25:
299:
190:
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
336:
89:
61:
68:
108:
42:
194:
A good credit score is typically a score of 700 and above but, creditors do have their own underwriting guidelines.
75:
163:
Individuals and companies can carry out credit checks on businesses in order to assess their credit worthiness
46:
57:
211:
329:
134:
355:
179:. For example, if an applicant's credit history indicates proper, timely payments on all outstanding
183:, a lender may judge it more likely that the applicant will make timely payments on the requested
35:
365:
130:
82:
322:
360:
269:
142:
310:
8:
232:
274:
259:
176:
126:
153:
152:, which would provide basic information about how long the applicant has held an
306:
349:
138:
284:
264:
180:
172:
279:
157:
24:
216:
16:
Organisation that provides an indivitual's past credential record
298:
184:
149:
156:, what type of account it was, and whether there were any
175:
of lending to a given applicant or to determine overall
171:
Credit references are used to help lenders quantify the
148:
Other letters of credit reference might be written by
49:. Unsourced material may be challenged and removed.
166:
347:
330:
337:
323:
212:"Four Companies That Need a Credit Check"
109:Learn how and when to remove this message
348:
230:
293:
47:adding citations to reliable sources
18:
233:"How to Fix My Credit Score Myself"
13:
305:This finance-related article is a
191:if an individual's credit score.
14:
377:
297:
23:
34:needs additional citations for
224:
204:
167:How credit references are used
141:provide credit references for
133:provide credit references for
1:
197:
309:. You can help Knowledge by
231:Morgan, Chris (2021-07-01).
7:
253:
10:
382:
292:
160:or late payments noted.
131:Credit rating agencies
270:Consumer credit risk
43:improve this article
220:. 24 October 2012.
58:"Credit reference"
318:
317:
275:Default (finance)
119:
118:
111:
93:
373:
356:Personal finance
339:
332:
325:
301:
294:
247:
246:
244:
243:
237:Credit Help Info
228:
222:
221:
208:
177:creditworthiness
123:credit reference
114:
107:
103:
100:
94:
92:
51:
27:
19:
381:
380:
376:
375:
374:
372:
371:
370:
346:
345:
344:
343:
290:
256:
251:
250:
241:
239:
229:
225:
210:
209:
205:
200:
169:
115:
104:
98:
95:
52:
50:
40:
28:
17:
12:
11:
5:
379:
369:
368:
363:
358:
342:
341:
334:
327:
319:
316:
315:
302:
288:
287:
282:
277:
272:
267:
262:
255:
252:
249:
248:
223:
202:
201:
199:
196:
168:
165:
139:credit bureaus
117:
116:
31:
29:
22:
15:
9:
6:
4:
3:
2:
378:
367:
366:Finance stubs
364:
362:
359:
357:
354:
353:
351:
340:
335:
333:
328:
326:
321:
320:
314:
312:
308:
303:
300:
296:
295:
291:
286:
283:
281:
278:
276:
273:
271:
268:
266:
263:
261:
258:
257:
238:
234:
227:
219:
218:
213:
207:
203:
195:
192:
188:
186:
182:
178:
174:
164:
161:
159:
155:
151:
146:
144:
140:
136:
132:
128:
124:
113:
110:
102:
99:February 2013
91:
88:
84:
81:
77:
74:
70:
67:
63:
60: –
59:
55:
54:Find sources:
48:
44:
38:
37:
32:This article
30:
26:
21:
20:
311:expanding it
304:
289:
285:Credit score
240:. Retrieved
236:
226:
215:
206:
193:
189:
170:
162:
147:
122:
120:
105:
96:
86:
79:
72:
65:
53:
41:Please help
36:verification
33:
361:Credit risk
265:Credit risk
181:obligations
143:individuals
350:Categories
242:2021-09-03
198:References
158:overdrafts
69:newspapers
280:Reference
135:companies
254:See also
217:HuffPost
154:account
83:scholar
260:Credit
137:while
127:credit
85:
78:
71:
64:
56:
150:banks
90:JSTOR
76:books
307:stub
185:loan
173:risk
62:news
45:by
352::
235:.
214:.
145:.
129:.
121:A
338:e
331:t
324:v
313:.
245:.
112:)
106:(
101:)
97:(
87:·
80:·
73:·
66:·
39:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.