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What is considered very good credit?
A credit score of 720 or higher is generally considered very good credit.
Is salary considered a debit or credit?
credit
Is a credit card considered a secured or unsecured loan?
A credit card is considered an unsecured loan.
Is a secured credit card considered a major credit card?
No, a secured credit card is not considered a major credit card. It requires a security deposit to establish a credit limit and is typically used to build or rebuild credit.
Are credit cards considered to be money?
Although many people treat them as such, no, credit cards are not considered to be money.
What is considered very good credit?
A credit score of 720 or higher is generally considered very good credit.
Is salary considered a debit or credit?
credit
What credit score is perfect credit and what score is considered bad credit?
Credit score that is around or more than 700 is considered to be good and score below 500 is considered to be bad. It is always advised to constantly monitor your credit score.
Is a credit card considered a secured or unsecured loan?
A credit card is considered an unsecured loan.
Is a secured credit card considered a major credit card?
No, a secured credit card is not considered a major credit card. It requires a security deposit to establish a credit limit and is typically used to build or rebuild credit.
Are credit cards considered to be money?
Although many people treat them as such, no, credit cards are not considered to be money.
Is a line of credit considered a revolving account?
Yes, if the account type is considered a line of credit it will be calculated into your revolving account balance on your credit report.
Are credit cards considered unsecured loans?
Yes, credit cards are considered unsecured loans because they do not require collateral to be approved for a line of credit.
What is considered a high credit score?
A high credit score is typically considered to be above 700, with scores above 800 being considered excellent.
Is a 500 credit score considered bad credit?
no 500 is a good credit
Is a credit card considered unsecured debt?
Yes, a credit card is considered unsecured debt because it is not backed by collateral.
Is credit score 606 good?
A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.
