Not exact matches
In Texas, where regulation is lax, lenders make more than eight times as many payday
loans as
installment loans, according to the most
recent state data.
Of course one can't help but notice that many of them seem to be on
loan from Harry Potter, three of the principal cast members having also starred in the most
recent installment of that franchise.
A person with an 850 credit score has a long history of on - time payments, with no delinquencies or defaults, a wide variety of revolving and
installment loans, like car
loans, mortgages, credit cards, and student
loans, and no
recent applications for new credit.
Lack of
recent installment loan information Proportion of balances to credit limits on bank / natl rev accts or other rev accts too high Length of time accounts have been established Too many inquiries last 12 months Too many consumer finance company accounts
A
recent trend is for payday lenders to make multi-payment «payday
installment»
loans, which can be for larger amounts and extend the cycle of high - cost debt even longer.