Question by .:*Lil Mz SunShin3*:.: I just placed an order for a Verizon wireless phone, got an email regarding Credit Hold Reason, what happened? I placed an order online, which my grandfather will be paying for, I used my email because he doesn't have one. Got an email couple of minutes later regarding "Credit Hold Reason: Our Credit Review Department has requested further information from you." What does this mean, is my order messed up? It didn't ask me for any credit card numbers, because the phones were free online. Best answer for I just placed an order for a Verizon wireless phone, got an email regarding Credit Hold Reason, what happened?:
Answer by ddominic
Usually when there is a hold on your order it has to do with a credit background check that Verizon always do when there is a new order. In this case the credit check came back probably a low score and so they would need more information on the person who wants to activate services. They will not shipped out your order until all this is resolved. With a low credit score perhaps, they will ask for a deposit amount before hand.
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A person with poor credit standing is usually treated as down market person. He does not get much respect in the financial market. Financial markets respect only those whose financial reputation is very good. Therefore a bad creditor cannot even make much investment in the market. This matters a lot for such . To make such borrowers restand with a good financial reputation the economic market offers them a helping hand in the form of loans. Such finances are particularly crafted for with bad credit standing. The source through which such get backing is termed as Loans for Bad Credit .
This is the best advance which will offer cash for the bad credit scorers. There is no credit standing of the borrowers taken into consideration. One gets the aid of this money without proving his financial standing. This loan gets accessed to the borrower in two forms. The first form is Secured Form and the second form is Unsecured Form. A person who selects for secured loans for bad credit he will be asked to keep some security against the loan money. In this type collateral is a necessity. Without collateral one cannot take away the fund. When a person applies for unsecured loans for bad credit he can avail cash without providing any collateral. Therefore in this type of advance security is not a necessity.
Such classification of the loan is made only for the welfare of the individual. Therefore a person who cannot afford to pledge assets can even gain money without any trouble. As the lender deals with the bad credit rankers to protect him from fraud he charges high rates of interest on these loans. The candidate gets a quite huge amount in this loan. The term of repayment also expands up to a certain limit. But the borrower gets a longer term of repayment. One can easily return back the money without any trouble. One has paid back the money in reasonable installments. The rates of installments are very flexible. The individual has to make an online application for the loan. These money lenders provide application form on their websites.
The candidate has to search for their preferable money lender and must fill in the loan application form their lenders website. Once the form reaches the lender it goes under verification and only after that the money gets endorsed. This sum gets placed in to the bank account of the applicant on getting sanctioned.
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