Sentences with phrase «heavily on credit scores»

For example, if your credit history is shaky then you may want to find a company that does not rely so heavily on credit scores.

If you have a good relationship with your local bank, that is another choice, but banks are for - profit companies who rely heavily on credit scores to set their interest rates.

Banks rely heavily on credit scores to determine initial credit card interest rates when opening a new account, and subsequent changes to the APR as circumstances vary over time.

Another factor that weighs heavily on your credit score is your credit card utilization: The ratio of available credit to credit used makes a big difference.

Your payment history is another factor that weighs heavily on your credit score, so work hard to clean up those errors.

This weighs heavily on your credit score.

Multiple accounts with late payments of 30 days or more can weigh heavily on a credit score.

Personal loans rely heavily on your credit score, so if you have good credit, you may qualify for a loan with a lower interest rate compared to other quick loans.

Because the loan is unsecured, lenders rely heavily on your credit score and history during the underwriting process.

Not exact matches

Until your business reaches a substantial size ($ 5 million to $ 10 million in annual revenue or more), the bank is going to rely heavily on your personal financial statement and personal credit score to determine the creditworthiness of your business.

Plus with a personal loan, you transform credit - card debt, which weighs heavily on your score, into a far less prohibitive form of debt.

Because so many lenders weight personal credit score heavily when evaluating a small business» credit worthiness, it makes sense there would be some confusion on the topic.

By looking at small business lending and the qualification process differently, these lenders are turning traditional credit models that rely heavily on personal credit score and specific collateral on their heads.

All of these different credit scores rely heavily on the payment history a company has with its previous suppliers, creditors, and lenders.

Seeking new credit lines is a negative in the credit bureaus» credit score algorithms and, besides, until 12 months of payment history exist for each of the new accounts, the effect on a borrower's credit score is heavily muted anyway.

As with other forms of debt, the margin and interest rate that a borrower receives on a variable rate loan are heavily dependent on credit score, lender and loan product.

Conventional loan rates are heavily based on credit score, more so than rates for FHA loans.

Whether or not you're able to make your repayments on time is the most heavily weighted factor credit bureaus consider when calculating your score.

To TNTP's credit, the report's recommendations steer clear of quick fixes, such as relying heavily on student test scores to evaluate teachers.

Credit reports and credit scores weigh heavily on the minds of consumers, especially when they need to borrow money for a house or Credit reports and credit scores weigh heavily on the minds of consumers, especially when they need to borrow money for a house or credit scores weigh heavily on the minds of consumers, especially when they need to borrow money for a house or a car.

Of course, how much you'll pay, or whether you'll get a loan at all, is heavily dependent on your credit score.

As with other forms of debt, the margin and interest rate that a borrower receives on a variable rate loan are heavily dependent on credit score, lender and loan product.

Seeking new credit lines is a negative in the credit bureaus» credit score algorithms and, besides, until 12 months of payment history exist for each of the new accounts, the effect on a borrower's credit score is heavily muted anyway.

So, make those payments on time every time solely because your payment history factors so heavily into your overall credit score.

Because so many lenders weight personal credit score heavily when evaluating a small business» credit worthiness, it makes sense there would be some confusion on the topic.

Being able to get low - interest rates on revolving credit, installment loans, and even necessities like car insurance depend heavily on an individual's credit score and other factors affecting creditworthiness.

Your loan application is heavily dependent on the credit score.

By looking at small business lending and the qualification process differently, these lenders are turning traditional credit models that rely heavily on personal credit score and specific collateral on their heads.

However, these same credit scoring models are also designed to focus heavily on what's called your credit utilization ratio.

All of these different credit scores rely heavily on the payment history a company has with its previous suppliers, creditors, and lenders.

Refinancing your student loans is heavily reliant on your credit score.

After working so hard to repair your credit score, the worst thing that you can do is to start relying on these credit cards too heavily.

In terms of the impact each type of credit has on your score, revolving credit tends to weigh a little more heavily.

The scoring change is heavily dependent on where the credit score was before the negative event took place.

Car loan interest rates are heavily based on your credit score.

Lenders today rely heavily on your three - digit credit score to determine if you qualify for a loan and at what interest rates.

Whether or not you're able to make your repayments on time is the most heavily weighted factor credit bureaus consider when calculating your score.

This factor is very important because your debt - to - credit ratio weighs heavily on your FICO score.

«(Your insurance) agent may be able to give some guidance on which insurers weigh (your credit - based insurance score) more heavily than others,» Barry says.

However, given the information that banks and credit card companies ask on their applications, it is not difficult to interpret some factors that weight heavily on your score.

In general, there are five things you should know about how a score is calculated using information on your credit report, some that weigh a little more heavily than others.

For instance, if you have a low credit score, if you have borrowed heavily against your house, and if you lack a good fire and security system on premises, carriers may penalize you.

Private student loan interest rates are based heavily on credit, which is built over time and may be difficult to quickly improve (see Tips to Improve Your Credit Scredit, which is built over time and may be difficult to quickly improve (see Tips to Improve Your Credit SCredit Score).

However, getting a personal loan depends heavily on the strength of your credit score.

Ironically, this is part of the reason why even people who have never been late with a credit card payment, own their own car and rent can still end up not having as stellar a credit score as someone who is heavily indebted with a mortgage and car payments — that diversity of credit helps, as long as payments are being made on time.

After that the amount of money you still owe weighs heavily on your score with the length of credit history, any new credit you have gotten and the types of credit in your history following last, almost equally weighted.

Pay off debt quickly and not being heavily reliant on credit actually hurts your score.

Coping with a bad credit score can be tough as most monetary companies rely heavily on your funds management history to establish your eligibility for particular products and services.

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.

CFPB: Credit scores for medical debt are unfair — Study by consumer watchdog agency finds that medical debt collection weighs too heavily on people's credit scores... (See Medical debt and credit sCredit scores for medical debt are unfair — Study by consumer watchdog agency finds that medical debt collection weighs too heavily on people's credit scores... (See Medical debt and credit scredit scores... (See Medical debt and credit scredit scores)