Not exact matches
Situations that would normally lead to a lease being classified as a finance lease include the following: the lease
transfers ownership of the asset to the lessee by the end of the lease term; the lessee has the option to purchase the asset
at a price which is expected to be sufficiently lower than fair value
at the date the option becomes exercisable and that,
at the inception of the lease, it is reasonably certain that the option will be exercised; the lease term is for the major part of the economic life of the asset, even if title is not
transferred;
at the inception of the lease, the present value of the
minimum lease
payments amounts to
at least substantially all of the fair value of the leased asset, and; the lease assets are of a specialised nature such that only the lessee can use them without major modifications being made.
• Have a share (membership) account with a
minimum balance of $ 5.00, • Have
at least twenty (20) debit card purchases (PIN based or signature based) from Greater Iowa debit card, and the purchases must post and settle prior to the close of business on the last business day of the month, • The membership associated with Greater Checking account must elect to receive electronic statements (e-Statements) in lieu of paper statements by registering or linking for e-Statements with a valid email address, • Have a direct deposit of
at least $ 100 per month in the Greater Checking account or
at least one
payment made via Greater Iowa bill pay from the Greater Checking account (internal
transfers are excluded and do not qualify) prior to the close of business on the last business day of the month.
Also, if you pay
at least your
minimum monthly
payment with your balance
transfer credit cards, you can avoid late fees.
This means making
at least the
minimum payment on your original card until the balance
transfer is completed and the card no longer shows a balance.
Though both Chase Freedom and Slate offer a promotional interest rate for the first 15 months if you
transfer a balance from another credit card (assuming you make
at least the monthly
minimum payment), there's one huge difference: Chase Slate will not charge you a balance
transfer fee if you
transfer within 60 days of opening your account.
Until the balance
transfer has gone through both the initial card issuer and the new issuer, you are still legally required to make
at least the
minimum payment on your initial card before your due date to avoid late fees and / or credit damage.