Sentences with phrase «denied by other lenders»
While the APR is high, the product is available to those who might get denied by other lenders.
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Not only can a deluge of inquiries hurt your credit score, but it can also be unappealing to lenders, since it implies you're desperate for credit or are being denied credit by others.
Normally you have to be flat - out denied financing by the lender in order to get a refund; in other words, you can't bail scot - free because you didn't like the interest rates offered.
If you've never had a credit card, car loan, mortgage or any other type of loan or any credit history, then you'll likely be deemed as having no credit and could be denied by lenders as being high risk, simply because they have no data to show whether you're a reliable borrower.
Normally you have to be flat - out denied financing by the lender in order to get a refund; in other words, you can't bail scot - free because you didn't like the interest rates offered.