Sentences with phrase «lenders accept the risks»

With no credit checks carried out, online lenders accept the risk, but to the benefit of those who need such foresight most.

Not exact matches

Lenders may accept an unusual level of risk because of the social good resulting from the use of the loan.

Lenders accept additional risk as the time horizon increases.

Non-bank lenders are more willing to accept risk, so the odds of getting funded are better than they would be at a bank.

For business loans not secured by collateral, like a merchant cash advance or peer to peer loan, lenders generally accept a higher risk in extending credit.

Lenders only accept high - risk borrowers when they have a strong sense that the person has the capacity and intention of paying all the money back with interest.

It is usually higher than that charged on secured loans, for the simple reason that the lender is accepting a greater risk of losing on the investment.

While online lenders are known for charging competitive rates, lenders will always compensate themselves for accepting the risk involved in lending to bad credit borrowers.

But, there are other aspects too, and traditional lenders are not always open to accepting the risk involved in lending to bad credit borrowers that have basically retired.

By ignoring the credit history of an applicant, it effectively means that the lender is accepting a high degree of risk.

Private lenders in Edmonton will accept a higher level of risk and they also charge a higher interest rate.

While traditional lenders are unlikely to grant a $ 20,000 unsecured loan with bad credit, there are online lenders and private lending firms that would be willing to accept the risk.

Obtain your credit reports and know how much you can «bring to the table» when making an offer: Providing a significant down payment reduces the seller / lender's risk, and can compel sellers to accept your purchase offer over others.

After all, the larger the sum the larger the risk the lender is accepting, especially when the loan is unsecured.

Most people who visited store front lenders for high risk personal loans had only their household furniture, appliances and clothing and that was accepted as collateral for a loan.

Why should you pay the lender interest and accept the risk of rising money costs?

That demand has led to a new breed of lender that accepts a risk but will charge a higher interest rate for approving loan applications.

When you accept new credit and manage it diligently by consistently paying as agreed, you demonstrate to lenders that you represent a good credit risk.

The riskiest of the subprime auto loan borrowers might find more luck in going with smaller lenders that are willing to accept the risk to stay in the lending game.

With private sector loans, the Federal Government accepts the financial risk of default to private lenders, but the interest payment and principal goes to the bank.

As a bonus, the interest rate on a loan is determined, in part, by the amount of risk the lender accepts by making the loan.

Our lenders will not loan to property above the maximum accepted LTV as this would be too big of a risk.

It is an arrangement that is easy to describe but difficult to characterize: not a pure loan, because the lender accepts part of the risk; not a partnership, because the money to be repaid is specified; not pure insurance, because it does not specifically secure the risk to the merchant's goods.

@Mindwin: Such calls are forbidden on mortgages issued for owner - occupied residences, at least in the U.S.; mortgage lenders are required to accept the risk that even if the value of the collateral is spiraling downward they will be unable to force liquidation.

The lender can choose to accept what amounts to a 12.5 percent guaranty ($ 50,000 of $ 400,000) or require a down payment to reduce its risk.

Lenders also are establishing policies on risk, and are offering clear guidelines on what they will or won't accept in terms of TIC borrowers.

The reason for the high credit score requirement is quite simple; banks and lenders that offer jumbo loans are accepting a sizable risk due to the enormity of the loan.

CMBS lenders have become more cautious about the amount of risk they are willing to accept since the last cycle, but they will fund stabilized assets in secondary and sometimes tertiary markets if the fundamentals are strong enough, albeit the risk will figure in their pricing, Gorczycki notes.