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Credit
The procurement of money, goods and/or services in exchange for a pledge to repay the amount at a future date
10,683 Questions
Why can bad credit be used against a job applicant?
A credit rating of a borrower reflects the past credit payment history. It also reflects the financial soundness as well as willilngness or a responsibility of a borrower to pay towards the loan dues. Hence it reflects the personal character of a borrower also. If the credit rating is high it shows that the borrower is a man of integrity and honesty; he has discharged his responsibility effectively. It also reflects the commitment to honour his words. Hence while giving a job now-a-days an employer also sees this aspect which helps him to judege the real character of the person whom they are going to employ. It gives a real indicator as to what sort of person he is, which helps the employer to judge the person who is being hired.
Can someone hack you if you let them use their credit card information on runescape?
No.
No one will ever get your runescape password even if you let someone use a credit card, you only know the password to runescape.
If you are talking about someone hacking you on runescape via credit card then no, because credit cards contain information about your card and not your runescape account details.
How do you create an Apple ID without a credit card?
The last option on the credit card choices should say something like "No Credit Card "
Where does credit card companies get the funds to pay for customer purchases?
You pay your bill at the end of the month, and they tack on the interest.
What happens when you stop paying line of credit?
First you will receive past-due notifications and your bank will raise your interest rate. Then you will get sent to collections. Then the bank will try to draw on your paychecks, but that whole process takes up to 6 months from the time you stop paying. Eventually, though, they will be able to pull money from your paycheck, unless you declare bankruptcy on the debt.
Will filing chapter 7 bankruptcy get rid of a credit card judgment?
Yes. It is the most common reason for filing for bankruptcy. If the judgment creditor had an execution issued and attached any equity in your home, you may have a problem.
What qualifies someone as being credit worthy?
Previous credit is likely #1 qualifier, for first timers its mostly assets
If problems arise with first time credit searchers I suggest going to your banking institution(most have a chosen credit card type) and they will assist you with obtaining credit, a co-signer(someone with credit to vouch for you) can help greatly
If all else fails you can typically have your bank hold a set amount of money and they will give you a credit card with a value of whatever they're holding in the event you decide not to pay - yes you lose out on that money until your card expires but in the mean time you can charge things to your card and make your monthly payments(which builds your credit rating)
Side note:Not making payments(or making them late), repeated pinging of your credit(Happens every time you apply for it) both hurt your credit rating
How do you see your credit score with no obligations?
You may obtain your credit score for free without a credit card or any obligation from CreditKarma.com (TransRisk Score) and CreditSesame.com (Plus Score).
How many people have credit card in the world?
almost everybody had a credit card except for little kids of course and people that dont have a bank account,
Will a repossessed car be removed form your credit in 7 years?
It may or may not fall off your report in 7 years. This depends on the Statute of Limitations, which may vary from state to state. However, it usually will fall off your report along with other baddies* on your report...
* baddies: term referring to things on your credit report that bring your score down, like collections, repos, foreclosures, delinquencies, etc...
Is a beacon score of five good with a credit score of 675?
The Beacon version 5.0 is the formula which was created by FICO (Fair Isaac Company) and is used by Equifax to calculate a credit score.
Considering that the average FICO score in the US is 680, your score would fall just below average.
How much does it cost to get my credit score?
All consumers are entitled to a copy of their credit once a year or if they were just denied a loan. This is to ensure the accuracy of the report.
Can having a zero balance credit card that you do not use hurt your credit scores?
Yes, if they sit with zero balance continuously, they can and often do. Close them out if you can otherwise, make small purchases each month (ex: fill your gas tank once a month) and then send payment immediately thereafter thus avoiding finance charges. I would reccommend not waiting for the bill. Spend $20 and send $20. That actually increases your score.
www.fico.com has more info
How can you get business credit accounts?
One of the best ways to help get business credit is by building your business credit profile. To do so, it is important to get your company's D&B D-U-N-S® Number, which is accessible to all businesses for free, and tax identification number (EIN), which is issued by the IRS. These identification numbers are often required on loan applications and allow you to build business credit separate from personal credit.
How many times can you check credit before its starts affecting your credit?
every check counts but once you get to 6 it flags you as red... bad
What does RPI LD stand for on a credit report?
RPI LD is Real Pages Inc. This is a web resource that landlords use when they need to check the credit worthiness of potential tenants.
What does RPI-LD mean on a credit report?
What RPI-LD on a credit report means is that a hard pull was done. Hard pulls are usually done when doing credit checks from landlords and such.
Can money be deposited in a debit card?
You can deposit money into an account that is accessed by a debit card. Also, if you are refering to a prepaid card the answer is yes as well. The exact method varies by the type of card.
