Find my credit score

Creditors will measure and find my credit rating, which is based on three main things.    1. Capacity    2. Bail    3. Nature Three "C" to show your creditors:     * "Capacity" or income to pay debt     * "Pledge" or assets to secure commitments     * "Character" shows your compliance to repay debt 1. Capacity The first question is whether you have sufficient income to repay debt. Lenders, of course, to check if your income exceeds your expenses so that you CA is convenient to pay your debt. The lender would want to know:     * Your income - from all sources     * Your fixed expenses     * Your other debts The amount remaining from your total net income after deducting your fixed monthly expenses and other debts, your potential. If your net income is $ 3000 per month and your total accommodation costs $ 2.500, the amount of your credit capacity, which requires no more than $ 500 in monthly payments. If you are currently paying $ 400 a month for other credit obligations, then your remaining capacity of $ 100 per month, and the lender must extend to you that the loan amount. There are three methods that allow you to increase your income:     * Increase your income     * Reduce costs (easier to make than the first)     * Reduce your other debts

 

< Prev		Next >