how can cradit lead to good or bad situation
Answers
Answered by
2
Explanation:
The following are some of the leading factors that lead credit bureaus like CIBIL TransUnion, Equifax India and others to give you a bad credit score.
Frequent Defaults or Late Repayments of Debt. ...
High Credit Card Utilisation Rate. ...
High percentage of unsecured loans. ...
Too many credit enquiries.
Answered by
0
Answer:
What makes credit bad?
A person is considered to have bad credit if they have a history of not paying their bills on time or owe too much money. Bad credit is often reflected as a low credit score, typically under 580 on a scale of 300 to 850. People with bad credit will find it harder to get a loan or obtain a credit card.
Explanation:
plz mark me as brainliest answer
and follow me plzzzzzzzzzzzzzzz
Similar questions