>> I've seen some of the other posts
>>talking about credit history, but really, as long as you have pretty much
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>Yes, but unless there's some way to check that history you're in the
>same boat as earlier described.
But they can check credit history in numerous ways. IOW, even if
you've never had a mortgage or owned a car, it's relatively easy in
this day and age to determine whether or not you're a good credit
risk, assuming you've had a few forms of credit of some type.
>That's why credit bureaus keep credit
>histories for people in the areas where they wish to add a credit
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>that you put down a substantial deposit or may even do "smart access."
>A lot of it depends on the individual trying to obtain service.
Basically, credit information is just segregated by revolving and
non-revolving debt. I've yet to see any report from Equifax, Experian
or any other that goes into more detail than that.
Joseph - 19 Nov 2004 06:28 GMT
>But they can check credit history in numerous ways. IOW, even if
>you've never had a mortgage or owned a car, it's relatively easy in
>this day and age to determine whether or not you're a good credit
>risk, assuming you've had a few forms of credit of some type.
It may be easy, but each company will determine what it requires to
extend credit to you (the particular you in this case.) Some people
may have no problem while others indeed may. You cannot make a
blanket statement about who will and who won't qualify.
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Cyrus Afzali - 19 Nov 2004 13:56 GMT
>>But they can check credit history in numerous ways. IOW, even if
>>you've never had a mortgage or owned a car, it's relatively easy in
[quoted text clipped - 5 lines]
>may have no problem while others indeed may. You cannot make a
>blanket statement about who will and who won't qualify.
But that's not the issue I was responding to. You said:
>unless there's some way to check that history you're in the
>same boat as earlier described.
And I'm saying that there are numerous ways to check history. Whether
or not they're willing to extend you credit is another matter
entirely, and everyone has their requirements for that. But the fact
remains, as long as you've had some type of credit, there's a way to
check it through a report from one of the big 3 agencies.
The problem more are likely to find is that there is something on
their report that they don't know about -- especially if they've
tended to live "on the fringe" as far as spending.