That is a true statement, particularly if you are in accounting, working for a bank or other financial institution. Your credit rating really does indicate how well you follow up and handle your affairs.
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Probably Cant. Lending institutions are in it to make money by lending money if you have no job you have no income. One of the first thing they request for a loan is pay stub, Without a job your to risky to the bank and they are going to laugh you out the door.
Unfortunately, every time your credit rating is "pulled", you take a ding to your credit rating. It's not a big ding, but a ding nonetheless.When you apply for a mortgage, there are several things that the bank looks at, including your debt-to-income ratio (how much you owe vs. how much you make), your past payment history, and other things that reduce their risk, such as how much money you have to put down on the property, how long you've been at your job, and so forth.So, the process of getting rejected for a mortgage doesn't directly affect your credit rating, but pulling a credit report shows up on your credit report. Go figure.
what happens if i voluntarily return my car to the bank due to job loss
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That is a true statement, particularly if you are in accounting, working for a bank or other financial institution. Your credit rating really does indicate how well you follow up and handle your affairs.
true
Probably Cant. Lending institutions are in it to make money by lending money if you have no job you have no income. One of the first thing they request for a loan is pay stub, Without a job your to risky to the bank and they are going to laugh you out the door.
The requirements for bank positions vary, depending upon the job. Most employees begin as bank tellers, handling money and performing various customer service duties. Bank tellers should have a good credit rating, several good references, and light computer experience. Previous employment experience is also desired.
Unfortunately, every time your credit rating is "pulled", you take a ding to your credit rating. It's not a big ding, but a ding nonetheless.When you apply for a mortgage, there are several things that the bank looks at, including your debt-to-income ratio (how much you owe vs. how much you make), your past payment history, and other things that reduce their risk, such as how much money you have to put down on the property, how long you've been at your job, and so forth.So, the process of getting rejected for a mortgage doesn't directly affect your credit rating, but pulling a credit report shows up on your credit report. Go figure.
Start a non profit business
what happens if i voluntarily return my car to the bank due to job loss
No a bank wont give you a loan if you have have bad credit. If you loan someone money that means that they have some kind of credibility of giving it back but maybe you can work something out if you have a job.
I cannot answer that question unless I know you're credit rating etc. There are also many other factors like state of purchase etc. So get in touch with your bank, and ask them. They would definitely do a good job
Your credit rating information and job status are required for getting any kind of loan in the present world. If you have good credit score and stable income, you will get loan immediately.
There are many options of getting credit advice. There are many websites as well as people who do that primarily as a job. A website with helpful information is http://money.msn.com/credit-rating/9-fast-fixes-for-your-credit-scores-weston.aspx.