Sentences with phrase «creditors lowered my credit limit»

Not exact matches

You may rebuild your credit by making payments to all your creditors on time and keeping account balances low relative to the credit limit.

During the course of the investigation, your creditor may lower your credit limit proportionally to the amount being disputed.

For example, if you are challenging a $ 500 credit card purchase and your credit limit is $ 2,000, the creditor may lower your credit limit to $ 1,500 while that purchase is under investigation.

Whatever the reason for your bad credit history, the first step toward repairing it is applying for a card made especially for your situation and then, if approved, making timely payments and keeping account balances low relative to the credit limit with all your creditors.

Creditors usually offer lower interest rates, higher spending limits and better terms on secured lines of credit.

When you opt for balance transfer method, with your creditors» approval, you actually transfer your high interest bills to a relatively low interest card with sufficient credit limit.

Since there are lower limits to the amount of that your creditors want to accept, you need to estimate the limits where your credit counselor may not be able to further cut your payments.

If you move closer to the top of your credit limit — even if that limit is lower than it used to be — you represent a greater risk to the creditors.

You might be able to work a better deal — lower interest rate, higher credit limit — by pointing out that other creditors are clamoring for your business.