This is one reason why
borrowers with excellent credit get access to lower mortgage rates, on average, as compared to borrowers with less - than - perfect credit.
This is one reason why
borrowers with excellent credit get access to lower mortgage rates, on average, as compared to borrowers with less - than - perfect credit.
Not exact matches
So a
borrower with excellent credit has a better chance of
getting approved for a home loan.
To help you make a decision on where to
get a loan, we researched over 30 different lenders to bring you our top picks for personal loans for both
borrowers with good
credit and
borrowers with excellent credit.
However,
borrowers with above average
credit or
excellent credit will probably
get better interest rates through traditional lending options such as personal bank loans, lines of
credit, and
credit card loans.
P2P lending can offer a critical opportunity to people
with excellent credit:
Borrowers can easily
get funded
with little hassle, possibly at a lower cost than using
credit cards.
People
with excellent credit get loans
with 5 - 6 % interest rate while those considered as risky
borrowers can be charged up to 40 %.
So a
borrower with excellent credit has a better chance of
getting approved for a home loan.