Sentences with phrase «balance accumulates over time»

When you use a credit card, your credit balance accumulates over time and must be repaid plus interest.

Not exact matches

Through responsible credit card usage (like watching for overspending and paying your full balance each month), you can save money over time because the accumulated rewards can go directly toward your «fun fund».

Using less than 30 % of your allotted credit limit is a good rule of thumb and should raise your score over time, assuming you pay down any balance you accumulate.

Unfortunately, if you're heavily reliant on credit cards, who you are is a person in debt (don't forget that credit card interest, combined with late fees, balance transfer fees, over-the-limit fees and more is added onto your monthly bill and will continue to accumulate over time).

The Chase Slate ® waives interest on balances they carry for those first 15 months, which lets cardholders slowly pay off any debts without accumulating fees over that time.

APR affects your bill by accumulating interest over time and by being applied in a certain order to different portions of your balance when you're making payments.

But over time, as you continue to make payments, the balance of the loan decreases, thereby reducing the interest that accumulates and allowing more of your monthly payment to go to paying down the principal of the loan.

At that time I had, over the prior 6 months, accumulated a small position based on a simple thesis: the company had over $ 1.90 in cash on its balance sheet, was operating on a cash flow positive basis, had no debt and I could buy shares at about $ 1.58 or 83 % of cash.

Hefty finance fees and interest charges that accumulate over time compound the misery of fiscally - overextended consumers trying to cope with minimum monthly payments and ballooning balances.

This way, the borrower is able to pay off all accumulated interest, but can also make a dent in the balance, allowing him or her to repay the loan in full over time.

Again, new laws have changed this to require 45 days» notice, but that isn't a lot of time if you've been accumulating a balance over several months or years.

All the balance that accumulates over time is exempt from wealth tax.

The balance of the death benefit that your policy will pay will come from the cash value that has accumulated over time.

The account balance, called «cash value» accumulates over time.