Sentences with phrase «with blemished credit»

Borrowers with good credit history can find better rates - FHA loans are typically for borrowers with a blemished credit history or who find it difficult to come up with the 10 to 20 % down payment.

Banks have become somewhat more willing in recent months to lend to borrowers with blemished credit histories.

If you're a student with blemished credit, you can qualify for a secured credit card, which requires an upfront security deposit to back the card's credit line.

Competing lenders benefit consumers with blemished credit as they are able to underwrite loans with very competitive interest rates, sometimes lower than a local bank may offer to a good credit customer.

Paula Frendel of Mahwah, N.J., discovered the perils of starting a business with blemished credit last year when she launched her personal training firm, Perfect Results By Paula.

Does it only pertain to clients with blemished credit?

Ms. Harrop cites a case involving a Colorado borrower who had met FHA's minimum down payment requirement of 3.5 % and who qualified for a home loan with blemished credit including a «recent» bankruptcy and home foreclosure.

Among job applicants with blemished credit histories, 1 in 7 has been advised that they were not being hired because of their credit.

During the depths of the recession, many credit card issuers closed their doors on cardholders with blemished credit.

As the economy improves, banks are reopening their doors to people with blemished credit who were shut out before — bit at higher rates to compensate for their higher risk of default.

Drivers with blemished credit often choose a cheaper car than they could otherwise afford.

Fannie's internal guidance says the company «especially» recommends them for «borrowers with blemished credit histories» and first - time homeowners.

However, it's still not easy for consumers with blemished credit to qualify for a new card with favorable terms.

Flexible credit guidelines allow some borrowers with blemished credit histories to still qualify for a home loan

A stellar credit score earns you a very low 2.660 % APR, while those with blemished credit reports get an APR of 4.249 %.

There is growing competition for the business of the bad credit borrower, and this has led to more and more borrowers with blemished credit being able to receive homeowner loans as well.

These special creditors have been working diligently over the years to come up with the best programs for automobile financing for those with blemished credit.

While it is true that the interest rates on any type of loan are greater for those with blemished credit, the lenders who are offering bad credit automobile loans work with you to come up with terms that you can both agree to.

The worry is that only borrowers with blemished credit will take out home equity loans, increasing banks» risk.

The worry is that only borrowers with blemished credit will take out home equity loans, increasing the risk to banks.