The reason for this is because they appear to lenders as though they've exhibited
riskier financial behavior.
Applicants with a low credit score, indicating potentially
risky financial behavior, are likely to have to pay a higher interest rate on their loan and, in some cases, may be rejected outright.
More importantly, you'll learn how to assess your current debt situation to see if you are engaged in
risky financial behavior that might push you deeper into debt than you want to be.
Not exact matches
Encouraging intense rivalries between employees who have «leeway to engage in
risky or unethical
behavior, take dangerous gambles or fudge the numbers,» is a recipe for unethical
behavior, Kilduff warns (
financial industry, take note).
At higher interest rates, banks would have more options to generate returns while taking less risk (Federal Reserve's ultra-low rates have pushed
financial market participants into
riskier behaviors such as taking higher interest rate risk, credit risk, etc):
In addition, he said, large
financial institutions were encouraged to engage in
risky behavior because they knew the federal government would bail them out.
If I forget to lock my door, you are still a thief if you enter my house and take anything... meaning, the banks still chose to engage in the
risky behavior that caused the
financial meltdown... and yes, they knew it would happen, but as long as they made enough money in the short term, who needs to care about the long term?
Casting Johnny Depp in any movie is always a little
risky, particularly from a
financial perspective, but with abusers and harassers in Hollywood currently facing a reckoning, it seems like a matter of time before people start talking about the rumors of Depp's physically violent
behavior once again.
Those with better
financial literacy also used their credit cards more wisely and were less likely to engage in
risky behavior with their cards.
With high
financial literacy a woman and a man are both 24 % likely to take part in two or more
risky behaviors
The credit bureau compiles data on your
financial behavior and gives you a score on a scale of 300 to 850 to determine how
risky it would be to lend you money.
We need a rock - solid foundation for financing homeownership with a bigger role for the private sector, where taxpayers aren't on the hook for the irresponsible
behavior or bad decisions of
financial institutions and we finally put an end to an era where Fannie Mae and Freddie Mac could expect a bailout for
risky behavior in pursuit of profits.