Sentences with phrase «solely on the credit score»

Typically, these businesses describe their loans as faster and more readily available to customers than bank loans, because they leverage technology to evaluate risk on a number of factors, as opposed to relying solely on credit scores.

If you have a banking relationship with such an institution, they may be willing to consider your banking history rather than focusing solely on your credit score.

I'm not saying this tool is useless, but to the extent it encourages people to make money choices based solely on credit score impact, I think it's unhelpful.

Plainly put, it is not dependent solely on credit score.

Like it or not, many banks will offer different tiers of interest rates based solely on the credit score that you have when you first walk in the door.

Did you know that a potential employer could decline you for a job based solely on your credit score?

Most financial institutions and even private and insurance companies rely solely on your credit score.

One thing which isn't always understood by consumers is the fact that lenders do not base their decision whether or not to lend you money based solely on your credit score.

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.

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.

In autodecisions, a bank bases loan approvals or rejections solely on an applicant's credit score.

(New York, NY) March 24, 2010 — On Deck Capital (www.ondeck.com), a leading provider of small business financing solutions, announced today announced today that over $ 50 million of loans have now been made to more than 2,000 Main Street small businesses using its proprietary performance lending system which evaluates businesses based on electronic performance data rather than relying solely on the business owner's personal credit scorOn Deck Capital (www.ondeck.com), a leading provider of small business financing solutions, announced today announced today that over $ 50 million of loans have now been made to more than 2,000 Main Street small businesses using its proprietary performance lending system which evaluates businesses based on electronic performance data rather than relying solely on the business owner's personal credit scoron electronic performance data rather than relying solely on the business owner's personal credit scoron the business owner's personal credit score.

Dun & Bradstreet's PAYDEX score (sometimes referred to as D&B PAYDEX) is perhaps one of the simples business credit scoring models, as it relies solely on the promptness of payments.

While the direct lenders in our network won't promise «no credit check,» your application is never rejected solely based on your credit score.

Many lending institutions do not solely rely on credit score, paying more attention to other criteria, and thus being able to finance people with low credit scores.

If you're solely interested in your credit score, you might prefer to see what the credit bureaus themselves have on hand.

Still more companies request your credit score but don't make their credit decisions based solely on your score.

This is different from banks that solely focus on credit score when making lending decisions.

So, make those payments on time every time solely because your payment history factors so heavily into your overall credit score.

Private lenders have different techniques of measuring credit worth from banks who solely depend on credit score.

FICO scores provide the best guide to future risk based solely on credit report data.

This software is better able to identify risk, meaning Upstart doesn't rely solely on (and customers aren't entirely beholden to) FICO credit scores.

LoanMart can approve you for an auto title loan based on factors such as the current street value in your car and your ability to repay the loan rather than solely based on your credit score.

This tool is for illustrative purposes and we have provided it solely as a convenience for you to estimate rates and payments based on your assumptions for product type, loan / line amount, credit score range and preferred term (if applicable).

Origination scores add significant value above and beyond the FICO ® Score, which is based solely on the data found in a consumer's credit bureau file.

Contrary to popular logic, your credit score isn't solely calculated on how much money you owe and if you've paid your bills on time.

Today, you can be turned down for a home loan solely on the basis of your credit score.

FICO ® develops FICO ® Scores based solely on information in consumer credit files maintained at the credit reporting agencies.

They are interested in an individual's property and not the credit score that banks solely rely on to make a conscious lending decision.

The company is well - known for using proprietary algorithms to evaluate the creditworthiness of an applicant, instead of relying solely on traditional benchmarks such as credit score and income.

I would rather people worry more about their long - term financial pictures than about making decisions based solely on how they will affect their credit scores.

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.

We engage a completely unique system for assessing your credit worthiness, not relying solely on your FICO score.

FICO scores are based solely on information in consumers» credit reports, which are maintained by the three largest credit bureaus — EFX, +0.03 % Experian and TransUnion.

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.

This score is based solely on the information in consumers» credit reports.

PaymentBanc does require a credit recommendation based solely on your Social Security Number; however, the recommendation does not affect your credit score.

FICO ® Scores are calculated based solely on information in consumer credit reports maintained at the credit reporting agencies.

When providing only liability insurance company coverage, the insurance company does not use an ISO rating and depends solely on the driver's personal credit score and driving history to determine policy rates.

Each credit bureau has its own unique system that allows them to offer a score based solely on the contents of the credit bureau's data about an individual.

Your credit score isn't determined solely on recent actions.