Sentences with phrase «good credit risk»

People who make all their payments on time are considered good credit risks.

From a lender's standpoint, «a low balance - to - limit ratio is a strong indicator of good credit risk,» he says.

It's a single number which to a degree is an indicator of how good a credit risk you are to a lender.

According to Carmichael, Lending Club borrowers are «better credit risks if they write in complete sentences,» claiming that such a detail could serve as an indicator of education level and, by extension, creditworthiness.

And, as these small - business borrowers began repaying their loans, the banks saw that several of the sectors that they had once deemed too risky — agriculture, tourism and women - owned businesses — were actually good credit risks.

The idea is not so farfetched when you reflect that many companies are now much better credit risks than their governments.

«Many of these individuals are perfectly good credit risks and have good incomes, but up to this point they've been unable to get the benefit of their prompt payments and prudent financial management,» Sharga said.

But a TransUnion report in 2011, Life after Foreclosure and Hidden Opportunities, said «life event» defaulters who missed loan payments during the recession «are otherwise good credit risks,» whose short - term woes were not symbolic of some larger economic flaw.

In my experience, those holding this visa are highly educated with desirous skill sets, are well compensated and usually have very little debt which makes them very good credit risks (holy run - on sentence).

Feeling that these young professionals and young entrepreneurs would be good credit risks Girouard formed Upstart.

Like FICO, the VantageScore rewards better credit risks with higher scores.

Because banks are seeking good credit risks, they will be looking not just at your income, but also at debts, credit history, collateral, and stability (how long you've been living in the same place).

In this respect the mere fact that the vendee under the installment land contract is not so good a credit risk as the trustor - vendor, while significant, would not be in itself determinative.

They're sniffing me out as a potentially good credit risk who likely won't miss payments or default on what I owe and they don't want any part of that drama.

«Our blue - collar borrowers, in many cases, proved much better credit risks than their higher - income brethren,» Buffett wrote.

«Many of these individuals are perfectly good credit risks and have good incomes, but until this point they've been unable to get the benefit of their prompt payments and prudent financial management,» Sharga continues.

Any funding should be used to work toward the goal of making the company and the owner a better credit risk in the future.

If you are a good credit risk, and you are looking to buy, lenders are more likely to give you a good deal if you let them know you are shopping around.

It's like your credit card company's lowering the interest rate on your credit card because they view you as a better credit risk.»

And the on - time payments will show up on your credit report, showing other lenders that you're a good credit risk.

Your goal is to show credit card companies that you are a good credit risk.

FICO helps banks, credit card issuers, auto loan companies and other lenders decide if you're a good credit risk.

When you decide to apply for a new private student loan, or refinance your existing federal and private student loans, you can expect to have your credit history and credit score checked by the lender to ensure you are a good credit risk...

If you continue to pay your bills, you'll be considered a good credit risk.

This will help show potential investors that you're a good credit risk, and it will also help you pay off your loans more quickly.

Your most recent bill - paying behavior (18 to 24) is the most important to deciding whether you are a good credit risk.

Having credit card accounts which you keep paid off shows the credit scoring models that you are a good credit risk.

Instead, they look at a borrower's degree, income, and the value of their education to help them decide whether they are a good credit risk.

Demonstrates to lenders that the individual is a good credit risk / exceptional borrower.

If you have an existing FHA mortgage, you've already proven you are a good credit risk for an FHA - guaranteed loan.

As John Ulzheimer, a credit specialist and former manager at credit score provider Experian, said, «Just because the lien or judgment information has been removed and someone's score has improved doesn't mean they'll magically become a better credit risk.»

Critics of FHA's low down payment requirement suggest that borrowers who have more «skin in the game,» meaning money invested up front, are a better credit risk than those depending on others to cover their closing costs and down payment.

If you have a good record with your existing credit card issuer, they are likely to see you as a good credit risk and worthy of an upgrade.

Your report records payments you have made on credit cards, installment loans, and other credit accounts and helps creditors predict whether you are likely to be a good credit risk.

Either way you go - $ 0 balance or 1 % credit utilization ratio - you will be showing the credit bureaus that you are a good credit risk.

The rating places you in a good, average or poor credit rating category which lenders use to determine whether you are a good credit risk for them to grant you credit.

Then, again using statistical methods, a creditor will weigh each of these factors based on how well each predicts who would be a good credit risk.

Monitoring these metrics — online sales and shipping history, customer interaction via social media, and accounting files — allows Kabbage to determine whether your business is a good credit risk.

The fact is that all legitimate creditors want to know whether you are likely to be a good credit risk.

A creditor will use all of the gathered financial information to determine if you are a good credit risk, and if so, how much credit you can receive and how much it will cost you in interest.

From what I can see this woman does not present a good credit risk.

Draw funds only if needed, but set it up while you're still working and the bank thinks you're a good credit risk.

Delinquency issues for mortgage payments aside, loan officers still require proof you are a good credit risk.

The scoring models look at several factors in an effort to ascertain whether you are a good credit risk.

Just like with Credit Cards, they understand you are now a better credit risk after your case is filed.

In reality, however, if you're a good credit risk for an apartment, Arizona Renters Insurance won't be expensive.

Potential lenders use Fair Isaac's FICO score to determine whether you would be a good credit risk.

A credit report is an accumulation of information about how you pay your bills and repay loans, how much credit you have available, what your monthly debts are, and other types of information that can help a potential lender decide whether you are a good credit risk or a bad credit risk.