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Credit is tricky because it involves managing borrowed money while balancing repayment with interest rates, which can vary widely. Misunderstanding credit terms or accumulating debt can lead to poor credit scores, making future borrowing more expensive or difficult. Additionally, factors like credit utilization and payment history can significantly impact one’s creditworthiness, adding layers of complexity to financial decisions. Overall, navigating credit requires careful planning and awareness of one’s financial habits.

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6mo ago

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If an employer issues you a credit card with your name on it for professional expenses will this show up on your credit report?

Probably not. We won't know until you check your report! But, if they provided the credit card company with your name, birthdate, and social security number, they might have well established an entry onto your credt report! This is a tricky area... beware. In general, if you did not agree to the credit card' terms, you are not bound, period. You are likely an agent of the employer and are thus an extension of the company - not extending liability to yourself. Of course, if you go on a spending spree, you could always be sued civily for say... actually, it might be a criminal charge. Can't think of what theory to use for someone who goes shopping with a company credit card so it must be criminal.


Do you debit or credit proceeds of sales of fixed asset in trial balance?

credit credit credit


Why does Experian have credit files?

Experian is a global information services group. That's why they have credit files of people: they collect public and credit data to produce credit reports and credit scores.


What is the purpose of a free credit report?

The purpose of a free credit report is that the individual can get a report of their credit records. This way they can know what there standing is in terms of credit, and see if they have good credit or bad credit without paying any fees or services.


Does accrued salaries have a debit or credit balance?

Credit; liability accounts are always credit

Related Questions

Can one qualify for a settlement loan if they have bad credit?

Maybe. It all depends on the bank that you go to, usually with bad credit it‰Ûªs tricky to do, but some banks will do it. It also depends on how bad your credit is. If your credit score is bad enough, nobody will give you a settlement loan.


Information about the feeding habits of any 10 animals?

tricky,tricky,tricky...


What is tricky?

tricky is skill dog


When was Tricky Woo created?

Tricky Woo ended in 2002.


Is tricky a noun or an adjective?

tricky is an adjective.


It's Tricky to rock a rhyme to rock a rhyme it's tricky?

'It's Tricky' by Run DMC.


Is tricky a noun or verb?

"Tricky" can be either an adjective or a noun. As an adjective, it describes something that is difficult or complicated. For example, "The math problem was tricky." As a noun, "tricky" refers to a person who is cunning or deceitful. For example, "He is a tricky character."


What is the best credit counseling company?

CreditRepair are experts in the credit repair field and helps individuals meet their credit goals. CreditRepair's process has been been developed, refined and proven over many years and thousands of customers cutt.ly/0h0pVP6


Is it correct to say none of these recipies are tricky or none of these recipies is tricky?

It is correct to say "none of these recipies are tricky"


How do you spell tricky?

That is the correct spelling of "tricky" (sneaky, or difficult).


Answer to level 96 on never ending game?

tricky tricky


What is Tricky's birthday?

Tricky was born on January 27, 1968.