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A zero down loan for bad credit can be obtained from various pay day loaners in major cities. These loans will have extremely high interest rates, however.
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Is unknown status on a credit report negative?
Normally a credit rataing, like for example, the CIBIL rating contains marks or points on which the credit rating of a loan applicant is determined. If the credit rating is high, then the credit rating of that person is good. If the points are low, say for exqample around 400- 450, it is risky to give a loan such a borower. Such a borrower is not credit worthy!!Thus a credit rating either relects a positive or negative score. But the credti rating also indicate "0" (Zero), whichi is an unknown status. We will not be knowing the credut history of the borrower.A "ZERO" credit score indicates that the borrower has no credit exposure so far and he has not availed any loan from any bank. That is why the credit score is shown as zero! Thus a zero credit score does not mean that the credit history of that borrower is bad!! It indicates that the borrower has not so far availed any loan from any credit institution.M.J.SUBRAMANYAM, XCHANGING, BANGALORE
Where can someone find credit cards that have a zero interest rate?
There are several places where someone can go to find credit cards that have a zero interest rate. Websites such as, creditcards, and comparecards, both list credit cards that have a zero interest rate.
How can you get a zero as your credit score?
Typically, if you see a "zero" or nothing as a credit score it is due to the consumer having no credit or not having any positive credit that would contribute to the scoring system. A consumer can have nothing but negative credit on their report and this would not generate a score. A score is normally generated when the consumer has had a loan and/or credit card history.
How can I build my credit with a score of 0?
First, credit scores don't go down to zero. The only way to improve credit score is to obtain credit, use it wisely, pay it on schedule.
Where might one go to locate available zero percent credit card offers?
There are many places one might go to find a zero percent credit card offer. One might best find a reputable credit card offer at one's local financial institution.
Will you get a two thousand dollar loan with credit of 649?
It depends on where you get your loan, how much collateral, and why your score is 649. Don't be fooled by credit scores. They don't mean what they say they do. I have a credit score of zero and my credit is excellent.
Is unknown status on a credit report negative?
Normally a credit rataing, like for example, the CIBIL rating contains marks or points on which the credit rating of a loan applicant is determined. If the credit rating is high, then the credit rating of that person is good. If the points are low, say for exqample around 400- 450, it is risky to give a loan such a borower. Such a borrower is not credit worthy!!Thus a credit rating either relects a positive or negative score. But the credti rating also indicate "0" (Zero), whichi is an unknown status. We will not be knowing the credut history of the borrower.A "ZERO" credit score indicates that the borrower has no credit exposure so far and he has not availed any loan from any bank. That is why the credit score is shown as zero! Thus a zero credit score does not mean that the credit history of that borrower is bad!! It indicates that the borrower has not so far availed any loan from any credit institution.M.J.SUBRAMANYAM, XCHANGING, BANGALORE
Where can someone find credit cards that have a zero interest rate?
There are several places where someone can go to find credit cards that have a zero interest rate. Websites such as, creditcards, and comparecards, both list credit cards that have a zero interest rate.
How can you get a zero as your credit score?
Typically, if you see a "zero" or nothing as a credit score it is due to the consumer having no credit or not having any positive credit that would contribute to the scoring system. A consumer can have nothing but negative credit on their report and this would not generate a score. A score is normally generated when the consumer has had a loan and/or credit card history.
What does the term 'Zero down' mean?
The term Zero down is short for Zero down payment, which in is in turn granted where good credit is presumed. It serves as an incentive following a high level of trust on the part of lender.
How can I build my credit with a score of 0?
First, credit scores don't go down to zero. The only way to improve credit score is to obtain credit, use it wisely, pay it on schedule.
Where might one go to locate available zero percent credit card offers?
There are many places one might go to find a zero percent credit card offer. One might best find a reputable credit card offer at one's local financial institution.
If you pay off an enormous credit debt within a year will it be completely off your credit report once it is paid off?
Every credit company and lender is required to repost to the credit bureaus monthly so it will show a zero balance within a month of paying it off but it will not be completely off you credit report. It will still show the company and original balance of the loan but it will show that the balance is at zero and when it was paid off.
Where is it possible to get a zero percent interest credit card?
It is quite hard to find a zero percent interest credit card. IT is best to talk to all of your local banks and find the best value offer for you. Card Hub also compiles card information.
Where can one find more information about zero percent balance transfer credit cards?
There are a number of websites where you can find information about zero percent balance transfer credit cards including Nerd Wallet, Cash Money Life, My Money Blog and Wisebread.
Where can someone find information about an auto loan with 0 intro Apr?
One can find information about an auto loan with zero introduction APR on the 'Cars Direct' website. They have information as well as lists of advantages and disadvantages.
How can you get Zero Percent Car Loan?
Zero percent financing was a special deal offered by car dealerships to entice you to purchase a new car. However, this deal was only available to those individuals with the highest credit rating, and the deal is no longer offered by most dealerships. Improve your credit score without any mistake and troubleshooting any problems in your credit reports.
