Sentences with phrase «as mortgages or car loans»

The difference between a good and a poor credit score can literally be many thousands of dollars, especially if the loans in consideration are for big ticket items such as mortgages or car loans.

If you don't have other types of installment loans accounts, such as a mortgage or a car loan, your credit mix will change.

You just want to have a good idea of the costs you'll be facing when you initially retire, as well as which expenses might be going away down the road (such as the mortgage or car loan you'll be paying off).

If you have recently been divorced, one of your number one goals is removing yourself from items that aren't your responsibility anymore, such as a mortgage or car loan.

For this reason, those with average credit can anticipate some challenges when applying for certain loans such as a mortgage or car loan.

If you ever plan on getting a major loan in the future such as a mortgage or car loan, you'll want to have your credit score in good standing.

A sixth factor to consider is that a high level of debt may makes it difficult to qualify for a competitive loan such as a mortgage or a car loan.

The responsible use of a credit card will reflect positively on your credit report, putting you in a better position should you need to secure a larger loan such as a mortgage or car loan.

If you apply for credit for something such as a mortgage or a car loan, lenders are going to pull your report to check your score.

Secured debts are those for which the creditor is entitled to seize property if you don't pay (such as a mortgage or car loan); priority debts are obligations that the law deems to be so important that they are entitled to jump to the head of the repayment line.

What this means is that you will have more income than outgo — which shows up as a positive factor to lenders if you are applying for financing such as a mortgage or a car loan.

If you use it to pay off / down an installment loan (such as a mortgage or car loan), then you may have to specify that your extra payment should be applied to the principal.

But, when you apply for loans, such as a mortgage or a car loan, lenders usually want to see a longer history.

Furthermore, even though you may be personally relieved of the liability to pay a secured debt such as a mortgage or car loan, if you fail to make the payments, the creditor is permitted to enforce the lien in state court (i.e. a foreclosure or repossession).

You're planning on taking out a large loan such as a mortgage or car loan in the near future (most people recommend not applying for credit cards if you're within a year of taking out a large loan.)

When purchasing life insurance, consider the financial responsibilities that your family will immediately inherit such as a mortgage or car loan.

Not exact matches

Whether you're shopping for a car loan or the right mortgage or are trying to find the right financial planner or investment vehicles, you'll be able to make decisions wisely and confidently when you have learned as much as you can about the topic.

Loan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals in exchange for interest payments and return of principal over a defined time period, similar to a mortgage or a car lLoan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals in exchange for interest payments and return of principal over a defined time period, similar to a mortgage or a car loanloan.

Type of credit: how many and what kinds of credit accounts you have, such as credit cards, installment debt (such as mortgage and car loans) or a mix.

Some loans are structured as installment loans, like your mortgage or car loan.

For example, credit agencies are looking for consumers that have a good mix of installment loans, such as a mortgage, car loan, or student loan, and revolving credit, like a department store credit card or bank credit card.

This is the monthly recurring debt payments — typically mortgage loan, credit card, student loan, or car loan payments — as a percentage of your income.

Lenders want to ensure that you have the financial means to pay off your new mortgage, as well as any other long - term debts (such as car loans) or other living expenses.

When you take out a debt consolidation loan, your debts will still be marked as paid as agreed, which shouldn't affect your ability to get additional credit if you need to take out a car loan or mortgage while you're repaying your debt consolidation loan.

Lastly, as unsecured loans, Avant personal loan interest rates are typically higher than rates for secured loans like mortgages or car loans.

For a standard mortgage or auto loan, the home or car itself is used as collateral.

If you have a mortgage, car loan, or any type of installment loan, your payments will demonstrate your reliability as a borrower.

To earn a top - tier FICO score, you'll need to demonstrate that you can successfully manage a mix of credit products, such as a car or student loan, a mortgage and at least one card.

For a mortgage used for other purposes, such as to consolidate credit cards or buy a car, the loan on which your interest is based is capped at $ 100,000, or $ 50,000 if married filing separately.

The loan you've co-signed for can show up on your credit report, just like any other debt you have... As a result, the loan you've co-signed for can increase the size of your outstanding debt — added to your mortgage, credit - card balances, car loan or student loans — when lenders are deciding whether to let you borrow more money.

For one, you'll hopefully have fewer people who rely on you for financial security, as your dependents become independents and you start paying off long - term expenses like your mortgage or car loan.

By putting your home or vehicle up as collateral, you can qualify for better rates on a mortgage, car loan, or home equity loan.

One thing to note, however, is that if you do a couple of loan application for the same thing in a couple of days, like two car loan applications or two mortgage applications right at the same time, they may be bundled together and only considered as one hit, but that doesn't always happen.

As you know, poor credit can prevent you from being approved for car loans or a mortgage later when your financial situation improves.

In fact, private student loans are like any other kind of loans, such as a car loan or mortgage.

Delaying the repayment of your student loans through an income based repayment program can also hurt you as the increasing balance due on your student loans are reported to the credit bureaus and negatively impact your ability to qualify for other types of credit like a car loan or mortgage.

When you're applying for a mortgage or car loan, you want your score to be as high as possible so you can qualify for the best rates.

For closed - end credit, such as car loans or mortgages, the APR includes the interest rate, points, broker fees, and certain other credit charges that the borrower is required to pay.

For instance, credit agencies will look to see that you can handle revolving credit accounts, such as a bank credit card or a department store credit card, as well as an installment loan, such as a car loan or mortgage, which is a fixed monthly payment.

When you take out a debt consolidation loan, your debts will still be marked as paid as agreed, which shouldn't affect your ability to get additional credit if you need to take out a car loan or mortgage while you're repaying your debt consolidation loan.

Although credit unions may not have standards as high as those for banks, and they may take into consideration other factors regarding employment, if anyone has a history marked with missed payment, they too will be reluctant to offer credit cards or car loans, not to mention a home loan or mortgage for those who have bad credit.

Just as second and third mortgage liens can be stripped from your home, the balance of a car loan can be reduced or «crammed down» to match the current market value of your car.

Therefore, for secured debts such as home mortgages or car loans, you must continue paying your secured creditors, or the asset may be seized by your creditor.

The bank offers unsecured personal loans as well as mortgages, but it doesn't have credit cards or car loans.

You can earn dividends with just one qualifying product, such as a checking account, a mortgage, a car loan or a credit card; but if you grow your financial relationships with us, you're contributing to our collective success - which means you'll have more opportunities to earn higher cash dividends.

The most common types of secured loans are mortgages and auto loans, where a home or car serves as collateral.

But while the bankruptcy debtor's personal liability to pay a mortgage note or a car loan is discharged, just the same as the debtor's personal liability to pay a credit card account is discharged, the difference between the secured creditor and the unsecured creditor after discharge is significant.

* Kinds of credit: The mixture of accounts you maintain, such as car loans, charge cards, school loans, or mortgages.

Housing loans, debt consolidation loans, car or automobile loans and mortgage loans are the kind of loans available in the market as of now.

Credit cards have much higher interest rates because the loan is not secured — it's not backed up by an asset such as a house or vehicle the way a mortgage or car loan is.