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Mine never have been. I've needed to list all of my credit cards and balances when applying for the mortgage, but these aren't usually in the closing documents.

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11y ago

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What is an explaination of buyers credit and suppliers?

buyers credit is for exporters whereas suppliers credit is for importers


What is buyers credit and difference between suppliers credit and buyers credit?

Buyers credit is financing provided to a buyer to pay for supply of goods or services usually by an exporting country or by the supplier company.


What is bank letter of credit?

A bank letter of credit is a type of document issued by financial institution to assure the seller the payment of goods or services given that certain documents have been presented to the bank.


What is a bank letter of credit?

A bank letter of credit is a type of document issued by financial institution to assure the seller the payment of goods or services given that certain documents have been presented to the bank.


Does closing a savings account hurt your credit?

Closing a savings account does not directly impact your credit score. Savings accounts are not reported to credit bureaus, so closing one will not affect your credit history or credit score.


How does someone qualify for the home buyers credit?

The first time home buyers credit is available to people who purchased their home from 2008-2010. You could not previously have owned a home in the three years before the closing date on your new house. If you owned a home previously, but sold it before the three year deadline, you are still a candidate.


A credit memo is a document that is used when?

A credit memo is a document that?


What is buyer's credit roll over?

Say, You have taken say $1,00,000 buyers credit for tenure of 90 days and now you want to extend it for another 90 days, it means you want buyers credit rollover. In this case you can either approach you existing buyers credit provider bank for the transaction or any other bank which is offering competitive quote and avail buyers credit for fresh tenure.


Are there rebates available for first time home buyers?

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Does closing a cedit card by the consumer affect their credit negatively?

Closing an account will affect your credit score and decrease your score.


How will closing a savings account affect my credit score?

Closing a savings account will not directly affect your credit score because savings accounts are not reported to credit bureaus. However, if the account is linked to a credit card or loan, closing it could impact your credit utilization ratio, which may indirectly affect your credit score.


Does closing a savings account hurt your credit score?

Closing a savings account does not directly impact your credit score because savings accounts are not reported to credit bureaus. However, if you have a negative balance or owe fees when closing the account, it could be sent to collections and affect your credit score.