The credit reference form is requesting balance open, current, over 30 days, over 60 days, over 90 days. I don't get the difference between balance open and current|||The balance when you opened the account, current is how much balance do you have now.|||For them Current Balance is the amount that is between 0 and 30 days old. Balance open would be the sum of the Current, 30 Days, 60 Days, 90+ days...
Example:
Current: $100
31-60: $50
61-90: $25
91+: $250
So the Current would be $100, the balance open would be $425. When these numbers are close they would be considered a better credit risk(because it means they pay their bill when due), than if the numbers were very far apart.
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