Sentences with phrase «alternative credit trade lines»

Typically, these mortgage lenders require borrowers to have at least four alternative credit trade lines — meaning you'll need to show proof of on - time payment history in these areas.

Not exact matches

These methods aren't going to be for everybody, but if you have bad credit and want to get some positive trade lines reporting this might be an alternative option to a secured credit card.

It's important to note that not all VA lenders accept alternative credit and even some who do also require at least one active trade line appearing on a credit report.