Sentences with phrase «repayment record»

Customers who are maintaining a good repayment record for their Loans & Credit Cards are treated as preferred Customers.

These banks are especially willing to work with people who have been loan customers in the past and had good repayment records.

Credit scores are based on a number of factors, including your credit card history, debt repayment record, and debt - to - income ratio.

These web - based companies focus on working with consumers with limited history or a poor repayment record.

Traditionally, payday lenders treat all their customers the same: Repeat borrowers with perfect repayment records are charged the same interest and fees as unproven first - time borrowers.

So to enjoy the facilities provided by a Personal Loan it is advisable to plan your budget and maintain a healthy repayment record.

One long - term approach to this is to begin building a credit card history with great repayment records and responsibility.

Credit scores are based on a number of factors, including your credit card history, debt repayment record, and debt - to - income ratio.

If for some reason you have a late repayment splotch on your credit history, you can write a goodwill letter to the creditors asking them to remove the late repayment records from your credit history.

You may want to leave it open if you've had a solid repayment record, it's a no - fee card, and you've kept both the balance and total credit line low.

This information includes public records (e.g. Electoral Roll entries), credit account information (e.g. repayment records for loans, credit, mortgage, hire purchase) and records of credit checks that have previously been made.

If you borrow judiciously and have a good repayment record, chances are your credit score will be higher.

You might have an exceptional credit history and repayment records but if you don't have a strong enough reason to borrow money, you might not get the loan.

Your repayment record for a personal loan is the critical factor determining whether it helps or hurts your credit score over time.

However, minor the problem or error is, any kind of glitch in your repayment record can mean being rejected for a new or used car loan.

The fact that you already have an outstanding loan with a lender may be negative or positive for your new application according to your repayment record and financial situation.

Normally, assumptions are only granted when they are required to be available (such as on a VA loan) or when the remaining party has a very good credit and repayment record, which you do not since it looks like you are loaded down with credit card debt, plus the loan is new and you have paid relatively little of it.