What i the purpose of a credit memorandum?
338192
To let you know the next time you pay an invoice, you can deduct the amount of the credit from what you're paying.
838239
You have several good answers here. All I want to add is that credit is a numbers game. The better you understand it, the better you can be at improving it and keeping it high. Here's a little more info that might help:\n\nhttp://financialbasics.blogspot.com/2006/11/credit-reports-and-credit-reporting.html\n\nEnjoy!
590543
I agree with Mockingbird... it's an initial gov't disclosure meant to show you your actual cost of credit.  \n\nThe goal is/was to show to consumers that financing has closing costs.  The TIL discloses your actual financing cost over the total term of the loan.
495638
It will help build a payment history.  Always be on time with your payments.  It's easier to destroy credit than fix it!!!  Then, start saving up and using cash!!!!  Credit cards are EVIL!!
415067
These programs do nothing to help your credit, it is actually the oppostie, regardless of what they try to tell you. What happens is this: You sign a contract for them to get your debtors to lower interest rates, then they decide on a lump sum you pay the credit "counseling" company, a part of which is a fee they take for this "sevice", then they divvy up that payment amoung all your creditors. You do NOT have only one creditor now! Then as long as it takes you to pay off these debts, which can be a long time, you continue to show late, non-payment, on all these accounts. They do not pay them off one by one slowly allowing you to demonstrate you are  paying them. they sit there as bad debts the entire time without much to show for all the hard work you are going to to pay off your debt. After, while it shows them as paid off, it also shows how long it took you and how long these creditors went without the money you owned them. This helps your credit very little. OH yeah one more thing, when you sign the contract you are agreeing to NOT apply for releaf under the bankrupsy law!! YOu sign away your right to do this untill these current debts are paid off!! If you fail to make your payments you also now have one more creditor that of the consumer credit counseling company you signed the contract with!! Do you know for sure what your income will be next year or the year after that or the year after that, etc?? Do you know for sure a tragic accedent or illness will not strike your familly? Do you know for certian you will continue to have your current health plan and for sure what your share of the medical bills will be? Listen if you don't know even one of these things FOR SURE then credit counseling is not for you. If you do know for sure then by all means go ahead and sign up. \n\nI highly reccomend you get online and begin looking this information up. Get information directly from a one of those so called non profit organizations and spend $100.00 at the most, often you can do this for free to speak with a bankrupsy attorney. Become fully informed, look at your situaltion, your future possible situations and then make a fuly informed decision which will be in YOUR and your families best interest. There is a lot of room in the small print section of the contact you sign with these "counseling" agencies. Where do you think they get their money from? You and others like you who sign up for services.
850717
It is a piece of software embedded in your phone's memory to store your private information to generally go about monetary transactions like your credit card numbers. It keeps such information secure and helps from misuse.
612613
Sometimes.\n\nYou should write a letter the the credit bureau and object to it being there.\n\nIn fact it is good to do that with all negative information, because if the posting company does not write back and oppose it being removed, the credit bureau has to remove it.
236525
First u need a credit report.  and it in there with ith the few pages. IT should be in the first second page of the report u can get one at www.freecreditreport.com good luck
1170492
hi there, welcome on board. \nIf you are willing to read up then there's a big chance you'll find an answer here somewhere:\nhttp://finance.ebookorama.com/\nhttp://credit-cards.ebookorama.com/\nI have had a few happy people coming back to me after posting the links so hopefully it'll do your trick!  if it does help you don't forget to give me best answer :-)
645471
I suppose you are talking about the Bankruptcy law.  But it carries repercussions for one's credit record to file bankruptcy.
48916
You didn't really ask a question, but it seems to me that you would do well to establish a better credit score. The link below gives a lot of good information on how to do that.
27964
Credit: What it is, why it's important, how to maintain good credit, protecting yourself from credit fraud, etc\n\nMaybe lump it into a big "Personal Finance" course encompassing checking, savings, retirement plans, doing your taxes, credit, rent, credit cards, student loans, car loans, etc etc.\n\n[edit]\n\nThese may seem like easy concepts to some people, but there are alot, and I do mean alot, of people out there who have no idea about these things.  Many companies exploit this ignorance to make big profits.
480309
Your local consumer credit counseling agency may be able to offer advice and possibly assistance.  \n\nI would try the one that is actually called CCCS rather than one that may advertise as credit counseling.  CCCS is non-profit and offers free advice.
1019777
According to the Fair Credit Reporting Act of 1993, a consumer credit bureau is required to provide one credit report annually free of charge to anyone who requests it.\n\nThus your first credit report is FREE if you mention this federal law.
174028
A credit score is a measure of how financially stable an individual is. It is based on numerous factors including employement history, income, real estate ownership, outstanding debt, debt payment history, etc. In essance, it is a measure used by lenders to determine the likehood that a loan will be repaid in a timely and orderly fashion. \n\nWhy should it be good? Basicall, the lower the credit score is, the less the lenders will believe that the loan will be paid off. As a result, they will charge higher interest and/or offer smaller loans to compensate for their increased risk.
1176007
Form a corporation.  Then apply for credit.
150763
Just like the entry above states, it's a way to identify the corresponding logo to the credit.  This helped identify counterfeits at the beginning.  \n\nCheck out the link below...