Sentences with phrase «risk of lending money»

Higher rates for used cars reflect the higher risk of lending money for an older, potentially less reliable vehicle.

A credit score is a number that third parties, especially lenders, use to assess the risk of lending you money.

The success of the pending bond sale and the yields investors are willing to accept in return for the taking on the risk of lending their money to Puerto Rico will be very telling.

This is the primary reason that banks require cosigners for some borrowers — they don't want to take the risk of lending money to a specific borrower, so the cosigner's guarantee helps reduce that risk.

Lenders do this to offset the risk of lending you money.

A lender needs to evaluate the risk of lending money to you.

It's a scoring model that lets lenders determine the risk of lending you money.

Money lending companies such as banks or credit card companies shall, therefore, go through your credit history when calculating your credit score to allow them to come up with the risk of lending money to you.

It uses a mathematical formula developed by the Fair Isaac Corporation, and was designed to help lending institutions and other credit companies determine the risk of lending money, or issuing credit to their potential customers.

Because a bank is in the business of making money they must always consider the risk of lending money.

Mortgage lenders often maintain these escrow accounts for borrowers to minimize the risk of lending money.

In exchange for their low threshold for eligibility — which increases the risk of lending money — the FHA requires that all borrowers pay a mortgage insurance premium (MIP) for the life of their loan.

FICO scoring has never been more important, as banks are now taking the risk of lending money a bit more seriously.

A credit score is a number that third parties, especially lenders, use to assess the risk of lending you money.

Your credit score is a three - digit number that is based on your credit history, and it helps creditors analyze the risks of lending you money.

«Lenders won't want to take the risk of lending money on assets that can't get insurance.»