Sentences with phrase «few types of credit scores»

Not exact matches

Below 579 (Bad): There is some financing available for borrowers with this type of credit score, but it's considered a high - risk score and will likely come with fewer options and higher interest rates.

It will take a few minutes to type in all of your information and get your score, but you can definitely get a completely free credit report from any of the three major credit bureaus on that website.

Below 579 (Bad): There is some financing available for borrowers with this type of credit score, but it's considered a high - risk score and will likely come with fewer options and higher interest rates.

I realize that a few folks posting here believe that these actions might make FICO scores somewhat useless in another year... but if I were the suspicious type, I'd be betting that a reduction in average FICO scores for Americans on a massive scale — the scale that can be created by reducing credit limits suddenly on many millions of card holders — is something that the Credit Industry is betting will become its * salvation * in a few more years, aside from simply «reducing their exposure to risk» credit limits suddenly on many millions of card holders — is something that the Credit Industry is betting will become its * salvation * in a few more years, aside from simply «reducing their exposure to risk» Credit Industry is betting will become its * salvation * in a few more years, aside from simply «reducing their exposure to risk» today.

Having a long history of many pulls for various types of credit can lower your score, but over a short period a few pulls for one type of purchase (such as an auto loan or mortgage) should not significantly affect your score.

«A high FICO score can best be achieved by regularly and responsibly utilizing a few accounts of different types, while always paying on time, keeping balances low and applying for new credit only when needed.»

Every time you apply for a credit card, loan or any other type of credit, the lender does a hard credit check that can temporarily knock a few points off your credit score.

According to agents, many companies in California — including Safeco, Fireman's Fund, Allstate and CSE to name a few — use some type of credit or insurance score as one factor in underwriting new business.

Credit card companies, auto dealerships and mortgage bankers are a few of the type of institutions that will assess your credit score before deciding if and how much they are willing to lend you and at what interestCredit card companies, auto dealerships and mortgage bankers are a few of the type of institutions that will assess your credit score before deciding if and how much they are willing to lend you and at what interestcredit score before deciding if and how much they are willing to lend you and at what interest rate.