Meanwhile, a good
credit standing usually gets better interest rates and a higher loan amount approval.
Dipping to a bad
credit standing usually means you forgot to pay some bills on your credit card or car loan but it isn't the end of your ability to credit.
Not exact matches
A master's graduate would not necessarily be granted any advanced
standing as the education programs are focused on teaching methods and theory, with
usually no elective areas to which other academic subjects could be
credited.
You'll complete a mortgage application (and
usually pay an application fee), and you'll give the lender a bunch of documents it can use to check your financial
standing and your
credit.
These lenders do not
usually require a good
credit standing, or any
credit check at all.
While most people probably use a
credit card to pay their bills, there are certain things that
usually stand alone such as mortgage payments, rent, student loans, amongst others.
«If the client comes to us (beforehand) we let them know that obviously we can't hold rates for that amount of time but if they can be pre-approved we
usually tell them to keep their
credit up because it's obviously based on
credit being in good
standing,» he said.
You'll
usually have the most luck receiving a
credit limit increase on cards you have maintained in good
standing for several years.