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A credit sell is when a person sells their rights to receive future payments from a debtor to another party in exchange for immediate cash. This transaction allows the seller to receive funds upfront, while the buyer assumes the risk of collecting the debt from the debtor in the future.

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AnswerBot

1y ago

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How thick is a credit card in millimeters?

A standard credit card is about 0.76 mm thick.


If you dispute something on your credit report can you get a credit score while it's in investigation?

Yes, you can always get a credit score since it is simply an algorithm that is run against a "snap-shot" of your credit report. Disputes don't show up on your credit report - only the results so the resulting score won't be affected by the dispute until after it has been resolved.


If you report an error on your credit report and it is removed corrected by credit agency how long will it take for your credit score to improve?

It depends on relationship between the creditor correcting the error and the credit reporting agency. It can be done within one day. This is different than how long it takes the lender to update their information from the credit reporting agency. You can tell the bank or lender that you are going to borrow from that you just corrected something. Ask them if they are able to do rescoring. Some can and some can't. They have to have a membership and pay money to the credit bureaus or to some organization in order to do it. Anyway, if they can rescore you, they put in the request, and your score will update in 72 hours.


What are the four factors that determine a persons creditworthiness?

Factors that determin a person's creditworthiness arePayment history, amount of outstanding debt, amount of time that the debt has been open, and the amount of new credit.


Will a magnet affect a credit card?

yes but it depends on the type of magnet and how strong it is

Related Questions

Does Gamestop sell facebook credit?

no


Do Amazon sell credit card scanners for shopkeepers?

Amazon does sell credit card scanners for shopkeepers. Amazon sells credit card scanners offered by their users that can be purchased and shipped to the buyer.


Do banks sell first time credit cards?

Banks do not sell credit cards but rather offer first time credit cards to those trying to build their credit. RBC, TD, and CIBC all offer first time credit cards to their clients.


Can a credit card company force an estate to sell a home to pay their bill?

No, credit companies cannot force anyone to sell anything to pay them.


If you were going to sell a car that was repossessed is it better to get it back and sell or let it go?

It will be far better for your credit if you pay it off and sell it. When THEY sell it they are more than happy to sell it at auction for a loss then turn to you to make up the difference. It can mess up your credit for a long time.


What is the journal entry for a cash sell?

Debit Cash Credit Sales


A primary reason firms sell on credit is?

A primary reason firms sell on credit is to maintain their clients and also to move their stocks. These is one of the strategies of releasing revenue by an organization.


What can one with poor credit do to obtain a credit card?

There is an online site, called 'credit' that can easily sell you a prepaid card. You can start out with this card and you can improve your credit, as prepaid cards do not impact your credit.


How do you sell furni on Habbo without trading?

You can sell furni on the market place if you pay one credit.


How can you get out of a car contract without completely destroying your credit?

Sell it.


Does your credit score go up if you sell a house?

yes


Where could a person buy phone credit?

There are many places to purchase phone credit depending on the type of phone that the credit is to be used for. Walmart, Target, and Best Buy are all retailers that sell phone credit. Some cell phone companies sell their own credits to their customers.