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What is a high credit score rating?
A high credit score rating means someone is in good standing credit wise. They are prompt in payments and always pay payments in full. A good credit score is sought after by many people, because its a mark of a responsible person.
What is credit standing in finance?
Your credit standing is is determined by the information on your credit report which is then calculated into a credit score (300-850). Basically, it shows the likelihood of you repaying a loan and how much of a credit risk it would be to loan you money.
What does an Equifax credit score of 746 mean?
It means your credit is in "Excellent Standing"
What is meant by status?
social or financial standing
Will paying off your credit cards raise your credit score?
things that raise your credit score are , having major cards open more than 3 years, and showing good standing with that creditor. you dont have to use a credit card to show good standing. yes paying off high dept will raise your score. and having too much on your cards even if you pay on time will lower it.
How high is a credit card?
The limit of the credit card issued by your bank is determined on the basis of your financial standing,credit worthiness. So, it varies from person to person. persons having multiple credit cards, have a spending tenacity whereas the debit card holders are tied by their account balances.
Can you get hired by bank that you have credit cards with?
Yes - as long as your credit cards are in good standing.
If you are in good standing in your credit report what credit score do you have?
Scores of 700 or above suggest a decent credit report.
What is meant by NCL in credit card business?
Net Credit Loss
Why is credit considered when buying car insurance?
Insurance companies have proven that those people who have a lower credit rating also have a high amount of claims. This is statistical information and in no way is meant to state that everyone who has a low credit score will have claims.
How does credit affect an individual financial standing?
Your credit can raise or lower your credit score. It is what consumer credit for buying a house or car is based on.
Can a credit seize other credit cards?
can a credit card that has won judgment against you seize other credit cards that are in good standing
