Sentences with phrase «indicated by their credit scores»

The subprime category also includes borrowers with «reduced repayment capacity» as indicated by their credit scores or debt - to - income ratios.

This is often indicated by your credit score dipping below 549, which signals to lenders that you may be a risky debtor.

The subprime category also includes borrowers with «reduced repayment capacity» as indicated by their credit scores or debt - to - income ratios.

Not exact matches

The score is modeled after a credit score, so a low score indicates a fake profile and a high score indicates the account is backed by a real person.

A government analysis indicates basis points were higher by 29 (0.29 %) for African Americans, 22 (0.22 %) for Asians and 20 (0.20 %) for Hispanics, Ficklin says, adding that credit scores were not a factor in gauging rate disparities.

I've looked at the credit scores indicated on my latest statements from each of these cards, and the scores vary by up to 59 points.

Credit scores are ratings used by banks and other lenders to indicate the creditworthiness of a potential borrower.

Credit scores indicate your likelihood of repaying money you have borrowed, and are made up by numerous things ranging from your current amount of debt to any late or non-payments you may have made.

Credit scores in this range indicate the applicant's reputation is uncertain and will require a thorough analysis by the underwriter of the credit to draw a logical conclusion about the applicant's commitment to making payments on the new mortgage obligCredit scores in this range indicate the applicant's reputation is uncertain and will require a thorough analysis by the underwriter of the credit to draw a logical conclusion about the applicant's commitment to making payments on the new mortgage obligcredit to draw a logical conclusion about the applicant's commitment to making payments on the new mortgage obligation.

Much of the information I stumbled accross (including a short article written by an esteemed member of this site) around the internet indicates that having a credit card utilization of 0 % is a significant negative impact on one's FICO score.

That by itself can indicate a pattern of nonpayment, which can have an even more disastrous impact on future business dealings than an impaired credit score.

How much you owe, and whether you make regular payments, as well as how desperate you seem for credit (as evidenced by hard inquiries) can indicate your ability to repay a loan, and these items are taken into account in your score.

Even when an account has never been delinquent, the credit bureau description indicating a debt has been settled or reduced payments are being accepted tends to be considered negatively by most credit scoring models, including FICO, and can have a devastating effect on your scores.

By comparison, Discover's typical student loan borrower has a credit score of 722, and 733 when counting cosigners, which indicates a marginally greater likelihood of acceptance.

A study conducted by the Federal Reserve Bank of Cleveland concluded that lower credit scores do in fact indicate higher likelihood of mortgage default.

That being said anything over a score of 780 indicates a history of good credit and will likely result in you having a high FICO score (used by 90 % of lenders) as well.

Your credit score is a three - digit number generated by a mathematical formula using information in your credit file to indicate the likelihood of whether you will become 90 days or more past due on your accounts at some point in the two years following the score being calculated.

By the way, the initial impact is worse for folks with high credit scores, since it indicates a departure from previous form.

This was a reference to studies FICO and VantageScore conducted last year that indicated their credit score models would be little affected by the removal of public records.

A hard inquiry typically dings your credit score by five points or fewer, but a flurry of them over a short period can lead to a significant score drop, as it indicates that your financial situation may be in flux.

Constraining the covariance between credit scores and heart age to its initial level, absent adjustment for childhood factors, resulted in significantly poorer fit -LCB-[Δχ2 (1), n = 817] = 3.97, P = 0.046 -RCB-, indicating that a significant portion of credit - score - to - heart - age covariance in adulthood was accounted for by the characteristic behaviors, skills, and attitudes study members developed in their first decade of life.