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A female creditor. … [Read more...] about CREDITRIX

common law, contracts. The ability to borrow, on the opinion conceived by the lender that he will be repaid. This definition includes the effect and the immediate cause of credit. The debt due in consequence of such a contract is also called a credit; as, administrator of an the goods, chattels, effects and credits 2. The time extended for the payment of goods sold, is also … [Read more...] about CREDIT

There are three major credit bureaus, Equifax, Experian and Trans Union, regulated by the federal Fair Credit Reporting Act, that collect and sell information about the credit history of people and entities. The credit reports are used by banks and credit card companies (and others in the practice of lending) to screen applications for reliability and ability to pay debts. … [Read more...] about CREDIT BUREAU

The ability to pay outstanding debts outside of a bankruptcy proceeding and where an counselor assists the debtor with credit and financial management. Bankruptcy laws now require a debtor to undergo credit counseling with an approved counselor prior to filing for bankruptcy. … [Read more...] about CREDIT COUNSELING

See credit report … [Read more...] about CREDIT FILE