Sentences with phrase «loan customers frequently»

The study found that while payday loan customers frequently do not have perfect credit scores, their average household income generally falls below $ 50,000 but above $ 20,000.

Not exact matches

In a report titled «Three Myths about Peer - to - Peer Loans,» the authors called into question a narrative frequently told by digital lenders — that the sector's customers typically refinance existing debt at lower interest rates, boost their credit scores and improve their financial health.

For example, a real customer from Texas we'll call Kelly, who joined the LendUp community in early 2015, exhibited borrowing habits similar to what the CFSI calls a «misaligned cashflow borrower» (described by the CFSI as those who «tend to access small dollar credit amounts frequently to pay bills when income and expenses are mistimed... 42 % take out 6 or more loans per year, and 16 % take out more than 12 loans per year»).

In an effort to educate our customers, we've compiled a list of frequently asked questions regarding Auto Title Loans.