answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: When is credit a good choice and when is it a poor choice?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Get a 4000 loan with poor credit but good income?

I have a good income but poor credit.


Does a cosigner have to have a glowing credit history to cosign on a lease agreement for apartment - if their income is good?

They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.


What components of food make it a good or poor choice?

calories


Is the score 620 poor fair or good for 2013?

A 620 credit score hinges on poor.


Where can one find good percentages for poor credit auto loans?

The website Easy Auto Lenders has good rates for people with good or bad credit. Another place to try is BK AutoPros website, they will connect you with dozens of lenders who are willing to give good rates for poor credit auto loans.


Is 541 a good credit score?

A credit score of 541 is considered poor. It may make it difficult to qualify for credit or loans, and those that are approved may come with higher interest rates. It is important to work on improving your score by making on-time payments and reducing debt.


Can you get a credit card just by walking into a bank and applying for one?

Yes, if you have established credit or good credit. If you have poor credit or you're credit is new, you most likely won't get approved for one. If you have poor or no credit, look for Capital One credit card mailers. They do have annual fees, but usually they are the credit builder cards.


What is a poor credit rating?

a poor credit rating would be 0


How does a 627 credit score rank?

627 is Fair. The range is Very Poor, Poor, Fair, Good, Excellent. So dependig on how much outstanding debt\loans are on your credit report you MIGHT be able to get a Secured Credit Card.


Could you get a car loan with disabilty income you receive social security disability and you have poor credit?

No offence, but, you are drawing only SSDI, have poor credit, and want to borrow money to buy a car? Obviously with your poor credit, you have not made good choices in the past. And again you are making a poor choice. Forget borrowing money to buy a car. Save your money until you have enough to pay cash for a car. You may only be able to purchase a beater that runs good and can get you from point A to point B, but you won't have a car payment you can't afford in the first place. This time make a wise decision and do not borrow any money.


What is the cause of poor credit mortgage?

Often previous bad debts can have a huge impact on receiving a poor credit mortgage. It is worth having an official credit rating carried out to determine your rating, as this will also inform you as to why you have a good or bad rating.


Which websites carry information on credit cards for individuals who have poor credit?

You can find credit cards for those with poor credit at www.creditcards.com.