Sentences with phrase «standard credit score»

The more problematic issue with apartment rental credit checks is that there's really no minimum standard credit score that renters will need, so it's difficult to actually figure things out as far as what you should expect.

1) FHA standard credit scores for funding a loan have been decreased to 580!!!

Your credit score plays into the bank's decision, but there's no standard credit score requirement across all financial institutions.

As long as you do not exceed your credit line, pay on time, continuously maintain the balance, and adhere to the standard credit score guidelines, a credit card can help improve your FICO score.

No, the «reason» for closing an account has absolutely zero impact on any standard credit score (such as FICO), provided it is not being closed because of delinquency.

While FICO score is the standard credit score that we use most often, it isn't the only credit score available.

«At many banks and mortgage lenders, standard credit scores are their primary criterion,» DeCosmo said.

Because Enova already looks at a lot of data in credit reports beyond the standard credit scores, as well as alternative sources of data, DeCosmo said he doesn't think the change will affect Enova's business as much as some other businesses that are more reliant on third - party - produced scoring.

Lenders for payday loan services aren't concerned with a person's standard credit score, because they are a long - term measure of long - term credit history.

They base their loan approval decisions on their own set of criteria rather than the standard credit score determined by the three major credit bureaus.

Most financial activities do not count for a standard credit score.

One reason they can respond so quickly is due to the proprietary qualification criteria used instead of the standard credit score — and another is that someone is available 24/7 to evaluate applications, unlike a standard bank or other financial institution.

A popular misconception is that insurers simply use a standard credit score (such as FICO or VantageScore).

FICO credit scores are used internationally and are the standard credit score used by most lending institutions and consumers in the U.S..

A: JCF Lending Group uses credit scores that utilize a mortgage algorithm, which are normally much higher than a standard credit score found on Credit Karma for example.

The standard credit score used by 90 % of major U.S. lenders is the FICO credit score.

The standard credit score used by the lending industry is the FICO score, which ranges from 300 to 850.