Sentences with phrase «available revolving credit»

To improve your credit score, you should pay your bills on time, every time, avoid too many checks on your credit score, and use less than 30 percent of your available revolving credit.

Which is to raise your overall available revolving credit?

A FICO score is based on various factors including: punctuality of payment in the past, capacity used (ratio of current revolving debt to total available revolving credit), length of credit history, types of credits used and recent credits obtained.

Their balances are often low and they use only an average of 7 percent of their available revolving credit, i.e., $ 70 on a credit card with a $ 1,000 maximum.

The available revolving credit limit for your new card will be reduced by the total amount of the transfers, including fees we approve.

«YOU»VE MADE HEAVY USE OF YOUR AVAILABLE REVOLVING CREDIT.

The available revolving credit limit can also be defined as the gross maximum minus the outstanding account balance.

Not exact matches

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters oRevolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of cCredit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters orevolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of creditcredit.

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters oRevolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of cCredit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters orevolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of creditcredit.

It's the amount of money you owe on revolving debt (such as a credit card) compared to the credit limit available to you.

The Revolving Credit Facility provides for a revolving total commitment of $ 20,000 of which $ 15,000 was available immediately and can be increased to $ 20,000 on or after the first anniversary of the effective date upon the Company's election and satisfaction of certain coRevolving Credit Facility provides for a revolving total commitment of $ 20,000 of which $ 15,000 was available immediately and can be increased to $ 20,000 on or after the first anniversary of the effective date upon the Company's election and satisfaction of certain corevolving total commitment of $ 20,000 of which $ 15,000 was available immediately and can be increased to $ 20,000 on or after the first anniversary of the effective date upon the Company's election and satisfaction of certain conditions.

As of March 22, 2013, the company had $ 194 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had $ 89 million of vacation ownership notes receivable eligible for securitization.

As of June 20, 2014, the company had $ 197 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had approximately $ 170 million of gross vacation ownership notes receivable eligible for securitization.

The company had $ 195 million in available capacity under its revolving credit facility after taking into account letters of credit.

(With revolving credit, lenders look at the ratio of your current balance to your available credit to come up with a credit utilization ratio.

Your credit utilization ratio on revolving accounts — the percentage of your available credit you're using — is an important factor in your FICO ® Scores.

Scores are calculated by the major credit - rating agencies — Experian, TransUnion and Equifax — based on a number of factors on a credit report, including the number of open accounts, the types of accounts revolving vs installment, available vs used credit and / or the length of credit history.

For example, if you have a revolving balance of $ 3,500 and your credit limits are $ 10,000, then your credit utilization ratio would be 35 % — meaning that you're using 35 % of the credit available to you.

For revolving accounts, it helps your score to have a lower credit utilization ratio, which compares your balance to your available credit.

A HELOC works much like a credit card, making a portion of your home's equity available to use on a revolving basis.

For U.S. Bank customers, a Premier Line of Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer credit that gives you access to your available credit line on an ongoing basis with fewer credit line on an ongoing basis with fewer fees.1

That's how much revolving debt you have — including what you owe on your credit cards — compared to how much available credit you have.

One of the key factors that cause credit scores to move up or down is how much debt you owe on revolving accounts (such as credit cards and lines of credit) compared to your total available credit limits.

But if the amount you owe on your revolving debt is more than 30 % of your available credit limit, it may have a negative impact on your score.

This revolving credit line can be drawn upon for whatever you need and the money you've used becomes available again after you've made your payments.

The general guideline is to keep your revolving balances under 30 percent of your available credit limit.

Two of those are open revolving credit dollars (you want a lot of available credit with low usage) and average age of accounts (older accounts show a good history of responsible use).

It's a good rule of thumb to try to keep your revolving credit utilization (credit cards, lines of credit, etc.) to around 30 percent of the total revolving credit available to you.

# 4 Pay all credit cards and any revolving credit down to below 30 % of the available credit line.

Especially if they are still open and you'll have revolving credit available.

Because too much revolving debt — also known as credit card debt — increases your utilization rate, or the percentage of available credit you use.

«There are programs available which are designed to help rebuild credit by developing a positive history of borrowing and repaying a fixed - payment loan and a revolving line of credit,» explains Schwartz.

The credit line is revolving, which means that any payments you make replenish the credit available to you.

A home equity line of credit is a revolving line of credit secured by your home and is the most flexible type of home financing available.

One of the most popular features of the payday line of credit, other than the revolving structure of the available funds, is how easy it is to apply for.

Your home equity line of credit is a revolving credit account, meaning as you pay back your balance you can continue to draw on available funds throughout the draw period.

Revolving debt, such as the debt you carry on a credit card, and high credit utilization, using the majority of credit available to you, adversely affects your score.

revolving charge account [top] Credit automatically available up to a predetermined limit so long as a consumer makes regular payments.

Have a minimum of two to three revolving lines of credit (keep your balance below 30 % of available credit).

A home equity line of credit is treated similar to a revolving charge account, in that when you pay down some of the balance those funds become available to you again.

That's less than 2 % of available credit, which is why I was concerned about the «Amount owed on revolving accounts is too high» the only other debt I have is an auto - loan that was refinanced the week before I received that credit report, thus no payment has been made.

As far as DTI and FICO — FICO looks at your total available credit to credit utilized (the aggregate balance and percentage advanced on all of your revolving lines including HELOCs, credit cards, and overdraft protection lines — if they are reported).

· revolving line utilization rate, or the amount of credit you are using relative to all of your available credit;

Credit utilization — Are you keeping the balances on your revolving credit (typically credit cards) below 30 per cent of available cCredit utilization — Are you keeping the balances on your revolving credit (typically credit cards) below 30 per cent of available ccredit (typically credit cards) below 30 per cent of available ccredit cards) below 30 per cent of available creditcredit?

There are two types of available credit for consumers which are called revolving and installment.

Because a HELOC is considered revolving credit, using most or all of the available credit on your HELOC can hurt your credit score, according to Experian's FICO Score Factors Guide.

With a revolving line of credit, you'll have cash available that you can access quickly, no matter what your business needs.

More specifically, credit scoring models will calculate your revolving utilization ratio or, in other words, how much of your available credit you utilize in the form of credit card balances.

Because CareCredit provides a revolving line of credit that can be used repeatedly, many pet owners already have an account available when faced with paying for emergency treatment for a pet, routine wellness, and ongoing care or special diets, says Fasoli.

As of March 31, 2015, our senior secured credit facilities consisted of $ 390.1 million of outstanding term loans maturing on August 8, 2019 and an undrawn $ 40.0 million revolving credit facility (which includes borrowing capacity available for letters of credit and for short - term borrowings) maturing on August 8, 2017.