Sentences with phrase «credit history of the company»

FICO SBSS scores take into account the personal credit history of the company's principal owners.

Not exact matches

Essentially, a company credit report gives you the benefit of seeing an objective summary of a company's credit history and from this you get its credit score, which is used by all financial institutions in assessing credit worthiness.

Boosting the score may take years for companies with a derogatory or nonexistent credit history, so the process of strengthening creditworthiness needs to begin long before a credit application is submitted.

Eberhard accused Musk of taking credit for founding the company and trying to «rewrite history.»

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

Once you've established some history of paying back your debt, your credit card company may be willing to increase your limit.

Similar to your personal credit score, you business credit score is based on your credit - use history, how many lines of credit you have, how you pay your bills, the size of your company, and how long your company has been in business.

The company's proprietary platform looks deeper into the health of small businesses, focusing on the overall business performance, rather than the owner's personal credit history.

The company's proprietary credit models look deeper into the health of businesses, focusing on overall business performance, rather than the owner's personal credit history.

«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.

Under this initiative, senior Company human resources, compliance, credit, and legal personnel compiled and analyzed extensive information about the Company's incentive plans, including plan documents, eligibility criteria, payout formulas and payment history, and held extensive interviews with business line managers to understand how evaluation of business risk affects incentive plan performance measures and compensation decisions.

All of these different credit scores rely heavily on the payment history a company has with its previous suppliers, creditors, and lenders.

The first is a traditional credit risk score (range: 100 to 992), which analyzes your company's credit history — credit utilization, past delinquencies, length of credit history, and the like.

On top of this, things like the size and age of your company, or its credit history, may also play a pivotal role.

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.

This certainly must make leading credit card companies nervous, considering their 3 % fees and history of high fee debacles:

How each company calculates it remains a trade secret, but most consider your payment history, available lines of credit, the types of credit you have, credit inquiries you've made and the years you've had ongoing credit as part of the total number.

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.

Credit reports are a compilation of information from credit bureaus, which are companies to which creditors report borrower payment history on a regular Credit reports are a compilation of information from credit bureaus, which are companies to which creditors report borrower payment history on a regular credit bureaus, which are companies to which creditors report borrower payment history on a regular basis.

NEWARK, N.J. / BOSTON (Reuters)- Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies more $ 300 million and two of the suspects are in custody, in the biggest cyber crime case filed in U.S. history.

To be the ideal customer from the credit card company point of view, you should have a running balance that stays reasonably below your credit limit, combined with a history of paying your bills on time.

Even larger, more established security companies can have problems securing financing because of an owner's poor credit history or not having sufficient assets to satisfy demands for collateral.

Chick depicts the company's meteoric rise in an opening credits sequence and we never get a sense of the exultation and crazy riches of the two brothers as the company begins nor of the heady flim - flam atmosphere of that mad, insane blip in American business history when a guy and a computer could sit in his basement and make millions.

Credit reports are a compilation of information from credit bureaus, which are companies to which creditors report borrower payment history on a regular Credit reports are a compilation of information from credit bureaus, which are companies to which creditors report borrower payment history on a regular credit bureaus, which are companies to which creditors report borrower payment history on a regular basis.

According to myFICO, the company that designed the widely used FICO score, «credit payment history determines 35 % of a FICO Score.»

The company is also very clear about what it takes to qualify for one of its loans: a minimum FICO score of 660, a debt - to - income ratio of 50 % or less, three years of credit history, two open and satisfactory trades, no current delinquencies and no delinquencies greater than 90 days in the last 12 months.

According to Fair Isaac and Company, your payment history accounts for approximately 35 percent of your credit score.

Further more, be sure the account has a good couple years history (the more years the better), has a balance of 30 % of the credit card limit or lower, it is paid on time monthly with no late payments and be sure the credit card company reports to all three major credit bureaus (Experian, Equifax, Trans Union).

For the first time in history, this means that the Federal government will be able to regulate the actions of independent payday lenders, private mortgage lenders and servicers, debt collectors, credit reporting agencies, and private student loan companies.

The payment history for student loans might be the first (and only) impression a credit card company has of an applicant's credit history.

We have taken some of the stress away of locating a mortgage lender by listing a few mortgage lending companies below that can help you get approved for a mortgage loan for people with a poor credit history.

The Credit People is a credit repair company serving consumers who are seeking improvement of their credit scores and history reCredit People is a credit repair company serving consumers who are seeking improvement of their credit scores and history recredit repair company serving consumers who are seeking improvement of their credit scores and history recredit scores and history reports.

Before you apply for a time consuming Credit Counseling service or spend thousands of dollars on a credit repair company, download the Free Demo today, check your credit history and repair your credit rightCredit Counseling service or spend thousands of dollars on a credit repair company, download the Free Demo today, check your credit history and repair your credit rightcredit repair company, download the Free Demo today, check your credit history and repair your credit rightcredit history and repair your credit rightcredit right away.

Credit histories are a more or less complete record of the borrowing and repayment behavior of an individual (or a company).

But given the history of fraud and abuse in the debt relief industry, the inability to provide any legal advice, and the carnage that can be done by defaulting on debt without some real protection, the debt settlement company and credit counselor risks are too great and the advantages too nominal.

Lenders and credit card companies use the length of credit history in various ways.

Your credit history is a piece of information that insurance companies frequently use to set the rates you pay for homeowners insurance.

Consumer reporting companies must maintain a record of all creditors who have asked for your credit history within the past year, and a record of individuals or businesses that have asked for your credit history for employment purposes for the past two years.

A key benefit of Vantage Score is that as long as the credit reporting companies have the same information about your credit history, you will receive the same score from each of them.

And it can be a bit confusing what some credit card companies factor into their definition of «credit history.»

Each of the three companies may track different accounts, which is why it is important to get your credit history report from all three companies.

Even if you have no credit history, we work with a number of different lending companies that offer a variety of financial products and services at a great rate.

Like S oFi, Earnest is one of the companies that breaks this trend by analyzing credit history, savings habits, and earning potential.

We have taken some of the stress away of locating a mortgage lender by listing a few mortgage lending companies that may be able to help you get approved for a mortgage loan for people with a poor credit history in Ireland.

Lexington Law may have a longer history in the credit repair industry than some of its competitors but it may also have higher fees than other companies for providing basic credit repair assistance and credit report disputes.

For someone like a stay - at - home parent who doesn't work outside of the home and have their own income, it can be difficult to build a credit history, because most credit card companies won't issue a credit card to someone who doesn't have their own income.

The credit card companies said they were rejecting me due to my lack of credit history, but also told me the credit score they received for me was in the 700s.

Now, different credit card companies may behave differently as far as reporting (since reporting is at their discretion), but it's certainly possible for cards with no utilization to appear identically to cards with utilization from a payment history point of view.

The company generally is better for individuals with debt - to - income ratios below 40 % and several years of credit history.

Borrowers simply enter their information online, including the value of their home and current mortgage balance, as well as some credit history information, and the company compiles a list of lenders willing to offer a home equity line of credit.