Sentences with phrase «using traditional credit»

Comparing some key differences between filing a Consumer Proposal and using traditional credit counselling.

Moreover, a recent LexisNexis survey found that 81 % of consumers who are unscorable using traditional credit bureau methods are scorable using alternative data.

This limits the portfolio's downside risk and creates more upside potential than by using traditional credit rating methodology.

Truth be told, using traditional credit scores to screen potential tenants was a flawed approach, says Vrekic.

For J.D. Byrider, a used - car sales and finance company, Equifax developed a risk - assessment model that uses traditional credit data augmented with alternative data sources such as telecom and utility information.

You can use a secured credit card to shop the same way you use a traditional credit card, and store owners won't be able to tell the difference.

Unlike the bank who uses traditional credit checks and require collateral to get a loan E Loan Lending has lenders that work with all credit types and they work hard on getting you approved.

They don't use traditional credit checks like the banks who want collateral to back up their loan.

If you do not use traditional credit, or have an established credit history, then the lender must develop a credit history from automobile insurance payments, rental payments, utility payment records, or other direct reports from credit providers.

The first offering is ReliaMax Risk Grades which is a scoring system that uses traditional credit scoring criteria with additional dimensions.

For those borrowers, and for those who do not use traditional credit, the lender must develop a credit history from utility payment records, rental payments, automobile insurance payments, or other means of direct access from the credit provider.

The direct lenders associated with short term borrowing do not use the traditional credit reports from the «Big 3» credit bureaus when they're making an approval determination.

Not exact matches

«Payments made with virtual currencies are not only irreversible,» the report continues, «they also do not have the same legal protections as most traditional payment methods, such as the ones you have when using a credit card.»

Nix credits the fact that advertising was ahead of most political messaging and that traditional political operatives hadn't figured out that the tools used for creating ad campaigns could be so effective in the political arena.

I'm using the term «bank» to refer to traditional lending institutions such as banks and Credit Unions.

Nevertheless, as traditional lenders have shied away from the smallest small businesses; and loans to those businesses has been in overall decline since the year 2000 [3], online lenders are using technology to look at other information available from the public record as well as transaction history, cash flow, and other metrics in addition to credit profiles, that demonstrate a healthy business.

First, technology exists that allows individuals to make payments over the Internet and private networks using traditional payment mechanisms such as credit cards.

Traditional banks are starting to feel the disintermediation pinch by alternative lenders who lack their legacy infrastructure and cost structures and use digital - first, artificial intelligence - powered processes to underwrite risk and extend credit instantly.

There is no real incentive for the average consumer to use Bitcoin compared to traditional payment methods such as bank / credit cards or even cash.

Instead, use a traditional line of credit or take a cheaper vacation.

Unlike a traditional small business loan, interest is paid only on the amount of credit used, as long as you make the minimum monthly payment.

High APR and revolving payments can make it almost impossible to pay off credit card debt using traditional means.

Retirees who have tax credits and deductions that more than cancel out all of their taxable income can use this opportunity to convert some or all of their traditional IRA and qualified plan balances to Roth IRA accounts.

Automakers provide baseline APRs as low as 0 or 0.9 % to compete with traditional financiers like banks and credit unions, while also incentivizing customers to purchase a new car off the dealer's lot rather than a used vehicle from another vendor.

In those parts of the world people operate without a bank account or credit and transfer value using methods that bypass traditional financial channels.

For instance, in the traditional banking service model, if someone buys a watch using a credit card, the merchant needs to pay the issuer an interchange fee of 1 % - 3 % plus a flat fee, which is eventually passed on to the consumer as a cost.

In the traditional banking service model, there is no proper system available to transfer $ 1 or less online using a credit card or other traditional form of payment.

In a traditional report, the data used for scoring comes from credit card accounts, student loans, auto loans, retail charge cards and the like.

Yet this isn't the first time in the present campaign that the Conservatives themselves have trespassed on traditional Bank of Canada terrain. On July 22 Joe Oliver publicly rejected the use of quantitative easing in Canada (the unconventional credit - expanding strategy that has been used successfully in the US, the UK, and now Europe) despite dimming economic projections here. Decisions about the use of QE should, in theory, be the purview of the central bank. Several economists publicly questioned Oliver's statement, noting that it throws into question the Bank's future decisions on monetary policy.

Typically, after using a secured card for half a year or so, you can qualify for an upgrade to a traditional credit card.

«Some of the best independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan,» Gallegos points out.

Instead of traditional equity, though, companies sell «tokens» that are essentially pre-paid credits to be used within their very limited eco-system.

I Australianified mine by changing the crust and I used a traditional ganache but I gave you credit for the recipe.

Cox, to his credit, seems to know that, and says he's using new data to target traditional Democrats, particularly in New York City, who can be swayed to the GOP side on issues like school choice and charters.

To recognize these trendsetters, the U.S. Environmental Protection Agency publishes a quarterly list of the top American users of green power: organizations that generate their own renewable energy, buy it from suppliers, or purchase offset credits to compensate for their traditional energy use.

Apple cider vinegar has been used as a health tonic in traditional medicine for centuries and has been credited with all sorts of health benefits.

The online program needed the waiver, the first of its kind, so its students would be eligible to apply for federal Pell Grants: that's because CFA doesn't use credit hours, or even traditional college «courses.»

Students now have to take city - approved credit - recovery courses within a year of failing the traditional version and can only use that option to make up three core courses.

The NET, where McKnight enrolled two years ago, also uses Edgenuity credit - recovery classes, although its curriculum is only partially online; most students also take some traditional in - person classes and attend «advisory» courses where they research specific topics in depth.

Use of the app for these purposes acknowledges that learning — whether for academic credit, personal needs, or professional development — can occur any time and any place and via devices other than traditional desktop or laptop computers.

Currently, more than 30 states have policies that allow CBP, although these policies do not always translate into broad use by districts and schools, where traditional definitions of credit as seat time prevail in local policy and practice.

First I am very happy about getting «free» via prime credits independent author's ebooks, but since I can't use the credits on traditional books, I've already hesitated on a couple purchases.

If you make on - time payments while using a secured card for a few months, your credit score may improve enough to qualify for a traditional card.

In a traditional report, the data used for scoring comes from credit card accounts, student loans, auto loans, retail charge cards and the like.

Automakers provide baseline APRs as low as 0 or 0.9 % to compete with traditional financiers like banks and credit unions, while also incentivizing customers to purchase a new car off the dealer's lot rather than a used vehicle from another vendor.

Retirees who have tax credits and deductions that more than cancel out all of their taxable income can use this opportunity to convert some or all of their traditional IRA and qualified plan balances to Roth IRA accounts.

We can qualify you with the standard, traditional paper credit report that most lenders use, or we can qualify you using an Intelligent Credit Rcredit report that most lenders use, or we can qualify you using an Intelligent Credit RCredit Report.

Credit unions can be an alternative to use against traditional payday loans.

Most recommendations are that if your credit score is under 680, it is the best route to use an FHA loan instead of a traditional loan.

Unlike traditional credit cards, prepaid cards allow consumers to pre-load funds that can be used to make purchases or cash withdrawals.