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What is the meaning of proportion of loan balances to loan amounts is too high?
Wiki User
∙ 14y ago
Simply put, this means someone uses too much of their available credit. Here is an example: Person A has $1000 in credit card debt (4 open cards) spread out like this: AMEX: $200 balance with a $5000 limit, VISA:$500 balance with $5000 limit, DISCOVER: $300 balance with $5000 limit, MasterCard: $0 balance with $5000 limit. Person B has the same $1000 in debt but spread like this: AMEX: $200 balance with a $300 limit, VISA $200 balance with $200 limit, DISCOVER: $500 balance with a $500 limit, MASTERCARD: $100 balance with a $200 limit. Person B, despite having the same overall debt level will have a lower credit score than person A because they are using more of what is available to them. A good credit score means you use credit sparingly and don't show signs of relying on credit to manage your finances
Wiki User
∙ 14y ago
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Which of these best describes why a large percentage of farmers in the late 1800s had high amounts of debt?
Many farmers had borrowed large amounts of money to pay for land and farm equipment.
Could you get a credit card with a 528 score?
probably not, because your consider high risk to the merchant/lender. you probably have some high balances, slow payments and too many active credit cards or/and new credit cards
What is the best definition of a progressive tax system?
a tax system that takes a larger proportion of income from high-income people than from low-income people
Can having to many credit cards with no credit balances reduce your credit score?
{| |- | Your overall credit history will determine how your credit is affected by having numerous credit cards. However, having an overabundance of credit cards with high balances or credit availability can negatively impact risk scores if your credit history is questionable. |}
Do returns effect your credit history?
No - no more than the balance of your credit card does. Individual returns are not reflected on your credit report, only the balances of cards, high limits, etc.
What do solid fats have high proportion of?
Solid fats have a high proportion of saturated fats.
What do solid fats have a high proportion of?
Solid fats have a high proportion of saturated fats.
What does solid fat have a high proportion of?
Solid fats have a high proportion of saturated fats.
Solid fats have a high proportion of .?
Solid fats have a high proportion of saturated fats.
What is high gearing?
A high proportion of fixed interest funding.
Myelin contains a high proportion of?
lipid perhaps...
Lateroite soils contain high amounts of what?
Laterite soils contain high amounts of iron.
What does derogatory public record or collection filed mean?
what does this mean SERIOUS DELINQUENCY, AND DEROGATORY PUBLIC RECORD OR COLLECTION FILEDNUMBER OF ACCOUNTS WITH DELINQUENCYTOO FEW ACCOUNTS CURRENTLY PAID AS AGREEDPROPORTION OF LOAN BALANCES TO LOAN AMOUNTS IS TOO HIGH
What type of product can one purchase from Sartorius?
Sartorius sells a variety of scales and balances for small items. All of their scales are high precision meaning they are accurate to within 1/100th of a kg.
Does Foods containing high amounts of refined sugars have a low glycemic index?
No. Foods with high refined sugar amounts have a high glycemic index.
What is high yella?
High yellow is a term used to define a black person who has a high proportion of white ancestry. Those who are considered high yellow are of the African descent, but do not have the darker complexion.
What are the three types of age structure?
The three types of age structures are: young-age structure (high proportion of young individuals), stationary age structure (relatively equal proportion of individuals across age groups), and old-age structure (high proportion of older individuals).
