While we don't have a credit score requirement, we do
run credit checks which are a small factor in determining who qualifies for an auto title loan.
Not exact matches
with what savings we have left but who knows if I'll qualify (even though I've got good
credit)... but then I've got more loans out
which just makes my
credit / loan balances look bad when they
run a
credit check on me for the space.
While
checking for pre-qualified offers does not result in a hard inquiry or affect my
credit score, I understand that if I choose to apply for a pre-qualified offer with a participating provider, that provider may
run a hard inquiry,
which can impact my
credit score.
Other providers
run a full
credit check,
which temporarily lowers your
credit score by a few points.
If you decide that you want to borrow through Avant, then the lender will
run a hard
credit check on you,
which can affect your
credit score.
The FAFSA form does not
run a
credit check to determine if you pay your bills on time, but it does ask about income —
which indirectly influences your
credit rating.
The sites also typically
run credit check services or perform other tasks and provide a medium through
which P2P borrowers can make their payments to investors.
You can choose the loan that fits best; at that time, Mariner
runs the hard
credit check —
which does leave a mark on your
credit — and sets up the loan.
Of course, if you've been unemployed for months or years, your
credit may be damaged due to lack of income,
which is one reason why California, Connecticut, Hawaii, Illinois, Maryland, Nevada, Oregon, Vermont and Washington forbid employers from
running credit checks as a condition of employment.
Applying for a store
credit card
runs a
credit check,
which can change your
credit score right there in line.
Some car rental agencies
run hard
credit checks on prospective customers,
which is problematic to users with bad
credit.
Prosper will
run a soft
credit check,
which won't affect your
credit score.
Rather than go through banks,
credit unions or other traditional lenders —
which can be wary of customers with bad
credit — CarsDirect's network includes car dealerships that offer in - house financing without
running a
credit check.
If your business income
runs through PayPal, you may qualify for an unsecured working capital loan
which doesn't even require a
credit check.
Federal regulations,
which of course apply to all states as well, say employers are permitted to
run a
credit check on potential employees, provided the employee is given notice of the impending
credit inquiry during the hiring process.
Discover
which auto insurance companies do not
run a
credit check when determining your insurance rates by reading below.
The other wrinkle is that it's not the agent
running the
credit check but the insurer for
which he sells exclusively.
Whether the use of
credit checks for employment purposes is discriminatory to certain job applicants —
which ESR also named Trend # 1 in its Third Annual Top Ten Trends in the Background Screening Industry for 2010 — is a question that will be asked as long as employers
run credit checks on job applicants with money troubles.
The landlord then uses a tenant screening service to
run a criminal and
credit check —
which could potentially impact your
credit score.
To
run a
credit check, you'll need a prospective tenant's name, address, and Social Security number or ITIN (Individual Taxpayer Identification Number),
which will typically be on the rental application you ask prospects to complete.