Sentences with phrase «made about your credit history»

Items that affect your credit score include payment history, outstanding obligations, the length of time you've had outstanding credit, the types of credit you use, and the number of inquiries that have been made about your credit history in the recent past.

Not exact matches

The Labour leader decided to give up on arguing about the NHS during his second bout of questions to congratulate (in that uniquely both sarcastic and frenziedly obsequious sense reserved only for PMQs) the PM for making history this week — «give him credit Mr Speaker though, he did make history this week, he's got his own word in the Oxford English Dictionary — «omnishambles»».

The last dealership I went to made me feel so bad about my student loans and shaky credit history.

Review your credit history report before making any decisions about your credit accounts.

Depending on their credit history and other factors, many borrowers can expect to make a down payment of about 5 or 10 percent.»

«Depending on their credit history and other factors, many borrowers can expect to make a down payment of about 5 to 10 %.

Immediately upon being reported as closed / $ 0 balance, and though continuing to contribute positively to all length of credit history scoring factors that make up about 15 percent of your score, the account's now 0 - percent utilization will be ignored in all of the credit utilization (balance / credit limit percentage) calculations that help make up the highly influential amounts owed scoring category (30 percent of the score).

Making sure you are fit for a Parent PLUS Loan at the beginning dispels all later worries about credit scores and credit history.

Think of a credit score as a mathematical formula that takes facts about your credit history and spits out a number that's used to assess the likelihood that you'll make payments on time.

Lenders make the determination based on credit history and a discussion with the applicant about any past difficulties.

Some issuers did not make disclosures about credit score compositions in certain years, but overall, credit history profiles have improved across the board since 2007.

But now a bad credit score has the potential to affect a wide range of basic needs since so many businesses use your credit history to make decisions about you.

Check with the car lot you choose to make sure they report your payment history to credit agencies, since whether or not each individual dealer will have a different policy about how and when they report payments.

Credit scores give lenders and businesses insight about your credit history to help them make a more informed decision to approve or deny credit reqCredit scores give lenders and businesses insight about your credit history to help them make a more informed decision to approve or deny credit reqcredit history to help them make a more informed decision to approve or deny credit reqcredit requests.

A growing number of creditors, as well as insurance companies, employers, and landlords, use your credit score together with (or rather than) your credit history to make decisions about you.

Fair Isaacs, the company that has created the model for calculating credit scores, states that your payment history makes up about 35 % of your credit score.

Length of Credit History: The amount of time that you have had credit makes up about 15 % of your credit Credit History: The amount of time that you have had credit makes up about 15 % of your credit credit makes up about 15 % of your credit credit score.

With patience and timely repayments, you'll likely be able to build a new credit history that creditors will look upon favorably when making decisions about your ability to handle even more credit.

Lenders make decisions about the creditworthiness of borrowers based primarily on credit reports and credit scores — two ways to quickly assess an applicant's credit history.

The second possible outcome from closing this card is one that could only occur well into the future via a set of scoring calculations, «length of credit history,» that makes up about 15 percent of your score.

What you should be thinking about: Since the length of credit history, types of credit, and new accounts make up almost half of your credit score, it might be beneficial to hold off on refinancing until you have accrued more years of creditworthiness.

From making a mistake on the application to not including supporting documentation or dealing with poor credit history, here we take a look at the most common reasons credit card applications are rejected and what you can do about it.

Not only does closing the card do nothing to remove either the inquiry or new account that left your score lower, closing it won't prevent the card's very short credit history from unfavorably impacting the scoring calculations — average account age, oldest and newest account age, for example — that make up the length of credit history scoring category (about 15 percent of your score).

A credit repair business and its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit repair business, shall not do any of the following: (1) Charge or receive any money or other valuable consideration prior to full and complete performance of the services that the credit repair business has agreed to perform for or on behalf of the consumer; (2) Charge or receive any money or other valuable consideration solely for referral of the consumer to a retail seller or to any other credit grantor who will or may extend credit to the consumer, if the credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public; (3) Represent that it can directly or indirectly arrange for the removal of derogatory credit information from the consumer's credit report or otherwise improve the consumer's credit report or credit standing, provided, this shall not prevent truthful, unexaggerated statements about the consumer's rights under existing law regarding his credit history or regarding access to his credit file; (4) Make, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying for an extension of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale of the services of a credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a credit repair businMake, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying for an extension of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale of the services of a credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a credit repair businmake, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying for an extension of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale of the services of a credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a credit repair businMake or use any untrue or misleading representations in the offer or sale of the services of a credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a credit repair business.

