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credit



Joined: 14 Jul 2010
credit's page
Posts: 1



17 Magic Points

Subject: i want to know
 
Posted on Wed Jul 14, 2010 10:10 am  

what is credait
Aaron

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2632



48565 Magic Points

Subject: credit
 
Posted on Wed Jul 14, 2010 11:50 am  

Hi,

Welcome to this community Smile

Credit is the money that you can borrow from a creditor or borrower. In regards to credit cards, credit is the credit card itself which you can use to shop around. You will have to make payments on the card within a stipulated time. In regards to loans, credit is the loan amount you will be getting.

Thanks,

Aaron
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sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
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Posts: 1883



1916 Magic Points

Subject: credit
 
Posted on Wed Jul 14, 2010 12:33 pm  

(Just a personal thought, here..) I think it's pathetic that the ONLY worthiness, that we have with banks, fianance companies, etc....is just a number score. I mean, there are several people who know me at 'my' local bank. They know I'm a very responsible person (etc). However.....when it comes to my score, THAT'S what they base my 'credit' on. They know I've come a 'long way' (bad marriage, getting fiancially settled, etc..). However...it's a piece of paper they base their decisions on!!
Aaron

Aaron

Joined: 08 Feb 2010
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Posts: 2632



48565 Magic Points

Subject: credit
 
Posted on Fri Jul 16, 2010 11:04 am  

Yeah. That's what it's like. Nothing can be done Sad
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