Sentences with phrase «utility payment records»

FHA loans also allow borrowers with limited credit to build credit histories with non-traditional trade lines, such as utility payment records, cell phone payments, rent, etc..

This is why both FHA and USDA loans allow lenders to build credit history for borrowers through non-traditional tradelines, such as utility payment records, rent, cell phone payments, etc..

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.

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.

Not exact matches

If your track record reflects more current accounts than negative accounts with utilities, business credit cards, banks, suppliers, and other creditors, your profile will look better than if there are a lot of late payments or defaults.

The records also show that an 18 - month payment plan to pay $ 116,451 in utilities owed at the Woodlands, which the board approved in 2011, took 39 months to complete.

If you have questions about your score, you have the legal right to ask for your credit report, which includes all the information that goes into the score, including your record of mortgage and utility payments, your total debt and the percentage of available credit you're using.

Nontraditional Credit If an individual has no traditional history of credit — credit cards, or student or car loans — he or she may document a good payment record using other sources, including rent, utilities, telephone, cable payments, and other accounts.

Nontraditional Credit History: A record of credit performance shown with receipts and check stubs from payments to landlords, utility companies, child - care providers and other applicants who do not have a credit history from traditional loans and other forms of credit.

Both firms are providing alternative data for the new score, including payment history on utility bills, cable bills and cellphone bills — information held in a database maintained by Equifax — as well as public record information, including address history, held in the LexisNexis database.

Your credit report is a record of money - related activity (balances, charges, and payment history) on credit cards, some bills (such as utility bills), and loans associated with your name and Social Security number.

The entertainment category includes the following purchases: music downloads and record stores; motion picture movie theaters and tickets, including drive - in theaters; continuing subscription services, such as utility payments, gym fees and insurance premiums; digital goods, including games, books, movies and music; select TV and radio streaming services, such as Netflix, Amazon Prime and Spotify; sporting events, including professional athletic clubs; theaters; bands and orchestras; and video game amusement and arcades.

LMI individuals often have better utility bill payment records than credit scores, and utility bill payment is a better indicator of default risk in an on - bill financing program anyway (and default rates have been extremely low).

The term «cost» as used herein means only those charges specifically authorized by the electric utility's tariff, including but not limited to the customer, energy, demand, fuel, conservation, capacity and environmental charges made by the electric utility plus applicable taxes and fees to the customer of record responsible for the master meter payments.

• Perform general and specific accounting calculations using 10 - key calculators and copy machines • Maintain and balance company books • Handle employee payroll services by calculating salaries and superannuation • Prepare periodic accounting reports and assure their correctness • Assure mathematical accuracy of all posted entries • Classify and summarize numerical and financial data for record maintenance purposes • Perform debit, credit and totaling activities on accounting systems and spreadsheets • Recognize and report discrepancies in accounting data and perform reconciliation duties • Monitor loan and advance statuses and prepare and deposit checks for payment of utility bills • Complete and submit tax forms on timely basis • Calculate and issue bills, invoices and account statements