Not exact matches
Normally, a
low credit score would suggest a bad loan repayment habit, but this is no longer the case with many bad
credit borrowers victims
of economic
conditions.
For example, there are
conditions relating to the acceptable bad
credit scores - normally, a
score of 600 is the
lowest, though subprime lenders usually accept 560 for their 80 - 20 mortgages.
How much your
credit score lowers is difficult to say, but it likely depends on the
condition of your
credit before filing for bankruptcy.
If
low credit scores correlate to higher risk
of mortgage default, then they can be considered predictive and are allowed to be used as a
condition of loan approval.
Good day Loan Seekers here comes a Solution for your financial problems, I Am Mr. Anthony Lucas a legitimate loan lender that offer loan to the less financial privilege bad
credit scores accepted have you been looking for a loan for any purpose do you need a loan to start a business here comes the end
of your financial problems our terms and
conditions are very simple and the interest rate are considerable we give loans out with a
low interest rate
of 2 %.
You could pay in full every time, have a
credit score of 820 and still have your grace period shortened, see mandatory arbitration clauses on your terms and
conditions, and now possibly be charged inactivity or
low usage fees.
Actual prepaid finance charges, closing costs and monthly payment on your specific loan transaction may vary based on property type, location and down payment.These mortgage rates and terms are based on a variety
of assumptions and
conditions which include a consumer
credit score which may be higher or
lower than your individual
credit score.