Not exact matches
Experts say they're not aware of big
banks and credit card companies that are using online data to
determine who to lend to??? yet.
Your
credit score reflects how reliable you are as a borrower,
and is
determined by your track record of borrowing
and repaying
banks,
credit card companies and other lenders.
Credit card companies, lenders,
banks, landlords,
and employers use this to help
determine what terms they will offer you.
Banks,
credit unions, other financial institutions
and even some
credit card companies use a ChexSystems score to help
determine whether they should extend a
bank account or
credit to you.
Potential
banks, lenders, financial institutions
and credit card companies use your ChexSystems report
and score to see how you managed past
credit obligations;
and, if they are able to extend
credit to you, the ChexSystems report
and score help to
determine the
credit terms.
Banks and credit card companies perform
credit checks that
determine the interest rates
and terms.
These
credit reports are used by
banks,
card companies and other lenders to assess the quality of a person's
credit worthiness
and help
determine whether to grant them a loan.