Sentences with phrase «creditors lend more»

Rather, we need regulation to ensure that creditors lend more responsibly.

Not exact matches

If you can handle a good mix of debt obligations, creditors are more likely to lend to you, and your FICO score is liable to benefit.
The truth in lending act applies to individuals as well as businesses, and four conditions must come into play: the lender must offer credit to the customer; the entity must make offers of credit more than 25 times per year or five times per year for transactions secured by real estate; credit transactions must include finance charges or written contracts covering more than four installment payments; and creditors must extend the credit for personal, family, or household reasons.
In that time frame Trustees have gained experience understanding what creditors want, banks & lending institutions are more familiar with the option and are more likely to participate, and consumers themselves are becoming more aware of a consumer proposal as an alternative.
Having a record of good debt payments will prove that you can handle future debt well, making creditors more willing to lend to you.
As soon as the customers and creditors of a company like Lehman start to wonder whether it might collapse, they become less willing to lend or to trade, and more likely to demand their money back.
The Bureau believes that creditors will be able to provide reliable estimates based on the six items that together constitute an application under the final rule and that, by receiving cost estimates earlier in the mortgage lending process, consumers will have the opportunity to compare several different offers at the same time or more time to shop for a better deal.
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