Sentences with phrase «primary factors in a credit score»

While credit reporting practices and scoring methods differ depending on the creditor, potential lender, and credit bureau, payment history is always one of the primary factors in a credit score.

Not exact matches

Information in the form of salary / assets, expenses, and your credit score are the primary deciding factors.

The balance of a collection account is not the primary factor which lowers a person's credit scores, but rather it is the fact that the delinquency occurred in the first place.

While the Farm Service Agency states that applicants need to have acceptable credit history, your credit score is not a primary factor in the loan decision process.

Since inquiries are the primary factor which accounts for 10 % of your FICO credit scores and the range of FICO scores is 300 - 850 (550 total available points) then there could be the potential for a consumer to earn up to 55 points for her credit scores in the inquiry category.

In truth, there are only a handful of primary factors that influence your score, so it's no secret how to improve a bad credit situation.

It is different from bank mortgages, based on credit score in that equity is the primary deciding approval factor.

It just means that instead of using credit scores as a primary factor in lending decisions, the company focuses on how businesses perform financially in terms of monthly revenue and cash flow.

Your credit score is a primary key factor in determining the different aspects of your mortgage.

The states New Jersey and Pennsylvania have had a decrease in uninsured motorist probably based on companies willing to insure drivers without weighing credit scores as the primary determining factor to have insurance.