What does a company typically require of a customer without a credit history?

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2026-04-19 07:40

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A company typically requires a customer without a credit history to provide alternative forms of identification, such as a government-issued ID or Social Security number. They may also ask for proof of income, such as pay stubs or bank statements, to evaluate the customer's ability to make payments. Additionally, a security deposit or advance payment might be requested to mitigate risk.

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