Sentences with phrase «based upon creditworthiness»

Your individual rate may be higher based upon your creditworthiness.

This is because personal loans are extended to individuals based upon their creditworthiness and not based upon securing any underlying collateral.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

The offered APR will vary between 5.91 % and 35.06 % APR based upon creditworthiness, loan amounts, term length, and amount of Interest Surcharge.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Not exact matches

What's more, because the loan is not based upon the loan - to - value ratio of any specific collateral, the lender is using other data points to evaluate a business owner's creditworthiness.

An unsecured small business loan is a loan that requires no collateral but rather is based solely upon the creditworthiness of the small business borrower.

We make temporary cash flow loans that are based upon the overall health of the business rather than solely on the personal creditworthiness of the business owner.

Unlike a secured loan that has collateral standing good in the event that you should default or fail to honor the terms of your loan agreement, an unsecured loan is based solely upon your personal credibility and creditworthiness.

(1) A credit services organization, its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit services organization may not do any of the following: (a) conduct any business regulated by this chapter without first: (i) securing a certificate of registration from the division; and (ii) unless exempted under Section 13 -21-4, posting a bond, letter of credit, or certificate of deposit with the division in the amount of $ 100,000; (b) make a false statement, or fail to state a material fact, in connection with an application for registration with the division; (c) charge or receive any money or other valuable consideration prior to full and complete performance of the services the credit services organization has agreed to perform for the buyer; (d) dispute or challenge, or assist a person in disputing or challenging an entry in a credit report prepared by a consumer reporting agency without a factual basis for believing and obtaining a written statement for each entry from the person stating that that person believes that the entry contains a material error or omission, outdated information, inaccurate information, or unverifiable information; (e) charge or receive any money or other valuable consideration solely for referral of the buyer to a retail seller who will or may extend credit to the buyer, if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public; (f) make, or counsel or advise any buyer to make, any statement that is untrue or misleading and that is known, or that by the exercise of reasonable care should be known, to be untrue or misleading, to a credit reporting agency or to any person who has extended credit to a buyer or to whom a buyer is applying for an extension of credit, with respect to a buyer's creditworthiness, credit standing, or credit capacity; (g) make or use any untrue or misleading representations in the offer or sale of the services of a credit services organization or engage, directly or indirectly, in any act, practice, or course of business that operates or would operate as fraud or deception upon any person in connection with the offer or sale of the services of a credit services organization; and (h) transact any business as a credit services organization, as defined in Section 13 -21-2, without first having registered with the division by paying an annual fee set pursuant to Section 63J -1-504 and filing proof that it has obtained a bond or letter of credit as required by Subsection (2).

What's more, because the loan is not based upon the loan - to - value ratio of any specific collateral, the lender is using other data points to evaluate a business owner's creditworthiness.

We make temporary cash flow loans that are based upon the overall health of the business rather than solely on the personal creditworthiness of the business owner.

An unsecured small business loan is a loan that requires no collateral but rather is based solely upon the creditworthiness of the small business borrower.