Your credit history reveals how well you have used credit in the past, and lenders use it to approve you for loans and determind your terms.
It is possible to get a bad credit history wiped clean if you have paid off all your debts and have not taken out a loan, credit card, or other form of financing for several years. This interval can be seven or 10 years. Even borrowers with extensive prior credit history could effective...
A high credit score (which is based on your credit history) tells lenders that you make on-time payments, responsibly maintain your accounts, and keep your credit utilization ratio low. According to FICO, a “good” FICO® Score is 670 or higher....
Your credit history consists of information such as: How many accounts you’ve had, both open and closed. An account on a credit report is also called a credit tradeline. What types of accounts you have, also known as your credit mix. You may have a combination of revolving credit (i....
百度试题 结果1 题目What is one's credit history important?怎么翻译,important为什么要放后面?相关知识点: 试题来源: 解析 后置修饰.放在后面表示强调.翻译:什么是一个人最重要的信用史?特地检验一遍,记得给分.反馈 收藏
Credit history is a report that documents anything related to how an individual managed his or her credit. It includes information on borrowing and repayment of credit cards, bank and car loans, mortgages and any other debt owed to a creditor. An individual's credit history will not only ...
Credit history is one of the biggest factors for determining financial opportunities, impacting everything from mortgage rates to personal loan terms.Read on to learn about credit history, credit scores, and credit reports.What does it mean to build credit history? Building credit history involves ...
A credit score is a three-digit number that rates your creditworthiness. FICO scores range from 300 to 850. The higher the score, the more likely you will get approved for loans and better rates.1 A credit score is based on your credit history, which includes information like the number ...
Credit limitA credit limit is the spending limit on a credit card. For people with limited or no credit history, your initial credit limit may only be a few hundred dollars. For veteran cardholders, credit limits can be much higher — often into the thousands of dollars. ...
credit history is a record of how you’ve managed your finances in the past. lenders typically review this information before extending a line of credit, such as a credit card or loan. your credit history can influence your financial life, so taking steps to establish a positive history can...