Sentences with phrase «loan applicants with poor credit»

As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates - worsening already critical fraud and delinquency problems in the mortgage market.

As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates — worsening already critical fraud and delinquency problems in the mortgage market.

Not exact matches

There is a certain logic to that idea, of course, but as long as an applicant can get loan approval with poor credit scores, there is always the chance to secure the funds needed to alleviate the financial burden.

Loans are not supposed to be available to applicants with poor credit histories.

While a guaranteed approval on loans with poor credit is never completely assured, it is much more likely that a successful applicant can be made at a bank where the account of the applicant is set up, and has been for some time.

These personal loans with bad credit tend to have very poor terms, not just because they are unsecured but also because the applicant has a bad credit score.

Lenders who are offering personal loans that are unsecured would of course be on red alert if they meet an applicant with poor credit rating.

In addition, they can find the lenders who specialize in various market niches that many other lenders avoid, such as loans to applicants with poor credit ratings, loans to borrowers who do not intend to occupy the property, loans with minimal or no down payment, and so on.

Apply with bad credit - If you are having trouble getting a loan from traditional lenders because of a poor credit score, payday lenders do not require applicants to have a perfect score.

It stands to reason that lenders are more likely to grant loan approval with poor credit histories to applicants who are recovering their credit reputation, and strengthening their position than to those who are going in the other direction.

A bad credit personal loan is particularly useful for applicants with thorny credit issues such as bankruptcy or with no credit or poor credit.