Sentences with phrase «little credit history»

For students with little credit history, this might be a challenge.

When I was young and had very little credit history, I remember having to pay security deposits for things like my new cell phone plan and the utility bill.

The first is for those who have little credit history at all.

Independent research has been done to make sure that credit scoring is not unfair to minorities or people with little credit history.

Credit cards for department stores and gas stations are usually easy to get when you have very little credit history, so you might want to start there.

Anna explained that Upstart secured differentiated underwriting targeting a demographic of younger borrowers early in their career or with little credit history in order to offer more options.

What is still to be determined is how they will affect the financial credit markets as many Millennials have very little credit history currently.

As an illustration, a college student with little credit history on file might get a 100 - point increase in her FICO score by virtue of being an authorized user on her mother's VISA card with perfect payments stretching back to the 1980s.

Subprime loans were created to help people with poor or little credit history qualify for loans and aid them in buying a house, car, or financing other things that they may not be able to fund on their own.

Too often, the companies that offer secured cards do so to prey on those with poor or little credit history by charging exorbitant interest rates and outrageous fees.

First - time home buyers with little credit history or a poor credit profile might consider applying for an FHA mortgage rather than a conventional loan.

Cross-border credit - reporting agency, focusing on immigrants who may have prime ratings but little credit history in the U.S.

While a poor credit history will invariably count against you, having little credit history at all makes you an unknown quantity — and therefore a potential risk in lenders» eyes.

Other reasons your application response may be delayed include too many recent accounts (think Chase's 5/24 Rule) or too little credit history.

Antunovic says it's been hard to get bank loans because the e-retailer has little credit history.

The rewards are above average for students with little credit history - making it a comfortable option, especially if you travel outside the United States.

That can be a good thing if you have little credit history, or would be considered a high - risk borrower by a private lender.

If eligible for a government loan, choosing the federal fixed rate option is best for those who have little credit history or a bad credit score.

I came to Cash and Finance Auto and they approved me for a car with my little credit history.

Lower - income customers or customers with credit issues (like students or other people with little credit history) may have access to «no frills» checking accounts which don't charge fees for certain aspects of the account in exchange for a limited checking account experience.

This can especially make the difference for a consumer with bad credit or little credit history to their name.

If eligible for a government loan, choosing the federal fixed rate option is best for those who have little credit history or a bad credit score.

If they have little credit history, the creditor will most likely charge a higher interest rate for their first loan.

The fact that there's no evaluation of the borrower's ability to repay federal loans can be a good thing if you have little credit history, or would be considered a high - risk borrower by a private lender.

For example, FHA if a borrower has little credit history, FHA does take into account compensating factors such as higher household incomes and larger reserves.

Individuals with less than perfect credit or bad credit or little credit history can benefit from having a co-signer on a loan.

Student credit cards like the Journey ® Student Rewards from Capital One ® card offer students with little credit history the chance to demonstrate they can use debt responsibly, for example, by making their monthly payments on time.

The rewards are above average for students with little credit history - making it a comfortable option, especially if you travel outside the United States.

College students have little credit history, and often lax protection behavior, making them an easy target for identity thieves.

For people who have little credit history, it opens up lending opportunities to populations of borrowers who can't get approved for loans from other lenders.

Credit builder loans are targeted towards people who have thin credit files with little credit history or those who have less than ideal credit and want to improve their scores.

18 - year - olds with little credit history can borrow up to a fixed amount for the first year of undergraduate studies.

First - time home buyers with little credit history or a poor credit profile might consider applying for an FHA mortgage rather than a conventional loan.

Chances are, most students have little credit history and, therefore, may not be trusted as much.

Borrowers with little credit history or bad credit scores often need cosigners in order to qualify for private student loans.

If you're a borrower with poor credit or little credit history, OneMain Financial may be a great place to get a loan that meets your needs.

Maybe a post on credit cards that people with no / little credit history can get would be a better idea, what do you think?

To help those with little credit history, the bureaus now use more kinds of payments in their profiles.

If you have little credit history, or a high debt to income ratio, we'd recommend starting with CommonBond and SoFi.

Those with a poor history do poorly; but so do those with little credit history, as then predicting is tough.

Borrowers with poor or little credit history or a high debt - to - income ratio are able to qualify for subprime loans.

All subprime loans function similarly because they're a loan for those borrowers with a high risk of defaulting due to low credit scores, poor or little credit history, a high debt - to - income ratio, or other factors.

Can be a good starter card for people with little credit history, interested in the FlexPerks program

If you have fair or poor credit or little credit history, a credit union is going to be more likely to approve you for a credit card at a reasonable rate than a traditional bank.