Sentences with phrase «with recent late payments»

The couple with the mortgage late payments didn't seem to understand that's why a bank doesn't want your business if you're late on current mortgage and maxed out on credit cards with recent late payments.

Not exact matches

With scores that low, you usually have plenty of other things on your credit report that will get you denied regardless of score, like recent late payments, foreclosures, etc..

Mortgage agencies will want to see a solid and recent payment history with no collection accounts and late payments within the past 12 - months, a low debt - to - income ratio, and a consistent and reliable employment history.

$ 40,000 credit card debt - Turning 58 - Have good paying job - Faced recent financial challenges (medical / family assistance) over last 5 months - Have 10 credit cards (3 with high balances, $ 15,000, $ 9,000 and $ 8,000)- Late payments only to the above 3 credit card accounts (3 mos, 2 mos, 1 month)- Made recent payments to 3 credit card accounts to bring accounts to temporary favorable status - Mortgage current - Completed graduate degree but left to pay last year out of pocket when reimbursement program was greatly reduced - Consulted with debt management counselor to go on budget and work with creditors to be paid out of a single monthly payment.

With your current credit score, you may qualify for almost any credit card with 0 % on balance transfers provided all your current credit accounts are in good standing, you do not have recent late payments and maxed out accouWith your current credit score, you may qualify for almost any credit card with 0 % on balance transfers provided all your current credit accounts are in good standing, you do not have recent late payments and maxed out accouwith 0 % on balance transfers provided all your current credit accounts are in good standing, you do not have recent late payments and maxed out accounts.

Plans that are completed for 12 months or greater do not require a credit exception in accordance with Section 10.8; Late mortgage payments if any mortgage trade line during the most recent 12 months shows 1 or more late payments of greater than 30 Late mortgage payments if any mortgage trade line during the most recent 12 months shows 1 or more late payments of greater than 30 late payments of greater than 30 days

Any late mortgage payments within the past 36 months on the existing USDA loan, with emphasis on the most recent 12 month period, must be analyzed and addressed by the lender to determine if any late payments were a disregard for financial obligations, an inability to manage debt, or factors beyond the control of the borrower when considering the underwriting decision.

The number of consumers with bad credit has grown in recent years and its well known that one late payment on a credit account can result in high APR as well as high late fees added to the debt balance.

Over time, older late payments have less of an impact as creditors pay more attention to what's happening with your more recent payment history.

This can happen for many reasons, most commonly due to a bad credit score, but could also be because of recent credit turbulence (bankruptcy, foreclosure, repo, ect...) or past problems with similar lenders (e.g. if you're applying for a credit card and you have a history of late payments or outstanding balances with other credit cards, your credit check may come back declined).

Score and index threshold changes can be caused by something as small as a recent late payment from a vendor account or a high dollar collection account caused by damaged goods returned to the supplier with a resolution pending.