Sentences with phrase «how alternative credit scoring»

A diverse group of housing industry stakeholders participated in a credit access symposium recently to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts.

Housing industry stakeholders discussed how alternative credit scoring models could expand access to mortgage credit for responsible borrowers.

Not exact matches

The free credit score alternatives will not be taking in consideration by a lender but they can be useful if you want to track you credit ratings and see how you can improve your credit.

It is important to determine how severely a foreclosure will affect your credit score if there are no other alternatives.

Alternative scoring models simply use different sources, which creates confusion for someone unsure how to best present themselves for a credit check.

In other words, it appears to be your responsibility to present the lender with your PRBC alternative score, and up to them how they factor it into the credit decision.