Q&A Video – Do Installment Lenders Care About FICO Scores And Credit Limits?

John Ulzheimer

John Ulzheimer | Q&A Videos

Jul 20, 2015

Installment lenders provide loans that come with fixed terms and payments for a set amount of time, in contrast to credit card lenders who provide credit with interest rates that can vary. Student loans, car loans, personal loans, and mortgages are all examples of installment loans. When applying for an installment loan lenders will look at your FICO credit score to check your credit. What do your credit limits and your overall credit utilization have to do with this? Learn all about it in our video with credit expert John Ulzheimer.

Was this helpful?

The Insider

Brendan Harkness
Review of the Starwood Preferred Guest Cards from American Express
Brendan Harkness | Oct 11, 2017

The Starwood Preferred Guest consumer and business credit cards from American Express offer up to 5 points at SPG locations and a variety of great benefits.

Read More
Brendan Harkness
Platinum Card® from American Express Review: Is it worth the $550 annual fee?
Brendan Harkness | Sep 20, 2017

The Platinum Card from American Express provides a wide range of benefits and rewards, but is it worth the $550 annual fee?

Read More
John Ganotis
Is my credit card account open if I didn’t activate the card yet?
John Ganotis | Sep 18, 2017

Read More