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Q: What factor comanies should consider in making the decision whether to allow credit sales?
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Is buying or selling the products on credit basis a good decision or not?

If you are in business, buying and selling on credit may be a good idea, depending on the product. Two important factors to consider when making a decision about credit are how much the credit will cost you and how much it will improve your business.


Can you get a credit card if you have a decent job and make good money but have no checking or savings account?

While a checking and savings account may factor into the decision whether or not to grant you a credit card, a much larger factor would be whether or not you have established other credit accounts.


How can one set up a Capital One credit card account?

An application has to be made to Capital One who will assess whether a person is eligible for a credit card account. The decision is based on credit scoring.


How do your 3 credit report scores factor into a credit decision by a lender?

Your credit scores are very important in determining whether a lender will choose to loan you money or not. The better the scores, the higher the probability of getting a loan.


Is the actual decision to grant credit is made by a credit bureau?

No


How good should your credit for buying a home?

Technically, you could probably qualify for a home loan with any credit score, but the worse the credit rating the worse terms you'll qualify for and the more you could end up paying in interest rates, loan insurance, points, etc. Before requesting a mortgage, try cleaning up your credit. It will increase the chance of your getting a better contract. I personally consider good credit = a FICO score of 800 or more, but each lender has their own criterion. If your credit is bad, strongly consider whether now is the best time to assume a mortgage. Bad credit is a strong indicator of the likelihood that you'll default on payments, which is why lenders basically penalize you by charging more. Sometimes putting off a decision to buy a home, and spending the time cleaning up your credit and improving personal finance practices, is a better decision.


How do you check whether a person is blacklisted?

You can check if a person is blacklisted by running a credit check or a background check. This should give you the information you need to have to make a decision.


What is the best company with which to work for the processing of credit cards?

There are many good choices when selecting a credit card processing service. Your decision should be based on the personal needs of your company. You need to consider the costs and customer approval ratings.


Where can I learn more about Virgin credit cards?

Find the companies website, there is always websites for credit card companies. There you can read all the details about the card you may want and make a decision on whether or not it's a good idea.


Can you get a home loan if you have recently filed a chapter 7?

Not if the bankruptcy is pending. Once it has been discharged (preferably closed) then it is possible to apply for credit. Whether or not the applicant is extended credit of any sort is the decision of the lending institution.


Is My Credit Score Essential When Applying For A Business Loan?

Credit scores are progressively becoming a significant decision-making factor in effectively getting a business loan. Most lenders consider the way someone handles his personal credit as a good indicator of how the business credit can be handled. Before applying for a business loanyou must get a copy of your personal credit report in conjunction with your credit score.


Which websites offer information on instant decision credit cards?

There are many websites that offer information on instant decision credit cards such as, Uswitch, and there are other credit card comparison websites.