The credit rating of borrowers is sometimes defined through a letter grade of A to C (beyond C will not have credit available to them), where: A: Prime borrower - OK and better credit history - qualifies for reasonable rates B: OK Subprime borrower - limited or somewhat problematic credit history with no bankrupticies, foreclosures or credit judgments - qualifies for rates between 3% and 10% above traditional prime rates through specialty lenders and may have difficulties securing a mortgage or auto loan C: Not OK Subprime borrower - very limited or notably problematic credit history - qualifies for rates between 10% and 20% above traditional prime rates through non-traditional/specialty lenders and will not be able to obtain a mortgage or auto loan
ALL of these are false: A amount of debt is less than the income earned B after bankruptcy you can't get credit for 10 years C everything you own goes into bankruptcy
The three C's of credit rating are Capicity,collateral, and Character.
Capacity credit
The three C's of credit rating are Capicity,collateral, and Character.
Personel a/c : Debit the receiverCredit the giverReal a/c : What comes in DebitWhat goes out CreditNominal a/c : Debit all Loss and ExpensesCredit all Incomes and gains.
The major credit report bureaus, Equifax, Experian, and TransUnion use information from Fair Isaac Corporation to make up your credit score. FICO uses several factors to figure your credit score. They include payment history, your credit responsibility, length of credit history, whether you have new accounts or not, and the types of credit that you have. The major credit bureaus now use a credit score model call VantageScore that ranges from 501 to 990. The scoring also includes A, B,C, F as letter grades. The bureaus seek more consistency in reporting your credit history.
The credit rating of borrowers is sometimes defined through a letter grade of A to C (beyond C will not have credit available to them), where: A: Prime borrower - OK and better credit history - qualifies for reasonable rates B: OK Subprime borrower - limited or somewhat problematic credit history with no bankrupticies, foreclosures or credit judgments - qualifies for rates between 3% and 10% above traditional prime rates through specialty lenders and may have difficulties securing a mortgage or auto loan C: Not OK Subprime borrower - very limited or notably problematic credit history - qualifies for rates between 10% and 20% above traditional prime rates through non-traditional/specialty lenders and will not be able to obtain a mortgage or auto loan
ALL of these are false: A amount of debt is less than the income earned B after bankruptcy you can't get credit for 10 years C everything you own goes into bankruptcy
The three C's of credit rating are Capicity,collateral, and Character.
The three C's of credit rating are Capicity,collateral, and Character.
Capacity credit
The 3 C's of credit are character (credit history and reputation), capacity (financial ability to repay debt), and collateral (assets that can be used to secure a loan). Lenders use these factors to evaluate a borrower's creditworthiness when deciding whether to approve a loan.
language before c language is pascal
purchase a/c Dr To Customer Name (Being Credit Purchase to C ' Name Rs)
[Debit] Purchases[Credit] Accounts payable
entry for credit purchases isPurchases a/c drTo crediters a/c