Sentences with phrase «overall creditworthiness»

This element of the evaluation process is in the best interests of the borrower, as it helps to prevent establishing an obligation that could have a negative impact on overall creditworthiness.

Instead of a 3 — 1 ratio guideline of income to debts to determine qualification, HUD uses the residual income method to determine qualification and they are looking for overall creditworthiness.

Borrow only what you need for debt consolidation, home improvements and more — with APRs based on overall creditworthiness.

Your credit score is a good indicator of your overall creditworthiness, but it doesn't tell lenders about one important thing: your income.

Your credit score is a good indicator of overall creditworthiness, but it doesn't tell lenders about your income.

While more issues are being rated nowadays, the overall creditworthiness of the market has also been enhanced.

Your credit score is a good indicator of your overall creditworthiness, but it doesn't tell lenders about one important thing: your income.

Avoid refinancing which usually attracts additional fees and impact negatively on your overall creditworthiness; especially if your lender chooses to report you to the credit bureau.

With that in mind, it is important to gain a better understanding of how credit scores work so it'll be possible to improve your overall creditworthiness.

Lenders will look at these credit scores to determine a consumer's overall creditworthiness and trustworthiness as a borrower.

A lender will also look at your debt - to - income (DTI) ratio, cash reserves and other factors to help gauge your overall creditworthiness.

Although the three credit reporting bureaus use similar methods to determine a credit score, the formulas they use are not exactly the same and your credit score will vary from bureau to bureau, which is why it's important to check your credit score with each of them to get a fuller overall picture of your overall creditworthiness and how you look to your potential lenders.

Granted, this score is better than none, and it can at least give you an indication of your overall creditworthiness.

If you have a long history of credit (and in turn, a longer history of paying your bills), then lenders and creditors will have more information with which to assess your overall creditworthiness.

However, this information doesn't include the crucial FICO score, which is what measures your overall creditworthiness.

This can be frustrating; however, it is important to realize what a toll it can take on one's overall creditworthiness.

By following this set of guidelines, you may be able to increase your chances of loan approval by raising your credit score and increasing your overall creditworthiness.

More than a specific credit score, however, Chase will be looking at your overall creditworthiness to see the credit limit for which you qualify.

For those who do not know, a credit score is a numerical expression that represents the overall creditworthiness of an individual.

However, this information doesn't include the crucial FICO score, which is what measures your overall creditworthiness.

For those who are wallowing in low - credit limit limbo, the best way to improve your available credit is to improve your overall creditworthiness.

More than a specific credit score, however, Chase will be looking at your overall creditworthiness to see the credit limit for which you qualify.

The APR differs depending on the Prime Rate market and your overall creditworthiness.

SunTrust will analyze your credit history to look for red flags and overall creditworthiness.

Your credit score is a good indicator of your overall creditworthiness, but it doesn't tell lenders about one important thing: your income.