Sentences with phrase «payment patterns»

While a credit score reflects credit payment patterns over time, there is an emphasis on recent information.

Following this kind of responsible payment pattern lets creditors know that you can handle a large amount of credit.

Try to keep up with good payment patterns so your report will show you are handling your credit well.

Credit scores can change over time, depending on your conduct, how your credit history and payment patterns change, and how credit scoring technologies change.

I've found that a simple tracking tool can help take the mystery out of client accounting schedules and can reveal a steady payment pattern.

The way around this problem is to find a principal payment pattern that keeps the total overall payment the same.

Certain practice areas tend to attract a high level of clients with poor payment patterns.

To qualify for these common types of financing and get the lowest interest rates, you must be able to show responsible payment patterns.

If you can get your payments up to date and continue paying on time, your good payment patterns will start to erase your poor ones from the past.

The agencies select statistical characteristics found in a person's credit payment patterns, analyze them and come up with a credit score.

The reversal in payment patterns between credit cards and mortgages has been well documented, but our findings were illuminating because it had not been previously clear that auto loans were considered a higher priority by consumers than both credit cards and mortgages.

A consumer's score tends to get dinged when the consumer's payment pattern varies from the broad average, but when the broad average itself shifts, changes in scores might not adequately reflect broad changes in creditworthiness.

Learning about payment patterns is critical in a marketplace that has once again become highly competitive across all risk tiers,» said Becker.

Credit reports and scores give lenders a look at payment patterns and history of past financial commitments, if the buyer has an extended history of paying on time they are more likely to be considered for the mortgage they're seeking.

«One of the biggest impacts of the Great Recession to the credit system was its influence on consumer payment patterns,» said TransUnion's Ezra Becker in the press release.

• Strong knowledge of third - party billing, A / R follow up and analyzation of aged receivables, focused on slow payment patterns of various accounts and viewed all trends and rejection notices.

The impact of past credit problems on your FICO ® Score fades as time passes and as recent good payment patterns show up on your credit report.

Scores reflect credit payment patterns over time with more of an emphasis on recently reported information than older information.

-- Responsible payment patterns have helped the state maintain its spot on the list of top 10 credit scores.

If a good payment pattern has been maintained, regardless of a specific period of financial difficulty preceded it, the borrower may escape disqualification.

Solution: Spend a few moments analyzing, on paper, the three factors that relate to your credit picture — your required credit limit, your payment patterns, and your special «challenges.»

LexisNexis uses outstanding debt, payment patterns, length of credit history, available credit, late payments, new applications for credit, type of credit used, past - due amounts and public records in calculating its insurance score.

The card functions in the same way whether you are a revolver or a transactor — it's the payment patterns that dictate your classification.

As we just discussed, your payment patterns and history are a driving force in your overall credit score.

The payment pattern is designed to mimic the expected salary pattern of a new college graduate.

The scores are based on data about your credit history and payment patterns.

Though it's less critical than your payment pattern (35 percent) and how much outstanding debt you're carrying (30 percent) compared to the amount you can borrow, it does push the numbers up.

As we just discussed, your payment patterns and history are a driving force in your overall credit score.

Creditors can also watch your credit reports and assess your spending, payment patterns, and management habits.

Credit scores usually reflect the payment pattern over a period, but their emphasis is more on recent information; therefore, the best way to fix your credit score would be to pay your bills and dues on time.

Responsible payment patterns have helped the state maintain its spot on the list of top 10 credit scores.

It's difficult to build «business credit» when the business credit card you use doesn't report your purchase and payment patterns to business reporting agencies.

«The battlefield is still around the reward components and, depending on what your payment patterns are, around the financing.»

Since we have seen no change in your payment pattern, your account has been switched to COD and will remain on these terms for the indefinite future.

Some credit variables that are used include: outstanding debt, length of credit history, late payments, new applications for credit, types of credit used, payment patterns, available credit, public records, and past - due amounts.

Read and Scrutinize the payment pattern carefully.

The New Full Credit Report from Rentec Direct provides a detailed view of an applicant's credit history including FICO credit score, payment patterns and payment history, bankruptcies, liens and judgements, collection accounts, SSN validation and residence and employment information.