Remove Education Remove Lender Remove Trade
article thumbnail

10 Reasons You Were Rejected for Credit

Credit Corp

This code can mean two different things: You don’t have enough accounts for lenders or credit scoring models to effectively gauge your risk as a borrower. Even if you’ve paid your bills on time, if you only have one credit card that’s been open three months, that’s not enough information for many lenders.

Lender 104
article thumbnail

The History of the Credit Repair Industry and Why It’s Still Important Today

Credit Corp

While creditors weren’t looking up someone’s history of debt and payments, many lenders did take risk-mitigation actions. It also impacted some people’s ability to get credit with new lenders. It became possible for lenders to receive electronic information about a person’s credit quickly in the form of a fax.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

In order to address this gap, lenders are in a unique position to help provide customers with educational content that not only improves customers’ financial literacy but helps with their own retention and acquisition strategies by building and maintaining customer trust and loyalty.

article thumbnail

How To Get a Car Loan With Bad Credit [5 Steps + Tips]

Credit Corp

Every lender will have different DTI requirements, but it’s generally recommended to stay below 36%. Gather Proof of Income Potential lenders want to see you have a reliable source of income, especially if your credit score needs some work. Each lender will offer different loan terms.

Loans 98
article thumbnail

Free Credit Repair for Low-Income Individuals?

Credit Corp

If you’re denied credit based on something in your credit report, the lender must notify you in writing. You may be able to see some information about your credit report via the customer service portal for your account, so check with your lender or bank to find out if that’s the case. Get your credit score via your lender.

article thumbnail

Troutman Pepper Partner Mary Zinsner Selected for the American Arbitration Association’s Roster of Arbitrators

Troutman Sanders

Zinsner has handled every type of litigation impacting financial institutions, including lender liability, Uniform Commercial Code, bank operations, consumer finance, fiduciary matters, and state consumer protection statutes. AAA arbitrators also are required to take ongoing education in the art and science of arbitration.

article thumbnail

A Guide to Auto Loans in 2022

Better Credit Blog

Examples include using a mortgage to purchase a home or investment property, or a student loan to get a college education. The auto loan industry is quite a diverse one, and loan terms can vary considerably from one lender to another. Auto dealers work very closely with subprime auto lenders. Typical Terms for Car Loans.

Loans 83