Sentences with phrase «much better credit histories»

However, after graduation, many borrowers have much better credit histories, which could qualify you for a lower interest rate on your loan.

Not exact matches

«If we can be exposing a sixth grader to the idea of FAFSA and student loans and credit history and credit reports, that student will be in a much better position in high school and beyond.»

If you built up a bad credit history in the past for example, but you know hold down a very well paying job then the lender may choose to not place as much importance on the credit score itself.

With the bonus, the card offers undergraduates (who typically don't have much credit history) a better than average rewards rate.

Start as you would wish to go on, maintain your new card in good order, and you'll build yourself an excellent credit history that will mean that after six months or a year you should be able to open a credit card with a much lower interest rate and fewer fees.

As you establish a better credit history and borrowing becomes less expensive, borrowing won't hurt you as much as it once did.

Having a good credit history makes it possible for service providers to gauge how much of a risk you are, a good rating means more financial options and opportunities — this makes it possible to apply for a bigger bond with home loan providers at low interest rates, plus you can also get various other loans from other institutions at affordable rates.

Because you are financing a much smaller percentage of the total vehicle price, applicants with no credit history or an adverse credit history find leasing the better alternative.

After a wait period of about maybe not even two years of good payment history on your credit since the bankruptcy was filed and a decent income, you may be able to qualify for a mortgage loan much sooner than typical.

You can use any of these cards to build up a credit history for yourself, and eventually apply for a much better offer.

The history of on - time payments can contribute towards a good score, but the credit bureaus also like to see that you don't use too much of your available credit.

With the bonus, the card offers undergraduates (who typically don't have much credit history) a better than average rewards rate.

But the good news is that your positive credit history actually stays on your report much longer, for 10 years!

Your access to cash back cards depends upon your credit history, but if you qualify for one of the better cards, you can earn as much as 5 or 6 percent of your money back on everyday purchases.

United Policyholders, a consumer advocacy group, says in some cases homeowners with bad credit histories can pay as much as four times as much as policyholders with good credit records.

These are people with good credit history and do not pose much risk for the mortgage brokers who know they will be paid by the banks immediately the loan closes.

It is much more obtainable than the others because only a moderately good credit history is needed.

With a good credit score and an established credit history, life gets much easier.

There is not a formula to having the right mix of accounts and since your credit mix is only 10 % of your score, so I wouldn't focus on it as much as payment History and credit utilization but a mixture of both is better than just having one type of credit.

For someone with a long, well - established credit history, these impacts will be minor; however, for someone with little to no credit history, these factors will make a much bigger impact.

Instead of thinking too much about your credit mess, invest your time in learning the best methods for buying a property, regardless of your credit history.

These limits are set in place to keep consumers from borrowing way too much; those with good credit history get better (higher) credit limits.

You will want to make sure it is much older than your accounts and it has great credit history (no late payments or negative information) as well as low balances.

Most lenders, like U-fi, will want to see an adequate credit history, a track record of making on - time payments, how much debt you have outstanding, and a good credit score.

With so much riding on your credit score, it is in your best interest to make sure your credit history is represented properly — without any errors.

That's going to start establishing a good payment history — the most important component of your credit score — as well as a favorable credit utilization ratio, or how much of your available credit you're using.

If Jane had used credit after her bankruptcy, she would have established some good credit history and been rewarded with a much lower interest rate on her new car loan.

Sky Financial Corporation / The Mortgage Center is able to cut the application to approval time by as much as half and we offer borrowers with reasonably good overall credit and a history of making mortgage payments on time.

A person with a good credit history for the last few years will be much more attractive to credit card companies than a person that has many missed payments on their credit report.

It is that an organization will think that a person with poor credit history, it's not so much that they're more likely to steal, but instead that it shows a lack of responsibility, a lack of conscientiousness, and they're going to think that because they have these personality traits, they're not going to be as good an employee.

There's also the negative effect a default can have on a person's credit score: Huynh says a person with a good credit history who stops paying their student loans could see their credit score drop by as much as 100 points.

Secured credit cards and credit - builder loans are a much more preferable avenue to repair credit and build a good financial history.

The private money lenders are much less concerned with credit scores and income history but rather focus of the value of the property as well as the amount of equity the borrower has in this property.

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.

You need someone else's information and they should have good credit and probably not much history with American Express.

I like that card much better than even this great Chase Ritz Carlton bonus, and I'm not sure if my wife is going to be able to stack both of them successfully (shorter credit history, lower income, as she was a stay - home mom for a long time, and a few Chase cards already under her belt).

In reality, a 700 + credit score with no credit history won't do you much good when applying for the Sapphire Reserve.

First you need someone else's information and they should have good credit and probably not much history with American Express.

With the bonus, the card offers undergraduates (who typically don't have much credit history) a better than average rewards rate.

If you have great credit, a high income and a history of on - time payments, you can probably get away with less; if you don't have good credit, you should wait longer — as much as a year.

And remember, it's important to maintain a good credit history because many insurance companies use credit in determining how much they will charge you for insurance.

With a great credit score (along with a strong history of safe driving), you have a much better chance of getting into a preferred policy.

If you have a good credit score and good insurance history, getting a quote from a company that uses insurance credit scoring could make your insurance much less expensive.

In many states, homeowners with exceptional credit histories are eligible for reduced rates, but as Washington's laws are very tough on how much influence your credit history can have on your insurance premiums, good credit discounts may be harder to find (it should be noted that the laws concerning the relationship between Washington insurance rates and credit ratings are in place to keep insurance providers from raising the rates of those with poor credit history rather than to keep those with excellent credit histories from getting discounts).

Insurance providers tend to provide much better rates to those who have excellent credit history compared to those who don't.

For someone with a good credit history the insurance rates would be much lower than for those with fair or poor credit rating.

In general, those who are younger than 25, female, married, live in a rural location, don't ride much, drive a safe but inexpensive bike, and have a clean driving history and great credit are treated to the best rates.

If you have a good credit score and no claims history, you are going to be much more eligible for some of the cheapest renters insurance protection.

For those with a good credit history the auto insurance rates will be much lower when compared to the rates for those with a poor or fair credit rating.

To its credit, Federal Labor has had a very good health history and proven track record of injecting much needed increased funding into public health and hospitals, in contrast to Federal Coalition Governments.