Sentences with phrase «give the lender deeper»

While that is partially true the real role of the cosigner is to give the lender deeper pockets to go after in case of default.

Not exact matches

A hard credit inquiry normally gives a lender or creditor a deeper look at your credit report including credit and payment history, how you handle debt, any negative actions (i.e. bankruptcy) and of course, your credit score.

For pre-approval, the lender digs deep into your credit report and gives you the exact loan amount.