Sentences with phrase «borrow against your credit limit»
Then, you can borrow against your credit limit and repay those smaller loans within 6 months, with as little as 1 percent interest.
https://www.simplethriftyliving.com/
What this means is that you can continue to borrow against your credit limit after you've repaid previous purchases.
Not exact matches
Like a credit card, a HELOC is a revolving line of credit — you have a set credit limit against which you can borrow.
A LOC is fundamentally a credit limit a business can borrow against whenever they need it, repay, and use again — often for a specified term.
The line of credit loan, our most popular personal loan, provides a credit limit you can borrow against at any time.
Like a credit card, you'll be able to borrow money against your line as often as needed as long as you don't exceed the limit on the line of credit you've been granted.
A LOC is fundamentally a credit limit a business can borrow against whenever they need it, repay, and use again — often for a specified term.
A Home Equity Line of Credit from Heartland Bank allows you to borrow against the equity in your home with the flexibility and ease of using your approved funds up to the limit, making payments against the balance, then using the available funds again as needed.
A home equity line of credit provides you with a credit line that you can borrow against at any time within a set time limit and up to a maximum amount.
Responsible borrowing can protect credit score from limit cuts — When the bank cuts a cardholder's line of credit — a common occurence in recent years — a history of responsible borrowing can protect against credit scoring damage.
Most credit cards make it possible for you to borrow against your card's credit limit and receive cash.
With a secured credit card, your credit limit is a cash deposit you'll be required to make before opening your account, so you're essentially borrowing against yourself.
If you're approved, you'll need to make a cash deposit; this becomes your credit limit that you can borrow against.