Sentences with phrase «strong debt payment history»

Of course, credit cards aren't the only way to pay for purchases and build a strong debt payment history.

Not exact matches

You could also have a hard time getting approved if you have a history of making late payments or have never taken on debt before — you need a strong credit history to get approved for the most competitive rates.

You could also have a hard time getting approved if you have a history of making late payments or have never taken on debt before — you need a strong credit history to get approved for the most competitive rates.

Most people can get away with a debt usage ratio of 20 % to 25 % before it really starts to affect their scores, provided other credit score factors (like payment history, for example) are strong.

Strong business credit will portray a history of timely payments whereas overdue debts, defaults and liens are typical of a low - ranking credit profile.