Sentences with phrase «credit line when»

Transferring your credit line when you close the card minimizes the damage.

Capital One will increase your credit line when you make on - time payments.

Lenders are more inclined to grant a credit line when the business cash flow is strong.

Did they cancel your credit line when they refunded the $ 10?

Capital One will increase your credit line when you make on - time payments.

Depending on your credit score, you might have a fairly low credit line when you first get this card.

Lenders are more inclined to grant a credit line when the business cash flow is strong.

Not exact matches

When the Federal Reserve boosts its target funds rate, banks are quick to follow suit by increasing the cost of borrowing on everything from credit cards to home equity lines of credit.

On average, you pay a 1 - 3 % higher interest rate when compared to the prime rates found in lines of credit and bank loans.

Some of the retailers that did pick up the Edmark line couldn't always reorder when the inventory had been sold; they had maxed out their credit lines to stock products from Edmark's competitors.

When the light turns yellow, Phunware turns to a working capital line of credit, asset - backed loans, bridge financing, or equity funding.

Many small - business owners feel frustrated when they try to apply for a line of credit or a small - business loan — they feel like banks are only set up to loan money to big companies.

Check out the Case Study from our current issue about about Able Planet, a Colorado - based audio technology company that had to figure out what to do when its bank suddenly changed the terms of its $ 2.5 million line of credit.

Just speaking of the basics, a line of credit, or revolving credit, is an amount of capital you can dip into when you need or let lie when you don't.

Fifteen or twenty years down the road, when homeowners are more likely to have depleted their savings, they can convert the HECM credit line into a so - called tenure payment.

It's tempting to lean on loans and lines of credit when interest rates are low, but it can leave you without room to maneuver

When HECM borrowers leave their homes (to move into a nursing home, for example), they can no longer draw on their credit lines or tenure payments.

Factoring is one of a number of alternative sources of financing for small and midsize businesses when a bank pulls their credit line or says no to a traditional business loan.

«If a bank's minimum loan is $ 500,000 and you need a $ 50,000 line of credit, don't be surprised when they don't return your calls,» Geshwiler says.

Crumbs started looking stale when the company got a US$ 5 million credit line from Fischer Enterprises in January after efforts to turn around the company's finances failed.

The most important advice I give to my clients is to apply for a line of credit when they don't need it.

(The difference is that in home equity loan, the bank provides a lump sum, often for a specific purpose, whereas a line of credit is much like a credit card — available credit for you to use when you need it.)

Leasing equipment is a smart way for businesses to get what they need, even when lines of credit are tight.

Enthusiasm for auto debt comes at a time when aggregate growth of mortgages, credit cards, lines of credit and other forms of borrowing has slowed.

Instead of looking at a number in a bank account, consider lines of credit or capital partners who are willing to pony up more money when the company hits difficult times.

When he founded NetForce Technologies, in 1993, Tommy Wald struggled to get his first line of credit.

When American Express sent Capen, a cardholder for the past six years, a notice that she was preapproved for a $ 25,000 line of credit, she leaped at the offer.

Still, a line of credit against the value of their home is how Ricci, his wife and two kids fund a portion of their admittedly frugal lifestyle, particularly when paycheques become sporadic.

Keep separate bank accounts and credit cards, and secure business and personal lines of credit now, not during a financial disaster when banks will turn you down.

Sure the banks will give us a «line of credit» so they can gouge you for 20 % interest after you have the card / account for two months like Citibank and Bank of America has done to both my credit cards (even when I'm paying on time and amounts well above minimum).

Robert Saik founded the company in 1987 with a $ 35,000 line of credit and a fax machine, frustrated by how farmers were making decisions about what to plant, how to fertilize or treat it, and when or where to sell it.

Using credit wisely, paying your bills, and opening credit lines only when you need them is super important to maintaining a high credit score so that you can still access credit when you need to.

Then, when you receive a business loan or line of credit — sometimes called trade credit — information about your payment history is compiled by one or more business credit reporting agencies, including Dun & Bradstreet, Experian, Equifax and FICO and turned into a business credit score.

When 74 - year - old Slim agreed to loan Times Co. money in 2009, the company had just canceled its dividend to preserve cash and a credit line was set to expire.

Their lines of credit are similar to a small business credit card in that you're issued a credit line that you can use when you want.

When you need to borrow money, you have a few different options, including personal loans and lines of credit.

A personal line of credit is an open - ended loan that lets you access money when you need it, similar to a credit card.

When you open a line of credit, you'll receive access to a stated amount of funds to use as needed.

In addition to the option of a small business loan, an alternative some restaurant owners consider is to establish a line of credit that can be accessed when needed, repaid, and used again.

Additionally, a HELOC is more like a credit card: You can draw from the equity line of credit over time when you need to, and you only pay interest on the amount you've borrowed.

When compared to a traditional small business loan or line of credit, it's sometimes easier for a business owner to qualify for a business credit card

The flexibility to access capital when needed, pay off the balance, and use the line of credit again in the future is very appealing to many small business owners.

When you borrow against your home's value, you are getting a home equity line of credit or a home equity loan.

When I spoke with my loan advisor at OnDeck, he suggested a credit line would regularly report to the credit bureaus under the business name so I could build my business credit.

The second piece of information a credit report provides is about credit inquiries by creditors, whether soft (when you get pre-approved for a line of credit) or hard (when you apply for a line of credit and the creditor pulls your credit report).

When you open a business line of credit, the business receives access to a stated amount of funds to use as needed.

A business line of credit (LOC) is a revolving loan that allows access to a fixed amount of capital, which can be used when needed to meet short - term business, needs.

When U.S. interest rates started to rise, however, frightened global banks pulled credit lines and net capital inflows reversed, leading to lower investment, soaring unemployment, and currency devaluations.

Similar to other revolving lines of credit, you draw funds when you need them and you only pay interest on the funds you use.

When it comes to your debt - to - income ratio, the best thing you can do is avoid opening new credit lines before and during the mortgage process.