Good credit definition
Good credit means that you pay your bills on time and you repay your loans as promised. A good credit record will enable you to take out a loan if you want to buy a car or house or start a business someday. Many employers check credit reports, so good credit may even help you land your dream job one day.
Good credit means that you make your loan payments on time to repay the money you owe. If you have a good credit record, it will be easier to borrow money in the future.
Good credit means you:
Examples of Good credit in a sentence
Apt size Rental rates Minimum Income Maximum Occupants Studio/1 Bath From $850.00 From $30,600.00 2 1BR/1 Bath From $950.00 From $34,200.00 3 2BR/2 Bath From $1350.00 From $48,600.00 5 Credit: Good credit history.
By , the Buyer must give the Seller a letter from the lender confirming: Good credit status.
For traditional transactions, the requirements are: Good credit (680+); and 20% to 25% of the purchase price as the downpayment.