Sentences with phrase «to have poor credit»

You might have a poor credit score if you have a thin file or one that lacks diversity.

People who have poor credit history often end up paying much more for their car insurance when compared to other drivers.

If someone has a poor credit rating, it means they have taken out loans or other forms of debt and missed repayments.

But when you have bad credit, most banks won't even speak with you, and people who have poor credit scores are often left feeling hopeless and alone.

There was a time when having a poor credit history was enough to ensure rejection when seeking a mortgage.

On the other hand, let us assume that you do have a poor credit score and you somehow manage to get a home loan.

If you already have a poor credit rating, this could be a good way to improve it.

And how can approval be secured if the applicant has a poor credit history in the first place?

Borrowers having a poor credit score can acquire secured and even unsecured loans.

Not paying bills, taking too many debts or having been in bankruptcy means that you most likely have a poor credit score.

Myth # 3: You will have poor credit as long as the bankruptcy information stays on your credit report.

Of course, if your spouse has a poor credit profile or a lot of student loan debt, it may impact your ability to jointly secure a mortgage.

Buying a home on two incomes can be difficult enough, and it can be even more demanding if one spouse has poor credit.

It is possible to be approved for a personal loan while having poor credit, but there are consequences and risks to keep in mind.

Your banks can get hold of the clients who have a poor credit report even if it does not appear on it.

Most people know that having poor credit makes home financing a headache.

This could be called hand - holding, but it is a definite plus for first time buyers who also have poor credit.

Further, the fact they're borrowing money from you and not from a bank means they probably have poor credit.

These customers tend to be younger and many have poor credit.

However, college funding may be the one place where having a poor credit score can be a good thing.

Plus, being late on your bill payments is the most common reason college students have poor credit scores.

Having poor credit limits your options if you need money fast.

For those with no credit or has a poor credit there are a lot of credit cards to choose but there are also unsecured cards that may be used for this purpose.

Although it can be somewhat more difficult to be approved, in most cases having poor credit means the lender can ask for extra fees or a deposit.

People who have poor credit usually have more expensive policies.

Did you know having a poor credit score can affect how much you pay for car insurance?

If a customer has poor credit, you could require an initial deposit upfront, which will offset the chances that you'll go entirely unpaid for your work.

For almost every company we looked at, having poor credit resulted in higher rates than having an at - fault car accident on your record.

If you or your parents have poor credit, you might need a cosigner on the loan application to qualify.

If one borrower has sufficient credit and the other has poor credit, the lender will judge both borrowers based on the lower score.

If you have had poor credit repayment history in the past, it is less significant if lenders use credit scoring.

People who seek bad credit mortgages definitely have poor credit history making it important for private lenders to protect themselves from this high risk.

Despite having poor credit and facing a high interest rate, you do have a good chance of being approved for a bad credit loan.

If you've ever had poor credit scores at any point in your life, then you probably know the headaches associated with the situation.

Things like having a poor credit score could inhibit you from doing so.

Whether you are just out of bankruptcy or simply have poor credit, they can find you a financing package through one of their lending partners.

It might be due to the husband having poor credit or the wife might be buying the house as an investment.

Having poor credit nowadays will not keep you from getting financing.

If and when that happens, your credit rating will be affected but most of our clients have poor credit anyway, so it doesn't really matter.

Having poor credit typically means facing higher car insurance rates.

Some of the reasons why you would struggle to get loans from conventional sources such as banks are due to the applicant having a poor credit rating or self - employment.

The notion of having poor credit can seem like a personal demon you can't escape.

If you have taken out a loan when you already have a poor credit history, it pushes your credit score further down.

Not only does the applicant have a poor credit history, but there is no security on the table to ease lender concerns either.

They recognize that just because someone has a poor credit history does not mean that they do not need a financial infusion once in a while, just as with good credit borrowers.

When there is no collateral to secure the loan, and especially when the borrower has a poor credit history, interest rates will be higher than for other loans.

Anyone who has a history of failing to repay his / her debt likely has a poor credit score.