Sentences with phrase «on credit history»

Your credit report is a detailed report based on your credit history based on the information lenders report to credit bureaus.

You will lose a valuable possession and it remains a black mark on your credit history for seven years.

Consumers who have a negative mark on their credit history can still reach an excellent credit score.

Make an informed lending decision with comprehensive reports on the credit history of a potential borrower.

Like private student loans, refinance loans are made by private banks and financial institutions, and eligibility and interest rates are based on the credit history of the borrower and / or cosigner.

Negative marks, including late and missed payments, can remain on your credit history for up to seven years.

These events have a serious negative effect on your credit history, and will negatively impact your future loans and interest rates.

If you can demonstrate responsible repayment, it will have a positive impact on your credit history.

As we pointed out above, a late payment can stay on your credit history for as long as 7 years.

This is important for any major line of credit, but for those with bankruptcy on their credit history, the focus on this aspect of your credit behavior is even greater.

Interest is typically a percentage of what you owe each month and the amount of interest you get charged is largely dependent on your credit history.

If you have no or bad credit as an applicant, you can rely on the credit history of a cosigner.

However, lenders will check on your credit history before making a loan decision.

There's no hard pull on your credit history if you apply by phone, and income verification is not required.

Student loans appear on your credit history; as long as you don't miss any payments, then your credit history will grow in time.

If you have a negative balance once the account closes then this will show on your credit history (not good).

It is almost universally accepted by all lenders, credit issuers and financial institutions to report a late payment on a credit history after 30 days delinquent.

You could have an item on your credit history that's incorrect.

Therefore, it is good to have several revolving accounts on your credit history for a significant period of time before you consider opening and closing new accounts.

The options you're offered will likely be based on your credit history with each company.

This doesn't imply that if you have stains on your credit history you won't be able to get approved.

If you ever see any errors on your credit history, make sure to dispute them and get them removed from your report.

An insurance score is a score based on your credit history which shows your financial background and creditworthiness.

Due to these financially rough times, many folks have taken hits on their credit histories and many have had to seek out the financial relief that bankruptcy offers.

Although creditors usually consider a number of factors in deciding whether to grant credit, most creditors rely heavily on your credit history.

Keep an eye on your credit history at least once a year and be certain that it is accurate.

A large amount of hard inquiries on your credit history causes your credit score to temporarily go down.

The credit score is a numerical representation of the information recorded on your credit history report.

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.

But be careful loads of credit card applications don't look good on your credit history.

A wrong choice of a credit relief company can impact negatively on the credit history and status of a consumer.

To keep tabs on your credit history on your own, contact the credit bureaus directly to order your credit report and score.

If you've got some late payments, a collections account or two, or a foreclosure on your credit history, you might as well leave the prime credit card companies alone.

Be responsible when choosing a secured credit card as it may have a significant influence on your credit history establishment.

That being said, a majority of loans depend purely on credit history.

Our personal loan approval process is based off of your ability to repay the installment loan and not based on your credit history so you can be approved in minutes, not days!

More recently, there is an increasing focus on your credit history when applying for life insurance.

Some of the searches which we or a third party may perform, such as a credit check, may leave a soft footprint on your credit history.

They were based only on credit history, and sometimes assets.

A hard credit pull will be noted on your credit history.

Also, to get your credit score, you might be asked to verify details on your credit history.

Now, whenever you apply for a credit card, a hard inquiry is performed on your credit history which results in a loss of about 10 points on your credit score.

Mortgage lenders look at a variety of factors when making decisions about loans, but they put a premium on credit history.

But that's not entirely true; you can have your rent reported on your credit history just like a mortgage or home loan would, but you need to request it.