Sentences with phrase «with nontraditional credit histories»

Ideal for those with nontraditional credit histories.

To cast a wider net, the new entrants will have to calibrate their underwriting models to make sure they are weeding out fraudsters without inadvertently cutting off access to consumers with nontraditional credit histories.

You can also qualify with a nontraditional credit history.

You can also qualify with a nontraditional credit history.

Not exact matches

Although many lenders will offer similar rates based upon your credit score, credit history, and income, sometimes the best available rates will come from a financial institution that is familiar with you (such as your local bank or credit union) or from nontraditional sources, such as peer - to - peer lending platforms.

But if you have no credit history or what's sometimes called a nontraditional credit history, which is one with no credit card debt or other kinds of loans, it might be harder to establish a set of credit stats.

Although many lenders will offer similar rates based upon your credit score, credit history, and income, sometimes the best available rates will come from a financial institution that is familiar with you (such as your local bank or credit union) or from nontraditional sources, such as peer - to - peer lending platforms.

This mortgagee letter provides guidance to lenders and underwriters for establishing and evaluating nontraditional credit histories and also describes FHA's acceptance of those enterprises that can develop a verifiable credit history, no less than 12 months in duration, for borrowers with limited traditional credit.

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 cCredit 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 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 ccredit 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 ccredit history from traditional loans and other forms of history from traditional loans and other forms of creditcredit.