English term
Credit
I found it when I read this page:
https://blog.credit.com/2015/09/how-often-can-i-apply-for-ne...
How Much Is Too Much?
Since I have a long credit history, opening up one or two credit card accounts in a three-month period will have a small effect on my score that is easily manageable, so long as I am not applying for other forms of credit at the same time. How does that work? It’s important to remember that your applications for new credit make up only 10% of your credit score, which is a relatively small portion compared to your payment history (35%), and your amounts owed (30%). So as I like to say and do: Pay all your bills on time, and carry very little debt, and it will be very hard not to have excellent credit.
5 +4 | see explanation | Mark Robertson |
5 +4 | loans | philgoddard |
5 +1 | credit score | Marco Belcastro Bara |
Jun 6, 2019 13:42: Susan Welsh changed "Level" from "PRO" to "Non-PRO"
PRO (1): Marco Belcastro Bara
Non-PRO (3): Yvonne Gallagher, Rachel Fell, Susan Welsh
When entering new questions, KudoZ askers are given an opportunity* to classify the difficulty of their questions as 'easy' or 'pro'. If you feel a question marked 'easy' should actually be marked 'pro', and if you have earned more than 20 KudoZ points, you can click the "Vote PRO" button to recommend that change.
How to tell the difference between "easy" and "pro" questions:
An easy question is one that any bilingual person would be able to answer correctly. (Or in the case of monolingual questions, an easy question is one that any native speaker of the language would be able to answer correctly.)
A pro question is anything else... in other words, any question that requires knowledge or skills that are specialized (even slightly).
Another way to think of the difficulty levels is this: an easy question is one that deals with everyday conversation. A pro question is anything else.
When deciding between easy and pro, err on the side of pro. Most questions will be pro.
* Note: non-member askers are not given the option of entering 'pro' questions; the only way for their questions to be classified as 'pro' is for a ProZ.com member or members to re-classify it.
Responses
see explanation
1) "your applications for new CREDIT" = loans
2) "it will be very hard not to have excellent CREDIT" = credit score
credit score
nature)
neutral |
Tony M
: Although this text is talking all about 'credit score', that's not actually the meaning given to 'credit' here — neither is it terribly helpful to Asker to use the same word to explain it!
2 hrs
|
The answer makes perfect sense because it takes a SCORE to determine an individual's ability to obtain Loans/Cards/Credit in the USA. The word CREDIT in a new application refers to historical scores. Hence my answer.
|
|
disagree |
Yvonne Gallagher
: "application for new credit" does NOT mean credit score (in any jurisdiction)and with Tony re using the same term in explanation//I suggest you read the sentence in question several times as you haven't understoood the English
4 hrs
|
I'm AMERICAN born and raised. English is my 1st and only language. I'm Marco's wife and helping him. I also have a license to practice Loans in CA so I can definitely say I'm 100% qualified and completely understand the original question and context.
|
|
agree |
Liane Lazoski
5 hrs
|
Thank You :)
|
|
agree |
Charlesp
11 hrs
|
Thank you :)
|
loans
http://www.merriam-webster.com/dictionary/credit
agree |
Tony M
49 mins
|
agree |
Jennifer Caisley
1 hr
|
agree |
Charlesp
9 hrs
|
agree |
Yvonne Gallagher
1 day 4 hrs
|
Something went wrong...