Sentences with phrase «solid credit histories tend»
«By and large, the ARM market was polluted by the abuses that went on with subprime mortgages,» said Guy Cecala, publisher of Inside Mortgage Finance, adding that «prime» mortgages sold to borrowers with solid credit histories tend to have much clearer terms.
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Banks are offering unsecured personal loans with rates in the 5 percent to 10 percent range, but they tend to require a solid credit history for approval.