Sentences with phrase «of establishing a credit history»

«My lack of established credit history was the reason I was rejected for this position,» charged Lebron, who is studying Computer Information Systems and interviewed in 2012.

Some of the qualifications that lenders will review in lieu of an established credit history include:

Less weighting being given to authorized users on a credit card account for the purposes of establishing credit history.

This gives off the perception that you don't have more of an established credit history.

In the absence of an established credit history to prove you can repay your debts, many issuers will simply assume you can't and reject you accordingly.

Applying for a business card is a good way of establishing a credit history for your business and keeping personal and business expenses separate.

Applying for a small business card is a good way of establishing credit history for the business and keeping personal and business expenses separate.

They evaluate such things as your payment history, how long and how well of a established credit history you do have, as well as your credit sources.

Not exact matches

For many small businesses, guaranteeing a line of credit — especially if you are lacking a well - established credit history — can be a struggle.

It also offers specific policy recommendations including providing tax credits to promote venture capital investments in minority businesses, as well as tax credits for new low - income entrepreneurs, and encouraging the use by credit rating agencies of alternative data such as rent and utility payments in establishing credit histories.

Once you've established some history of paying back your debt, your credit card company may be willing to increase your limit.

Lenders will usually only consider more established businesses with a positive credit history for a line of credit.

Even larger, more established security companies can have problems securing financing because of an owner's poor credit history or not having sufficient assets to satisfy demands for collateral.

The reputation of your business depends on the credit history your business establishes.

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.

We work with a broad range of lenders, including those that understand car buyers who are rebuilding their credit or have yet to establish a credit history.

Taking advantage of sub-prime auto loans is a great way to establish a positive payment history while rebuilding your credit score over time, so don't hesitate to reach out to BMW of Bloomfield's finance department to learn more about the options available.

We work with a broad range of lenders to ensure we can get you the best possible terms - whether you have already have good credit, or are in the process of rebuilding or even establishing a credit history.

We work with a broad range of lenders, so whether you have already have good credit, or are in the process of rebuilding your credit or even establishing credit history for the first time, we can come up with a solution for you.

We work with a broad range of lenders, including those who specialize in car buyers who are currently in the process of repairing their credit rating or even establishing a credit history for the first time.

We work with a broad range of lenders to ensure we can get you the best possible terms for your auto loan - whether you have already have good credit, or are in the process of rebuilding or even establishing a credit history.

If you have bad credit or no credit to speak of, applying for a secured card is a good way to lift up your credit score or establish a credit history.

If you have no established credit history, supply the lender with canceled checks for rent, utilities and other recurring obligations to show payment history and amount of revolving debt.

As soon as a teen establishes a credit history, it is important they get a lesson in how credit works and why it will be important for the rest of their lives.

After you've improved your credit history and applied for a regular credit card, you have the option of keeping this card open at no annual cost - thereby extending the credit history you've established.

Bad credit, on the other hand, means that you have an established history of credit usage, but through a series of financial mistakes, such as errant or delinquent repayment activity, defaulted loans or other factors, your credit score's taken a major hit.

Your credit score weights five characteristics — past payment history, amount of credit, length of time credit is established, new credit, and types of credit.

After all, that credit card is a terrific way for a future responsible member of society to establish a credit history.

If you are planning to get new cards, it is probably best to open the accounts as soon as possible to start establishing a history of good credit use.

However, they are a great way to establish an credit history and work your way up to the other types of cards.

But if you have no credit history or what's sometimes called a nontraditional credit history, which is one with no credit card debt or other kinds of loans, it might be harder to establish a set of credit stats.

A credit card and other forms of revolving credit are great ways to establish a credit history which will have benefits when starting a family and buying a home.

Working to establish a good credit history early can potentially save you thousands of dollars down the road.

Also, if you can not get approved for an unsecured credit card, get a secured credit card so you can establish a credit history of timely payments with a credit card.

Points are assigned for different pieces of information such as payment history, length of time of residency and employment, length of time credit has been established, use of credit and any negative information such as late payments, collections, bankruptcies, and charge - offs.

Many of the lenders who ask for a cosigner for those with no credit will also offer an early cosigner release when adequate payment history has been established for your car loan account.

Risk - based pricing refers to the act of establishing or adjusting pricing and other terms and conditions of a credit agreement provided to a consumer based on their credit history and score.

A store credit card might be a better option if you are afraid of going into credit card debt but still want to establish a credit history.

«Credit Cards have become an established and inescapable part of our society,» says a public file from New York University's website, entitled The History of Credit Cards.

FICO says that its «research shows that opening several credit accounts in a short period of time does represent greater [credit] risk — especially for people who do not have a long established credit history.»

Once a few of these are repaid, the credit history is established and larger sums are within reach.

Owners of the card will have their payments reported monthly to all three credit bureaus to help establish or re-establish their credit history.

One final notable positive attribute of store credit cards is that they can also help establish a credit history and improve your credit score with timely payments.

Still, most students (and their parents) know that it is impossible to begin establishing a positive credit history without establishing some form of credit.

With one of these cards, you can establish a positive credit history by using it sparingly and by making regular monthly payments.

Your first credit card is a chance to establish an independent financial history and begin taking advantage of credit.

Not only can using a credit card help you establish a solid credit history and boost your credit score, but you'll gain access to a host of rewards that cash and debit cards simply don't offer.

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

Prior to the CARD Act Students, college students over the age of 18, were able to apply and obtain credit cards without proof of employment, a sufficient credit history, or without a co-signer from a parent or guardian with an established credit history.

But beyond helping you overcome these unexpected difficulties, we believe that it's important for many of our customers to establish or re-establish their credit history.