Q- Jim, what is a Credit Report?
A…Credit Tips…2- How your credit history is described; Credit agencies rate you 1 to 9 (1 you pay your bills with in 30 days, 9 you never pay your bills). A letter also appears – “I” means you have Credit on Installment basis – “O” Open Credit, buy now pay later plans, line of credit, student loans – “R” Revolving Credit, credit cards, etc. Payment charts indicate # of times you paid your bills, 30, 60, 90 days after date due. ..(next week Tip, on Credit Score) .
Ask the Expert
No comments:
Post a Comment