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How does a lender use a credit card?
A lender can use a credit card in various different ways. They lender can issue the credit card and make money from the interest. The lender can also take credit card payments from the borrower.
How do companies use Fair Isaac to determine if you get credit?
Fair Isaac (FICO) provides a mathematical risk score that lenders use to determine creditworthiness in a snapshot. Score alone does not assure credit will be issued. For example, someone with a high credit score but a childsupport judgment may not be granted a loan. Lenders use the score in two ways: 1) To "tier" you or categorize you in relation to their policies regarding the minimum score you must have to obtain a given loan type. Different lenders view this in different ways. Lender A might say scores above 750 are excellent and scores below 670 are not acceptable. Lender B might say scores above 720 are excellent and scores below 650 are not acceptable. 2) To "price" you or use your score category to determine the interest rate or fees you will pay, or cap the amount of money you may be granted.
Where can one do a credit history check?
There are several ways to find out your credit report online you can use credit report for free with a 7 day trail or you can go to annual credit report you can recieve that once a year for free.
How to increase a low credit score.?
One of the best ways to raise your credit score would be to get a credit card, use it for some of your usual purchases, and then pay it off. For instance, if you apply for a credit card, use it to buy groceries or gas, and then pay it on time you will see a pretty quick improvement in your credit score.
How do you get a visa credit card?
There are various ways to acquire a Visa credit card. One can use their checking accounts and have their ATM card double as a Visa credit card. Another way is to apply to banks a revolving credit line.
How can you use unacceptable in a sentence?
Well, unacceptable means not acceptable, so you can use it in the sentence,"You only finished half of your homework; this is unacceptable."
What are the acceptable and unacceptable professional practices found in the computer industry?
The acceptable way to use computers is by using them and their software legally and the correct way. The unacceptable way is by using them for illegal purposes.
What is an acceptable method of determining inventory cost under GAAP?
One can use FIFO, LIFO, or Average Costing as acceptable methods for accounting. Standard costing would be an unacceptable answer.
What are the 3 benefits of using credit?
there aren't and good ways to use credit
What is the prefix of acceptable?
Unaccept, though it is a prefix and the opposite of accept, appears not to be an accepted English word. Unaccepting, unaccesptable, are proper words, but need the added suffix to qualify. There seems to be a discussion on the internet about whether, and in what context, unaccept is acceptable. I advice not to use the word unaccept!
Which three statements accurately describe a security policy?
It creates a basis for legal action if necessary It defines a process for managing security violations. It defines acceptable and unacceptable use of network resources.
Which three statements accurately describe attributes of a security policy?
It creates a basis for legal action if necessary It defines a process for managing security violations It defines acceptable and unacceptable use of network resources
How do you use the word unacceptable in a sentence?
"The fistfight at the school board meeting was unacceptable behavior by public officials." "His essay was found to be unacceptable, and he had to rewrite it." "Adding nonsense answers to WikiAnswers is an unacceptable practice."
How do you spell calorie?
There are two ways to spell this, both acceptable. Calory is the singular form, but we also can use calorie.
How does a lender use a credit card?
A lender can use a credit card in various different ways. They lender can issue the credit card and make money from the interest. The lender can also take credit card payments from the borrower.
What are some easy ways to protect a credit card account?
Some easy ways to protect a credit card account are: to protect your Personal Identification Number (PIN) and security code, never use your credit card on unsecured websites.
How do companies use Fair Isaac to determine if you get credit?
Fair Isaac (FICO) provides a mathematical risk score that lenders use to determine creditworthiness in a snapshot. Score alone does not assure credit will be issued. For example, someone with a high credit score but a childsupport judgment may not be granted a loan. Lenders use the score in two ways: 1) To "tier" you or categorize you in relation to their policies regarding the minimum score you must have to obtain a given loan type. Different lenders view this in different ways. Lender A might say scores above 750 are excellent and scores below 670 are not acceptable. Lender B might say scores above 720 are excellent and scores below 650 are not acceptable. 2) To "price" you or use your score category to determine the interest rate or fees you will pay, or cap the amount of money you may be granted.
