We all like to think of ourselves as fairly responsible and trustworthy people, especially when it comes to financial commitments. But the fact of the matter is that some people are more reliable and responsible than others and banks and other lenders know this. (more…)
Posts Tagged ‘poor credit history’
Factors that make you a Bad Credit Loan Applicant
Sunday, March 4th, 2007
Finance With A Poor Credit History
Sunday, March 4th, 2007Money Makes the World Go Round
If you have a poor credit rating the financial services industry has a message of mixed blessings for you. First the good news: yes, you can get a loan, but the bad news is, it’s going to cost you! (more…)
Consolidation of Debts With A Poor Credit History
Saturday, January 6th, 2007Virtually every adult in the country will have a credit report. This is a computer file stored on a database that will contain information on your personal details and status, you income, your occupation, the amount of outstanding debt you have and your past record of paying off loans. Lenders will then use this information to assess your credit worthiness, or in other words, the level of risk involved in lending money to you. (more…)