Sentences with phrase «people with a low credit score because»

Institutional lenders are very keen to avoid people with low credit score because it shows they might default on a loan.

Auto financing can be difficult for people with a low credit score because car vendors» are wary of consumers who might default on a payment on their cars.

Not exact matches

Over the life of the loan, the person with a lower credit score will pay an additional $ 720 because of the higher interest rate.

This makes it imperative for each person to have a high credit rating, because conventional lenders will charge you based on the spouse with the lowest score.

Applicants with low credit scores have fewer options when it comes to choosing a credit card because few credit card issuers offer credit card for people with bad credit scores.

But the big benefit is that people that can not get approved for a mortgage because of a low credit score might pass for a mortgage with trended data.

Because of that, people with low credit scores or a limited credit history may be unable to win approval for a traditional credit card.

If you have a good credit score, then you should be looking for other premium cards because Orchard Bank Classic MasterCard is, from what I can tell, for people with poor credit or low credit score but hoping to improve their credit by using a credit card that fits them responsibly.

Banks and credit unions do not lend to people with low scores because the risk of defaulting is very high among them.

FHA Loans with a Second Chance Mortgage: People with poor credit migrate to FHA because they approve loans for people with fico scores as low aPeople with poor credit migrate to FHA because they approve loans for people with fico scores as low apeople with fico scores as low as 500.

Having a lower credit score will cost you more in raised vehicle insurance rates, because auto insurance companies have determined that people who take more risks with their money will take more risks on the road.