To build your credit history you just need to get a credit card and make purchases with it and pay it off. They offer bad credit credit cards for people who are just starting out, you can call Visa, or MasterCard.
In order to find out your business credit history, you must talk to someone at your local bank, credit union, or perhaps call your credit card company and ask to speak with someone who could help.
There are multiple websites that can calculate your credit score history. For example, freecreditreport.com. You could also ask you bank or credit union.
"A credit history check would be useful if you were trying to buy a house or a car, or obtain a loan. You could check your credit first, and if there were problems you could pay them off before applying for loans."
Someone with bad credit could open a merchant account with their bank, provided that their bank offers merchant accounts. Additionally, someone with bad credit could open a merchant account overseas, as overseas merchant processors don't typically pull credit reports.
There are a few ways that someone with bad credit can obtain finance, The first is to use a home equity line of credit and you could also apply to credit unions or receive a peer to peer loan.
how many yrs could someone face in jail for fraud a credit card that someone only spent 200 dollars
Yes, you can rent if you have no credit history. However, securing rental accommodation could be difficult and the rental rate could be higher than normal.
There are a few places where one can go for advice regarding repairing their credit history. The Citizens Advice Bureau offers advice, as well as, an expert website who offer free reports regarding your credit history.
If you have no credit record, chances are that your APR on a loan will be higher than what would be charged to those who have stable credit ratings. The reason for this is because without any credit history, you could be considered "high risk" ... granted one cannot get credit history without having credit, but the credit determination is often black and white - you either fall into one category or the other - there are no gray areas when dealing with credit or credit history.
They could use it if they have your PIN number.
If you're asking why someone may not be bondable, it could be due to credit history or lack of a credit history, insufficient liquidity (cash or assets easily convertible to cash) to back up the bond. Bonds are not insurance, they are a promise to pay on your behalf - with the understanding that you will immediately pay the bond company back.
Credit limits are set by your lender who can change your credit limit depending on your payment history, usage and a number of other factors. They will make reasonable choices when setting or amending your credit limit and would certainly avoid giving someone a credit limit they believe the individual could not reasonably afford.