Sentences with phrase «poor credit record»

In general, lenders insist on a higher down payment for people with poor credit records.

The near - absence of lenders means a jumbo borrower, even one with stellar credit, pays a significant premium above what conforming - loan borrowers pay, even those with far poorer credit record.

«By the same standard of fairness, people with poor credit records should pay more than people with excellent credit,» Lynch says.

Lenders and finance companies have dramatically pulled back the number of loans they issue to borrowers with the poorest credit records.

The biggest trick that lenders have ever pulled is to convince the public that having a poor credit record drastically ruins their chances of buying a new home.

On the other hand, unsecured loans normally have higher interest rates and can be harder to get --- particularly if you have a poor credit record.

Just because you have a poor credit record doesn't mean you can't get credit whether you do it yourself or if you let a Vitesse Financial credit repair specialist help you repair your credit.

After sampling over 100 different credit cards, we found that a benchmark consumer can pay on average of 80 % more to pay off their credit card debt if they have a poor credit record rather than a good one.

Banks charge a higher rate from the customers with a poor credit record, because such people have a high possibility of defaulting bank loans.

Some mortgage brokers and lenders might charge a prearranged fee for finding or providing loans to those with a poor credit record.

Recent studies have shown that Seventy percent of homes that have been repossessed in recent months have been owned by consumers in the sub-prime category, those people with fair to poor credit records.

in the sub-prime category, those people with fair to poor credit records.

- You don't have a credit record - You have a poor credit record - You can't find a bank that will loan money to you - The terms set by the bank are too expensive - You have a friend or family member willing to negotiate a personal loan

Recent studies have shown that Seventy percent of manufactured homes that have been repossessed in recent months have been owned by people in the sub-prime category, those people with fair to poor credit records.