Sentences with phrase «part by their credit scores»

Because the rate on a Brazos Refinance loan is determined in part by your credit score, you may be eligible for a lower rate.

The interest rates homeowners receive are determined in large part by their credit scores.

That's determined in large part by your credit score.

He also stressed that the quality of mortgages in Canada, as determined in large part by the credit scores of borrowers, is much better.

Not exact matches

A big part of that calculation is your credit score, which can be negatively affected by new credit applications.

Part of your credit score is calculated by looking at how many cards you have with balances.

She was credited with greatly improving test scores in Washington, D.C. schools, but this accomplishment was cast into doubt by a USA Today investigation that suggested that test score gains during her term may have been the result of cheating on the part of school officials.

Lenders make well over $ 1 trillion in loans every year based in large part on credit scores developed by Fair Isaac Corp., a firm based in San Jose, Calif., that attempts to quantify which borrowers are most likely to repay the money on time.

Should anything happen, you can keep up the payments and your credit score will not be affected by someone else's unwillingness to keep up their part of the financial burden.»

An unsecured card is acquired by virtue of your creditworthiness, your credit score and other factors; the card issuer extends credit with no collateral on your part.

New accounts (10 percent of your score) In addition to the recently opened accounts possibly hurting more than helping your score as part of the length of credit history calculations, the «hard» inquiries brought on by those new account openings can also keep your score from being higher.

It might seem strange that this is possible, but since credit scores are not the most influential part of any application, securing mortgage loan approval is not necessarily ruined by a very low score.

Therefore, every new credit card inquiry can perhaps hurt your credit score (although it's by less than 5 points each for the most part).

Because the most significant part of your score is your payment history, you can fix your credit score by paying your bills on time.

Additionally, you can increase credit score by paying down your credit cards because how you use credit is the next important part of your FICO score.

By closing the oldest credit card account, you are essentially erasing part of your credit history which can drop your credit score.

They had actually hurt their scores by taking away part of their credit histories and made credit repair harder.

Because your credit score is determined, in part, by the amount of credit card debt you carry compared with your credit card limits (the «credit utilization ratio»), transferring a balance to a new card can help you pay off debt and improve your credit score.

Part of your credit score is determined by the average of how long your credit accounts have been open.

Part of your credit score is determined by the types of credit you have (mortgage, credit cards, student loans, etc.) and a car loan is one type of credit.

If a credit card was not a part of your credit past, being able to round out your credit history by showing multiple types of credit helps to improve your credit score too.

The FICO ® Credit Score is a credit rating that forms a major part of the information used by lenders in assessing the risks involved in a loan applicCredit Score is a credit rating that forms a major part of the information used by lenders in assessing the risks involved in a loan appliccredit rating that forms a major part of the information used by lenders in assessing the risks involved in a loan application.

A large part of your credit score is determined by your credit history and by keeping your old credit cards can help improve your credit score.

Similar to a debt consolidation loan, part of your new mortgage rate is determined by your credit score and debt - to - income ratio (DTI).

Your credit score is also determined in part by the total amount owed on your credit cards relative to their limit.

Which brings us to the second rule of thumb: Your credit score is determined in part by the length of your credit history.

However, some companies are confusing consumers by offering them a free credit report and score that are not part of the mandated free annual credit report program.

As part of a due diligence process before a deal, the credit score of the business will likely be examined by the party that wishes to engage in a financial transaction.

This is the part of your score that would be impacted by signing up for a new credit card.

If not, you can improve this part of your score by paying off debts or increasing your total credit limit (which could include opening another card).

When you make a purchase on your credit card at a gas station or apply for a job with a background check, your credit score is either directly affected by or plays a part in your everyday life.

A big part of the myth says that, even if it does appear on your credit report, medical debt is treated differently by the credit bureaus who will not assign a heavy weighting to it in scoring your credit.

FICO Scores distinguish between a search for a single loan and a search for many new credit lines, in part by the length of time over which inquiries occur.

A big part of your credit score is calculated by looking at how much you are borrowing at any time compared to how much available credit you have.

Part of your credit score is determined by how much of your total credit has been used.

These days, credit scores aren't just checked by lenders anymore - potential landlords and employers more often include a credit check as part of an applicant's background check.

You don't need to be completely debt - free to purchase a home, but paying down high balances can improve your credit score and increase your mortgage affordability, as part of that is determined by your debt - to - income ratio.