2007-09-10 05:54:28 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
850, wow you have been a credit genius!
2007-09-10 05:56:56 · answer #1 · answered by Anonymous · 0⤊ 1⤋
All your credit details including any loans, credit cards, cataloges, bank accounts, mortgages etc.
Each company by law has to supply details of the amount of credit you borrow, when it was taken out and how you pay.
Any late payments will show on your credit file and non payments like county court judgments etc.
Cataloge companies are very quick to put you down as paying late, so be aware!
Hope this helps.
2007-09-10 06:02:40 · answer #2 · answered by jayney 2 · 0⤊ 1⤋
It's a rating based on your financial history of your credit-worthiness. Lenders use this to decide whether to give you a loan, and credit card companies use it to decide whether to issue a card. Since it's an indicator of how you've handled credit in the past and how reliable you are in paying your bills, it's a good gauge on whether you'll pay future bills.
2007-09-10 05:58:42 · answer #3 · answered by Judy 7 · 1⤊ 1⤋
100
2007-09-10 06:35:56 · answer #4 · answered by Anonymous · 0⤊ 1⤋