Sentences with phrase «of good credit scores»

Similarly, when looking for new customers for a great rewards credit card, many card issuers go for prime and super-prime consumers because of their good credit scores and positive payment histories.

Since the attention on the importance of good credit scores has been steady, more consumers finally feel ready to take their debt to task and finally do something about repairing their credit.

Another bonus of a good credit score: longer low - interest intros and average everyday APRs of 12.24 % or lower.

MyFICO has a loan savings calculator that makes the benefit of a good credit score crystal clear.

You're essentially paying interest only with the hope of a better credit score after making loan payments.

As regards to credit requirements, the need of a good credit score is essential because the lender has no other assurance of repayment than the borrower's credit behavior.

Once you cross the threshold into the 680 - 740 range of good credit score, you'll start getting lower rates and better credit card deals.

Proof can come in the form of a good credit score or a history of no missed or late payments.

Let's talk about the long term benefits of a good credit score, which means let's talk mortgage loans (home loans).

So, in anticipation of all those emails, I thought I'd share my own definition of a good credit score in 2011:

You have the rights to get your report to make sure that it is correct because right credit reporting is the beginning of a good credit score.

Most people understand the importance of a good credit score.

Before you dismiss the importance of a good credit score, stop and think about what it might be saying about you.

Obviously, the main benefit of a good credit score is the ability to get bank and lender loans easily.

But, there are several more benefits of a good credit score you may not have thought of.

Everyone knows that it's almost impossible to get a bank loan without good credit, but there are more benefits of a good credit score than just convincing the bank.

The positive weight of a good credit score and credit rating has immense impact on several aspects of your personal and financial situation.

In this article, we've defined the concept of a good credit score, explained how to achieve it, told you about conditions that can threaten it, and emphasized the importance of attaining it.

A: A 700 FICO score is the bottom of the good credit score range (it goes from 700 - 749).

Learn why the value of a good credit score is very important!

The goal of a better credit score may seem like an unattainable feat, but it's doable.

Great credit takes time, and there is no silver bullet — but each baby step will bring you a little closer to your goals of better credit scores.

If cash back rewards are important to you when browsing our list of the good credit score credit cards, it's best to analyze your spending habits before making any moves.

Resolve to get more out of your good credit score in 2015 with a new credit card!

Sure, you know about the importance of a good credit score, but do you know that mortgage companies also look at other details in your credit history?

Not exact matches

Say your spouse has a credit card with little or no balance and a great payment history; if he or she agrees to add you as an authorized user, from a credit score point of view you automatically benefit from her card's available credit as well as her payment history.

Having a good credit score will help you scale your business and obtain loans, financing and further lines of credit for big purchases.

You can read more about earning sign - up bonuses and how that will affect your credit score here, or scroll down to find some of the best offers available this month.

Reports are also the basis for your credit score, that three - digit number in the 300 - 850 range (the higher the better) that lenders use as a measure of your creditworthiness to approve loans and set interest rates.

All three of the major credit bureaus calculate your score in basically the same way, on a scale from 300 - 850, with 750 being a good score.

A recent report by the Consumer Financial Protection Bureau outlined a number of problems it found with the big three consumer reporting companies along with suggested reforms that could help consumers improve the accuracy of their own credit reports as well as those all - important three - digit scores.

Sites like Credit Karma are allowing consumers to not only view but understand their credit scores, and work toward a higher score so they can receive better interest rates and keep more of their Credit Karma are allowing consumers to not only view but understand their credit scores, and work toward a higher score so they can receive better interest rates and keep more of their credit scores, and work toward a higher score so they can receive better interest rates and keep more of their money.

WalletHub.com compiled a list of U.S. city populations with the best and worst average credit scores.

/ Nah, it's just a bunch of debt collectors — before the verses shift to outlining more responsible ways to use a credit card and explaining why it's important to build a good credit score.

The logic behind this piece of misguided advice seems sound at first: The average age of your credit lines affects your credit score, and the older, the better.

The results: 58 percent of online daters say a good credit score in a potential partner is more attractive than driving a nice car.

When asked to list characteristics of someone with a good credit score, 73 percent of respondents said «responsible,» 40 percent said «trustworthy» and 38 percent said «smart.»

The findings show that 58 percent of online daters say a good credit score in a potential partner is more attractive than driving a nice car, 50 percent say good credit is more important than an impressive job title and 40 percent said they favor good credit over physical fitness.

A good personal credit score can help you acquire your first lines of business credit.

If you're paying your bills on time, utilizing not too much of your credit limit, and only opening new credit accounts when you need to, you'll be able to maintain a good score — no matter which bureau is reporting it and no matter which version of the algorithm they use.

Ant Financial has already signed a memorandum of understanding with Rongcheng, whose residents will be able to pay their utility bills using Alipay and show their Zhima Credit score — if high enough — to obtain better health insurance and borrow library books and rent public bikes without a deposit.

Your credit score is a good indicator of your overall creditworthiness, but it doesn't tell lenders about one important thing: your income.

NerdWallet has picked some of the best mortgage lenders for borrowers with low credit scores in a variety of categories so you can quickly decide which one is right for you.

The score provides a forward - looking, one - year measure of credit risk, allowing investors to make better decisions and streamline their work ow.

With a FICO credit score of at least 700, you're in the best position to get lower APRs.

Lately, reports show some people have been able to get approved for jumbo loans with credit scores of 650, but in t's best to aim for 700 or higher.

(Solid business credit scores can open a number of other doors as well).

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

Better Mortgage's Garg argues that none of the underwriting criteria are changing — the consumer's credit score, the loan to value on the home, «all of that is there.»

Typically, there are actions you can take (such as putting up more collateral or improving your credit score) to get a better interest rate and reduce the total expense of funding your business.