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Your credit can raise or lower your credit score. It is what consumer credit for buying a house or car is based on.
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∙ 9y ago
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How does financial aid affect your credit score?
Im applying for financial aid for my house payment. will it effect my credit score
In what ways can a negative credit report affect your financial goals?
Refinancing can affect your credit report, and excessive shopping can also hurt it too.
If you default on a credit card debt in Hong Kong can the bank sue you in Australia if you now live in Australia?
Yes. You can be sued for for unpaid debt no matter where you live. Further more, this debt WILL affect your financial standing in Australia and your ability to get credit here.
If you have bad credit will it affect the credit score of your spouse?
Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.
What is the financial definition of the credit rate?
A credit rating is a measure of the likelihood for an individual or business to default on a loan or other form of credit. It is applied by a credit rating agency.
Does credit score affect an application for citizenship?
Credit score typically does not directly impact an application for citizenship. However, demonstrating financial stability and responsibility can be important for certain visa applications or naturalization processes. Good credit history can reflect positively on an applicant's overall financial standing.
How does financial aid affect your credit score?
Im applying for financial aid for my house payment. will it effect my credit score
Why are credit investigations criticized?
Credit investigations are criticized because they are seen as invasive and intrusive into an individual's financial privacy. They can also be seen as discriminatory, as they disproportionately affect individuals with lower incomes or poor credit histories. Additionally, some argue that credit investigations do not provide a holistic view of an individual's financial stability or ability to repay a loan.
In what ways can a negative credit report affect your financial goals?
Refinancing can affect your credit report, and excessive shopping can also hurt it too.
If you default on a credit card debt in Hong Kong can the bank sue you in Australia if you now live in Australia?
Yes. You can be sued for for unpaid debt no matter where you live. Further more, this debt WILL affect your financial standing in Australia and your ability to get credit here.
If you have bad credit will it affect the credit score of your spouse?
Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.
Would it be considered good credit standing if you don't have any outstanding loans or financial obligations?
Not really, having no credit is just as can be just like having bad credit.
What is the financial definition of the credit rate?
A credit rating is a measure of the likelihood for an individual or business to default on a loan or other form of credit. It is applied by a credit rating agency.
What factors affect your current financial position?
Overhead expenses, the economy, and poor credit.
What is payment credit as a type of letter of credit?
A dispute letter to credit bureaus is written by an individual to the credit bureau over the some issue related to credit standing. The individual would need to be clear in his letter of dispute against that of the credit bureau, providing evidence where possible to proof the error on the part of the credit bureau.
How does diversification affect financial institions credit risk exposure?
Generally, diversification helps reduce the overall credit risk exposure for financial institutions by reducing their overall expected chargeoff rates.
In the world of banks what is a line of credit?
The line of credit is a credit source extended to a business or individual through a bank or maybe other financial institution. It is also the maximum credit that a customer is allowed.
