Sentences with phrase «recent good credit history»

Not exact matches

Earnest is geared towards financially savvy borrowers with good to excellent credit, meaning the lender looks for borrowers with little to no debt, good credit history and no recent bankruptcies or accounts in collection.

To improve your chances of getting approved at Earnest, we recommend borrowers have good credit history, a demonstrated ability to save, a low debt - to - income ratio (excluding student loan and mortgage debt), a full - time job or job offer, no history of being charged overdraft, NSF or late fees and no recent bankruptcies.

If you otherwise have had some good credit history and this situation is very recent, it may not even show up on your credit report yet and another bank might happily approve you.

Well, none of them will come as a great surprise, with employment security and income, the size of the down payment, and recent credit history all playing a part in the fate of a mortgage loan application.

Their driving records and credit histories are good — in particular, they haven't had any crashes, accidents, or moving violations in the most recent five years they've been driving.

The good news is that your most recent history is what will impact your credit score the greatest.

The rest of the unsecured loans require credit checks and ultimately need a good recent credit history for approval.

Present in this area will be all of your accounts as well as the information below: - Creditor - Account numbers - Most recent account balance - Date you opened the account - Credit limit - Account status - closed, inactive, open, etc. - Current payment status - late, 30 days late, 60 day late, etc. - Payment history - Monthly payments being made - Last dates each of the bureaus updated the account - High balance - More specifically, the highest balance you ever had on the account.

While the FHA is lenient enough to help those with bad credit ratings, they also require recent credit history to be in good standing.

In general, the reasons good - credit applicants get denied for a new credit card are because of too many recent accounts (such as in the case of churners), or because of a limited credit profile (typically a credit history less than year long).

These consumers typically have well - established credit histories, no recent missed payments, carry low balances, apply for new credit infrequently, and have a variety of credit types.

Their driving records and credit histories are good — in particular, they haven't had any crashes, accidents, or moving violations in the most recent five years they've been driving.

That's because a good review of your recent credit history can show mistakes and errors that are hurting your score — and by fixing these, you'll boost your score.