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To obtain a loan

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βˆ™ 7y ago
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Q: Which of these is made easier by maintaining a good credit history?
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Maintaining a good credit history makes it easier to do what?

Get a loan


Which of these makes it easier for a person to get a credit card?

A good credit history


What does a good credit history do for consumers?

It makes it easier for them to get loans.


Why is is important for people to maintain a good credit history?

So that they have an easier time getting loans and credit cards


Why is it important for people to maintain a good credit history?

So that they have an easier time getting loans and credit cards


What to include when explaining past credit history?

Description of reasonable obstacles to maintaining a good payment history (medical, job loss) and your interest in improving it.


What are some good credit indicators?

Credit History


Can you get a car loan with good credit but no credit history?

It's possible, yes.


What does a credit score mean?

Your credit is fairly good. Well, maybe about average. Credit scores over 620 means that you can get pretty much any loan or credit you want, with okay terms. Credit scores over 720 are gold. You can get the best interest rates.


How can you qualify for fast cash loans?

You can qualify for fast cash loans by making sure you have a good credit history. To check your credit history you can view sites such as "credit history expert".


Why does credit information remain on your credit report even though the account has been closed for years?

It's all part of your credit history..the good the bad and the ugly. I longer history is generally good.


How can a good credit history help you?

Having a good credit hisotry means if you want to open a line of credit, such as get a mortgage for example, the company will look on you more favourably than someone who has no credit history and hasn't proven they can handle the debts.