For
a standard mortgage or auto loan, the home or car itself is used as collateral.
Not exact matches
Different lenders have different
standards in rating your credit worth whether it's an
auto loan,
mortgage loan,
or a fast loan for business
or personal use.
It's unlikely they will be able to get credit cards,
auto loans
or mortgages under the tighter lending
standards banks now use.
Sub-prime borrowers seeking
mortgages,
auto loans
or credit cards will find that
standards are tighter today than typical since 2005; prime borrowers will find current
standards are close to the average since 2005.