You might have responded to one or more credit card offers several years ago, but have not opened up any other
types of borrowing accounts.
Not exact matches
Student loans count against your debt - to - income ratio when you complete an application for many different
types of new
borrowing accounts.
You've never had a credit card, taken out a car loan, mortgage or
borrowed money for college, or repaid a balance on any
type of credit - based
account.
A margin
account is a
type of brokerage
account that allows a client to buy securities by
borrowing a portion
of the purchase amount from the dealer.
A record
of your previous
borrowing behaviour including the number and
type of credit
accounts opened, amounts
borrowed and owed, late payments and any bankruptcies.
Your credit score is based on several different factors including: how timely you pay your bills, how much you've
borrowed, how long you've had credit, the
types of credit
accounts you have, and whether you've recently applied for credit.
It combines a death benefit with a
type of savings
account that can build a cash value, from which you may be able to
borrow or even withdraw money, depending on the
type of account.
This
type of account usually has larger premiums, but you are allowed to
borrow against your policy if needed and you can cancel it at anytime.
Some Tap Retirement
Accounts Moffitt says some move - up buyers
borrow from their retirement
accounts for their down payment and then repay the loan as soon as their house sells, although he warns that borrowers need to carefully review the rules about that
type of transaction.