Sentences with phrase «heavily on a credit check»

If you have bad credit you may be reluctant to apply for a loan as many lenders rely heavily on credit checks.

Not exact matches

«We rely heavily on credit bureaus to do KYC,» he says, adding that the new FINTRAC regulations now allow Trulioo and other data firms to use driver's licenses, customer phone bills and Social Insurance Numbers to do these checks.
Lenders will rely heavily on these to determine your loan eligibility, so be proactive about checking your report and correct any problems, which may be tanking an otherwise good credit score.
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