Sentences with phrase «financial credit history»

A credit report is the treasured reserve of a person's financial credit history.

Not exact matches

Bankers look at your personal credit history (credit cards, mortgage payments and personal bills) to get a sense of your track record with financial responsibilities, says Michael Toth, Senior Vice President of Business Banking at KeyBank.

Essentially, a company credit report gives you the benefit of seeing an objective summary of a company's credit history and from this you get its credit score, which is used by all financial institutions in assessing credit worthiness.

Verizon Mobile Banking Banks it works with: America First Credit Union, Arvest, Bancorp South, BECU, FirstBank, Regions, South Financial, SunTrust, Synovus, USAA and Wachovia What you'll like: Check multiple account balances and histories, transfer funds and pay bills; works on a wide range of Verizon phones What you won't like: Not all banks support all of its features, like bill pay; it doesn't find you the closest ATM or bank

She spotlights efforts by credit reporting agency Equifax and LexisNexis Risk Solutions, which helps consumers assess financial risk, to mix up the way we calculate credit scores to take into consideration one's history of paying utility, cable, and cell - phone bills.

BofA emphasized growing with today's customers, the folks whose credit histories and financial needs you know, instead of luring new ones.

Fundbox uses a proprietary algorithm to gauge likelihood of repayment, starting with your financial data — including accounts receivables, client financial statements, cash flow and payment history — and moving on to public data such as credit ratings, government information and social media accounts.

This arrangement makes loans to startups and existing businesses with poor credit histories less risky for the financial institution.

Some experts have even suggested that financial institutions may want to check the credit histories of people in your online network to help determine your creditworthiness, with the idea being that people tend to share the same consumer habits as their peers.

«Every week, we continued to visit new bankers to talk about our growth prospects, our sound financial position, and our good credit history,» Wold recalls.

Banks, lenders, and investors will all look at your credit history and your credit score to see evidence of your financial responsibility.

But if you have bad credit or other red flags in your financial history, many lenders won't want to work with you.

Your business's credit scores are calculated from various traits about your company and its financial history.

Some providers can not loan money to families, as those families do not have great credit scores or financial histories.

All of this depends on your credit history and financial standing, so only student debtors who are in good standing with their loans are typically in a position to refinance effectively.

Bank of America business credit cards report both positive and negative payment history to the Small Business Financial Exchange (SBFE), thus your payment activity may show up on your business credit reports.

Similar to D&B, Experian captures information about your business» background, company financial information, credit score and risk factors, banking, trade, and collection history, liens judgments, bankruptcies, and your industry to create a 100 - point ranking for your business (but the data is weighted and scored differently than the PAYDEX score).

If you were involved in any negative financial situations in the past, those were more than likely reported to a credit bureau and form part of your credit history.

When you're starting out on your financial journey, you might not have a credit history yet.

Conversely, those with better credit scores and therefore a better financial history, normally have fewer accidents and accrue fewer traffic tickets.

Mr. McDaniel is a 15 - year veteran of the financial services industry whose work history includes positions at KBS Capital Markets Group and Credit Suisse First Boston.

Whether your business has an excellent credit history or less - than - perfect credit, we may have flexible small business financial solutions for you.

Unlike other lenders, OnDeck takes into account your full financial business story instead of just your credit history.

The lender looks for borrowers who not only have good credit scores, but have a demonstrated history of financial responsibility.

The credit bureau will also consider your business's credit history, including the length of time since your business's oldest financial account was opened, number of credit inquiries and credit utilization.

Parent PLUS loans require a strong credit history, and the maximum amount allowed is equal to the cost of attendance determined by the school, less other financial assistance received.

Obviously this set of scenarios — in which GDP grows on average at rates between 3 % and 6 % for ten years while credit efficiency is improved so dramatically that in 5 - 6 years China begins to deleverage and by the end of the period these growth rates can be maintained with no growth in credit — is theoretically possible, but just as obviously it is highly implausible, and I can not think of any country in history that has achieved such a turnaround in its financial sector without having first experienced a brutal financial crisis.

The growing availability of credit has also expanded the resources available to new entrepreneurs launching businesses, and has given many families access to the funds they need to «smooth over» periods of financial challenge.9 / At the same time, competition among lenders for individuals with solid credit histories has reduced the price of credit for those consumers.10 /

Without a strong credit history, millennials may find it more difficult to get an auto loan or a mortgage when they're ready for those financial commitments, says Kent Thune, president and owner of Atlantic Capital Investments in Hilton Head Island, South Carolina.

By making on - time minimum payments to all creditors and maintaining account balances below credit limits, a secured credit card combined with responsible financial behavior can help you establish or rebuild your credit history.

Their goal is to help you build your credit and financial history, so you can eventually qualify for bank funding.

Although most easy approval credit cards for bad credit give you a credit limit equal to your deposit, Capital One offers a $ 200 credit limit for a deposit of as low as $ 49, depending on your financial history.

Those who do not have a strong credit rating and financial history required by banks in order to access funds.

Although many lenders will offer similar rates based upon your credit score, credit history, and income, sometimes the best available rates will come from a financial institution that is familiar with you (such as your local bank or credit union) or from nontraditional sources, such as peer - to - peer lending platforms.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

When it comes to business loans, most financial institutions do not look at the applicant's gender, but only at their credit history and business practices.

Since these loved ones understand your work ethic and know you will poor your heart and soul into the business, you don't have to jump through the same financial hoops a bank would require (pulling your credit, running a background check, reviewing your work history, etc.).

The franchisor will then assess your credit history, financials, and if you have ever had experience running your own business.

Your credit history and credit score are big factors: The lender should show that you have a good record of paying your financial obligations.

A number of factors are evaluated, including personal credit history, financial statements, employment history and salary.

If your business is still in the early stages, it may be difficult to secure a loan from traditional lenders like a bank since they require a positive credit history, collateral, business plan, projected financial statements, and cash flow projections.

Name: Chris Fowler, MA Title: President and Chief Executive Officer Areas of responsibility: Executive management, strategy Years with CWB Financial Group: 27 Career history: Has served at CWB in roles with increasing responsibility since 1991, including, commercial account management (1991 - 1995), credit risk (1995 - 2008), and joined the executive team in 2008 as Executive Vice President, Banking, and then President and Chief Operating Officer Education: Master of Arts Degree in Economics from the University of British Columbia Community involvement: Trustee for the University Hospital Foundation (University of Alberta), Member of the Canadian Bankers Association's Executive Council, director with the Art Gallery of Alberta's board of directors, and campaign cabinet member with the United Way of Alberta Capital Region

The flexibility of having lower down payment requirements, tolerance for a wider range of credit histories and the potential for easier future refinancing makes FHA loans a better match for buyers that may not have the right financial profile for other types of home loans.

In addition, graduate degree holders and parents are often in a stronger financial position to refinance due to a stable income and established credit history.

The factors that determine which credit card debt consolidation option works best for you are your debt load, your credit score and history and your overall financial situation.

In theory, this type of information can be fed into algorithms that enable lenders to assess the creditworthiness of people who lack sufficient financial records or credit histories to be «scorable» under traditional models.

Similarly to business credit cards, qualifying for a personal loan will only be based on your personal credit history and financial situation, making them another common choice for new businesses.

Cosigners are a way for students with little financial history, or poor credit, to secure financial assistance.

The lender usually determines this based on your credit score and history, as well as personal income and other financial information.

Taking on too much debt after bankruptcy can put you right back where you started, hurting your financial future and credit history.