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How can buying a new car be possible for someone with bad credit ratings?
Wiki User
∙ 10y ago
Buying a new car is certainly possible for someone with bad credit, but it is slightly more troublesome. When one goes to finance a car one may have to pay a higher interest rate in order to finance.
Wiki User
∙ 10y ago
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What is buying by credit?
This is the process of buying goods without instant payment.
When should someone open their first credit card?
In my opinion, as soon as possible as length of credit history is a key factor in credit ratings. But if you're going to misuse the credit (run up large balances, default on monthly payments) then don't do it. Bad credit is harder to fix than no credit.
What is meant by buying on credit?
An item that has been entrusted to someone who will pay for it later
Buying on credit?
Buying on credit is also called Buying on Margin
Is it possible to find out if someone is bankruptcy?
Only when pulling their credit report.
1920 buying on credit was called buying on?
Buying on Margin
Can a car repo prevent from buying a house?
Any repossession negatively affects your credit rating. Negatively affected credit ratings will affect your ability to obtain loans, typically in a negative way.
When would one need credit card details on the Apple website?
Someone would need to provide credit card details on the Apple website when they are buying a product off of their site. They would also need to provide credit card details when they are buying mobile applications.
How would someone check their credit in California?
No matter what state you live in, once a year you are allowed to check your credit report for free. You can do this at Annual Credit Report. You will get credit ratings from three of the top companies.
What is another name for buying on credit?
buying on margin
What is buying stock on credit called?
Buying on margin.
How is a credit rating scored for a person with loans?
Credit ratings are scored according to a person's previous repayment history. So if someone has previously made all their repayments on time, their credit score will be higher than that of someone who has consistently defaulted on payments.
