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Credit reference

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Whether the credit reference is a good one depends on if the payments have been made on time or not. The credit limit and payment history in the credit references give other potential creditors an idea on whether an individual will make payments on time or default. Credit references also determine
187:. Your credit references show as credit tradelines on your credit reports. Whats known as credit tradelines is also known as credit references. 125:
is information, the name of an individual, or the name of an organization that can provide details about an individual's past track record with
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A good credit score is typically a score of 700 and above but, creditors do have their own underwriting guidelines.
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Individuals and companies can carry out credit checks on businesses in order to assess their credit worthiness
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Organisation that provides an indivitual's past credential record
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of lending to a given applicant or to determine overall
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Credit references are used to help lenders quantify the
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Other letters of credit reference might be written by
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Index


verification
improve this article
adding citations to reliable sources
"Credit reference"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
credit
Credit rating agencies
companies
credit bureaus
individuals
banks
account
overdrafts
risk
creditworthiness
obligations
loan
"Four Companies That Need a Credit Check"
HuffPost
"How to Fix My Credit Score Myself"
Credit
Credit risk
Consumer credit risk
Default (finance)

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