Tag: cpntradelines

Open account have pre-approved credit limits that allow you to have an outstanding revolving balance at any given time. You must pay a low minimum balance before the due date. Transactions that exceed the pre-approved limit are generally declined and…

A credit review is an in-depth investigation that credit issuers conduct to evaluate a borrower's creditworthiness and ability to repay debt. A credit review may also refer to an annual credit review conducted by a credit issuer when the borrower…