Sentences with phrase «applications for credit because»

Not exact matches

As Greenhalgh says, «The future applications for this material don't stop [with cars]-- you might have a mobile phone that is as thin as a credit card because it no longer needs a bulky battery, or a laptop that can draw energy from its casing so it can run for a longer time without recharging.»

That's because a freeze locks down your credit report, so lenders can't even start the approval process for a new credit application.

A credit card application, for example, is weighted «worse» than a mortgage loan application because debts on credit cards can increase over time, until they become unmanageable.

Because of a new state law, Empire State Development has for the first time disclosed the title and tax credit amount for some films that filed final applications in 2014.

Because credit assistance can not be awarded until a project has received a final NEPA determination (as described above in Section 3 - 3), all applicants for credit assistance must demonstrate in the Letter of Interest / Draft Application that the project for which credit assistance is being sought is reasonably likely to have completed the NEPA process prior to the anticipated financial closing date.

This is because each time a credit report is run for an application your credit report will be marked.

Whether your credit score is bad or none existent, it is not an issue when your application comes up for consideration because prove of income is the key.

And because an issuer makes a «hard pull «on your credit report every time you apply for a card, each new application can put a small dent in your credit score.

These small, loans are easy to apply for because potential borrowers only need to meet a few eligibility requirements and don't have to offer any collateral or present a credit score, and the application process can be completed without ever leaving home.

Your credit health and history play a big role in improving your chances of getting approved for a loan; but did you know that one of the biggest reasons applicants get denied is because of incorrect or missing information on their applications?

For several years, credit bureaus have been required to make your credit report available for free whenever a business denied your application because of your credit histoFor several years, credit bureaus have been required to make your credit report available for free whenever a business denied your application because of your credit histofor free whenever a business denied your application because of your credit history.

You may be denied for a credit card simply because of the number of applications you've submitted in a short time.

The two of you may qualify for a worse rate on loans because your poor credit score hurts your application.

There is no time limit on reporting information about criminal convictions; information reported in response to your application for a job that pays more than $ 75,000 a year; and information reported because you've applied for more than $ 150,000 worth of credit or life insurance.

Every time you fill out an application for credit, your credit score can be affected because a good percentage of your score is based on how much total credit you have and the number of accounts you have.

The copy of your report must contain all of the information in your file at the time of your request.You have the right to know the name of anyone who received your credit report in the last year for most purposes or in the last two years for employment purposes.Any company that denies your application must supply the name and address of the credit bureau they contacted, provided the denial was based on information given by the credit bureau.You have the right to a free copy of your credit report when your application is denied because of information supplied by the credit bureau.

Payday loans are perfect for those seeking approval with poor credit scores because there is no credit check carried out on their application.

However, many people shy away from bankruptcy because it can be a lengthy process that stays on your credit report for at least 7 years and can follow you for life (since most major loan applications ask if you've ever filed bankruptcy).

It's extremely important for you to check your credit score on a regular basis not only because your credit affects interest rates, but it also immensely impacts insurance premiums, and can determine the outcome of both job and rental applications.

If you're looking for loans for people with poor credit in Canada because your bank or credit union has declined your application for a loan, you may have some other options that can put an end to your debt problems, rebuild your credit rating, and put your finances back on the right track.

In general, once your credit is frozen, no new credit accounts can be opened in your name, because nearly all credit providers would want access your credit report before approving an application for new credit from you (or someone impersonating you).

So, aspiring homeowner, it's crucial that you pay everything absolutely on time — even for things like utilities that don't normally report to credit bureaus --- because that will be counted on your mortgage application.

It is always suggested to avoid making multiple credit applications because it can set off an alarm bells for financial institutions

Avoid making new applications for credit unless you really need to, because every new inquiry into your credit has the potential to knock a few points off your score.

Besides recent applications for credit, your score will also vary from month to month, or even day to day, because of fluctuations in factors like your overall credit utilization (the amount you borrow in relation to your total available credit) and how much you utilize each of your lines of credit.

After all, the point of a high credit score is to help you get approved for credit — but each time you apply for credit, your score goes down by a few points, because the number of your recent applications for credit is one of the factors your credit score takes into account.

In fact, a couple with no debt, a decent down payment, and a $ 100k income, could potentially be declined for a modest home loan application because their credit history is too thin.

Generally, it is not illegal for a landlord to not rent to you because you have poor credit or insufficient income to cover the rent or another qualified applicant submitted an application before you.

It's important to know the types of debt you owe and how they might impact your credit report, because your score influences whether a lender approved your application for a home mortgage.

because I got behind on my loan my credit report became negative for any job application.

To lock a mortgage rate, you need to submit a loan application, because the lender will require all the pertinent information about your credit score, debt - to - income ratio and other factors needed to determine the rate you qualify for.

When you apply for a new card, it affects the new credit part of your score because the application will result in a new inquiry on your credit report — a so - called hard inquiry.

Make sure that your payment is on time because one late payment can do damage to your credit score and it might be the reason for the disapproval of your application for mortgage in the future.

Costs incurred by the Subscriber for refiling applications for loans, grants, or other credit that are rejected solely because the lender received from any source incorrect information as a result of the Identity Fraud;

I argued the angst over the new «5/24 rule» (meaning Chase only approving new UR cards for folks with no more than 5 credit card applications in the last 24 months) was misplaced because Ultimate Rewards no longer have the same cachet they used to, so there's not as much reason to care about churning Ultimate Rewards cards nowadays.

My question is I had 3 Amex CC two of them almost a year old the third one about 5 months old, when I» be applied for the first time I did it over the phone and before I continued with the application I told the agent that I filed for BK about 6 years ago and I never had a Amex CC then she told me that there are customers that applied with BK and been approved, when she said that I felt confident applying for it and she was right, Amex approved me with a nice credit line of $ 11,000 I was in shock, now explain this a year later I went to the website and I request a credit line increase and I was dinied I called for a recon and they told me I was dinied because in my credit report shows a BK so I said wait a minute when I had applied for that credit card I had approved with no problem and now I can't have a credit line increase and the agent told me there are different factors between applying for credit card and applying for credit increase so that was his answer but he didn't explain the factor why??? Do you have an idea why is the differents Thank you

After all, each credit card application means your future applications for Chase credit cards like the Sapphire Preferred or Southwest credit cards might be denied because they are subject to the 5/24 rule.

Even for people with excellent credit, banks have been known to reject applications because of too many recent inquiries.

Some travel bloggers advise applying for several cards in a single day — sometimes called an app - o-rama — then waiting three months for another round of applications, on the theory that you're more likely to get approved because the banks don't see the credit inquiries if you bunch them together.

I don't like giving too much advice about getting approved for cards because there are simply too many variables that go into a credit card application approval decision.

Related to the previous point, many times your credit card application goes to pending because for whatever reason you've triggered fraud prevention.

In a Nutshell: Many established small - and medium - sized businesses still can not qualify for business credit cards because of strict application requirements that demand high revenue or good... read more»

That's because if you've already reached the maximum credit limit Citi (or another issuer) will extend to you, you won't get auto - approved for new cards — you're application will receive a «pending» message and you'll need to call reconsideration to try to get approved.

If you've been checking your credit report (as you should be, regularly), and you've noticed your score has dropped for no apparent reason, it could be because of the hard credit checks that took place when the fraudulent credit applications were placed.

Because the insurance company uses your cash value account as collateral for a loan, there is no lengthy application process or credit checks.

I tell them the application fee is for running the credit check because we have to pay for it and I tell them that if we reject the application before running the credit check we will refund the application fee.