Sentences with phrase «of your credit history as»

Your credit report is a complete record of your credit history as reported by your creditors and is available from a variety of sources.

Factoring into this measurement is the total length of your credit history as well as the average length of time your existing accounts have been open.

(F) For purposes of this paragraph (c), the Secretary does not consider the absence of a credit history as an adverse credit history and does not deny a Direct PLUS loan on that basis.

These are some of the reasons why your credit keeps taking hits, even when you are trying to raise it: 1 — Types of Credit and Length of Credit History As you begin to pay off some of your loans, both your types of... Read More

24 Jerry K. Palmer and Laura L. Koppes, Further Investigation of Credit History as a Predictor of Employee Turnover.

During the Commission meeting on Employer Use of Credit History as a Screening Tool, held on October 20, 2010, an alternative to credit reports was suggested for employers to use in making hiring decisions.

A credit score, which is a summary of the credit history as it appears on a credit report, is a determining factor when seeking credit.

While the primary account holder's intention may be to simply give another person access to their line of credit, they typically share part of their credit history as a side effect.

that move resulted in my losing 8 years worth of credit history as those cards were open since 1980.

Your credit history (some states prohibit the use of credit history as an insurance rating factor).

Credit history (some states prohibit the use of your credit history as an insurance rating factor).

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.

A longer credit history will definitely help your score... So long as that's a history of paying your lenders back on time and keeping your utilization manageable.

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

A quick review: Credit reports are a summation of your credit history and behaviors, as collected by the three major credit bureaus, Equifax, Experian and TransCredit reports are a summation of your credit history and behaviors, as collected by the three major credit bureaus, Equifax, Experian and Transcredit history and behaviors, as collected by the three major credit bureaus, Equifax, Experian and Transcredit bureaus, Equifax, Experian and TransUnion.

When you first start your business, many third parties and creditors won't be willing to do business with your LLC or Corp, as the entity is brand new and probably does not have a lot of assets or hasn't built its own credit history yet.

To develop your credit score, FICO analyzes your debts against your limits, your history of on - time and late payments, the number of accounts you have, the various types of accounts you have (such as revolving, installment and so on), the length of your overall credit history and the amount of new credit you've been applying or.

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.

Fundbox uses a proprietary algorithm to gauge likelihood of repayment, starting with your financial data — including accounts receivables, client financial statements, cash flow and payment history — and moving on to public data such as credit ratings, government information and social media accounts.

Some experts have even suggested that financial institutions may want to check the credit histories of people in your online network to help determine your creditworthiness, with the idea being that people tend to share the same consumer habits as their peers.

However, these dark days are now long gone, with websites such as Transunion and Experian offering comprehensive breakdowns of your credit history and, most importantly, allowing you to make changes for the better.

Some borrowers have no credit history or were saddled with bad credit as a result of a divorce or other issue.

As of March 26, 2018, Unsecured Business Loans rates range from 7.75 % to 22.99 % and will be based on the specific characteristics of your credit application including, but not limited to, evaluation of credit history and amount of credit requested.

Zhima Credit is an optional service embedded in Alipay that calculates users» personal credit based on data such as spending history, friends on Alipay's social network, and other types of consumer behCredit is an optional service embedded in Alipay that calculates users» personal credit based on data such as spending history, friends on Alipay's social network, and other types of consumer behcredit based on data such as spending history, friends on Alipay's social network, and other types of consumer behavior.

As of March 26, 2018, vehicle loan rates start at 6.75 % based on term length, credit history, and vehicle being financed.

There are three different major credit reporting agencies — the Experian credit bureau, TransUnion ® and Equifax ® — that maintain a record of your credit history known as your credit report.

As a general rule, your chances of approval are lower unless your credit score is at least 660 and you have a history of making regular, on - time payments on your student loans.

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.

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.

As for the other players, length of credit history comes in at a respectable 15 percent.

Unlike some other lenders, OnDeck reports your business credit history with us to a number of business credit bureaus; so long as you make timely payments, that positive credit history helps your business build a strong profile.

No single factor affects your credit scores as much as your history of on - time payments.

Unfortunately, as part of the credit history portion of certifying you for a loan, certain lenders won't accept your income numbers unless you have at least two years of employment history.

Length of credit history counts for 15 %, with longer credit histories being considered less risky, as there is more data to determine payment history.

Lending Club uses a somewhat complex formula that takes into account various factors that appear on a borrower's credit report, such as FICO score, number of recent credit inquiries, length of credit history, the total number of open credit accounts and revolving credit, to name a few.

Why do employers ask for your credit history as part of a background check?

As was discussed above, the two factors dominating the makeup of your credit score are Payment History and Credit Utilizcredit score are Payment History and Credit UtilizCredit Utilization.

In order to determine the APR for your particular loan, Raise will look at your credit history (and that of any cosigners), chosen loan term, and the amount you're asking for, as well as any income and other application information.

Secondly, if the debt amassed is one you can not pay off, or are late to pay, the consequences (known as derogatory marks) will be reflected only on the primary accountholders credit history --- not that of the authorized user.

While anybody can be added as an authorized user without a credit check, an issuer will look at the credit history of both co-signers before approving their application.

Obviously this set of scenarios — in which GDP grows on average at rates between 3 % and 6 % for ten years while credit efficiency is improved so dramatically that in 5 - 6 years China begins to deleverage and by the end of the period these growth rates can be maintained with no growth in credit — is theoretically possible, but just as obviously it is highly implausible, and I can not think of any country in history that has achieved such a turnaround in its financial sector without having first experienced a brutal financial crisis.

You may find yourself in a bit of a catch - 22 situation: you don't have a credit history and as a result it's hard to get your first account.

Your credit card activities will be reported one way or another, so it's important that you add positive history as you rid yourself of a thin file.

They collected data about the negative aspects of consumers» credit histories, such as delinquencies, defaults, and bankruptcies, while minimizing information about on - time payments.

Business credit scores use some of the same factors (such as payment history) to determine your score, but there are some important differences.

Although most easy approval credit cards for bad credit give you a credit limit equal to your deposit, Capital One offers a $ 200 credit limit for a deposit of as low as $ 49, depending on your financial history.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Depending on your credit history, income, and amount of debt, you could qualify for a credit card consolidation loan with an interest rate as low as 4.98 %.

Using a line of credit allows you to build a positive business credit history as you use the line and make the payments on time.

How each company calculates it remains a trade secret, but most consider your payment history, available lines of credit, the types of credit you have, credit inquiries you've made and the years you've had ongoing credit as part of the total number.