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Alison Dalton Profile and Articles
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1). Credit scores, credit history & credit qualifications... is it really that complicated?
Credit when used as a financial term, used in such terms as credit card, refers to the giving way of a loan and the formation of debt. Any movement of financial capital is in general quite reliant on credit, which in turn is dependent on the reputation or creditworthiness of the entity that takes responsibility for the funds. An identical treatment is in commercial trade, where credit is used to refer to the approval for overdue payments for goods purchased.
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