Sentences with phrase «as secured credit»

There are starter lines of credit with products such as secured credit cards.

If your credit score is 670 or below, work to get the score up before applying for credit or apply for credit that is easier to get such as a secured credit card, which lets you put your own money up for collateral, Piercefield says.

Discover also expanded the it ® line several times, adding two student credit card options, as well as a secured credit card that offers rewards — a rarity in the credit - building card marketplace.

As a secured credit card, the BBVA Secured Visa ® Business Credit Card requires a deposit to open.

For that reason, consumers need to conduct their own research prior to putting in the application or they should only try to obtain credit cards that are easy to be approved such as secured credit cards.

Gasoline cards offer the same benefit as secured credit cards if they report to the credit bureaus.

As secured credit cards, usually, come with higher interest rates than unsecured ones, be careful while using them.

As secured credit cards are often the last tool to credit repair, it is important to first gauge your current financial standing, needs and calculate your credit score before applying for one.

As secured credit cards are intended for more «risky» credit profiles, those with no or poor credit scores, they are typically more expensive than unsecured credit cards because most charge an annual fee and have interest rates near 20 % on unpaid monthly balances.

However, there is such a thing as secured credit cards, and you will typically put up a small amount of cash, say $ 200 or $ 500 for a $ 500 limit secured card.

As a secured credit card is more expensive than an unsecured card, make sure that you understand the total fees and whether they will be refunded if you're denied a card.

The fact is there are companies who specialize in helping people repair their credit with such things as a secured credit card, timely rent and utility payments.

Yes, if you are wondering, for individuals with bad credit, companies may ask for a nominal deposit, which is technically known as a secured credit card, which we will talk more about below.

As a secured credit card, the credit limit available to members is determined by the size of the security deposit and their creditworthiness.

Rebuilding your credit is critical after filing a consumer proposal and we highly recommend looking at credit products such as a secured credit card or secured GIC after your proposal to begin the rebuilding process.

Keep in mind that there are other alternatives for credit building such as secured credit cards or lines of credit from non-profit institutions.

We're unsure if it reports as a secured credit card or not.

You won't even have to think of it as a secured credit card; rather a repository for your paycheck earnings.

Individuals with poor credit may qualify for high interest credit cards or other options, such as secured credit cards.

From there, you can take out products such as a secured credit card to work on restoring your credit.

Meanwhile, the agent will review your credit report, get any inaccuracies corrected, and try to help you secure lower interest rates and open accounts such as secured credit cards to show that you are a reliable borrower.

Some of the most popular credit card categories are: credit cards for bad credit, such as secured credit cards, reward credit card offers for cash back, air miles, travel rewards, and bonus points.

The Citi ® Secured Mastercard ® is pretty bare - bones, even as far as secured credit cards go.

Like a regular credit card, you will be charged interest and the APR can be as high as a secured credit card.

It may be hard to qualify for a financial product on ideal terms, but there are some products, such as secured credit card, designed for consumers in this situation.

There are also such things as secured credit cards, which are credit cards that lend you money based on a deposit amount you set up with the credit card issuer.

Not exact matches

In reality, most mobile payment methods are just as secure as credit card transactions, and many are protected by the same provisions that make traditional POS systems PCI compliant.

Securing funds from a variety of sources, such as loans, lines of credit and credit cards are common methods of injecting cash into your business — but managing these properly can be a challenge.

In September 2015, Biz2Credit conducted a study that showed Latino small - business loan applications grew 18 percent, yet their owners lag behind in the necessary factors needed to secure financing, such as annual revenue, age of business and credit scores.

Securing a business loan can be costly as is, but with less - than - perfect credit, you're looking at higher interest loans that might not be worth the trouble.

Fortunately, thanks to new offerings, business owners who balk at the idea of letting their businesses influence their personal credit ratings now have other options, such as debit cards or secured cards.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

Just as important, the stimulus, with its first - time homeowner tax credit, allowed him to purchase a house, which in turn let him secure business financing.

What's more, neither plan offers the larger deficit - reducing assurances that credit ratings have said they need for the U.S. to retain its place as one of the most secure investments in the world.

When Apple Pay launched in 2014, the iPhone maker pitched the service as a secure and desirable alternative to credit cards.

As Ron Lawson, managing director at the U.S. - based Logic Advisors, explains, without easy access to credit, agricultural producers were forced to cash in their assets to secure funds.

It's also worthwhile to check out secured credit cards and credit builder loans, which may ask for a deposit of funds to act as your spending limit on a card or deduct a monthly amount to save for you.

The company is also paying down revolving credit debt and its term loan A debt as part of the refinancing effort, which includes the nearly $ 3.3 billion sale of secured notes.

For those who are receiving credit - card offers for the first time, Hardekopf advises choosing a secured card that reports payments to the credit rating companies (as opposed to a debit card or prepaid card, which do not) to begin building a credit history, which can beneficial down the road.

As your business becomes more established, your success may make it easier to secure a loan or line of credit.

A secured line of credit is a line in which the borrower puts up collateral as a security deposit on the line of credit.

As the global credit crisis grinds on, it's getting tougher than ever for startups to secure financing.

Thus, they can not rely as much on the value of the housing collateral in securing their mortgage loans, and consequently now put more weight on the credit histories of the borrowers.

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

«Credit Karma can now alert you as soon as possible if you've been affected by a data breach and provide next steps you can consider to help secure your information,» said Adam Boender, product manager, in a blog post.

Founded in 1995 as ACS Merchant Services, TransFirst's comprehensive range of merchant products and services includes point - of - sale systems, online and mobile credit card processing, telephone processing solutions, payment processing equipment, secure payment processing, small business credit card processing, and more.

We're in the process of securing a credit facility which we expect to be larger than the buyback authorization, to have the flexibility to pursue potential acquisition opportunities as well as buy back stock when appropriate.

That makes them different from a secured loan, such as a car loan or a home equity line of credit, in which your property guarantees repayment.

Small businesses have a tougher time getting approved due to factors including lower sales volume and cash reserves; add to that bad personal credit or no collateral (such as real estate to secure a loan), and many small - business owners come up empty - handed.

In November 2015, we terminated the unsecured revolving credit facility provided under such credit agreement, and we entered into a new secured revolving credit agreement with these lenders as well as affiliates of Jefferies LLC, Stifel, Nicolaus & Company and SMBC Nikko Securities America, Inc., under which these underwriters and / or affiliates have been, and may be in the future, paid customary fees.