Basic of credit
Means you should have good credit so you can get a car house.
● What are the forms of credit?
loan & credit card.
● What costs are associated with credit? house, car,
● What determines if someone gets credit and how much they get? on how much money you get how much debit you have basically.
- When you have good Credit you are able to make loans.
- Is what you pay to get Credit Score so you are able to make loans.
- Credit Bureau is all all the records of consumers transactions.
- A consumer Credit Report has all the information and credit score.
- When a consumers bureau checks the Creditworthiness of their credit.
- The consumer has to have high Interest for good credit.
- Some lenders will only lend up to ten times the annual rental income.
- You must have the all the balances to pay to use your Credit Cards.
- When you make Personal Loans you eventually have to pay back.