Tuesday, October 26, 2010

Leasing and your credit score.

Your credit score is part of the leasing decision. When you apply for a

lease, your lease company will typically look at your credit score to

decide whether you to approve the application.



The leasing contract stipulates that you make regular, monthly payments

over your lease term. The credit score you lease company requests

identifies how likely you are to make such payments. It is simply a number

calculated according to a model that takes into account your payment

history, any amounts you owe and credit currently in use.



It is very important to keep a good

Auto Insurance, car insurance, sports car insurance, yacht insurance, helicopter insurance

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