
stock margin accounts and credit ratings?
does having a margin account raise your credit score if you use the margin responsibly, and vice versa if you abuse it
Public Comments
- Brokerages do not typically report to credit rating services. And what would constitute abuse? It's almost impossible to default, since the brokerage will just liquidate your holdings to keep your margin debt within the regulation limits.
- It is unlikely that your usage would ever be reported to a credit bureau unless you lost everything, still owed a debt and were unable to pay within three days as required by law.
- Hi, No, investments have got nothing to do with your credit score. You can visit http://stocksguide.checkouttoday.info for some useful tips and info related to your query. Good luck!
Powered by Yahoo! Answers