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.