Quote:
Originally Posted by jeffny09
lol how is my cc score gonna tell u i can pay for it!
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Well, your credit report has a good deal of information in it. From that, they can generally tell how much debt you are carrying. If they have your annual salary they can determine your debt-to-equity ratio and from that they can tell how much they think you can afford. Now, that doesn't mean you don't owe more than shows up on your credit report or that you might not pay for it even if you could. Just a guideline for the lender, that's all.