0
credit rating is how a merchant/lender evaluates how a consumer is going to pay them back. In order to do this they pull a credit bureau on the consumer. They evaluate the consumer's credit obligations ie) debt load (money they owe to creditors), payment history (when payments are made on time or not), age of accounts ( how long the consumer has had creditors for).
What else can I help you with?
What is the difference between credit score and credit rating?
The difference between credit score and credit rating is simple Credit score (or credit history) is the history of paying back debt where as credit rating the the reputation for paying back money owing
What are some simple tips on how to repair a bad credit rating?
There are some simple ways to improve your credit rating. One such way is to pay any outstanding debts that you may have. Another is to budget your expenses more carefully.
What type of services are offered by the Credit YES website?
Credit YES provides car loans to people with a low credit rating, or no credit rating at all. Loans are available for all types of vehicle from major dealers. Credit YES aspires to fast, simple, no-fee loan arrangements.
How can one rebuild a credit rating?
Simple steps can be taken to improve one's credit score. Pay one's bills on time and keep balances low on credit cards. Do not apply for unneeded credit cards and protect one's information from being used fraudulently.
Can you purchase a home with bad credit?
Hell NO! thats simple
What is the difference between credit score and credit rating?
The difference between credit score and credit rating is simple Credit score (or credit history) is the history of paying back debt where as credit rating the the reputation for paying back money owing
What are some simple tips on how to repair a bad credit rating?
There are some simple ways to improve your credit rating. One such way is to pay any outstanding debts that you may have. Another is to budget your expenses more carefully.
What type of services are offered by the Credit YES website?
Credit YES provides car loans to people with a low credit rating, or no credit rating at all. Loans are available for all types of vehicle from major dealers. Credit YES aspires to fast, simple, no-fee loan arrangements.
Credit Score Scale?
Credit scale is a simple rating system giving numbers to credit depending on a number of factors. A lot of scales you will find on the internet start near 300 (poor) and go up to 850 (perfect)
How can one rebuild a credit rating?
Simple steps can be taken to improve one's credit score. Pay one's bills on time and keep balances low on credit cards. Do not apply for unneeded credit cards and protect one's information from being used fraudulently.
Why is oxygen the strongest base in H2O?
in simple language H2O is natural that meaning it is a neither acidic nor basic .
How can you stay away from getting bad credit?
Live within your means. The simple rule is don't buy more than you can pay for. If you take out a loan, and a credit card can be a type of loan, make sure all your payments are made on time. If you pay off the credit card every month, you will develop a good credit rating.
What is the meaning of simple behavior?
what is the meaning of simple behavior
What are the simple greetings and comands in the Celtic language?
There's actually no such language as "Celtic". Celtic refers to a group of dozens of languages, six of which are spoken today:BretonCornishIrish GaelicManxScottish GaelicWelsh
How do bond rating influence which bond investors buy?
In simple terms, the better the rating the safer the investment.
What great philosopher scientist is given credit for discovering the simple machine?
Karl Wilhem is given credit for discovering simple machines
What is the maximum allowable interest rate for a personal note in Illinois?
Interest on the unpaid judgment is 9% per year (simple interest, not compound interest). Unpaid judgments can affect the judgment debtor's credit rating.
