Sentences with phrase «prime credit scores»

Consumers with super prime credit scores enjoyed a nearly 2.5 percent increase in the average amount of available credit.

Borrowers end up with less - than - prime credit scores for all sorts of reasons, some of which are beyond their control.

Rewards used to be reserved for prime credit score applicants, but no longer.

In contrast, slightly more than 62 percent of last quarter's loans were for those with prime and super prime credit scores, the credit reporting agency said in a news release.

Last year, one out of every four new - car loans went to a borrower with a below - prime credit score of 679 or lower.

Consumers with prime credit scores who are considered stable exhibit specific behaviors in their credit profiles when compared with the average prime - credit - quality consumer, including fewer trades, fewer inquiries, lower bank card utilization and fewer auto and real estate trades.

But less than 1 % of those with super prime credit scores — 751 to 850 — will see any improvement.

And while having a prime credit score does make things smoother, having a fair score may not mean you can't buy a home.

Despite new figures coming in, it is comforting to note that there has been an upward trend in relation to prime credit scores (scores between 680 and 850), from 47 % of the population in 2005, to 48.9 % in 2014.

Consumers with super prime credit scores can literally save tens of thousands of dollars over prime credit scores.

And prime credit scores can save nearly double the cost of non-prime credit scores.

But less than 1 % of those with super prime credit scores — 751 to 850 — will see any improvement.

The firm has stated that the special code would be sent out to millions of consumers with a prime credit score.

According to the Center for Financial Services Innovation (CFSI), a leader in defining financial health, having «a prime credit score» is one of the eight major indicators of financial health [1].