Sentences with phrase «applicants with poor credit histories»

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...

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

The first one that was talked about quite a bit today, this morning, is that they think that employees or applicants with poor credit history are more likely to steal.

Not exact matches

Applicants with low credit scores combined with low debt to income ratios often have a poor payment history.

To understand how a poor credit applicant would be more attractive to a lender than a person with no history, you have to look at the situation through a lender's eyes.

It might seem strange that a lender would trust such a large debt to someone with a poor credit history, but the economic reality dictates that lenders have a more open view when considering bad credit applicants.

It stands to reason that lenders are more likely to grant loan approval with poor credit histories to applicants who are recovering their credit reputation, and strengthening their position than to those who are going in the other direction.

Although some credit card applicants may be required to use a cosigner if their credit history is particularly poor or very limited, the most common situation in which cardholders need a cosigner is for compliance with the CARD Act of 2009.