Sentences with phrase «on the consumer report tend»
The hard inquiry from the application and the new trade appearing on the consumer report tend to suppress your risk score.
https://www.growingfamilybenefits.com/ Not exact matches
Although softness has been reported across much of the retail sector, the department store set is particularly vulnerable because it relies heavily on dwindling mall traffic, and tends to cater to middle - income consumers.
The high ongoing interest rates on deferred - interest cards tend to be «24 % to 26 %, regardless of a consumer's credit score,» according to the CFPB report.
FICO reached a similar conclusion in a 2017 report, citing that consumers with tax liens are «very likely to have additional derogatory information on their credit file and therefore tend to score relatively low, even after the public record data in question has been removed.»
Based on research from FICO, consumers who have a mix of credit types on their credit report tend to be less risky than those who have experience with only one type of credit.
Unlike consumer credit, which largely revolves around a fairly standardized credit ranking system, business credit scores tend to vary based on the reporting company or bureau.
«FICO's research has found that, all things being equal, consumers with a «mix» of credit types on their credit reports tend to be less risky than those who have experience with only one type of credit.»
«FICO's research has found that, all things being equal, consumers with a «mix» of credit types on their credit reports tend to be less risky than those who have experience with only one type of credit,» Paperno said.
Another factor is that consumers who had tax liens or civil judgments in their credit reports also tended to have other signals of credit riskiness: about 89 % of consumers with judgments or liens had a delinquency of 90 days or longer on their credit record, compared with 34 % of consumers without those black marks.