Sentences with phrase «of solid credit history»

So if you have a 690 credit score but 7 + years of solid credit history and no blemishes on your record, it might be worth giving it a shot to apply.

Indications of a solid credit history include some — but probably not extensive — borrowing activity and regular, prompt payment of bills.

Not exact matches

If a customer has a solid history of paying on time, offer to serve as a reference if they set up other credit relationships.

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.

To improve your odds of getting approved, we recommend borrowers have credit scores of at least 680, a moderate to low debt - to - income ratio, solid income and a demonstrated history of saving.

The growing availability of credit has also expanded the resources available to new entrepreneurs launching businesses, and has given many families access to the funds they need to «smooth over» periods of financial challenge.9 / At the same time, competition among lenders for individuals with solid credit histories has reduced the price of credit for those consumers.10 /

After marriage, each spouse maintains his or her own credit score, but banks will generally want the assurance of both spouses having solid credit histories in order to meet their requirements.

Individuals with a rock - solid credit history have a wealth of high - quality credit cards at their disposal, including those with the largest new member bonuses, highest cash - back rates, and longest 0 % intro APR offers.

To be eligible for a refinancing, you'll need to have solid credit, and a history of on time payments.

You'll generally need solid income, a credit score of 690 or higher and a history of on - time debt payments.

Getting a co-signer with a solid credit history can significantly improve your chances of getting approved with a lower interest rate.

If you have a credit score of at least 680 and solid credit history, you shouldn't have any major issues getting an unsecured personal loan.

In addition to a solid credit history and reliable income, the lender will need to know the specifics of your construction project.

To improve your odds of getting approved, we recommend borrowers have credit scores of at least 680, a moderate to low debt - to - income ratio, solid income and a demonstrated history of saving.

You'll generally need solid income, a credit score of 690 or higher and a history of on - time debt payments.

You will need a credit score of around 690 or better and a solid credit history to qualify for a personal line of credit.

While some aspects of that history may be less appealing, lenders may be more apt to do business with an individual if they notice factors like a solid credit performance in their immediate history or an increase in income.

If you have had a solid history of credit usage in the past or have a good track record for the past few years, the service will probably try to negotiate with your lenders to get some of the negative items removed from your credit reports.

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.

While you're at the beginning stage of your credit history, it is an opportune time to build solid credit - use habits so you can watch your score increase over time.

Your student loans have the potential to hurt your credit score, but they can also be one of the best ways to build a solid credit history.

Based on FHA requirements, those who have a good credit history demonstrated by a solid track record of timely payments will likely be eligible for a loan.

With a solid history of repayment, it may be possible to buy a house with no credit in the near future through alternative means.

This creates a pattern of responsible usage, which is the key to building — or rebuilding — a solid credit history.

You will have to make sure that you have a good credit score and a solid history of credit worthiness.

Without question, the very best way to bring about the restoration of your credit is by always paying your bills on time and establishing a solid payment history with no late payments.

As well, you may have established a solid history with your credit card company of making timely payments.

If you have a solid credit history but any of these scenarios would potentially put you in a financial bind, you might want to consider a 0 % APR credit card.

In addition to making sure your payment history is solid, consider leaving open lines of credit that you aren't using — and try not to be tempted to use more than you can handle.

Having a solid payment history accounts for 35 % of your score and having a credit history makes up 15 % of your score (that's half your score!)

The best way to start of a solid Canadian credit history is by obtaining a credit card.

Refinancing is typically available if you have a solid credit score of at least 660, a steady job, and a history of making on - time student loan payments.

Refinancing their mortgage loans could help many of these people, but what if they don't have a solid employment history, or have missed a couple of payments on credit cards, or even missed a mortgage payment?

However, most of us do not have a solid credit history to take out any type of secured loan through a bank, and the waiting period can be too lengthy.

Getting a card in freshman year and listening to the words of wisdom in this post will already give you a solid 4 years of good credit history.

To qualify for the best rewards credit cards, a home mortgage with the lowest interest rates, or personal loans with the best terms, you usually need a solid job history and income, a record of responsible credit use, and a FICO score of 720 or above.

Since most applicants are under the age of 25 and / or do not have a solid credit history, lenders usually require these...

The benefit of having a secured credit card account over writing checks or using a debit card, is that it is normally reported to the credit bureaus, and will help you in building a good solid credit history.

An FHA loan applicant's past credit performance that demonstrates good credit history and a solid track record of timely payments will likely be eligible for the mortgage.

A solid payment history and prudent use of available credit add points.

They also consider whether you have a history of responsible credit use, solid employment and income, and sufficient equity in your home.

The impact on the lives of Americans without a solid credit history or no credit history can be profound.

The use of credit - based insurance scores has been banned in Massachusetts, Hawaii and California, but if you live in one of the other 47 states, maintaining a solid credit profile and credit history may improve your insurance premiums and help keep costs low during retirement.

Lenders understand that young adults just starting out may have no credit history, and one of the best ways to establish a solid credit record is to make prompt payments on a loan over a lengthy period of time, which is exactly what a car loan entails.

They still require good credit scores, a solid work history and a decent amount of liquid assets.

A solid credit history can be one of your most useful and powerful financial assets.

First, a borrower's credit score must be high enough to show potential mortgage lenders that they have a solid history of using credit in a smart way.

But in order to take out a loan, you usually have to have a solid credit history and proof of income, something that most college students don't have.

Provided that you have been a good customer with a solid history of on - time payments, the credit card company should find little issue in lowering your interest rate.

The fraudulent use of your credit history can quickly undo the solid work you are doing to build a strong financial foundation.