This section lists details about each inquiry that has been made into the credit history.

A credit union — especially one affiliated with your employer or one that is community - based — may be willing to look beyond a poor credit history and make a judgment about whether it will loan you money based on your character and your promise to repay, regardless of if you have bad credit or not.

At LoanMart you don't have to worry about poor credit history or any other financial mistakes you may have made in the past.

When applying with a creditworthy cosigner, the lender will look at the credit history of your cosigner as well as your credit history to make a determination about whether or not to loan you money.

The «length of credit history» factor, which makes up about 15 % of your score, is generally not affected by declaring bankruptcy.

Your payment history is the most important part of your credit rating and makes up about 35 percent of your credit score.

A The five areas that affect their score are payment history, which makes up about 35 percent of your score; outstanding debt (about 30 percent of score), length of credit history, new accounts, and the different types of credit you have.

The lender must make the final decision about the acceptability of a borrower's credit history when significant derogatory credit information exists.

This was a very informational pod cast, but one of the key thing that stuck out to me was the comment Joshua made about negative credit history; how it depends if negative credit resulted from carelessness or medical bills.

Insurance companies, telecommunications companies, and employers are now checking credit histories and using credit scores to make decisions about more than simply issuing credit.

While your payment history is about 35 percent of your FICO credit score, the amount of your debt is also a major factor and makes up about 30 percent of your credit score.

A history of inability to manage your credit successfully will make lenders uncomfortable about trusting you with additional funds in the future.

Discover a variety of facts about credit cards, their history, and how they are made.

An employer may not make an inquiry about or require an applicant to disclose or reveal his or her credit history

Credit history makes up 15 percent of your FICO score, but don't worry much about this for another decade: Your history of good payments from closed accounts stays on your credit record for 10 Credit history makes up 15 percent of your FICO score, but don't worry much about this for another decade: Your history of good payments from closed accounts stays on your credit record for 10 credit record for 10 years.

Credit history makes up about 15 percent of your FICO ® credit Credit history makes up about 15 percent of your FICO ® credit credit score.

As a result, it said, consumer reporting agencies might not be able to compile complete consumer reports, thus potentially creating an inaccurate picture of a consumer's credit history that could be used to make future credit decisions about the individual.

Your credit report (and accompanying FICO score) contains the complete, unabridged history of your credit activity, the first and main thing a lender will look at when making a credit decision about you.

If you're thinking about cancelling your credit card after you've banked the points, make sure you keep your credit utilization rate, credit history, and mix of credit in mind.

To save even more on insurance, Cioppa recommends that drivers shop around, work to become a safe driver, pay your premiums online, improve your credit history, make sure you ask about discounts and choose the highest deductible you can afford so you'll pay lower premiums.

If the insurance company doesn't ask about your driving record or credit history when providing you with quotes, make sure you ask about potential discounts.

Furthermore, what if other complicating factors in your life — a low credit score, history of making claims, bad crime statistics in your neighborhood — made insurers even more skittish about covering you?

Credit Analysts use multiple criteria to make decisions about credit applications; these professionals evaluate customer payment history, credit - worthiness, credit viability and purpose of application to either approve or deny a reCredit Analysts use multiple criteria to make decisions about credit applications; these professionals evaluate customer payment history, credit - worthiness, credit viability and purpose of application to either approve or deny a recredit applications; these professionals evaluate customer payment history, credit - worthiness, credit viability and purpose of application to either approve or deny a recredit - worthiness, credit viability and purpose of application to either approve or deny a recredit viability and purpose of application to either approve or deny a request.

The CBC further reported that «in the summer of 2015, Home Capital announced that it had cut ties with about 45 mortgage brokers for fudging numbers» and they reported that «Home Capital makes most of its money selling uninsured mortgages to clients who the big banks don't cater to, usually because they have spotty credit histories, are self - employed or have otherwise uneven incomes.»

But by being armed with your applicant's eviction, criminal, and credit history you can make a much more informed decision about who to accept or reject and more accurately evaluate the risk.

Many landlords and rental property owners make decisions about tenants in the dark, without knowing anything about a tenant's background, credit history or even if they have a criminal record.