2007-10-08 07:35:16 · 3 answers · asked by trina_k_2003 1 in Business & Finance ➔ Credit
Someone who extended credit to you and can report on how you handled the debt.
2007-10-08 07:40:58 · answer #1 · answered by bdancer222 7 · 0⤊ 0⤋
A credit reference is a person or a business that has done business with you in the past and can attest that you paid them and that you paid them as per your agreement and were on time.
The same can be said if you did not honor the agreement in which case they would be a bad credit reference.
For instance - landlord - you are expected to pay let's say $1,200.00 every month on the 1st of every month. If you did this, your land lord would write a good credit reference.
Hope it helps.
2007-10-08 07:47:03 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Credit cards you have or have had in the past. Charge cards from stores or online businesses. Loans you've taken out, those you've paid off and those you haven't. Anytime anyone has extended you credit (you didn't pay up front), they are considered a credit reference.
Your credit history lasts as long as you do, so always pay off your loans & credit cards!
2007-10-08 07:46:40 · answer #3 · answered by Arggg 7 · 0⤊ 0⤋