So, millennials are at a natural disadvantage if you look
solely at credit scores.
When LoanMart receives your information request, we look at OTHER FACTORS such as theequity of your vehicle and your ability to repay your loan rather than
solely at your credit score.
Not exact matches
Furthermore, they have lacked the technology to look
at the whole health of a business and judge them
solely based on
credit score, a factor that shouldn't reflect if they can repay a loan or not.
Rather than looking
solely at an applicant's
credit score and income, SoFi also considers factors such as education and career choice to decide whether to approve you for a loan.
We also know you are more than your
credit score, which is why we take the time to look
at other factors such as your ability to pay back the loan, and the equity value of your vehicle, instead of
solely at your
credit.
FICO ® develops FICO ®
Scores based
solely on information in consumer
credit files maintained
at the
credit reporting agencies.
Scores are based
solely on information in consumer
credit files maintained
at the consumer reporting agencies.
It is generally true that you can not get a student loan if your
credit score is not good; but some do not rely
solely on the FICO
score to make approval, they will look
at all of your
credit history into consideration when evaluating a potential borrower's loan application.
Anyone with a
score at or below 600 would have an extremely difficult time getting a loan based
solely on that
credit score, and even then, rates would probably be sky high.
FICO ®
Scores are based
solely on information in consumer
credit files maintained
at the
credit reporting agencies.
FICO ®
Scores are calculated based
solely on information in consumer
credit reports maintained
at the
credit reporting agencies.
FICO ®
Scores are calculated based
solely on information in consumer
credit reports maintained
at the
credit reporting agencies.