Earnest is a personal lender that touts its ability to gauge the risk of its borrowers more
accurately than other lenders can.
Not exact matches
Unfortunately, the reality is that the only legitimate way to get an
accurately reported foreclosure, deed in lieu, short sale (typically reported as «settled for less
than full balance») or
other negative notation removed from your credit report is for the
lender reporting it to instruct the credit bureau to strike it from your credit report as a «goodwill» gesture; not something that often happens.
Both documents say that
lenders will «encourage» borrowers to borrow no more
than what they need, «fairly and
accurately» disclose loan terms and conditions (including whether the loan may be sold and how the sale would affect borrower benefits and
other terms of the loans), and refrain from taking actions that cause school employees to have a conflict of interest or the appearance of a conflict of interest.