Sentences with phrase «applicant with poor credit»

The best mortgage programs for applicants with poor credit scores are those designed to reduce the risk borne by the lender.

The best mortgage programs for applicants with poor credit scores are those designed to reduce the risk borne by the lender.

Loans are not supposed to be available to applicants with poor credit histories.

Many traditional lenders, for example, will apply higher interest rates when dealing with applicants with poor credit scores, to cover the extra risk.

Applicants with poor credit receive rates 15 % or higher.

The credit card issuers who specialize in applicants with poor credit make up for the higher risk of their customers by charging cardholders fairly high interest rates, and many also charge additional fees.

As a result, applicants with poor credit tend to face higher quotes than most other drivers.

Banks and trust companies will automatically turn down applicants with poor credit score with no chance for further negotiation.

As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates — worsening already critical fraud and delinquency problems in the mortgage market.

As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates - worsening already critical fraud and delinquency problems in the mortgage market.

In addition, they can find the lenders who specialize in various market niches that many other lenders avoid, such as loans to applicants with poor credit ratings, loans to borrowers who do not intend to occupy the property, loans with minimal or no down payment, and so on.

The higher APRs go to applicants with poor credit while the low APRs go to applicants with high credit scores.

Because banks view applicants with poor credit scores as the riskiest borrowers, these types of unsecured cards may come with other requirements attached, such as a minimum gross annual income or having a checking account with direct deposit.

No one will argue with the idea that traditional lenders are not as willing to lend to applicants with poor credit histories than to those with excellent...

By screening out applicants with a poor credit score, businesses aim to reduce workplace theft and fraud.

Lenders who are offering personal loans that are unsecured would of course be on red alert if they meet an applicant with poor credit rating.

Credit scores do not weigh in, and applicants with poor credit have the same possibility of garnering approval as those with good credit.

Applicants with poor credit may find more success with secured loans, which often have lower interest rates but require applicants to submit collateral.

Some applicants with poor credit may choose to have a guarantor sign on to the lease.