They are around specifically to help
people with good credit get personal loans at a lower rate than they'd get from traditional lenders.
Because some banks require a credit score of at least 720 to qualify for a personal loan, most
people with good credit will also be denied a loan.
You will get a mortgage at 8 - 15 % interest which is a huge difference compared to banks offering similar products to
people with good credit at 2.7 - 4 %.
They feel more secure when working
with people with good credit scores but unfortunately, the stringent measures often leave other loan seekers out in the cold.
Instead, limit your options to rewards cards that
accept people with good credit, or even those for people with fair credit, although the options will be more limited.
Generally, consolidation loans should only be considered
by people with good credit histories and a relatively high proportion of high interest debt (such as store and credit cards).
With «Mortgage Interest Rates» at all time lows, banks aren't wanting to lend — even to
people with good credit unless you are a highly qualified borrower.
Using your credit card in a responsible manner for a few months will give you the opportunity to apply for a credit card that is more geared
towards people with good credit.
Homeowners get discounts and
people with good credit get discounts, so we feel that renters should be entitled to the same discounts on car insurance.
As with other credit cards the best cashback deals tend to be reserved for
people with the best credit records, but if your credit rating isn't perfect you could still be accepted for a card with a slightly lower rate of cashback.
Cunningham says even
people with good credit need to make sure that the basic information on all three credit reports is accurate because an inaccuracy will need to be corrected and can cause a delay when you're getting ready to settle on your home.
People with good credit tend to receive more attractive pricing than those with lower credit scores when it comes to credit cards, just as they would if they were applying for a car loan or mortgage.
There's an idea causing
more people with good credit, that might increase the revenue and at the same time decrease FHA's insurance payouts.