Sentences with phrase «amount of one's credit line»

If you were to pay back your entire balance, the full amount of your credit line would be available for withdrawal again.

As long as you have a good amount of credit lines open, and you are only closing new accounts, you shouldn't have any problems with your credit score dipping.

Credit utilization is expressed as a percentage — or ratio — of the amount of debt that you have outstanding, divided by the total amount of your credit lines.

The entire amount of your credit line is usually not all available for a balance transfer, so find out how much you can transfer before writing any checks.

If you were to pay back the entire balance, the full amount of your credit line would be available to withdraw from again.

This can happen as the number of loan accounts with balances increases, or as your credit utilization ratio rises (the amount of credit card debt you owe, divided by your total amount of credit lines available).

But banks should be required to release their claims on such property for the undrawn amount of the credit line.

They will also approve you for a generous amount of a credit line, making it possible for you to be able to start out with a decent amount of money to spend every month.

Once you have signed the Card, you can use it to buy or lease good or services, wherever the Card is honored, up to the full amount of your credit line.

The HELOC's promissory note will state the total amount of the credit line available to the borrower.

Unlike a home equity loan, a HELOC functions much like a credit card with a minimum payment each month — or more, if you want to pay down the principal on the debt — with interest expense for the amount you've borrowed, not on the entire amount of the credit line.

With this card, the amount of your credit line is equal to the amount you deposit.

Essentially, you «secure» your credit with a cash deposit, which equals the amount of your credit line.

That ratio equals your credit card balances divided by the amount of your credit lines.

The credit line automatically advances funds to your checking account to cover checks or other items you have authorized, up to the amount of the credit line approved.

Generally with secured cards, the amount of your credit line matches the amount of your security deposit.

Thus, you can avoid having many different cards which can ruin your credit due to the amount of credit lines open that would appear on your credit report.

The amount of money you deposit in the collateral account ($ 500 to $ 25,000) equals the amount of your credit line.

If you were to pay back the entire balance, the full amount of your credit line would be available to withdraw from again.

It is possible to withdraw any amount of your credit line without surpassing the set limit.

Only 2 «negatives» were (1) a higher than expected APR % rate (a full 4 + % higher than my other most recent card), and (2) a limit on the amount of your credit line that is available for CASH.

Upon approval, we will establish the APRs, fees and amount of your credit line and send you a Credit Card Agreement and your credit card (s).

This type of loan benefits the borrower financially in that interest is only accrued on the amount of the credit line that has been used.

For example, you might commit to making timely monthly payments, paying down other credit card balances and limiting the amount of your credit lines you use for several months before you apply for a new credit card.

Your credit utilization ratio is determined by dividing the amount of outstanding credit, by the amount of credit lines that you have available.

The amount of the deposit becomes the amount of your credit line.

The amount of the credit line is dependent upon the amount of equity in the subject property and the lender's guidelines.