Factors including unemployment, volatile financial markets, and loss of income have caused many individuals to lose their savings and
favorable credit standing.
Not exact matches
An individual that has multiple
credit accounts open in good
standing is in a more
favorable position than an individual with just one account.
While it's not our most highly rated mortgage lender, it does
stand as a viable option if you're finding it difficult to qualify for a
favorable mortgage at other lenders because of your
credit score.
While repairing
credit after bankruptcy does not happen immediately, it does happen for individuals who take steps to restore their financial
standing — and, in particular, steps that look
favorable to lenders over time, such as consistently repaying bills and keeping low debt - to - cash ratios.
Insurance provider Progressive says that it calculates insurance scores based on several elements of your
credit report;
favorable factors may include a long -
standing credit history, a healthy mix of
credit in good
standing, no late payments, and a low
credit utilization.