opened a line of credit at a jewelry store, but have not used it. I have no clue about credit never needed to learn. until i moved out. Im 18 and went from daddy%26#039;s little girl to workinf and going to school full time. =[ pleaase help!
Does anyone know if you keep running credit checks, and you have no line of credit if itll affect ur credit?
Some one running a credit check on you could cause your credit score to drop.
The old saying- pay everything on time is a good credit idea.
Does anyone know if you keep running credit checks, and you have no line of credit if itll affect ur credit?
The only time credit checks are carried out is when you apply for a loan etc. Business credit checks are different from individual credit checks.
So in this instance if the credit line is link with the business, there is nothing for you to worry.
There are articles which will help you, Check them out
Does anyone know if you keep running credit checks, and you have no line of credit if itll affect ur credit?
If it is personal credit, pl have debit card system. For business purpose credit check may be OK.
Does anyone know if you keep running credit checks, and you have no line of credit if itll affect ur credit?
MANY factors go into your credit worthiness. If you frequently run credit checks and have no credit line: it might look to other people who see your credit report - like you have been denied... which is why your record shows %26quot;an inquiry%26quot; but no account%26#039;s being opened or credit extended. Be careful. Frequent credit checks to your record can give you a negative rating even if you have no credit lines open at that time of the record check. You should build up a credit history NOW as you are just starting out on your own and in the future you will need a good credit history: not just to borrow money. But for a good job, to get a good car, a good house, to get any insurance (be it car, life, or home) and money in an emergency.
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