Sentences with phrase «poor credit risk»

All to discourage poorer credit risks from entering the housing market.

If these credit card cryptocurrency crackdowns actually do keep poor credit risks from purchasing cryptocurrencies, however, then it would actually serve as a useful service to the overall cryptocurrency market, keeping out short - term speculators whose only motivation is to make a quick buck.

As such, they may be willing to lend to businesses that are poor credit risks.

Running credit checks on potential customers can be a great way to protect your business from cash flow problems that arise with doing business with customers who may be a poor credit risk.

Protect your business from cash flow problems that arise with doing business with customers who may be a poor credit risk.

Having student loan debt that you can not pay makes you a poor credit risk.

The addition of the high - quality credit quickly raises the scores of any authorized users — even though the add - on user may still be a poor credit risk and is likely to default.

Anything above 750 is considered excellent credit, but a score of 600 or below makes you a poor credit risk.

If you are viewed as a poor credit risk you may not be able to take out a consolidation loan, or you may be offered one on worse terms and conditions, for example at a higher interest rate.

If you are viewed as a poor credit risk, it is possible that a good deal may not be available to you.

By sharing information about people who were poor credit risks, they lessened their own risk and were able to offer more credit to more people.

As a solution to this problem as far back as the 1860s local merchants began to maintain lists of individuals who were poor credit risks, and then would share the lists with other merchants.

Anybody can run into hard times or an emergency situation now and then, but that doesn't automatically mean that they are a poor credit risk and suffer from a bad credit rating for a magical 7 years.

Historically, it was difficult for borrowers to obtain mortgages if they were perceived as a poor credit risk, perhaps because of a below - average credit history or the inability to provide a large down payment.

Anything above 750 is considered excellent credit, but a score of 600 or below makes you a poor credit risk.

If you become a poor credit risk, or repeatedly fail to make your payments, or if you file for bankruptcy protection — all of those are reasons banks can terminate your account.

I realize you prefer to pay cash, which is why you do not have any credit cards, but having no credit cards, believe it or not, makes you a poor credit risk in the eyes of a lender.