Sentences with phrase «double as their line of credit»

In order to open up a secured credit card account, individuals are required to put down a security deposit that will double as their line of credit.

Not exact matches

However, the credit line can as much as double after a year of use.
In light of this, whenever you are shopping or opening a new line of credit, always ask questions to ensure companies are not double checking your credit, adding an additional hard inquiry, and, as a result, harming your credit even more.
Because of these high upfront costs, the Merrick Bank Double Your Line ™ Visa ® Credit Card falls into the category of cards known as «fee harvesters,» which are typically aimed at consumers with limited access to credit Credit Card falls into the category of cards known as «fee harvesters,» which are typically aimed at consumers with limited access to credit credit cards.
MoneyTap's quick loan with a line of credit doubles up as a personal loan and a credit card, giving you a flexibility like never before!
For the purpose of this double dip I don't need the BT APR to be at 0 %, the line of credit will be paid off the next day, so the 0 % APR doesn't matter as much as the origination «fee» does.
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