On the bright side, you can save time and cost because as long
as your line of credit remains active, you can continue to use it without having to apply for a new loan each time you need some extra money.
Similar to a credit card, you can borrow only what you need when you need it during the «draw period» (as long
as your line of credit remains open).
Not exact matches
Suffice it to say that while there
remain some bright spots in market action, such
as the overall profile
of market breadth (
as measured by the simple NYSE advance - decline
line),
as well
as bright spots in economic figures, such
as Friday's upbeat jobs number and the reasonable behavior
of credit spreads to - date, the weight
of the evidence is increasingly cautious.
How each company calculates it
remains a trade secret, but most consider your payment history, available
lines of credit, the types
of credit you have,
credit inquiries you've made and the years you've had ongoing
credit as part
of the total number.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weaknes
As usual, I don't place too much emphasis on this sort
of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom
line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion
of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period
of internal divergence
as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weaknes
as measured by breadth and other market action, and complacency at best and excessive bullishness at worst,
as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weaknes
as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk
of an oncoming recession, which would become more
of a factor if we observe a substantial widening
of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there
remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
Initially the thought was that Home Equity
Lines of Credit would no longer be deductible but the IRS recently issued guidance that
as long
as the
line is used to buy, build or improve your home it
remains deductible.
As long as the cardholder makes at least the minimum payment, the line of credit remains availabl
As long
as the cardholder makes at least the minimum payment, the line of credit remains availabl
as the cardholder makes at least the minimum payment, the
line of credit remains available.
Under the terms and conditions
of your new Personal
Credit Line, your interest rate will
remain the same
as your current interest rate.
The
credit line gives the borrowers the option
of taking
as much money
as they wish at initial funding, but then with the
remaining funds the borrowers can access the funds
as they desire.
TD's prime rate for other products with a variable interest rate, such
as lines of credit, are not affected
as that rate
remains at 2.7 per cent.
M&T Bank does not charge closing costs on new home equity
lines of credit so long
as the account
remains open for at least three years.
As long as you continue to make on - time and complete payments, you will remain in good standing and be able to continue using your line of credit accoun
As long
as you continue to make on - time and complete payments, you will remain in good standing and be able to continue using your line of credit accoun
as you continue to make on - time and complete payments, you will
remain in good standing and be able to continue using your
line of credit account.
How each company calculates it
remains a trade secret, but most consider your payment history, available
lines of credit, the types
of credit you have,
credit inquiries you've made and the years you've had ongoing
credit as part
of the total number.
Withdrawals can be repaid at any time, and
as long
as you
remain in good standing with the bank, your
line of credit can
remain open and available for future funding needs.
The money from a
line of credit can be withdrawn at any time
as long
as the borrower
remains within the
credit limit.
So long
as your account
remains current, you will have access to your
line of credit.
A HECM
line of credit, on the other hand,
remains in place
as long
as the borrower
remains in the home in good standing and the amount available will never be reduced..