Sentences with phrase «enough of a credit line»

Having low debt levels on their credit card will allow them to have enough of a credit line available in an emergency, and will increase the credit utilization part of their credit score.

Not exact matches

«Once you have enough information to file a phony tax return, you have enough information to open new lines of credit, commit medical identity theft and take over financial accounts.»

Because a former business partner defaulted on his company's line of credit, and I was the only one dumb enough to personally guarantee the loan.

Banks are still somewhat stingy with loans, but if you have strong enough credit and are willing to borrow talk to your bank about loans or lines of credit.

That being said, seasonal businesses that meet the criteria and maintain enough cash flow to make the regular periodic payments during the slow season, can successfully use the flexibility of a line of credit to prepare, or ramp up, for an upcoming busy season or take advantage of other profit - generating opportunities.

Compared to traditional banks, you will never outgrow your line of credit, as a big enough factoring company can accommodate all your growth needs.

For those with some savings — but perhaps not enough to feel comfortable throughout retirement — the line of credit option provides instant access to cash to optimize drawdown strategies when unexpected expenses arise and during market downturns.

If you have enough of it, you may be able to convert that equity into either a home equity loan, or a home equity line of credit (HELOC)-- a revolving line of credit — to pay for those repairs or updates.

Hong doesn't get enough credit in the Kung Fu Panda series even though he provides excellent voice work while stars such as Seth Rogen, Lucy Liu, David Cross and Jackie Chan are inexplicably there to contribute a couple lines of dialogue and some grunting noises for fights.

Those documents indicate that even if CPS tapped the entirety of a $ 500 million line of short - term credit, akin to a district credit card, it still might not have enough money to cover all the bills coming due by the end of the month, meaning it will start the new budget year July 1 with past - due bills and an empty checking account.

Earn 10,000 bonus «Funpoints» after you use your card for the first time — that's enough to redeem for a credit of up to $ 100 toward your next cruise purchase on Carnival and the World's Leading Cruise Lines.

But not getting a statement for your line of credit or credit cards — having the debt «hidden» in your mortgage — can lead to a huge sigh of relief and not enough attention to the «consumer» part of the debt.

If you want to make improvements to your home to build equity, but don't have enough equity just yet to borrow a line of credit against the value of your house, a personal loan could do the trick to pay for those renovations.

It is not just enough to think you have your credit back in good standing, you should confirm this to be true prior to applying for any financing or lines of credit.

Or you could use your homeowner's line of credit to finance the entire purchase, if you had enough equity in your house.

Banks and credit unions offer home equity lines of credit to homeowners who have enough equity in their property to qualify.

Homeowners who experienced property value drops while drawing on home equity lines of credit may discover that they don't have enough remaining equity to qualify for a refinance.

If you aren't sure enough on the amount you want to spend, and don't want to stick on to a fixed monthly repayment scheme, home equity lines of credit serve you the best.

Do a line - item review of receipts and bank and credit card statements for deductible expenses or even the sales - tax deduction, if there are enough big - ticket purchases, says Walt Hatter, a certified public account and founder of Hatter & Associates in Fort Worth, Texas.

In other words, you need to have enough equity that a reverse mortgage will leave you with a reasonable lump - sum monthly payment or line of credit after paying off your existing mortgage balance, if you have one.

I only work in the summer months, and do not earn enough to pay income tax so I was wondering will this line of credit be considered taxable income?

Ted Michalos: So consolidation loan is where you go to a lender and you ask them to give you enough money, either through a loan or a line of credit to pay off all of your other debts.

Instead of reading between the lines, lenders were happy enough to look at an automatically populated three - digit credit score to determine risk.

Your credit score is not high enough for you to be approved for a debt consolidation loan or line of credit

If you follow basic rules for at least six months, i.e. make minimum payments on time and use up to a third of your credit line, you may improve your credit score enough to qualify for an unsecured card responsibly.

What if that is not enough to prove your non traditional line of credit, as I do show one line of credit on my credit report from the credit bureaus and all my income and debt - to - income ratio are great.

If you own a home and have enough equity in your home, you may be able to take out a home equity loan or line of credit and use the money to pay off all of your debts at the same time.

