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Why would someone use a bank instead of a credit union?

Some of the reasons a person would use a bank instead of a credit union include: 1. There is no credit union within a reasonable distance, making a nearby bank more convenient. 2. The individual is not eligible for credit union membership. 3. The individual is not aware of the advantages of credit union membership over a conventional bank. 4. Personal preference.j3h.


List 4 positive and 4 negative things about credit?

If you are interested in increasing your credit score the credit reporting agencies are looking for a "Good Mixure of Credit". Here are a few: A Mortgage Credit Card Secured Line of Credit (Auto Loan, personal loan, etc) This will not only increase your credit score, but you will also start to establish a good history when it comes to monthly payments. 4 Positive: On time monthly payments; which increase your score Lenders, credit card companies will offer you more money with competitive APR's Credit cards should not be abused only use as much as 30% of the high credit limit to help you increase your "Credit Score" You will have an excellent credit score 2 Negatives If you abuse this priveladge then you can put yourself in a financial crisis Annual Percentage Rates are extremely High (especially if your credit score is in the poor range) Good Luck with your decision! Wanda Improve Credit, LLC


What's a good loan interest rate for someone with excellent credit?

A good loan interest rate for someone with excellent credit is typically around 3-4.


Can credit card companies increase your interest rate on prior purchases with out being late?

Yes. There are several reasons a credit card company can do this. Being late is only one of them. Your credit card agreement spells them out in plain English. You may have to dig into the 3 or 4 page document, but the answers are all there. Most credit cards have a web site you can look up your credit card agreement. They vary from bank to bank, but essentially they have the ability to do this. The credit card reform bill that recently became law has made some of these reasons illegal: like you were late paying OTHER bills. But many reasons for raising rates remain.


To build a good credit rating?

1. Pay your bills on time 2. Keep your balances at 20% or less of your credit limits. 3. Carry a mix of different types of credit (revolving and installment). 4. Do not close old accounts, even if you do not use them, keep the accounts open. 5. Do not apply for credit too much. (No more that 1 inquiry every 6 months.)

Related Questions

Why would someone use a bank instead of a credit union?

Some of the reasons a person would use a bank instead of a credit union include: 1. There is no credit union within a reasonable distance, making a nearby bank more convenient. 2. The individual is not eligible for credit union membership. 3. The individual is not aware of the advantages of credit union membership over a conventional bank. 4. Personal preference.j3h.


What are good reasons to use animals for?

animals can be used for: 1.loneliness 2.fun 3.depression 4.good times 5.sadness 6.to have a responsibility etc.


List 4 positive and 4 negative things about credit?

If you are interested in increasing your credit score the credit reporting agencies are looking for a "Good Mixure of Credit". Here are a few: A Mortgage Credit Card Secured Line of Credit (Auto Loan, personal loan, etc) This will not only increase your credit score, but you will also start to establish a good history when it comes to monthly payments. 4 Positive: On time monthly payments; which increase your score Lenders, credit card companies will offer you more money with competitive APR's Credit cards should not be abused only use as much as 30% of the high credit limit to help you increase your "Credit Score" You will have an excellent credit score 2 Negatives If you abuse this priveladge then you can put yourself in a financial crisis Annual Percentage Rates are extremely High (especially if your credit score is in the poor range) Good Luck with your decision! Wanda Improve Credit, LLC


Explain what helps determine a good hypothesis?

A good hypothesis is determined by: Use of what you learned and what you know to infer the happenings. Also, if you have good reason to your inferences. Try to put at least 3 or 4 good reasons in. If the reasons make sense, and they are possibly correct, or close to it, you should have a pretty well built hypothesis.


What's a good loan interest rate for someone with excellent credit?

A good loan interest rate for someone with excellent credit is typically around 3-4.


Example of credit card number?

Credit cards use 16 numbers with Mastercard starting with 5 an Visa with 4.


How good my credit should be to get accepted in 2 year contract with at and t for the galaxy note 4?

AT&T does not list on their website how good a credit rating should be to get a phone. Sprint and Verizon both have programs to help people with less than good credit.


Credit card laws in Pennsylvania?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Pennsylvania is 4 years. That is usually from the last use or payment.


Can credit card companies increase your interest rate on prior purchases with out being late?

Yes. There are several reasons a credit card company can do this. Being late is only one of them. Your credit card agreement spells them out in plain English. You may have to dig into the 3 or 4 page document, but the answers are all there. Most credit cards have a web site you can look up your credit card agreement. They vary from bank to bank, but essentially they have the ability to do this. The credit card reform bill that recently became law has made some of these reasons illegal: like you were late paying OTHER bills. But many reasons for raising rates remain.


What are the 4 reasons the us divided?

because 1 its bad 2 its sometimes good 3 its great and 4 its fantastic


What are 4 good reasons why math is important?

Really there aren't any reasons at all because we wont need math in the future we got smartphones!


To build a good credit rating?

1. Pay your bills on time 2. Keep your balances at 20% or less of your credit limits. 3. Carry a mix of different types of credit (revolving and installment). 4. Do not close old accounts, even if you do not use them, keep the accounts open. 5. Do not apply for credit too much. (No more that 1 inquiry every 6 months.)