Sentences with phrase «often than credit scores»

When it comes to personal finance, there are few topics that are discussed more often than credit scores.

Not exact matches

Together, these requirements create a triple whammy for some first - time homebuyers who often have smaller down payments, higher debt obligations — such as student loans — and traditionally lower credit scores than more seasoned buyers.

These insurance providers often require higher credit scores than the lenders themselves.

This kind of transaction is often more cost - effective than a short - term loan, especially if the borrower has a low credit score because the loan depends on the credit quality of the borrower's customers, not the borrower's.

Lastly, consumers often under go credit score queries for reasons other than getting a loan.

New accounts: Fewer is always better Short credit histories, and especially those containing very recently opened accounts, can lead other, often unrelated, credit score factors to take on more importance than they would with an older history.

Credit scores other than a FICO are considered «equivalency scores» or «educational scores,» and are often referred to as «FAKO» scores.

Students who graduated longer ago have better credit scores and bigger loans than current students and are often eligible to refinance and consolidate student loan s.

That includes record ownership by those whose credit scores are less than stellar, and for those card - owners there's often a catch.

These models often take a more holistic view of a client's financial situation and look at things like savings, cash flow, employment history, and earning potential — rather than just focusing narrowly on their credit score.

But more often than not, it will just wind up hurting your credit score.

It's also why consumers often see different credit scores than what lenders see.

It's also important to know that lenders often see a different credit score than consumers, one that's more weighted for mortgage - related factors.

Unfortunately, many individuals do not know how to go about fixing their credit scores and often resort to ill - informed strategies, unscrupulous experts, and self - sabotaging behavior — all resulting in greater harm than good.

Note that buyers can often get a lower interest rate not only by having solid financials and a good credit score, but also by paying a down payment greater than 20 percent of the cost of the home.

Yet, in the longer run — six months to a year — the result of having added new cards can be a higher score than would have otherwise been achieved, thanks to the lower credit utilization (individual and combined card balance / limit percentage) that often occurs when the amount of available credit increases.

However, some credit counselors will often pay your bills late, which means that your credit report soon becomes filled with «over 30 days late» notations and your credit score drops even lower than it was.

You can also sign up for a regular credit report and score via one of Quizzle's partners, more often than the two a year they give you.

Requesting an increase in your credit limit could generate an inquiry on your credit report, and those can ding your score about 5 - 10 points for a short period of time — generally no more than one year, and often less.

VA home loans given to those with lower credit scores will also often have higher interest rates than those given to those with higher credit scores, but other VA loan benefits may still remain in place.

On the upside, your credit score can recover quicker than that, often within just a few years.

If you often delay payments, default on loans, or ask for more than you can repay, the credit score is likely to very low.

That was chosen much more often by respondents than reaching a good credit score (chosen by only 15 percent of respondents), being on a secure retirement path (14 percent), and getting rich (16 percent).

I think this confusion with credit scores is very common and I am afraid that many people have been misled into purchasing the wrong scores more often than not.

These insurance providers often require higher credit scores than the lenders themselves.

More often than not, they are just bad habits and can be corrected as well as your credit report and credit score.

Other loan types will require some manner of down payment and often have higher credit score requirements than VA lenders.

Now this might seem very obvious and when you ask most people they would probably say that they know how much money they owe and what there credit score is, but more often than not, it comes as a great surprise to them when they sit down with a pen and paper to work out exactly what the current debt actually is; this is very critical to any form of debt management.

In today's economy it's more crucial than ever to have a good credit score, but millions of consumers simply don't and all too often find themselves looking for tips on how to repair their credit score.

«Low credit scores will often cost car buyers more than $ 5,000 in additional finance charges and cost home purchasers tens of thousands of dollars in additional mortgage loan costs,» says Stephen Brobeck, CFA's Executive Director, in a Credit.com article.

In today's economy it's more crucial than ever to have a good credit score, but millions of consumers simply don't and all too often find themselves asking how can I improve my credit score?

In some instances consumers may have different, often higher FICO scores than the scores offered by Credit Karma.

CCCS's main goal is a worthy one, but they often do not negotiate on how the account will be reported, which could leave you debt free, but with a ruined credit report and a lower credit score than when it all started.

Essentially, peer - to - peer networks often use in - house underwriting systems that look at more than credit scores to get a better gauge of your financial risk.

For starters, a personal loan is given based on an individual's creditworthiness, or credit score, and often no more than that.

Credit score requirements are often higher for conventional loans than for government - backed mortgages.

It can also hurt your credit score — though business credit use is reported less often than consumer credit use.

These cards often take into account the fact that a student probably hasn't been able to build a lot of credit yet, often having lower thresholds of credit scores than what's needed to acquire them.

Credit Sesame does update its credit score more frequently than Quizzle (once every month), but that is still not as often as Credit Credit Sesame does update its credit score more frequently than Quizzle (once every month), but that is still not as often as Credit credit score more frequently than Quizzle (once every month), but that is still not as often as Credit Credit Karma.

LMI individuals often have better utility bill payment records than credit scores, and utility bill payment is a better indicator of default risk in an on - bill financing program anyway (and default rates have been extremely low).

Be honest when applying for a car insurance quote; more often than not, insurance agents do their research and learn about determining factors such as your credit score and traffic violations.

Proponents of credit based insurance scoring have long held that its use increases industry ability to accurately predict claims, and that it actually saves people money on their premiums more often than not.

It's not uncommon for first - time home buyers, whose credit scores are often lower - than - average, to get an FHA mortgage rate quote more than 100 basis points (1.00 %) below a comparable conventional rate.

Credit score requirements are often higher for conventional loans than for government - backed mortgages.

ResidentScore is tailored to the unique needs of landlords, predicting evictions 8 % more often than a typical credit score.

Online credit reporting tools often yield higher credit scores than those that mortgage lenders pull with their reports.

Just be wary of online credit checks; they often only represent one of your credit scores and could mislead you to believe your score is higher or lower than it actually is.

Additionally, when you use SmartMove tenant screening you receive a credit - based ResidentScore that predicts evictions 8 % more often than a typical credit score in the bottom score ranges where risk is greatest.