Question

which of the following data is to determine credit scores?
a) who stays with you at your current residence
b) the location of your current residence
c) the length of the stay at your current residence.
help me please!

Answer 1

a

Answer 2

your sure?

Answer 3

as sure as the proper 'your' for that sentence was you're

Answer 4

thanks but who cares, nobody aint got time to correct words.

Answer 5

look at this page

http://www.experian.com/credit-education/life-events-faqs.html

it says


"Potential creditors review credit applications primarily in relation to risk. They try to predict whether you'll repay your debts on time by evaluating your character, capacity and collateral/capital.
Character: Your length of residency and employment help credit grantors develop a feeling of your personal stability"


So the longer you stay in one location, the more likely you have a stable job so you can pay off your bills, debt, etc. That leads to a higher score. If you're on the move a lot, then it might mean you cannot pay off rent or mortgage which makes you lose your residence and you have to find another place to live.

Answer 6

ok thank you

Answer 7

np