Remove Credit Unions Remove Loans Remove Personal loans Remove Trade
article thumbnail

Can You Buy a Car With a Credit Card?

Credit Corp

There are several financing options available, such as an auto loan or personal loan—but what about your credit card? Can you buy a car with a credit card? The simple answer is yes, you probably could find a car dealership willing to accept a credit card payment. Doing a trade-in. Getting a cosigner.

Loans 52
article thumbnail

10 Reasons You Were Rejected for Credit

Credit Corp

It’s a common scenario: You apply for a personal loan or credit card and get denied. The reason seems shrouded in mystery, and you receive a letter with language such as “lack of recent installment loan information” or “proportion of balances to credit limits.”

Lender 104
Insiders

Sign Up for our Newsletter

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

article thumbnail

Tips for Improving Your Credit: The Types of Accounts in Your Credit Report

Credit Corp

Basically, credit scoring models want to see that you can manage different types of financing, most notably revolving accounts, such as a credit card, and installment accounts, such as a mortgage or auto loan. The credit bureaus have determined that the types of accounts you have is predictive of your future credit risk.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. government.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. government.