A spokesman for Lead Planet said, «As an internet mortgage marketing company we utilized our own search engine marketing strategies to focus on keywords that drove traffic to
loan applicants with better credit scores.»
Sometimes
an applicant with good credit scores is rejected, even those with a large monthly income too.
Personal loan lenders may turn down
an applicant with a good credit score, then turn around and make a loan to someone with a lower score because the person with the lower score was considered a better risk.
Applicants with good credit history can get a good credit card, and applicants with excellent credit history can get an excellent credit card.
Generally,
applicants with a better credit history will receive a lower interest rate on private student loans.
If you are competing with
an applicant with good credit and your credit is bad, the likelihood you will get as far in the hiring process as the good credit applicant is slim to none.
Applicants with the best credit may qualify for an APR as low as 12.9 percent.
Because each issuer has its own rules and limitations regarding things like utilization rates, number of inquiries, and credit history length,
applicants with good credit can usually find another card option simply by changing issuers.
Rather than being stuck using a secure Visa with a tiny credit line and high fees,
applicants with good credit can get large unsecured credit lines with no annual fees, no foreign transaction fees, bountiful cash rewards, interest - free balance transfers, and even a 0 % APR on purchases.
Applicants with good credit, 3 % down, and extra cash for closing costs can choose a Conventional 97 loan.
If you have a policy of renting to
applicants with the best credit, don't make an exception for a would - be tenant with a better personality but a less positive credit report.