Cryptocurrency Q&A
What do credit card companies look for when checking your credit rating?
What do credit card companies look for when checking your credit rating?
Valentina
Wed Jan 08 2025
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6 answers
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I want to know what factors credit card companies consider when they assess my credit rating. What are the specific criteria or indicators they look for to determine my creditworthiness?
6 answers
EthereumEagleGuard
Fri Jan 10 2025
Applying for a credit card or a line of credit involves a crucial step for the card issuer or lender.
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KpopStarletShineBrightness
Fri Jan 10 2025
They will conduct a thorough review of your credit history to assess your financial behavior.
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CryptoElite
Fri Jan 10 2025
Specifically, they will look into how recently you have applied for credit and how frequently you engage in such activities.
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SamuraiBrave
Thu Jan 09 2025
This process is referred to as a hard inquiry, which is a standard procedure in the credit assessment process.
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Isabella
Thu Jan 09 2025
A hard inquiry will be recorded on your credit report, serving as a reference for future credit applications.
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