Sentences with phrase «decision on credit score»

Those who offer this loan do not base their lending decision on credit score because they are in the real estate business where equity holds more value.

One of the main challenges of getting a loan for your small business from traditional lenders is that they base the majority of their decisions on a credit score.

This is much unlike banks that base lending decisions on credit score.

The information from credit scores can guide Credit Karma users into better credit health by monitoring the effects of their financial decisions on their credit scores when the change happens, and adjust their actions accordingly.

Not exact matches

Since most lenders will look closely at your credit history prior to making a decision, keep an eye on your credit score and anything in your credit report that might be a red flag.

The statements that «90 % of top lenders use FICO Scores» and «FICO Scores are used in 90 % of credit decisions» are based on a third - party study of all versions of FICO Scores sold to lenders, including but not limited to scores based on FICO ScScores» and «FICO Scores are used in 90 % of credit decisions» are based on a third - party study of all versions of FICO Scores sold to lenders, including but not limited to scores based on FICO ScScores are used in 90 % of credit decisions» are based on a third - party study of all versions of FICO Scores sold to lenders, including but not limited to scores based on FICO ScScores sold to lenders, including but not limited to scores based on FICO Scscores based on FICO Score 8.

Scores Equifax sold to consumers were based on Equifax's proprietary model, the Equifax Credit Score, which is an «educational» credit score that also is typically not used by lenders to make credit deciCredit Score, which is an «educational» credit score that also is typically not used by lenders to make credit decisScore, which is an «educational» credit score that also is typically not used by lenders to make credit decicredit score that also is typically not used by lenders to make credit decisscore that also is typically not used by lenders to make credit decicredit decisions.

Don't let poor credit determine your decision to become a successful entrepreneur; ATO's business model isn't based on credit scores.

I do believe decisions can be made using credit scores and gathering information about a firm's presence on social media to decide if they are a vibrant and active entity.

Your decision may initially be based on your credit score.

This is characterised by a preference for short - term business loans, centralised credit - scoring techniques to make decisions, a need for high quarterly returns on equity and a strong preference for collateral.

If the algorithm based its decisions on race or some race - related variable like zip code that shouldn't affect credit scoring, that would be a problem.

Speaking to Variety's chief film critic Scott Foundas, Mann discusses growing up in Chicago, becoming interested in crime stories, the visual ideas he had for the film, the nonfiction book he discarded but still credited, the influence of real criminals and past films (particularly his eye - opening time shooting The Jericho Mile in Folsom Prison), choosing Tangerine Dream to do the score (a decision he still second guesses), the film's writing (including basing characters on real crime figures), casting, explosive stunts, changes made from the shooting script, and the modernist narrative.

You have made good credit decisions, made every payment on time, and likely have spent years, if not longer, actively trying to either improve your score or maintain it.

Medical debt often appears as negative payment history on credit reports, which then affects generic risk scores used to make lending decisions.

Therefore, if the bank insists on running your credit score as a stipulation for the loan and you know you have a bad score that will impact their decision, walk away and find a lender who will follow the rules and leave your credit score out of this.

Our network of private lenders in this city do not reach a decision based on credit score, allowing bankrupt and those faced with consumer proposals to get much - needed loans.

I resist the pressure from credit score marketers (and, surprisingly, many personal finance «experts») to consider first in every money decision the impact on my credit score.

Some lenders depend only on LTV to make lending decisions but some are sensitive to credit scores and the borrower's employment history.

The decision is not based on the your credit score.

Most big decisions in your life involve — and even depend on — your credit score.

Still more companies request your credit score but don't make their credit decisions based solely on your score.

Most lenders base their decisions based on your credit score, along with a handful of other factors.

For most of us, our credit scores are an excellent predictor of whether we'll pay back a loan, and banks have long relied on them to make automated yes / no decisions about offering credit.

This might be the most important metric but some lenders also make their decisions based on credit score and employment history and other parameters.

Rather than your credit score, bad credit lenders will look at the debts on a property to inform their lending decision.

Instead of basing their approval decisions primarily on applicants» credit scores, they have created a proprietary set of criteria that include factors such as income, employment history, and other relevant current circumstances, and use this as the basis of their determination.

Banks usually rely on credit score to inform their lending decisions but that doesn't seem to bother private lenders, who rely on loan to value instead.

Their decision is not based on credit score but rather on equity presented as loan security.

This is different from banks that solely focus on credit score when making lending decisions.

Our network of bad credit lenders in Sault Ste. Marie do not rely on your credit score to make a lending decision.

The private lenders» approval criteria are much different from banks that rely on credit score to inform lending decisions.

Credit scores are used by lenders to determine how likely you will be able to repay your debt, and thus make their decision on whether or not to offer you a loan and what your interest rate or down payment may be.

The credit scores used in most lending decisions currently do not distinguish between folks who carry balances on credit cards and those who pay them off each month.

It's worth noting that the decision by the credit bureaus to not include tax lien and civil judgment decisions on credit reports could be the catalyst for more misleading credit scores for consumers.

In fact, some online companies like SoFi and Earnest don't use FICO credit scores to determine their lending decisions and instead focus on things like cash flow, savings, income potential, and employment history.

Also, some private lenders don't make decisions based strictly on your FICO credit score.

Do your research, only apply for credit products you need, and understand what a specific credit card is contributing to your score before making the decision to close it (that first college credit card may have a low limit and no rewards, but if it's adding a few years on to your credit history, it's best to keep it in

It will help you to make better decisions and give you the energy to focus on bringing in more income and coping with the stress that you are currently under, not to mention the positve effects it can have on your credit rating, debt recovery, FICO ® credit score, and credit report.

Such companies make their lending decisions based on various factors, not just your credit score.

Applicants typically receive a decision on their credit approval upon submitting the online form, but if more credit score review and financial history / background checks are required, then it can take up to 15 business days for Capital One ® to process your application.

Your credit score can also move up or down based on your financial habits and decisions.

Credit score is used by lenders to make decisions on whether or not you qualify for their services.

When you apply for credit, the creditor will base on your FICO score to make a decision.

Institutional lenders need credit scores before making a decision on loans.

Loan approval or denial is generally a decision based on credit score which is determined by your credit history.

On its Web site it boasts that it influences more than 13 billion credit decisions each year and has sold more than 10 billion FICO scores since 1985.

The modern numeric credit score emerged in 1989, and it uses logistic regression to make informed decisions on a consumer's creditworthiness.

«We are surprised that Experian made such a decision, particularly given what's going on in the national economy and with consumers being concerned about their credit standing,» said Tom Quinn, vice president for scoring at Fair Isaac.

Lenders use credit scores to makes decisions on the interest rates on your credit instruments or loans, issuance of loans or credit cards, and increasing credit... Read more»