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When asked under what conditions lenders must inform borrowers of their credit scores, for instance, "large majorities" correctly identified three key conditions, including: after a consumer applies for a mortgage; whenever a consumer is turned down for a loan; and on all consumer loans, when the applicant does not get the best terms, including the lowest interest rate available.
It also means that the vendor can ensure that they comply with the regulations or standards that govern their industry, such as when a consumer applies for a new credit card, bank account, loan or even a mobile phone contract.
When a consumer applies for "instant credit," a credit card issued on the spot at the cash register of a favorite store, the restrictive nature of only relying on individual income becomes especially apparent, Wu said.
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A novel technology often leads to some forms of disruptions that are a result of the average consumer applying new tools in their everyday lives (Lipson and Kurman 2013).
Like Chris Brake, he sees in today's post-coal-mining economy the prospect for continued relevancy as a new generation of consumers applies an avalanche of American condiments to his Italian-American pepperoni rolls.
So consumers applying for refinancings should at least expect some delays.
When consumers apply for home loans, banks check their credit history with one of the three credit bureaus.
Once consumers apply for loans through Western Sky's Web site, their applications are shuttled to subsidiaries in California, which finance the loans, the suit said.
Even states that are opting for the federally run pools are expected to post information on their insurance department Web sites to help consumers apply, said Ms. Praeger.
As on an online credit card, NextCard lets consumers apply for an actual piece of plastic online and, if they qualify, get approval instantly.
Furthermore, many consumers apply perfume to the skin which does not correspond to the P-statement 'IF ON SKIN: Wash with plenty of soap and water' (P302 + P352).
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