Sentences with phrase «alternative credit documentation»

As financial institutions are cutting credit lines and refusing to issue consumer credit, it seems that FHA's willingness to consider alternative credit documentation may become more important for homebuyers who have not established traditional credit lines.

Flexible credit requirements including lower credit scores and alternative credit documentation for borrowers without traditional credit

Not exact matches

Not all loan programs will accept alternative documentation on your credit.

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does not currently require a minimum credit score, and also allows borrowers without traditional credit to submit alternative documentation including rent and utility receipts.

Given that all other lending services such as bank loans for example require a far longer processing time and the production of private documentation as well as credit checks there is no safe and reliable alternative to a payday loan when you need cash quickly.