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Credit checks |
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Credit checksThese are checks made when you try to borrow money or purchase goods on hire purchase, and are used to determine the risk of lending you money. They will examine your credit history and check for payment defaults and what you owe to other financial organisation. A credit agency is often used.Credit checks Similar MatchesEquity Line Of CreditEquity Line Of CreditA combination of a line of credit and equity loan. A maximum loan amount is established based on credit and equity. A mortgage (deed of trust) is recorded against the potential borrower's property for said maximum loan amount. The potential borrower has the right to borrow, as needed, up to the amount of the mortgage. Transferable letter of creditTransferable letter of creditDocument that allows the first beneficiary on a standby bank assurance of funds to transfer all or part of the original letter of credit to a third party. CreditworthinessCreditworthinessEligibility of an individual or firm to borrow money. CreditorsCreditorsPeople or companies who are owed money by debtors. Export creditExport creditA loan to the buyer of an export, extended by the exporting firm when shipping the good prior to payment, or by a facility of the exporting country's government. In the latter case, by setting a low interest rate on such loans, a country can indirectly subsidize exports. Further SuggestionsCredit analysisCredit Retail credit Nonaccredited investor Federal Farm Credit System Credit spread Federal credit agencies Backup Line of Credit Crediting rate Federal Intermediate Credit Bank Revolving line of credit Consumer Credit Protection Act of 1968 Financial institution buyer credit policy Commercial letters of credit Federal Farm Credit Bank Foreign tax credit credit reference agency Comparative credit analysis Close end credit credit clearing Unified tax credit Accredited investor Unconfirmed Letter of Credit Full faith and credit obligations Trade credit |
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