Does it mean you have to have a 0 balance?
2007-02-23 15:54:12 · 6 answers · asked by mjfly 2 in Business & Finance ➔ Credit
No, it means that you have not been past due on your account, that you have been making minimum payments, and you have not exceeded your credit limit.
2007-02-23 16:01:27 · answer #1 · answered by Latigo 3 · 1⤊ 0⤋
it means you must not be late on paying your account. Any number of days past the due date would be "not current"
2007-02-26 23:04:04 · answer #2 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
No, it means that your account must be active (or current). You can't use an account that was previously closed and is not being used now.
2007-02-24 08:55:57 · answer #3 · answered by Mariposa 7 · 0⤊ 0⤋
No it means you must be making your payment ( minimun at least) on time every pay cycle. You should not have been late or otherwise incurrs and penalty fees due to missed/late payments or NSF payments.
2007-02-24 00:18:39 · answer #4 · answered by limgrn_maria 4 · 0⤊ 0⤋
not it doesn't have to mean that.
It could mean that it is in good standing. Payed as agreed.
Or not canceled.
2007-02-23 23:58:02 · answer #5 · answered by Anonymous · 1⤊ 0⤋
no it means you must not be in arrears with regard to payments .
2007-02-24 00:00:47 · answer #6 · answered by Anonymous · 0⤊ 0⤋