Sentences with phrase «traditional lenders because»

Small business owners frequently have trouble getting funds from traditional lenders because they often can not meet the strict eligibility requirements.

LendingClub has an edge on traditional lenders because it's fully online.

Apply with bad credit - If you are having trouble getting a loan from traditional lenders because of a poor credit score, payday lenders do not require applicants to have a perfect score.

The big question now is whether the borrowers turned away by traditional lenders because of the stricter rules will just abandon or delay their home - buying dreams, or seek out more expensive loans issued by the private lenders that are neither regulated nor required to carry mortgage insurance.

Not exact matches

The company says it can charge less than traditional payday lenders because of its underwriting software and because it saves money by not opening physical branches.

The traditional car - buying process encourages overspending, because dealers and lenders know borrowers will make the payments even as the rest of their financial lives suffer.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

If you don't meet a traditional lender's underwriting requirements because of your personal credit, industry, or loan amount, they could help.

Unfortunately, this makes if difficult for an otherwise healthy and profitable business to qualify for a loan because they lack what a traditional lender would consider appropriate collateral.

Some lenders, including many traditional lenders like the bank, do require specific collateral for a small business loan, meaning many potentially good borrowers could struggle to access the capital they need because their business doesn't have the needed collateral to secure a loan.

Because the data is a direct reflection of how small businesses interact with traditional small business lenders, many banks use this report to evaluate a business» creditworthiness.

«Alternative lending, because of its high interest rates seems to be waning as traditional lenders return to the marketplace.»

Because insurance agencies are considered «high - risk» by traditional lenders.

Because credit unions don't lend to make a profit, the interest rates tend to be lower, the fees are usually fewer, there are no origination fees, and the repayment terms tend to be more flexible than the terms offered by traditional lenders.

Auto financing for bad - credit customers is available through a traditional car dealer, but because your low credit score already dictates that you will pay a higher interest rate than consumers with good credit ratings, obtaining bad credit car financing through the dealership will be even more costly than through your bank, credit union, or a sub-prime lender.

Because credit unions don't lend to make a profit, the interest rates tend to be lower, the fees are usually fewer, there are no origination fees, and the repayment terms tend to be more flexible than the terms offered by traditional lenders.

Because of the strict criteria, a $ 2,000 unsecured personal loan can be difficult to get from traditional lenders.

Financing mobile homes is becoming increasingly difficult because lenders usually prefer to service traditional housing loans.

Folks with good credit should first consult with traditional lenders such as banks or credit unions because their interest rates are rather low.

Because of the added risk that the lender takes out when granting credit to you regardless of your payment history, you can expect to pay a tad more interest than a traditional borrower with good credit who is not seen as a credit risk to the lender.

When applying for a $ 20,000 personal loan with bad credit, most traditional lenders are unlikely to grant approval because of their strict lending policies.

Because of the rough economy that has placed many Americans in a tough financial situation, and because traditional lenders such as banks and credit unions have tightened up their qualifications for borrowers, many private lenders have stepped forth in response to this growing market of bad credit borrowers who need a large unsecured bad credit personaBecause of the rough economy that has placed many Americans in a tough financial situation, and because traditional lenders such as banks and credit unions have tightened up their qualifications for borrowers, many private lenders have stepped forth in response to this growing market of bad credit borrowers who need a large unsecured bad credit personabecause traditional lenders such as banks and credit unions have tightened up their qualifications for borrowers, many private lenders have stepped forth in response to this growing market of bad credit borrowers who need a large unsecured bad credit personal loan.

Because of the guaranteed nature and simple repayment process for loans against tax refunds, many of our lenders don't even pull a traditional credit report and won't deny you service just for having negative remarks or a low credit score.

Because banks and other traditional lenders have such strict requirements, many people who seek out these loans are turned down.

We won't turn down your loan because of bad credit or bankruptcy like a traditional lender.

That's because companies — both new online mortgage lenders and traditional players — are doing more on the web.

Because so many borrowers have taken hits on their credit reports, and because traditional lenders may not be willing to underwrite such loans, private lenders have stepped in to provide them with the funds they need to start or grow their busiBecause so many borrowers have taken hits on their credit reports, and because traditional lenders may not be willing to underwrite such loans, private lenders have stepped in to provide them with the funds they need to start or grow their busibecause traditional lenders may not be willing to underwrite such loans, private lenders have stepped in to provide them with the funds they need to start or grow their businesses.

Most lenders will recommend a traditional mortgage for home buyers because most homeowners seek stability and predictable monthly payments.

Traditional lenders may deny credit to individuals because they might be on a lower or fixed income, but LoanMart works to serve those who can not secure loans through traditionTraditional lenders may deny credit to individuals because they might be on a lower or fixed income, but LoanMart works to serve those who can not secure loans through traditionaltraditional lenders.

Traditional lenders may turn older and retired individuals away because they might be on a lower or fixed income, but we work to serve those who...

Private lenders could be a great option if you currently are unable to qualify for a traditional mortgage or loan because of a less - than - perfect credit, debt or if you're a self - employed individual who can't always provide proof of a steady income.

Because lenders rely on your credit report to decide if you qualify for their loans, bad credit largely excludes you from traditional auto financing, and it's not often possible to delay buying a car until you can improve your credit.

They make up a smaller proportion of the homebuying market because they have a harder time obtaining financing from traditional lenders.

That's why it's known as a reverse loan because with a traditional mortgage it's the other way around, the borrower pays the lender.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Because P2P lenders facilitate borrowing without a bank intermediary, there is less overhead and none of the capital reserve requirements that drive up costs for traditional banks.

Some lenders, including many traditional lenders like the bank, do require specific collateral for a small business loan, meaning many potentially good borrowers could struggle to access the capital they need because their business doesn't have the needed collateral to secure a loan.

Many people, even people with stellar credit, will try and fail to secure a loan from a lender, because of the VA guarantee, underwriting guidelines are more relaxed than traditional loans.

Our interest rate might be higher than other lenders; however, it's because we are eliminating many factors that would normally not allow you to qualify for traditional loans.

Because the data is a direct reflection of how small businesses interact with traditional small business lenders, many banks use this report to evaluate a business» creditworthiness.

In many cases, business owners are turned down for traditional business loans because they aren't seeking loans large enough to generate enough of a profit for the lender.

In many cases, business owners who apply for traditional business loans are turned down simply because they aren't looking for loans large enough for the lender to see them as being worthwhile.

Typically, invisibles and unscorables face a tough road if they want to buy a home, because mortgage lenders are reluctant to fork over money to individuals with no traditional track record of paying back debts.

Borrowers may use an Alt - A mortgage lender because they have a tricky loan scenario or a sticking point that makes it difficult or impossible to close with a traditional mortgage lender.

Because many of these individuals are first - time homebuyers, having enlisted in the armed services right after finishing high school, they do not generally have the same credit history or high credit score that is required by traditional lenders.

You can apply, and you have just as much of a chance of approval as someone with great credit — because most payday loan lenders don't run a traditional credit report.

That's because there is a subtle, but important, difference: By paying on an accelerated bi-weekly schedule, you'll wind up making thirteen full payments each year, resulting in an extra payment — one more than you would make by sending the lender traditional monthly payments.

Borrowers may choose to get a loan this way because it may offer loans with lower interest rates than they can get from a traditional lender.

Banks and traditional lenders have tightened the reins on lending processes in the years following the recession; most won't lend on a fix and flip venture because they prefer to finance properties intended to be held for years to come.

If you have less than perfect credit you still can apply for an instant cash loan because our lenders don't do traditional credit checks so it makes qualifying easy.