Sentences with phrase «part on your credit score»

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.

Credit card companies charge a variable rate, based in part on your credit score.

EDvestinU relies in part on your credit score * or your cosigner's (if applicable) to determine eligibility for private student loans.

EDvestinU relies in part on your credit score * or your cosigner's (if applicable) to determine eligibility for the EDvestinU Consolidation Loan.

When you refinance, the lender sets your rate based in part on your credit score.

If an insurance company submits proposed rates based in part on credit scores, the California Insurance Department won't approve them unless it can look inside the black box to make sure it's not discriminatory, according to Elizabeth Moore, a department attorney.

Auto insurance companies have long been basing car insurance quotes in part on credit scores.

Not exact matches

Many lenders and other commercial users rely in part on these scores when deciding whether to extend credit.

Knowing what your credit score is and monitoring it on a regular basis should be part of your financial routine.

Again, multiple areas will be looked at when deciding on the interest rate, but your credit score will be a be part of that.

Part of your score is based on how much of your available credit you actually use; this is your credit utilization ratio.

Having your loan tied to a part of your home's value usually results in lower interest rates, Drake says, but someone with a good income and a high credit score may be able to get a low rate on a personal loan or peer - to - peer loan.

While it's not as important as making on - time payments or getting rid of debt, your credit history can be a valuable part of your score.

This had long - lasting effects — African Americans still have, on average, much lower credit scores than whites, in part because they didn't have the means of building wealth through homeownership that whites had.

Some parts of your credit history are more important than others and will carry more weight on your overall score.

And an online dating site is betting that hooking people up — in part based on their credit scores — will score lots of users.

Nevertheless, the first part (in particular Chopra's staging of the Tube station scene), A. R. Rahman's score, and Anushka Sharma are outstanding, while the credit reel of Yashji on set had me in tears.

As the credits roll on Metal Gear Solid: Snake Eater and Harry Gregson - Williams» pitch - perfect score amplifies the raw anguish, we part ways with a character that is left questioning his own allegiances.

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.

Eagle Home Mortgage is based on the principle of lowering the barriers to homeownership for Americans — and part of that is boosting your credit score.

Based on this formula, the largest part of your credit score is derived from your payment history; and, the amount of debt you carry versus the amount of credit available to you.

A lower credit limit may result in a lower credit score because it's based in part on how much you owe relative to your available credit.

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

Some parts of your credit history are more important than others and will carry more weight on your overall score.

While PersonalLoans.com does offer loans to those with bad credit, they do base part of your interest rate and loan amount on your credit score, so if you have really bad credit, you should be prepared to pay more in interest rates.

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.

For the most part, a business credit score relies almost entirely on a company's ability to pay their debts to other businesses in a timely manner.

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.

Homonoff, who is affiliated with the Robert F. Wagner Graduate School of Public Service at NYU, added: «There are some parts of the credit score algorithm that are very hard to effect, but paying bills on time and being aware of credit utilization are things people can do with some ease, even if they're in a tough financial position.»

Your score will take a hit, and how hard depends in part on what kind of credit you had beforehand.

While the bank has to send the free credit score without any action on your part, you have to actually request your free credit report.

If you've slogged through the first four installments of my 5 - part series on boosting your FICO ® credit score, you're 90 % of the way to the goal of understanding how what you do affects your credit rating (and your credit rating is a big deal, even if you've no plans to borrow money).

This concludes part 1 of 5 on how credit score is determined and why it's so important for you, an American financial consumer, to understand this.

In the first post in this five - part series on how to boost your FICO ® credit score, we went over credit utilization: what is it, and what you can do to optimize this element of your credit score.

Part of your credit score depends on your debt utilization ratio — that's how much debt you owe in relation to the amount of credit available to you.

My suggestion on the credit mix part of your FICO score is «chill out.»

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

Making your student loan payments on time every month is a critical part of keeping your credit score healthy.

Part of your credit score is based on the types of account you have.

For the most part, credit inquiries have only a minor impact on FICO Scores.

Part of your credit score is based on how much credit you utilize (your credit utilization score), so the more credit you have available, the higher your credit score.

The most important part of any credit score is making payments on time.

Chicago renters insurance is rated in part based on an insurance credit score.

Part of your credit score is based on your credit utilization, which is how much you owe in relation to how much available credit you have.

Your DTI is not part of your credit risk score, but banks use the fraction to determine your ability to make future payments on time.

Lower down payments for buyers, lower home equity for refinancing homeowners and lower credit score requirements are the appealing parts of FHA loan guidelines for condo owners; but unless a condo development is also on the FHA approved list, an FHA - insured loan can not be approved.

«As your payment history is a big part of your credit score, it made me happy to see there weren't any errors on my report,» he says.

Note, this part of the score only looks at «hard inquiries» on your credit report.

Banks provide business lines of credit to business owners who have established businesses with a recognizable degree of profitability, and a business's credit score is based in part on that business's payment activity.

However, this is only a tiny part of what determines your credit score — and truthfully, has little bearing on your overall score.