Sentences with phrase «at the credit history of»

While anybody can be added as an authorized user without a credit check, an issuer will look at the credit history of both co-signers before approving their application.

In general, banks that lend money for mortgages or other loans take a look at the credit histories of everyone whose name is on the loan application.

When applying with a creditworthy cosigner, the lender will look at the credit history of your cosigner as well as your credit history to make a determination about whether or not to loan you money.

While anybody can be added as an authorized user without a credit check, an issuer will look at the credit history of both co-signers before approving their application.

In addition, many auto insurance companies look at the credit history of the applicant.

Not exact matches

Bankers look at your personal credit history (credit cards, mortgage payments and personal bills) to get a sense of your track record with financial responsibilities, says Michael Toth, Senior Vice President of Business Banking at KeyBank.

With factoring, the financier is looking at the value of the firm's receivables, not necessarily the company's credit history or risk.

The infographic below, compiled by webmaster tool WhoIsHostingThis.com, looks back at some of the worst data breaches in history, starting with the TJ Maxx hack in 2005 and 2006 where some 94 million credit cards were compromised.

Banks, lenders, and investors will all look at your credit history and your credit score to see evidence of your financial responsibility.

As of March 26, 2018, vehicle loan rates start at 6.75 % based on term length, credit history, and vehicle being financed.

At present, there are multiple shops in the cybercrime underground that sell everything one would need to steal someone's identity in the United States or apply for new lines of credit in their name — including Social Security numbers, addresses, previous addresses, phone numbers, dates of birth, and in some cases full credit history.

Many lenders will want to see a credit history of at least one to two years.

As a general rule, your chances of approval are lower unless your credit score is at least 660 and you have a history of making regular, on - time payments on your student loans.

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

«With low credit card penetration and the lack of structured credit history, this large segment of the Indian population resorts to availing credit from informal sources at high interest rates,» the company said in the statement.

At the other end of the scale, those with the muckiest credit histories borrow an extra $ 0.58 for every $ 1 hike in their credit limit.

As for the other players, length of credit history comes in at a respectable 15 percent.

Personal - loan providers look at your personal credit score and income instead of your business history.

Businesses will need at least two months of credit cart processing history and at least $ 5,000 in monthly credit card sales volume.

Unfortunately, as part of the credit history portion of certifying you for a loan, certain lenders won't accept your income numbers unless you have at least two years of employment history.

You will need at least three years of credit history and two current credit accounts in good standing (i.e., credit cards, mortgages, installment loans, etc.).

When you go to a lender seeking a home loan, they are going to look at your front and back - end ratios, your credit history, your assets, and how large of a down payment you have available.

Mr. McDaniel is a 15 - year veteran of the financial services industry whose work history includes positions at KBS Capital Markets Group and Credit Suisse First Boston.

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

In order to determine the APR for your particular loan, Raise will look at your credit history (and that of any cosigners), chosen loan term, and the amount you're asking for, as well as any income and other application information.

Your lender will also pull at least one of your personal credit histories from Equifax, Experian or TransUnion.

If you want to boost your chances of getting approved, we recommend that you have at least two to three years of credit history, a credit score of 680 or above and a debt - to - income ratio under 40 %.

You should consider a personal loan from Marcus if you have strong credit and at least several years of credit history.

Although it's not one of the top factors in most scoring models it does make up roughly 15 % of your credit history, at least when it comes to FICO scores.

We recommend that borrowers have FICO credit scores of at least 660 with at least two years of credit history.

Obviously this set of scenarios — in which GDP grows on average at rates between 3 % and 6 % for ten years while credit efficiency is improved so dramatically that in 5 - 6 years China begins to deleverage and by the end of the period these growth rates can be maintained with no growth in credit — is theoretically possible, but just as obviously it is highly implausible, and I can not think of any country in history that has achieved such a turnaround in its financial sector without having first experienced a brutal financial crisis.

To improve your odds of getting approved, we recommend borrowers have credit scores of at least 680, a moderate to low debt - to - income ratio, solid income and a demonstrated history of saving.

Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, credit usage and history.

The growing availability of credit has also expanded the resources available to new entrepreneurs launching businesses, and has given many families access to the funds they need to «smooth over» periods of financial challenge.9 / At the same time, competition among lenders for individuals with solid credit histories has reduced the price of credit for those consumers.10 /

Lenders also look at your credit record, which should show a credit score of at least 620 and a consistent history of on - time payments.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Individuals with a rock - solid credit history have a wealth of high - quality credit cards at their disposal, including those with the largest new member bonuses, highest cash - back rates, and longest 0 % intro APR offers.

Citizens Banks looks for borrowers with good credit history and annual incomes of at least $ 24,000.

The bank looks for borrowers with strong credit history, which means a few or more years of credit history and a credit score of at least 680.

Name: Chris Fowler, MA Title: President and Chief Executive Officer Areas of responsibility: Executive management, strategy Years with CWB Financial Group: 27 Career history: Has served at CWB in roles with increasing responsibility since 1991, including, commercial account management (1991 - 1995), credit risk (1995 - 2008), and joined the executive team in 2008 as Executive Vice President, Banking, and then President and Chief Operating Officer Education: Master of Arts Degree in Economics from the University of British Columbia Community involvement: Trustee for the University Hospital Foundation (University of Alberta), Member of the Canadian Bankers Association's Executive Council, director with the Art Gallery of Alberta's board of directors, and campaign cabinet member with the United Way of Alberta Capital Region

Instead of turning away borrowers who have not had a chance to build a credit history (or who have preferred not to), FHA mortgage guidelines instruct lenders to look at all aspects of a mortgage application.

If all of this wasn't concerning enough, the very type of derivatives that blew up the giant insurer AIG in 2008 (credit derivatives) are making a big comeback at Citigroup, the recipient of the largest taxpayer bailout of a bank in U.S. history during the 2008 crash.

If you have at least a middling credit score plus a history of paying your bills on time, you should apply for a VA loan.

Borrowers who are interested in an FHA Purchase Loan must be able to make a down - payment of at least 3.5 % (which can be a gift), must live in the property they are purchasing and have a debt - to - income ratio no higher than 50 - 55 % (depending on their credit history).

SoFi is often identified as a company aimed at millennials, and its alternative method of assessing borrowers does make it easier for applicants with shorter credit histories and higher debts to qualify.

That's why we offer secured and unsecured loan options that fit the needs of modern insurance agencies like yours, no matter the size of your business, and even if your agency has a poor business credit rating or even no credit history at all (9002 credit).

Turning to look at the small sub-prime market in Australia, non-conforming housing loans are the closest equivalent to sub-prime loans in the US, being provided to borrowers who do not satisfy the standard lending criteria of mainstream lenders such as those with impaired or incomplete credit histories.

Nationwide, home purchase contracts are running at a 40 percent cancellation rate, in a market where buyers with strong credit histories are demanding deep discounts on home listings, plus in the new - home market a series of incentives and extras before delivering a firm contract to buy.

For example, instead of considering only your credit report and income, community banks might also look at your family history and discretionary spending before approving you for a loan.

The lender may also take a closer look at your payment and credit history, including the number of current or former lines of credit in your credit history.