With refinancing, lenders are looking for a steady cash flow — that assures them that you have the ability to pay
back your debt consistently and they will reward that with lower rates.
Not exact matches
Since the industry consolidated and management incentives changed to being based on returns on capital rather than growth, capacity (supply) growth has tracked GDP (demand) growth closely, free cash flow generation has been significant and consistent, and the companies have
consistently paid down
debt, bought
back stock and paid dividends.
Just as is true with individuals, a state that
consistently lives beyond its financial means and refuses to scale
back its spending can not borrow its way out of
debt.
The most important part about building credit is demonstrating you can pay
back the money you borrow to prove to creditors and lenders you
consistently and responsibly manage
debt.
Whether you're searching for ways to pay down
debt faster, claim lucrative travel rewards, or earn cash
back, Bank of America has the solution, with a suite of high - quality credit cards that customers
consistently rate favorably.