with bad credit. The person with good credit is very generous with his credit. If the bad credit person does not pay on time or falters the loan. the Good credit person will have a problem . Not the bad credit person. Helping someone get back on their feet is a good thing. Make sure that your Good credit is not in jepordy.
What is a lending credit?
a person that lends credit
What are the advantages of credit sales?
its advantages are * the person need not to pay money at sport *the person had got a credit offers in credit sales
What kind of credit is extended when a person uses a credit card?
The type of credit that is extended when a person uses a credit card is revolving credit. Revolving credit allows the consumer to carry a balance and pay a minimum monthly.
What is a credit history?
The credit history of a person is the record of whether this person has paid his or her loans, and how promptly.
When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
What does credit limit mean?
Limited credit experience means that a person does not have much in the way of credit history. This means that a person has used credit as payment in the past, but not to a great deal.
Can a blind person get a special designated driver in order to get car loan approval?
a blind person with good credit has a more chance than a person who can see with bad credit maybe it's the credit of the person
Is a co-signer's credit better than the credit of the person listed 1st on the loan?
Lenders look at the middle credit score of the person with the worst credit score and not the person with good credit. You can get a free credit report from www.freecreditreport.com every 12 months from all 3 credit agencies. Look for any duplicate or erroneous items on your credit report and dispute them.
What does limited credit experience mean?
Limited credit experience means that a person does not have much in the way of credit history. This means that a person has used credit as payment in the past, but not to a great deal.
What if person uses deceased persons credit cards?
The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.
What companies offer credit cards with no credit checks required?
There are many prepaid credit cards that a person is able to buy without credit checks. But if a person wished to buy a "normal" credit card such as VISA there is a company called Credit Federal that requires no credit checks to purchase a credit card.
