Sentences with phrase «emphasis on your credit score»

In the past, lenders didn't put too much emphasis on credit scores.
Lenders place a lot of emphasis on your credit score because it's a reflection of your ability to meet your financial obligations.
In the past, lenders didn't put too much emphasis on credit scores.
Lenders place a lot of emphasis on your credit score because it's a reflection of your ability to meet your financial obligations.
Since an unsecured business loan involves a higher risk on the lender's behalf, lenders put a great deal of emphasis on credit score and business performance.
Unlike loans for a car or house, personal loans are unsecured and not backed by collateral, so lenders place a lot of emphasis on credit scores for determining who they approve and the interest rate a borrower may receive.
Lenders (and investors in the secondary mortgage market) are putting more emphasis on credit scores as a risk - management tool.
People with bad credit should consider nontraditional financing options — which tend to place less emphasis on credit scores — before giving up on getting a loan.

Not exact matches

Although most banks use scores calculated by credit bureaus to evaluate loan applications, the emphasis each bank puts on the scores varies.
Mortgage lenders today are putting a lot more emphasis on the borrower's credit score (among other things).
One of the worst arguments is that by placing so much emphasis on standardized test scores, children may never grow up to question their standardized credit score as a measure of their worth.
The lender can also have the generator place a greater emphasis on a personal credit profile instead of other credit factors; that is, they can opt for the personal credit profile to be considered as the highest determining factor when generating a score.
Instead of focusing on your credit scores, they will put more emphasis on your propensity to repay the borrowed money.
LightStream doesn't publish a minimum credit score requirement, and this combined with their emphasis on well - qualified borrowers makes them unlikely to be a good choice for those seeking a debt consolidation loan on high - interest cards or wanting to raise their credit score.
Scores reflect credit payment patterns over time with more of an emphasis on recently reported information than older information.
Mortgage lenders today are putting a lot more emphasis on the borrower's credit score (among other things).
This is because National Funding places more emphasis on your business's ability to repay its debts than its credit profile, which helps applicants with fair to average credit scores qualify for funding.
Make sure you put the most emphasis on payment consistency and regularity because ultimately, payment history is the main judge of your credit score.
Title lenders take the emphasis off of your credit score and your job and refocus it on the value of your vehicle.
Although your business credit score is still a factor with short - term business loans, lenders who offer them often place less of an emphasis on it.
Therefore, we place much more emphasis on references, employment history, and honesty than credit scores.
Consumers should generally not put too much emphasis on utilization, as the effects on your credit score are minimal unless you begin going over 50 % utilization.
You've made some fantastic pointers there on spending — especially the emphasis on reviewing your credit score on a regular basis.
While a credit score reflects credit payment patterns over time, there is an emphasis on recent information.
There is no minimum credit score needed to be eligible, and Kabbage places an emphasis on evaluating your business's revenue and financial history when approving you for a loan.
Some insurers use their own scoring models, while others use outside vendors, and different insurers may place greater emphasis on different aspects of your credit report in computing your score, said Lamont Boyd, insurance industry director for scores and analytics at FICO, which provides insurance - scoring software in addition to traditional credit scores.
Mortgage lenders today are putting a lot more emphasis on the borrower's credit score (among other things).
Different lenders have different standards for credit scores, and how much emphasis they place on them.
The most emphasis, 35 % of the overall score, is placed on payment history which reflects whether the borrower paid on time and as agreed by the terms of the credit.
The newer credit scoring models put less emphasis on the impact of unpaid medical bills, and the effect of missed payments on debts that have subsequently been paid off is eliminated.
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