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Q: How does a credit score affects the ability of a customer to acquire a loans?
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Why customer given credit limits?

To ensure they dont exceed their ability to pay


Is refund to customer debit or credit?

Credit to the customer.


Which reputable financial institutions are willing to provide mortgages with no credit check?

Without a credit check, it will be difficult to be able to find a financial institution that will provide a mortgage for a customer because they have no basis for them to secure the loan and that the customer has the ability to pay for it.


Does a junior lien affect credit?

Yes. Any lien affects credit.Yes. Any lien affects credit.Yes. Any lien affects credit.Yes. Any lien affects credit.


Can a car repo prevent from buying a house?

Any repossession negatively affects your credit rating. Negatively affected credit ratings will affect your ability to obtain loans, typically in a negative way.


How can one acquire a HSBC credit card?

One can acquire an HSBC credit card by filling out an application for the card. The application is then reviewed and the applicant's credit is checked. You must be 18 years or older and be a US resident in order to acquire one.


Standby letter of credit?

The Standby letter of credit serves as a secondary payment mechanism. A bank will issue a standby letter of credit on behalf of a customer to provide assurance of his ability to perform under the terms of a contract between the beneficiary


What is credit customer?

Credit customer means that this customer has a credit term with the company. Credit term means that the customer can pay at a later date. Illustrations: Alice is your credit customer, she has credit term of 60 days. Alice bought stuff from you on 1st Jan, she can then pay you on 60 days after 1st Jan, which is 28th February.


How does Credit affects assets?

Credit has no impact on one's assets.


Which credit card companies offer easy to attain credit cards with those with bad credit history?

Several credit card companies like Capitol One are now offering services to customer who need a credit card but have a bad credit history. These service include the ability to obtain a prepaid credit card that works just like a normal credit card.


How can one acquire quick bad credit loans?

It can be difficult to acquire a quick loan with bad credit history but there are some options that one would be suggested to do so. One can apply to Credit Union or get a loan from family and friends.


Is a credit card customer paid interest for a credit balance?

No.