Sentences with phrase «loan applicants with better credit»

Not exact matches

Generally, applicants with a better credit history will receive a lower interest rate on private student loans.

There are finance companies and other establishments that offer bad credit car loans to consumers with damaged credit, and the prospects are often better for such applicants compared to borrowers with no history.

A good or excellent credit score with a solid history — one that has no major dings for missed payments or loan defaults — is the easiest way for lenders to know that you're a trustworthy applicant, especially if you're applying at a bank.

A division of SunTrust bank, LightStream makes unsecured personal loans to applicants with strong credit scores and histories, and we think it's one of the best options in the market when it comes to personal loans.

This is why an applicant can get a home loan approval despite bad credit while another with a good credit rating might be rejected.

This means two things: firstly, the terms are better suited to low credit applicants, with lower interest rates and longer repayments terms; and secondly, that securing large loan approval is much more likely.

A lender may choose to offer a small - dollar loan to a person with less - than - perfect credit; they interest rate attached to loan may be higher than it would for an applicant with a good or great credit rating, but it is often still affordable.

When applying for home loans with bad credit, it is only logical that applicants seek the best deals they can possibly find.

As a rule of thumb, applicants with better credit receive lower APRs on their personal loans, and loans with shorter payment periods generally get higher interest rates.

While lenders typically prefer credit scores to fall in the good to excellent range, people with fair credit scores are still considered viable applicants for many loans.

Although the company doesn't specify a minimum credit score for acceptance, Earnest prefers applicants with good to excellent credit, placing the lender's offerings among the top personal loans for good credit.

The best rates on equity loans typically go to applicants with higher credit scores.

In fact, what is true is that lenders will check out the background of applicants, with a good credit history helping to seal the loan approval.

Applicants with a better credit rating increase their options for mortgage or refinance loans.

As with most other lenders that refinance student loans, it requires applicants to have good credit and a strong repayment history.

With a short credit history consisting almost entirely of student loans, and as a first - time applicant, I do not know if either of these will be good choices for me, or if I even have a chance at getting approved.

If your score is very good, you will not have a difficult time receiving loans or credit, although it still could be tough to qualify for elite level credit cards such as travel rewards credit cards which only accept applicants with an excellent credit score.

Mortgage applicants with a score higher than 700 are best poised for approval, though having a lower credit score won't immediately disqualify you from obtaining a loan.

They are entrusted with the job of determining the loan applicant's credit worthiness as well as suggesting the best financial options, interest rates, monthly payments and loan terms.

Applicants with good credit, 3 % down, and extra cash for closing costs can choose a Conventional 97 loan.

• Alternative credit information can support loan applicants with newly established credit files with good credit, those with minimal information in their traditional credit files but with good alternative credit payment histories, and long - time renters with no serious payment issues.