answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Who said there is not limit to what a man can achieve if he does not care who gets the credit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

When you start to obtain credit what are important factors you should remember?

First pay all your bills within the 30 day limit. Makes sure that you stay at about 35% of what your total high credit limit is. Use this formula .35 x $500 (or whatever your high credit balance is on your card)=$175. You do not want to have no more than that on your card. The reporting agencies look at this as if you are financially mature and can handle your credit The closer your balance gets to your high limit, the credit report companies will start penalizing as if you are having to use to much credit.


Does your credit report get worse if you max out a credit card?

Your credit score gets lower.


Will credit card increase my score?

That depends on the consumer using the credit card. Paying on time and keeping low balances will keep your good credit standing ...good. Not paying on time and having the balance close to the credit limit will decrease your credit score dramatically Having a lot of credit cards is not good either because the risk of possibly being in debt is high. Also if you apply for a new credit card it will reduce your credit score because it's consider a new loan with no credit history, as the credit card gets older and more established the score will go back up.


Can a co-signer help get a person with bad credit get the same rate that a person with excellent credit gets?

Not likely.


How long before a debt gets wiped clean?

It is common belief that after seven years your debt gets wiped clean from your consumer credit report that is reported to all major credit agencies.

Related questions

Who said there is no limit to what you can achieve as long as you don't care who gets the credit?

This quote is often attributed to Ronald Reagan, the 40th President of the United States. It reflects the idea that focusing on the collective success rather than individual recognition can lead to greater accomplishments.


What is Hackensack High School's motto?

The motto of Hackensack High School is 'There is no limit to the good a man can do, if he doesn't care who gets the credit.'.


Did Ronald Reagan have a paper weight on his desk that said there is no limit to what a man can do or where he can go if he doesn't mind who gets the credit?

Yes, Ronald Reagan did have a paperweight on his desk that said, "There is no limit to what a man can do or where he can go if he doesn't mind who gets the credit." It was one of his favorite quotes and a reflection of his leadership philosophy.


When you start to obtain credit what are important factors you should remember?

First pay all your bills within the 30 day limit. Makes sure that you stay at about 35% of what your total high credit limit is. Use this formula .35 x $500 (or whatever your high credit balance is on your card)=$175. You do not want to have no more than that on your card. The reporting agencies look at this as if you are financially mature and can handle your credit The closer your balance gets to your high limit, the credit report companies will start penalizing as if you are having to use to much credit.


What is a revolving guarantee?

Revolving bank guarantees limit the overal credit to be allowed to a customer with a validity period. The credit gets released once the customer makes the payment and can be used for new sales again.


Can you please tell me how credit card processing works?

Credit card process works this way: One fills out a form online or paper, the for gets reviewed for a credit check and based on a person's credit check, the application can be declined or a certain amount can be provided (credit limit) if the application is approved.


Who divied the roman empire?

The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.The emperor Diocletian gets the credit or the blame for dividing the empire.


Does your credit report get worse if you max out a credit card?

Your credit score gets lower.


Is there a time limit in baseball if no one gets out?

no there is not


What country gets credit?

England


Mathematically what is a limit?

A limit is the value that a function approaches as the input gets closer to a specific value.


Which president gets credit for ending slavery?

Abraham Lincoln get credit for ending slavery.