The phrase "insufficient credit history" refers to a lack of information about an individual's or entity's borrowing and repayment behavior. Full definition
First - time auto loans are another option for people with insufficient credit history. (growingfamilybenefits.com)
As in 2013, insufficient collateral remained the most common reason cited for denying conventional purchase mortgage applications in Detroit last year, followed at a distance by insufficient credit history and too - high debt - to - income ratios (figure 7). (zillow.com)
A minimum FICO score of 620 (although they do accept borrowers with insufficient credit history to produce a FICO score) (magnifymoney.com)