Sentences with phrase «rely on the creditworthiness»

Unsecured loans require no collateral, so the lender must rely on the creditworthiness of the borrower when approving a loan.
Therefore investors must rely on the creditworthiness of the product issuer or a guarantor such as the issuer's parent company.
In these cases investors rely on the creditworthiness of the third parties to pay out their investment returns.
Unsecured loans do not require collateral, which means the lender must rely on your creditworthiness when deciding whether to grant you the loan.
Instead, the lender will have to rely on the creditworthiness of the individual borrower.
Hard - money lenders do not rely on the creditworthiness of the borrower.

Not exact matches

Until your business reaches a substantial size ($ 5 million to $ 10 million in annual revenue or more), the bank is going to rely heavily on your personal financial statement and personal credit score to determine the creditworthiness of your business.
Traditional credit data relies on the likes of mortgage and car payments to score consumer creditworthiness.
Traditional credit scoring models rely on past credit accounts, like loans and credit cards, to assess a user's creditworthiness.
A personal loan for vacation is unsecured — no collateral required — which means the lender relies solely on your creditworthiness and income for qualification.
With increasing distance from the underlying asset these actors relied more and more on indirect information (including FICO scores on creditworthiness, appraisals and due diligence checks by third party organizations, and most importantly the computer models of rating agencies and risk management desks).
Banks rely on credit score to measure the creditworthiness of respective mortgage applicants.
However, if your starting a new business or your existing business doesn't have established business credit, the lender may rely more heavily on your personal creditworthiness when making their lending decision.
Knowing this, at CashUSA.com, we rely on your job history and regular paychecks to determine your creditworthiness.
Please note: The credit score provided by Score Tracker can not be relied on to determine creditworthiness for any particular loan opportunity.
Unlike most traditional lenders, we don't rely on credit scores alone to measure your creditworthiness.
The company is well - known for using proprietary algorithms to evaluate the creditworthiness of an applicant, instead of relying solely on traditional benchmarks such as credit score and income.
These are unsecured loans, so the lender relies exclusively on your creditworthiness and income for qualification.
Many lenders and businesses rely on credit score when it comes to assessing the creditworthiness of consumers in order to decide whether a person will pay bay his debt if granted credit.
But, unless your score is approaching 800, relying on a number to reflect your creditworthiness can oversimplify the picture.
The Flexible Income Fund relies on the Fund manager to undertake a careful analysis to determine the creditworthiness of the issuers of rated debt (on debt ratings by Moody's Investors Service, Inc., («Moody's) or S&P Global Ratings, («S&P»)-RRB-, as well as the issuers of debt not rated by Moody's or S&P.
What's more, these lenders aren't relying exclusively on technology to streamline the process, but have created a new paradigm for evaluating business creditworthiness that is allowing more small business owners to access more capital than ever before.
Yes, no matter the card's features or origins, nearly every credit card issuer will rely on your credit history and score to determine your creditworthiness before approving your application.
So consumers can't rely exclusively on the credit scores they receive to understand how lenders will view their creditworthiness.
(TNS)-- They make up the fastest growing segment of the U.S. population, yet Hispanics are increasingly locked out of homeownership because of tighter lending standards that rely on outdated measures of creditworthiness.
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