Sentences with phrase «lower credit rating»

The auto insurance industry has done studies which show that people with a lower credit rating are more willing to take risks driving, just like they are with their money, and that the opposite is true for people with a high credit rating.

Those with a lower credit rating are a higher risk to insure, while those with a higher credit rating are lower risks.

Top Credit Agency to Cities and States: Prepare for Climate Change or Face Lower Credit Rating (Yale Environment 360, Dec. 1, 2017)

There are credit cards out there that let you have a credit card with a lower credit rating, but many of the cards on offer have stupidly high APRs.

Some of the possible motives leading to bad credit and lower credit rating could be loosing an occupation, reducing your wages, making heavy purchases beyond your paying capacity, taking on heavy medical fees, having court cases and many others.

Sudden changes on your credit report reflect instability and can lower your credit rating instead of improving it.

There are differences across groups having well - paying jobs and having insurance to cushion catastrophic financial impact, thus increasing the probability of lower credit rating and higher indebtedness.

As a result, investors may have to place their assets with a less ideal counterparty: perhaps a bank with a lower credit rating or one in need of funds itself.

The longer and more often you do not make bill payments on time, the lower your credit rating will become.

Each hard inquiry has the potential to lower your credit rating.

Late payments lower your credit rating and raise red flags with potential business associates.

A report to a credit bureau may lower your credit rating and make obtaining credit more difficult or expensive.

This is due to greater amounts of the two main risks: 1) higher duration and / or 2) higher credit risk (generally in the form of a lower credit rating)

The lower the credit rating is the lower your chances of getting a personal loan.

They don't report to the credit reporting agencies, so they won't raise or lower your credit rating.

These bonds pay a higher yields to offset the lower credit rating, but bring along higher risks.

They can offer loans to those who might otherwise face obstacles in obtaining a more traditional loan, such as those with a lower credit rating or those who are self - employed.

There are funds which invest in lower credit rating funds as they offer high interest rate.

The higher you go over that limit, the lower your credit rating sinks.

By offering lower interest with lower credit rating do you think edelweiss has damaged goodwill in the mind of retail investor??

The lower the credit rating, the higher the risk — and interest rate — will typically be.

They will compete by offering higher benefits to offset their corporation's lower credit rating or because they are more motivated to gain market share.

Closing your bank account shouldn't have an effect, but it's quite possible that closing credit card accounts may lower your credit rating.

A bond with a lower credit rating might offer a higher yield, but it also carries a greater risk that the issuer will not be able to keep its promises.

The lower the credit rating, the greater the risk that the issuer could default on its obligations, or be unable to pay interest or repay principal when due.

Lower credit rating can result in higher premiums and interest rates.

Do not continually open new credit card accounts to transfer debt; this can lower your credit rating.

If you are still within the same band (See JoeTaxpayer's answer) the effect should be negligible of a lower credit rating.

They may go so far as dwarfing the actual cost but the one thing that they will certainly do is lower your credit rating so this is not a good idea.

Irrespective of the circumstance that brought you to this state, the most important step is realizing all the habits that may have contributed to a lower credit rating.

High - yield bonds generally have a higher credit risk, because of their lower credit rating than traditional bonds.

Remember that we work with car buyers of all credit scores and financial histories; do not let a lower credit rating keep you from applying for financing at Karplus!

When you do miss one, they can lower your credit rating and charge you a higher interest rate.

On August 5, 2011, moments after the U.S. government watched a rating agency lower its credit rating for the first time in American history, the market for U.S. Treasury bonds soared.

As has been experienced by Alberta and other jurisdictions, a lower credit rating materially increases debt servicing costs (i.e. interest payments).

If you make the mistake of buying a company with a low credit rating, you will find it difficult to muster enough of a cashflow to allow it to function.

And, since most sole proprietors finance their operations with personal credit cards, they tend to have lower credit ratings than what the banks are looking for.

These ETFs typically hold bonds issued by companies with lower credit ratings.

China stocks fell and the yuan weakened Tuesday after Moody's lowered the credit rating for the world's second - largest economy.

If one of the major rating services lowers its credit rating for a particular issue, the price of that security usually declines.

Lower credit ratings High Yield Bonds have lower ratings due to the potentially greater risk involved.

Floating - rate loans» low credit ratings indicate greater potential risk of default relative to investment - grade bonds (though default rates for floating - rate loans historically have been lower than on high - yield bonds).

Illinois has the lowest credit rating of all 50 states.

Banks typically issue these debt obligations to companies that have relatively low credit ratings, and these companies use the loans to finance transactions such as leveraged buyouts, mergers, acquisitions, or similar activities.

Companies with excellent to low credit ratings issue investment - grade corporate bonds, which have lower interest rates because of the safety of the investment.

Standard & Poor's has lowered the credit ratings of nine European countries, including France, as well as that of the bailout fund that is supposed to rescue the most financially troubled countries.

These bonds offer higher yields but are coupled with a higher risk of default, as signified by these companies» lower credit ratings.

Shortsighted decisions like taking an anticipatory loan on the sale of still - publicly owned Summit Park Hospital has given us a $ 125,000,000 deficit and the lowest credit rating in New York.

The assumption families and small businesses could bear more taxes without leaving Rockland brought us the lowest credit rating in New York.

As Rockland's finances have deteriorated — a $ 125,000,000 deficit and the lowest credit rating in NY — so has our economy.