Sentences with phrase «influence over their credit score»

Not exact matches

Routinely using and making timely payments on a secured card account are just two of the many factors that influence changes in credit scores over time.

So, the credit score has an indirect influence over the affordability of an unsecured personal loan.

While credit score that an applicant has no great influence over success or failure of a mortgage loan with bad credit, lenders do take an interest in recent activities that may have affected the score.

The fact is that low credit scores are not enough to see an application rejected, but they do have an influence over other loan factors, such as the interest rate charged and the loan limit.

While credit scores have no great influence over the approval process, they do have a say in the interest rate that is charged.

One number, between 300 and 850, has a great deal of influence over your financial future: Your credit score (sometimes referred to as your FICO score).

It is a common misconception that credit scores are the key factor in the approval process, but the truth is aspects like rate of interest and the debt - to - income ratio have a far greater influence over the matter.

Not every company asks for it when you get a quote, but a glance at insurance company rate manuals, as well as several studies from over years makes it very apparent they are using your credit score to influence your rate.

This is why it's such great news that direct cash advance lenders use a different set of criteria to make their decisions, rather than simply that one credit score that has such overwhelming influence over most credit approvals.

Day to day spending of «petty cash» adds up to a considerable amount over the course of a year and it could be enough to clear one of your outstanding high interest debts and having a direct influence on your credit score and credit report.

Love them or hate them, good or bad, your credit scores are going to wield considerable influence over you for...

While your personal credit can influence your ability to obtain a business credit card, your company will also develop its own business credit score and history over time.