Sentences with phrase «not much credit history»

«A young driver has a very limited driving record, not much credit history and data that show they are statistically riskier drivers.»

Not exact matches

Thus, they can not rely as much on the value of the housing collateral in securing their mortgage loans, and consequently now put more weight on the credit histories of the borrowers.

Comparing our opportunity to Japan's, isn't our sovereign credit risk much higher than Japan's in terms of per capita GDP growth, structural balance - of - payments deficit, history of default and history of inflation?

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.

How much it helps, depends on the particular scoring model that is being used, but it's safe to say that a long credit history showing on time payments on various accounts helps, and won't hurt, your credit scores.

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

But because most small businesses don't have much of a business credit history to speak of, the owner's personal credit is the most reliable insight a lender can get into how the business will handle its debts.

I would like richards as he is a gunners fan and with man citys cash flying around they will be the new chelscum and buy any player they want and pay stupid wages but unlike chelscum hughes hasn't built a starting team unlike rannieri did and I think he should of got a lot more credit as jose didn't improve much but they think he was god so just like all the chelscum fans they don't know there history.

Scion's spot on the list isn't much of a surprise considering they cater to younger buyers trying to establish a decent credit history.

Though Quizzle offers several resources to help you improve your credit score, the service does not offer as much information about your credit history as the CreditKarma.com service.

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.

It would be extremely difficult to get approved for a private student loan without a cosigner if you don't have much credit history, so if you can't find a cosigner you will have to build up your credit score with other types of loans first (like loans on college furniture, or even federal student loans — both of which can boost your credit).

If you are just finishing high school, chances are you don't have much credit history and will need a cosigner to get approved for a private loan.

You lender will not pay much, if any, attention to your credit history.

They have not had opportunities to demonstrate the responsible use of managing credit and, as a result, do not have much of a credit history.

With bad credit, getting a personal loan can prove to be quite difficult because banks don't want to take on too much risk when lending to someone who has a bad history with borrowing.

If that hadn't happened I don't know if I would have learned this much about credit history, identity theft and all that.

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.

Usually though, with a quick - cash, unsecured unemployment loan, your credit history is not that much of an issue.

It's a low - risk option that isn't going to carry much weight on a credit history report (and most secured credit cards also require security deposits and annual fees), but you have to start somewhere.

While guaranteed fast approval can not be relied upon, the assessment process is much faster because credit histories do not need to be checked.

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

One late payment wouldn't hurt your credit score as much if you had a spotless credit history.

You also might have excellent financials that you can prove but not much of a credit history.

She is very much considered a «non-income person» by all financial entities we have worked with so far - she was not able to rent an apartment for us as she had no income (and I have no credit history even tough I have income).

But there's a problem: You haven't established much of a credit history.

As long as you aren't paying your credit card company a yearly fee, it will be beneficial for you to build your credit history even if you aren't using the card too much.

But there's not much you can do about the length of your credit history.

While your credit report certainly does primarily track your payment history — including what type of debts you have, how much you owe, and whether or not you've paid your bills on time — a credit report also contains so much more than that.

You typically see those who are close to the age of 18 with thin files as they haven't had much time to begin building their credit history.

If you've had credit problems, or if you haven't yet established a decent credit history, you're probably going to be asked to pay a much higher interest rate than someone with a decent track record.

Even though you won't be the primary owner of the card, you can build your credit history without taking on too much responsibility.

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.

These include whether or not you pay your bills on time, how much total debt you are carrying, what type of debt you have, the length of your credit history, and how much in new credit you have recently applied for.

With so much competition, you'll need to do what you can to increase the likelihood of getting your credit card application approved, especially if your credit history isn't stellar.

You're not likely to have much of a credit history or income when you're straight out of high school, so student loans continue to require a cosigner in most cases, especially when they're private student loans.

It's not that you have bad credit, it's just that you don't have much credit history.

Because there is not as much information about your credit history, the credit bureaus will consider you a riskier credit cardholder and this will lower your credit score.

It appears that, since I have never been anywhere near the old limit in any one month in the 12 year history of using this card, I really don't need as much credit as I originally applied for and received.

Also included is your credit history, such as when your accounts were opened, how much you owe, your available limits, and whether or not you pay your bills on time.

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.

They are much more interested in establishing that repayments are both affordable and reliable, so getting loan approval with poor credit histories is not such an impossible feat.

You might just not have much credit history, a major factor in bad credit -LSB-...]

However, after checking my credit report, I realized that having a credit card for six months wasn't enough for me to establish much of a credit history.

While you may not have much credit history if it's your first credit card application, other details such as your employment and income can help you get approval.

On the flip side, having or paying for insurance does not have much effect on your credit score, with the exception of not paying your bill on time (total payment history accounts for 35 % of your FICO score).

These factors could lead to a refinance with low interest rates, even if you don't have much credit history.

LoanMart also doesn't care all that much about your credit history — it won't be a factor.

Our direct payday lenders base qualification for small, personal loans on how much you earn, not on your credit history.