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amount of debt
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Who is a creditor?
The creditor is the person who provided services, goods, or credit.
Does bad credit score in the US effect the credit score in Canada?
Technically, no. The Canadian credit bureau does not share information with the US credit bureaus. However, a Canadian creditor can certainly check with a US credit bureau to check your credit history.
The maximum amount of credit you are allowed by a creditor is called an?
line of credit
Who is debtor and who is creditor?
debit and credit boi
Who reports to credit bureaus quarterly?
by the creditor
What law allows a borrower to sue a creditor or credit bureau that verifies incorrect data about his or her credit history?
The "Truth in Lending and Consumer Leasing Acts" allow borrowers to sue a creditor or credit bureau that verifies incorrect data about his or her credit history.
How do you get a writ taken off your credit history?
Get a copy of your report and write the creditor responsible for the discrepancy.
Can a creditor refuse to accept a check as payment?
Yes ... why would a creditor someone even consider taking a credit card payment from someone who has a history of not paying their credit card bills. Think !!!
Who is a creditor?
The creditor is the person who provided services, goods, or credit.
Which measure would a long term creditor be least interested in reviewing?
current ratio
Bad credit history takes how long to be cleared from the system?
Bad credit history is reported for seven years. Each time you make a payment on the account, the time that a creditor can report the account starts over.
Request for Bank or Credit Reference?
Get StartedWholesale suppliers, retailers, banks, lending institutions, mortgage companies, and other credit providers often seek information about an Applicant's credit history when deciding whether to extend credit. This letter is used to request credit history information about an Applicant from a bank or other lending institution such as a savings and loan or mortgage company, a trade creditor, or some other credit provider.Credit history information is private and confidential. As a result, the Applicant must authorize the release of the information to your organization in order for the creditor to release it to you. This authorization must be submitted with your request letter. The authorization is usually contained in the Credit Application, which is signed by the Applicant. The release of confidential credit history information without such a release could subject the creditor to civil and/or criminal liability.
Does bad credit score in the US effect the credit score in Canada?
Technically, no. The Canadian credit bureau does not share information with the US credit bureaus. However, a Canadian creditor can certainly check with a US credit bureau to check your credit history.
How do you double entry when your debtor has paid your creditor for you?
credit the debtor and debit the creditor
If you have an unpaid credit card in another country what conditions must apply before they can they report the debt to your US credit report?
CRA's in the US, report the credit history of transactions made only in the US. Therefore credit history from another country would not show up on a report in the US. This does not prevent a prospective creditor from requiring confirmation of the person's previous credit history.
The maximum amount of credit you are allowed by a creditor is called?
line of credit
The maximum amount of credit you are allowed by a creditor is called an?
line of credit
