Sentences with phrase «as your credit score indicates»

They may prefer to do that than lose a cardholder of two decades who pays her bills on time, as your credit score indicates.

Not exact matches

The subprime category also includes borrowers with «reduced repayment capacity» as indicated by their credit scores or debt - to - income ratios.

The closing credits do not begin with something classically romantic, as Howard's score might indicate, but instead Muse's «Starlight.»

Moreover, ACT Inc., which began measuring college readiness as the American College Testing Program in the 1950s, reports that among the college aspirants who took its admission exams last year, only 21 percent of the graduating seniors attained scores high enough in all four subjects — English, reading, math, and science — to indicate that they wouldn't need to take a no - credit remedial course when they entered college.

The subprime category also includes borrowers with «reduced repayment capacity» as indicated by their credit scores or debt - to - income ratios.

A new or recent open date typically indicates that it is a new credit obligation and, as a result, can impact the score more than if the terms of the existing loan are simply changed.

The simple graph below indicates just how much money you can save on interest rates as you improve your credit score.

Research from FICO indicates that a foreclosure can shave as many as 160 points, or as few as 85 points, off your credit score.

Your credit score takes a little hit each time you shop for a new loan as it indicates that you need more credit and that you may not be managing your existing credit very well.

Your credit score, or FICO, is a three - digit number that indicates your creditworthiness and basically acts as a numerical summation of your credit report.

Credit scores in this range are considered a problem, and they indicate that you had some significant missteps in your financial history as a consumer.

Even if your credit score is decent, your application may still be automatically denied, as it indicates you may be taking on too much debt.

How much you owe, and whether you make regular payments, as well as how desperate you seem for credit (as evidenced by hard inquiries) can indicate your ability to repay a loan, and these items are taken into account in your score.

A low score could also indicate something much less serious, such as a short credit history.

Experian, a credit bureau specializing in consumer credit reporting, scoring and financial services, released a survey indicating that San Antonio, Texas is the city with the most per capita consumer credit card debt with an average of $ 5,177 in credit card debt as compared to the national average of $ 4,200 as of December 2010.

Similarly, rate shopping that goes on past that relatively short 30 - day window can also have a greater negative impact on your credit score, as that indicates that you're looking at taking on more debt than just a single loan.

That being said anything over a score of 780 indicates a history of good credit and will likely result in you having a high FICO score (used by 90 % of lenders) as well.

Your credit score indicates to potential lenders and creditors your responsibility as borrower.

Always pay attention to your credit score to see if it has any swings, which may indicate a problem as well (some cards will provide this figure in your monthly statement).

Much more important factors for your scores are how timely you pay your bills and your overall debt burden as indicated on your credit report.

When the information on your credit report indicates that you have been applying for multiple new credit lines in a short period of time (as opposed to rate shopping for a single loan, which is handled differently as discussed below), your FICO Scores can be lower as a result.

A hard inquiry typically dings your credit score by five points or fewer, but a flurry of them over a short period can lead to a significant score drop, as it indicates that your financial situation may be in flux.

Obviously these are generalizations, but the overall statistics indicate that these risks do increase as credit scores decrease.

More important factors that affect your credit score are how timely you pay your bills and your overall debt burden as indicated on your credit report.

Relative to 2013, respondents indicated a high reluctance to originate mortgages with non-QM features and their aversion toward originating non-QM loans increased as credit scores declined.