Sentences with phrase «with applicants with poor credit»

Not exact matches

The higher APRs go to applicants with poor credit while the low APRs go to applicants with high credit scores.

The best mortgage programs for applicants with poor credit scores are those designed to reduce the risk borne by the lender.

Applicants with low credit scores combined with low debt to income ratios often have a poor payment history.

Applicants with poor credit receive rates 15 % or higher.

Banks and trust companies will automatically turn down applicants with poor credit score with no chance for further negotiation.

To understand how a poor credit applicant would be more attractive to a lender than a person with no history, you have to look at the situation through a lender's eyes.

There is a certain logic to that idea, of course, but as long as an applicant can get loan approval with poor credit scores, there is always the chance to secure the funds needed to alleviate the financial burden.

Peerform, on the other hand, only requires borrowers to have a personal credit score of 600 or above, making it a good choice for applicants with poor to fair credit.

It might seem strange that a lender would trust such a large debt to someone with a poor credit history, but the economic reality dictates that lenders have a more open view when considering bad credit applicants.

Loans are not supposed to be available to applicants with poor credit histories.

The best mortgage programs for applicants with poor credit scores are those designed to reduce the risk borne by the lender.

While a guaranteed approval on loans with poor credit is never completely assured, it is much more likely that a successful applicant can be made at a bank where the account of the applicant is set up, and has been for some time.

These personal loans with bad credit tend to have very poor terms, not just because they are unsecured but also because the applicant has a bad credit score.

Lenders who are offering personal loans that are unsecured would of course be on red alert if they meet an applicant with poor credit rating.

In addition, they can find the lenders who specialize in various market niches that many other lenders avoid, such as loans to applicants with poor credit ratings, loans to borrowers who do not intend to occupy the property, loans with minimal or no down payment, and so on.

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.

Although credit building cards are designed with those who have a poor credit rating in mind, not all applicants will be accepted.

By screening out applicants with a poor credit score, businesses aim to reduce workplace theft and fraud.

It stands to reason that lenders are more likely to grant loan approval with poor credit histories to applicants who are recovering their credit reputation, and strengthening their position than to those who are going in the other direction.

Credit scores do not weigh in, and applicants with poor credit have the same possibility of garnering approval as those with good cCredit scores do not weigh in, and applicants with poor credit have the same possibility of garnering approval as those with good ccredit have the same possibility of garnering approval as those with good creditcredit.

Although you won't be offered fewer months on this card, some accepted applicants with a slightly poorer credit score will be given a 29.9 % interest rate, as Barclaycard operates rate - for - risk pricing.

As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates — worsening already critical fraud and delinquency problems in the mortgage market.

A bad credit personal loan is particularly useful for applicants with thorny credit issues such as bankruptcy or with no credit or poor credit.

No one will argue with the idea that traditional lenders are not as willing to lend to applicants with poor credit histories than to those with excellent...

The first one that was talked about quite a bit today, this morning, is that they think that employees or applicants with poor credit history are more likely to steal.

As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates - worsening already critical fraud and delinquency problems in the mortgage market.

But it's not all good news for consumers, as card offers for applicants with poor credit continue to be costly... (See Credit card rate report, March 2,credit continue to be costly... (See Credit card rate report, March 2,Credit card rate report, March 2, 2011)

With bad credit, the best way to obtain a «yes» on your application is to apply to an issuer who specifically accepts poor - credit applicants.

A verifiable income source is a standard requirement for any potential cardholder, and is particularly important for applicants under 21 and those with poor credit.

Although some credit card applicants may be required to use a cosigner if their credit history is particularly poor or very limited, the most common situation in which cardholders need a cosigner is for compliance with the CARD Act of 2009.

Although every potential credit card applicant should look at the APR charged by a new credit card, those with fair, poor, or limited credit will have fewer options for finding low interest rates than those with good credit or better.

For example, the Capital One Spark Classic for Business is open to applicants with fair credit, and the Wells Fargo Business Secured Card is open to consumers with poor credit, with a credit line based on the amount you deposit.

Insurers in Louisiana may use credit as a factor when forecasting how risky applicants will be, and they typically charge higher rates for those with poor credit.

Rewards credit card carriers usually require a good - to - excellent score between 700 to 850, so applicants with poor or no credit may want to reconsider applying until they've built up their score a bit.

As a result, applicants with poor credit tend to face higher quotes than most other drivers.

«Knowing an applicant's credit score by obtaining a report from a tenant screening company, such as SmartMove, can reduce the landlord's risk of renting to someone with a poor financial record,» Doherty says.

Even though some applicants have lower income to rent ratios, they are a significantly better risk than those with better income to rent ratios but poorer credit scores.