Sentences with phrase «rebuild their credit reputation»

Firstly, the motive of the borrower is usually positive, where the desire to rebuild their credit reputation far outweighs the risk that they may take the money and run.

However, those brave enough to see that borrowers are eager to rebuild their credit reputations, are more open to granting approval.

Of course, the fact that secured credit cards are backed up by a deposit lowers the interest that is charged on them, but they present the opportunity to rebuild the credit reputation of the cardholder too.

Basically, getting loan approval provides a golden opportunity for these borrowers to rebuild their credit reputation.

Not exact matches

By knowing how potential lenders view you as a borrower based on your credit score, you can be proactive in your quest to rebuild your borrowing reputation to the level that will make you into an acceptable risk.

When considering which card to opt for when rebuilding credit, you should consider the following factors: type of credit card, reputation of lender, and interest rate.

If you have bad credit, you might need a credit card that will help you rebuild your financial reputation.