Since installment loans lenders consider criteria other than just your credit score when making lending decisions, that might mean that such people are more likely to qualify for this type of loan. (lendedu.com)
They do, however, use your credit score in making their lending decisions. (lendedu.com)
Banks make their lending decisions based on an individual's credit status to save them the trouble of trying to recoup after default. (mortgagebrokerstore.com)