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A credit mobilier is a construction company set up by several stockholders of the Union Pacific
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∙ 13y ago
Vanesa Perez Cabrera
A fake company set up by a railroad to make more money
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Railroad built by the Credit Mobilier?
union pacific
Who was involved in credit mobilier and what was the purpose of this company?
People involved: Union Pacific Railroad in 1864, vice president Shuyler Colfax, and congressman James Garfield involved in Credit Mobilier. Purpose: obtain powerful political positions for its shareholders
What was the Credit Mobilier scandal of 1872 about in America?
The Credit Mobilier scandal which occurred in 1872 involved arguments with Union Pacific resulting from the building of the western part of the Transcontinental Railroad. The problems originated in 1864 during the presidency of Abraham Lincoln.
How do credit cards affect an individuals credit history?
Credit Cards greatly impact a credit score. In fact, 30% of your credit score is determined by how well you use credit cards. (Utilization Rate). You want to keep your Utilization rate at 20% or less of the credit limit.
Is it possible to get a bad credit history from being denied a credit card because you did not have a credit history?
It is possible that you will show a low credit score if you have no other loans, credit cards, etc. You have to have revolving accounts or other accounts to establish credit. If you are having trouble getting a credit card you can try and get a secured credit card, or have a co-signer help sign with a application for credit.
Construction company of scheming stockholders?
Credit mobilier.
Railroad built by the Credit Mobilier?
union pacific
What was hurt by the credit mobilier affair?
Grant administration
In which example of corruption under president grant did the Union Pacific Railroad use government money to make money from its own stock?
Crédit Mobilier
What was the main purpose of the company as Credit Mobilier?
To make money.
What did the credit mobilier do?
he build up the Union Pacific bridge
Is not related to the money supply during the Gilded Age?
credit mobilier
The credit mobilier scandal occurred during which presidential administration?
Grant
Who is not related to the money supply during the Gilded Age?
credit mobilier
What was the main purpose of the company known as credit mobilier?
To make money.
Which of these is not related to the money supply during the Gilded Age?
Credit Mobilier
What man was accused of involvement in the Credit Mobilier scandal?
dndru jhon was
