Credit reference agency


 

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Credit reference agency

When assessing your application, a mortgage lender will study your records. These records are held centrally by credit reference agencies, and contain information for many different aspects of your life.

Credit reference agency

An agency which holds information about the credit reliability of consumers and makes the information available at a fee to companies offering credit terms (e.g. credit card companies, mail order companies).



Similar Matches

Homothetic preferences

Homothetic preferences

Together with identical preferences, this assumption is used for many propositions in trade theory, in order to assure that consumers with different incomes but facing the same prices will demand goods in the same proportions.


Cumulative preference shares

Cumulative preference shares

When a company fails to pay a dividend, holders of cumulative preference shares are entitled to receive this missed payment when a dividend is next declared. This rule is cumulative and they are also entitled to the current dividend provided sufficient cash is available. These payments receive priority over the claims of ordinary shareholders.


Liquidity preference hypothesis

Liquidity preference hypothesis

The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates.


Tariff preference

Tariff preference

A lower (or zero) tariff on a product from one country than is applied to imports from most countries. This violation of the MFN principle is permitted in special cases, including some preferential trade arrangements and the GSP.


Generalized System of Preferences

Generalized System of Preferences

Tariff preferences for developing countries, by which developed countries let certain manufactured and semi-manufactured imports from developing countries enter at lower tariffs than the same products from developed countries.


Further Suggestions

Weak axiom of revealed preference
Reference rate
redeemable preference shares
participating preference shares
trade reference
Preference for variety
Reference price
banker's reference
Revealed preference
Identical preferences
Preferences
Mortgage reference fee
Community preferences
Loan Preference Principle
Preference stock
preference shares
accounting reference date
Tax preference item
stepped preference shares
Involuntary liquidation preference
Preference share


 
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