Sentences with phrase «own lack of credit»

If you looked at unemployment, housing, commercial property, business order books, lack of credit and abundance of debt, there was no doubt that we were still in deep trouble.

«The lack of a credit history, or the borrower's decision to not use credit, may not be used as the basis for rejecting the loan application.»

You're going to have some upfront costs with a secured card, but that low 13.99 % APR, credit reporting and lack of a credit check are great features worth the cost.

Though the ECB has acknowledged that one of the main factors underlying the eurozone's stagnation is a lack of credit growth, any potential use of QE seems unlikely to make much of an impact in this regard, even if an announcement of QE could drive yields down further, making it even less attractive for banks to hold government bonds.

Often teens who walk with their class receive their diploma at a later date because of lack of credits.

If your teen is not graduating because of lack of credits, is there a summer school course he can take that will allow him to walk with his class?

The lack of credit didn't hold Wu back.

That lack of credit often means a lack of concern for the natural world as development decisions get made.

We also knew that everyone said that lack of credit transfer was the biggest student complaint and had been for decades.

If you're afraid your not - so - perfect credit or lack of credit history will prevent you from getting a car loan, don't stress about it.

«The lack of a credit history, or the borrower's decision to not use credit, may not be used as the basis for rejecting the loan application.»

They Offer Competitive Interest Rates Compared To Banks That a borrower is not qualified to obtain a loan from a standard bank because of lack of credit or other monetary problems does not automatically imply that the interest rate gotten from a title lender will be exorbitant.

Matute's fear of credit and lack of credit knowledge are common across college campuses.

Don't let your lack of a credit score discourage you from purchasing a home.

Hard money lenders from Source Capital don't judge your potential based on a lack of credit or past mistakes.

Lack of credit.

Credit scoring on renters insurance hits hardest the people who need the coverage the most, so a lack of credit as a rating factor helps to bring equality to insurance markets.

Although the practice is controversial, a bad credit history — or lack of credit history — can lower your chances of getting a job for which you otherwise are qualified.

An Alabama regulation in its final stages that would prohibit insurers from considering an individual's lack of credit history.

Applying with a cosigner that has a strong enough financial profile may increase your chances of being approved despite your own lack of credit or income.

Unlike normal credit cards, student cards can be quite easy to get when you're in school and have a lack of credit history.

so my lack of credit could be repaired.

There is one other thing that is important to remember: A lender can not reject your loan application based on your decision not to use credit or a lack of credit history.

Research suggests that one of the leading causes for certain age groups having thin credit files is a lack of credit cards.

For years, the FHA has advertised its products as loans for consumers «on the margins» of homeownership; those with less - than - perfect credit scores, with elevated debt - to - income ratios, or with a lack of credit history.

Without credit, it's unlikely that you'll qualify for a conventional loan or be approved for a credit card, at least not without extreme interest rates attached, or being required to pay a large down payment to compensate for a lack of credit history.

Those with bad credit or no credit history at all can benefit from the lack of a credit check associated with these loans and the fast application and authorization process ensures that the money requested is available within a short time, which is ideal for unforeseen financial emergencies that can sometimes occur in between your pay days.

Some borrowers who are in need of a good car loan find that their lack of credit history is a stumbling block to getting behind the wheel of the car they...

If you're able to negotiate owner financing instead of going through a bank, your lack of credit may not be a factor.

This is something of a grey area, since the lack of a credit history is no proof that the borrower is high risk.

The credit card companies said they were rejecting me due to my lack of credit history, but also told me the credit score they received for me was in the 700s.

A poor credit score or the lack of credit history can make it difficult for an individual to obtain a personal loan of any kind because he is deemed a high - risk investment.

If you are in either situation, be wary of ads that promise you «instant credit» or «a major credit card regardless of your lack of credit history or your past credit record.»

Sometimes, due to bad credit or lack of credit people find it very difficult to get approved for a personal loan.

While this is good since you will not have other loan payments to make, this lack of credit history can cause a worry to lenders.

Most lenders will require a cosigner due to a teenager's lack of credit or demonstrated consistent income.

You don't have to let a lack of credit stop you from your financial goals.

The lack of credit card debt helped boost the profile of several states, with six in the top 10 boasting average household debt balances below the national average of $ 5,116.

If you have damaged credit or your lack of credit history is affecting your ability to open accounts, look into getting a secured credit card.

The lack of a credit history, excessive personal debt, short - term employment and other more nebulous factors may be the reason for being declined for a credit card.

FHA states that, «Neither the lack of credit history nor the borrower's decision not to use credit may be used as a basis for rejecting the loan application.

A poor credit score, or lack of credit history, can make it difficult to take out a mortgage or even to rent an apartment because lenders will only offer high rates of interest in such circumstances.

With a lack of credit «depth» will not have to document non-traditional credit items such as utility or insurance payments

So don't fail to apply even if another lender has rejected you due to your credit score or lack of credit.

Cash is not the important factor here — it is lack of credit — that comes in the way.

If you're one of many people who have a low credit score due to a lack of credit, it can help to raise your credit score to get a credit card and use it regularly, being sure to pay it off in full each month.

Similar to lack of credit — having a bad credit also hurts us.

By putting the terms, agreements and interest rate in writing, it makes the loan official, keeps you accountable, and gives you the chance to borrow money if your lack of credit might get you turned down elsewhere.

Another concern of personal finance experts is the lack of credit rebuilding power associated with a debit card.

But after a chat about the reasons — which I concluded were mainly a lack of credit history — I decided credit was not a reason to turn them down.