Sentences with phrase «stringent qualification criteria»

Traditional brick - and - mortar banks may have more stringent qualification criteria for how to pay off debt and charge more.

However, bank loans have more stringent qualification criteria and often incur a longer review period.

Online lenders, gaining popularity among borrowers due to their less stringent qualification criteria, lower interest rates, and friendly service, are a great source of funding for people who filed bankruptcy.

A Reuters report contends arrangements like this allow borrowers to skirt some of the government's more stringent qualification criteria.