Sentences with phrase «credit history of the applicant»

Bad credit ratings are, after all, only an evaluation of the credit history of an applicant.

The result is that lenders feel confident about receiving repayment, regardless of the credit history of the applicant.

The ratings system is based on the credit history of an applicant and ranges from a bottom score of 300 to a maximum score of 800.

A key advantage of a no credit car loan is that the lender is not interested in the credit history of the applicant.

By ignoring the credit history of an applicant, it effectively means that the lender is accepting a high degree of risk.

The good news is that approvals rest on more than simply the credit history of the applicant.

Lenders are interested in affordability rather than any score on a credit report because the score itself only represents the credit history of the applicant, not their current ability to make repayments on time.

For a start, they remain the most diligent when it comes to checking the credit histories of applicants.

While everyday banks will set very strict limits based on the income and credit history of the applicant, the military lenders already know that income is practically guaranteed because it is coming from the government.

The lender fixes the interest rate after considering the CIBIL score and the credit history of both applicants.

Besides the loan amount, the lender fixes the interest rate after considering the CIBIL score and credit history of the applicant (s).

One of the primary reasons that federal student loans are a good option is because the federal government doesn't check the credit history of applicants for student loans.

It also means there is no time wasted searching through the credit history of applicants.

Online lenders will give less attention to the credit history of applicants for loans for personal use.

After checking the credit history of applicants, they usually approve those who have no credits in banks and cooperative.

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

But things have changed after insurance companies require a background check on the credit history of applicants.

Check the credit history of applicants who will be assuming positions with financial responsibilities.