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What is building credit?

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11y ago

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baying your bills in time

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11y ago
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Q: What is building credit?
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Related questions

How can one get credit building credit cards?

Credit building credit cards, also known as secured credit cards, allow the user to deposit a certain amount of money as collateral in order to receive the card. The higher the amount deposited, the higher the credit limit. Websites such as Credit and Bankrate offer information on how to obtain credit building credit cards.


What type of credit is used to lease a building?

installment credit


What is the journal entry for Payment to builders for new building?

[Debit] Building account [Credit] Cash / bank


Who was given credit for building the steamboat?

Robert Fulton was given credit for the creation of the steamboat.


When can a teenager start building their credit rating?

at sixteen


Who was given credit for making the roman colosseum?

The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.The emperor Vespasian is given credit for the building of the Colosseum. Although he died before it was completed, he planned and financed it.


What is the journal entry for a building purchase loan?

[Debit] bank account [Credit] Building loan


When is a secured credit card issued?

When you apply for one. They are great for building or re-building credit. Call 877-834-4209 for a Capital One Secured Card.


What are some good tips to build your credit?

Building good credit takes time and it can be done using several tips. The tips to building good credit is to review the free credit report every year, keeping the balances below 50 percent of the credit limit and pay the bills on time.


What should be the journal entry for purchase of building from building fund account?

1. [Debit] Building account xxxx [Credit] building fund account xxxx


How can a teenager start building their credit rating?

As long as you pay off all your payments that you paid on your credit card your credit rating will increase.


Can banks or building societies default you for a bank account and put this info on credit reports?

I'M NOT SURE ABOUT BUILDING SOCIETIES, BUT I KNOW THAT BANK ACCOUNTS THAT ARE IN DEFAULT WILL APPEAR ON YOUR CREDIT REPROT. TAX LIENS, JUDGMENTS WILL ALSO APPEAR ON YOUR CREDIT REPORT.