Sentences with phrase «traditional loan results»

Not exact matches

Having a credit score within this point range will typically result in a rejected business loan application from a traditional bank or lender.

As a result, the cost of loans among the private lenders as opposed to those who make traditional loans loom large.

As a result, you will find that signature loans have higher interest rates than traditional secured loans.

As a result, Americans are seeking longer terms on their loans and moving away from the traditional five - year contract according to the Consumer Financial Protection Bureau (CFPB).

This makes SoFi a good fit for younger consumers whose large student loan debts result in a high debt - to - income ratio, which hurts their chances of approval at a traditional lender.

«The results indicate that given the same credit risk (i.e., for borrowers with the same expected delinquency rate), consumers would be able to obtain credit at a lower rate through the LendingClub than through traditional credit card loans offered by banks.»

Many people chose these loans hoping to refinance into a more traditional mortgage when their credit score improved, but foreclosure typically results before the person can refinance.

He will always ensure that he is available, on weekends and long past traditional business hours, no matter whether your loan is currently in process or closed last year, to get the answers and results you need.

Typically, it is advisable for those practicing self banking strategies to utilize policy loans rather than outright withdrawals due to the tax issues involved; however, even if a cash withdrawal is used, the result is on par with traditional retirement accounts.

The company understands the particular struggles of those with poor credit and uses that knowledge to facilitate loans that often result in lower interest rates compared to traditional lenders.

Are you hesitant to apply for a loan with a traditional lender like a bank or credit union because the lengthy and credit - based decision may produce unwanted results?

This might result in a higher rate than you have today, since cash - out refinances can have higher rates than purchase loans or traditional refinances.

As a result of their more extensive grading metrics, some P2P networks can have lower credit requirements than traditional lenders and can be a potential financing solution for those with poor credit to find a loan.

As a result, even if you have less - than - perfect credit or don't have specific collateral of sufficient collateral value to secure a traditional small business loan, there are loan options available (provided you can demonstrate other healthy business fundamentals).

The result is that many developers today are maxing out at 70 to 80 percent loan - to - cost with traditional lenders, thus increasing the need for external capital partners as it is now more cumbersome for developers to fund their projects exclusively with internal capital.

Because the potential loss on this type of capital is far higher than a traditional loan, the interest rates will also be higher as a result.