Sentences with phrase «most people with low credit scores»

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Most people with mediocre and even low credit scores may be eligible for unsecured personal loans, as lenders consider other factors outside credit performance when making loan decisions.

As lenders use statistical equations and probability theory when underwriting loans, most commonly people with higher credit scores may qualify for lowest possible interest rates, longest durations, and highest loan amounts, while people with past credit problems may only get a chance to borrow modest amounts for a short period.

«Last year we started using a number, not as a recommendation, but as a fact that most of the people with really high FICO scores have credit utilization rates that are 7 percent or lower,» Watts said.

Most banks have credit cards designed specifically for people with bad credit history and low credit scores.

Most people with average to low credit score will have to pay higher interest rates usually around 7 % or 8 %.

Many borrowers have credit scores that may be too low for most banks, but our mortgage lenders specialize in loans for people with less than perfect credit.

Owing to their flexibility, most of a mortgage broker's clients are people with low credit score.

Most lenders will give the lowest rate to people with the best credit score.

With studies showing that as many as 79 % of all credit reports contain errors that can lower a persons credit score, the good news is that most can be removed when properly called to the attention of the credit bureaus.

While people with low or poor credit account need trade lines the most, those with higher credit scores can make use of this tool as well.

That reward isn't great, but it is much better than the zero cash back available on most cards intended for people with lower credit scores.

However, most people who need to file for bankruptcy have already lowered and ruined their credit score on their own with missed and late payments.