Although the exact formula is not publicized, FICO is now the industry standard for deciding a person's creditworthiness and is used by the three major credit reporting agencies: Experian, Trans Union, and Equifax.
The important number with the funny name, FICO is named after the Fair Isaac Corporation, which developed the first mathematic formula for calculating a consumer's creditworthiness.
This score decides a consumer's creditworthiness, and lenders look favorably on those with a reputable FICO score and strong credit history.
This method is a complex statistical model which helps predict the creditworthiness of consumers.
Lines of credit are much like pre-approved loans, in that your creditworthiness is measured before you actually borrow the money.
Competitive interest rate - Your variable APR is assigned based on your creditworthiness.
All applications are reviewed for creditworthiness before the decision is made as to which credit card will be issued to the applicant, if any.
Most gas credit cards feature an echelon of offerings - meaning the best credit scores receive one type of premium card while other applicants receive different cards depending on their creditworthiness.
Some applications for gas cards delve a little further into the creditworthiness of an applicant by asking about previous bankruptcies and delinquencies as well as inquiring about income.
Applicants should be reviewed solely on the basis of their creditworthiness, and not on their race, gender, or other factors that are not directly related to their ability to repay a debt.
The Visa card a member receives depends on the card they apply for in addition to their creditworthiness.
FICO scoring allows old problems to be less indicative of your creditworthiness.
Lenders use FICO scores to determine the creditworthiness of consumers by purchasing a credit score from the company.
Your creditworthiness will affect your ability to get the least expensive credit card consolidation loan available.
The process of getting approved for a debt consolidation loan involves proving creditworthiness.
While some applicants can allow their high credit score to suffice as all the proof of creditworthiness the potential lender needs, people with poor credit do not have this advantage.
The interest rate on the credit card may also influence the fee to the extent that the interest rate reflects cardholder's creditworthiness, spending and repayment habits.
The interest rate approved applicants receive depends on their creditworthiness, but rates for these cards are generally on the high side.
After that introductory period of six months, the annual percentage rate (APR) ranges from 12.99 percent to 22.99 percent depending on the creditworthiness of the cardholder.
The APR may be as high as 22.24 percent for those with less stellar creditworthiness.
After that, APRs range from 11.24 percent to 17.24 percent, based on creditworthiness.
After the introductory period ends, the card offers a Standard APR ranging between 12.99 percent and 20.99 percent, depending on the creditworthiness of the applicant.
The introductory period lasts between 9 and 12 months, depending on the cardholder's creditworthiness.
After the introductory period is over, the standard APR on the card is variable; between 12.99 percent and 20.99 percent, depending on the creditworthiness of the cardholder.
The variable APR after that period will range from 11.99 percent up to 19.99 percent based on creditworthiness.
After the introductory period, the variable APR will range from 11.99 percent up to 19.99 percent based on creditworthiness.
After that, the variable APR will range from 11.99 percent to 18.99 percent, based on the student's creditworthiness.
Selecting the best Citibank MasterCard for you is a process of evaluating your needs, your creditworthiness and the features of each card offered.
Capital One offers several options for users to choose from based on desired features and their creditworthiness.
Capital One offers credit cards to students, businesses and consumers with varying degrees of creditworthiness.
Interest rates vary based on the individual's creditworthiness and market trends.
The introductory period is for six billing cycles, after which the variable APR ranges between 12.99 percent and 22.99 percent based on creditworthiness.
After that period, the APR ranges between 13.24 percent and 19.24 percent, based on creditworthiness.
The length of this offer is dependent on the user's creditworthiness.
Qualifications for this extra depend on creditworthiness.
Other fees may apply, depending on your creditworthiness and the company's current offers.
There are several options to select from based on your creditworthiness and needs.
The interest rate applied to balances, as well as the credit limit available to cardholders, depends on the creditworthiness of the applicant.
Other lenders extend the credit line without requiring an additional deposit once you prove your creditworthiness.
In many cases, you can apply for a secured credit card and then prove your creditworthiness to a lender over a period of six months or longer.
Interest rates vary by company and depend on your creditworthiness.
The card has an annual percentage rate that varies based on the creditworthiness of the applicant.
The card does not have an annual fee and interest rates range based on creditworthiness, but start around 12.99 percent APR.
This card features an APR from around 13.99 percent to 22.99 percent based on creditworthiness.
Loan approval is based on creditworthiness of the borrower and is tied to the value of the particular recreational vehicle that you want to purchase.
The lender will also want to examine the creditworthiness of the mortgage guarantor, which could be different from the borrower.
There is no point in wasting your time or theirs by overestimating your creditworthiness or the amount you can afford to invest into a new home.
Approval of a mortgage loan is contingent upon several factors, including creditworthiness, employment history, and amount of savings in the bank.
Lenders do consider creditworthiness and current income when processing applications.
Creditworthiness is based on an individual's credit score, which can range from 300 to 900.
Applicants must reside within the United Kingdom, and the interest rate offered on approved mortgages depends highly on the creditworthiness of the applicant.
Best of all, many of these websites will compare the various national mortgages offered based on the Libor rate to find you the best deal depending on your creditworthiness.
Federal aid for first time home buyers may available to those willing to search for them and who meet income and creditworthiness criteria.
Applicants must also prove creditworthiness as well as the ability to pay the monthly payments associated with the new loan.
The type of mobile home loan you qualify for depends on several factors including the type of mobile home you intend to purchase as well as your creditworthiness.
Rather than making financial contribution, which is costly and can have gift tax implications, family members can use their own creditworthiness and willingness to assist relatives simply by agreeing to a co-borrower arrangement.
While creditworthiness is a significant factor when making approval decision for any type of mortgage loan, lenders are especially cautious when it comes to financing mobile homes - even when the purchase includes land.
Homeowners must demonstrate creditworthiness before being approved for a refinance.
Creditworthiness differs from one affiliate's requirements to another.
This program is a line of credit and approval is contingent upon the applicant's creditworthiness.
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