In 1999 we bought our second house and this time we bought it with 25 % down so we were able to get a home equity line of credit (which I think is a great tool if you are disciplined enough to use it properly).

The objective of building business credit is to have a business credit profile (similar to your personal credit reports) that is strong enough to get you the credit lines that you need right now and even funding that to grow and scale your business.

Bottom line, not enough performance data has been reported to credit bureaus to allow us to measure the risk of borrowers who go through short sales without prior delinquencies.

Either way, enough available credit so you don't get a bill representing more than 19 % of the total credit lines.

If you don't have excess cash, consider obtaining a home equity loan or a line of credit prior to the auction - or maybe a cash advance from a credit card would be enough to pay for the property.

Again, if you have enough equity in your home and don't want or need all the money at once, you might want to consider a personal line of credit secured by your home.

The federal government has more than enough money to raise personal taxes, especially from high income individuals, by reducing some of the following: the small business tax deduction ($ 3.2 billion), lifetime capital gains exemption ($ 600 million), donation credit related to gifted securities ($ 52 million), flow - through shares ($ 125 million) and bringing capital gains tax rates in line with the top tax rate on dividends ($ 1.25 billion).

If, through no fault of ours, you do not have enough money in your account to make the transfer, the transfer would go over the credit limit on your line of credit, if applicable, or if the funds in your account are subject to an administrative hold, legal process or other claim

«Because I wasn't making enough money, I would draw on the line of credit,» Kaelin said.

If you've built up enough equity, you may be eligible for a home equity loan or a home equity line of credit (HELOC), both of which can be used to fund home and family needs.

With retirement lasting 30 years or more with no uncertainty regarding health, costs or life expectancy, the possible necessity for assisted living, or just not having enough saved, it's a prudent line of credit to have in your back pocket, even if you expect never to use it.

Your credit history should be good enough for a minimum of $ 5,000 credit line, which is the requirement for Bank of America Alaska Airlines Visa Signature Credicredit history should be good enough for a minimum of $ 5,000 credit line, which is the requirement for Bank of America Alaska Airlines Visa Signature Credicredit line, which is the requirement for Bank of America Alaska Airlines Visa Signature CreditCredit card

And try to find out if you get a credit line large enough to accommodate the amount of debt you want to move, says Susswein.

These aren't the only great Visa cards — I don't have enough space to list them all — but they're all solid choices if you're looking to start a new line of credit.

and there have been reports via flyertalk of getting this card more than once (I got denied after applying for my second card and received a letter stating I already have enough open credit with them so the trick could be calling Barclays before applying for the second US Airways card and reducing your line of credit).

But when the economy soured, and the firm's banker sought to tighten the terms of its line of credit, an essential economic backstop for many law firms, there wasn't enough bench strength to see it through.

If you want to make improvements to your home to build equity, but don't have enough equity just yet to borrow a line of credit against the value of your house, a personal loan could do the trick to pay for those renovations.

You may already have life insurance for your mortgage or line of credit, but it may not be enough to help ensure the long - term financial well - being of your loved ones.

Consumers must have a trifecta of enough equity, a high credit score and a healthy relationship between their debt and income to take money out of their house via a cash - out refinance, home equity loan or home equity line of credit, also called a HELOC.

I haven't yet done it but I assume if I go in to ask for a business line of credit that my credit score is too low to get a good rate, i don't make enough (just left my 9 - 5 job), and I don't have enough assets to qualify for anything substantial.

Jim continued, «Our lines of credit are flexible enough to allow real estate investors the ability to quickly get in and get out of their assets and our term loans for rental portfolios allow investors to build equity via rent and market appreciation.

With the extraordinarily detailed and sensitive information that hackers and their customers may now possess on millions of Americans — Social Security numbers, driver's licenses, credit card numbers, home addresses and more — they may be able to create fake identities that are credible enough to fool banks and other lenders into granting home equity lines of credit and other mortgages in their names, making off with thousands of dollars in the process.

When you lost your home two years ago, your line of credit, which is really a second mortgage, was not paid off because there was not enough value in your property to cover it in the foreclosure sale.