Sentences with phrase «good credit borrowers»

It is a great time because home values are rising and rates are still very low, with the average rate for good credit borrowers under 4 %.
Personal lenders may lend to fair or good credit borrowers who have been declined for a bank loan, but often at a higher cost to the borrower.
They recognize that just because someone has a poor credit history does not mean that they do not need a financial infusion once in a while, just as with good credit borrowers.
That means that good credit borrowers who have a mortgage that is greater than their home value will likely have no refinance options.
Traditional brick and mortar lenders such as banks and credit unions have tightened their credit requirements since the housing bust and even good credit borrowers can have a tough time wresting an unsecured loan from them.
While most likely you would be offered a loan with higher interest rate when compared to lending products for good credit borrowers, or to co-signed loans, such terms and rates would be definitely better that payday lenders would offer.
We recommend Upstart for average or better credit borrowers who want a larger loan amount.
This is due to the fact that bad credit borrowers present less certainty once it comes to future credit behavior when compared to good credit borrowers.
Compared to other lenders that cater to good credit borrowers, this is high.
If you elect to stick to one loan with mortgage insurance, rates will be more reasonable, often not exceeding 6 % for average to good credit borrowers.
For example, many lenders will only advertise the lowest interest rate they charge (for good credit borrowers).
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