We do not
extend lines of credit.
A LOC is first cousin to a HELOC in that
both extend lines of credit for use as needed.
Banks are often reluctant to
extend lines of credit beyond their limit, and may even require accelerated repayment if you consistently hit your limit.
This is bad news for retailers that
extend lines of credit to their consumers.
Because of this, most lenders typically won't
extend lines of credit or loan offers to you.
This shows to the credit bureau your trustworthiness since so many different lenders are willing to
extend you lines of credit.
They extend a line of credit that consumers pay off over time.
Backers of the petro could be viewed as
extending a line of credit to the Venezuelan government, said a spokesperson who went on to state, «The Venezuelan petro currency could therefore expose US persons to legal risk.»
In this case, your bank will provide a lump - sum loan payment or
extend a line of credit based on this amount.
Through this program, American Express will pay off vendor invoices on your behalf,
extending you a line of credit of up to $ 750,000.
If you want a line of credit, OnDeck only
extends lines of credit up to $ 100,000 with six - month terms.
His white - shoe law firm — which has yet to receive a penny from him despite nearly a year's worth of legal work, essentially
extending him a line of credit — itself lobbies city agencies on behalf of clients with business before the city.
You do not have to make additional deposits, unless you wish to
extend your line of credit.
Here's the problem: that credit check causes a «hard inquiry» on your credit report — which is when a lender, creditor or financial institution requests a credit check before deciding whether or not to
extend a line of credit to you.
A charge card requires full payment of the balance each month, and it does not have
an extended line of credit.
A Hard inquiry is a mark for when an individual tries to open a new line or
extend a line of credit.
Inquiries, at the core, are marks that are reported on your credit report by establishment when you either attempt to open a new line of credit,
extend a line of credit, or happen to check your credit score or report.
HELOCs are similar to credit cards in that consumers are
extended a line of credit that can be renewed as it's paid back.
You are
extended a line of credit, accessible via your card.
As with a regular unsecured credit card, you are
extended a line of credit.
Banks want to see a track record of accountability before
they extend a line of credit to you.
Keep that in mind when you're swiping your card next time — they're
extending you a line of credit which MUST be paid back.
If you want a line of credit, OnDeck only
extends lines of credit up to $ 100,000 with six - month terms.
The issuer takes minimal risk in
extending the line of credit because the cash deposit is typically the same as the credit line.
You aren't
extended a line of credit, and your activity won't be reported to the credit bureaus.
You pay a deposit, which is held in a separate account, and you are
extended a line of credit.
Like other secured cards, the deposit is a form of risk protection for the lender, since you'll be
extended a line of credit financed with your own money.
The industry credit rating standard for lenders evaluating whether they will loan money or
extend a line of credit to consumers is the FICO credit score.
You either deposit a sum upfront — say, $ 500 — which the bank then uses to
extend you a line of credit for that amount.
Upon approval, Tally
extends a line of credit to you.
Online small business lenders pounced on her desperation for funds and
extended lines of credit, but with outrageous fees that hindered any potential growth her company had.
CareCredit
extends a line of credit specifically for healthcare expenses (including veterinary bills).
What I did find surprising is how Kabbage looks beyond an applicant's credit report to consider factors such as the business» social media presence — including how many «likes» or «followers» it has, how often it posts on social media, and how often its posts elicit comments — when deciding whether or not to
extend a line of credit.
They do this to check your creditworthiness before
extending a line of credit.
That means you will not be
extended a line of credit and your bill must be paid in full every month.
Most authorized users are spouses or family members who share expenses, young adults who have been
extended a line of credit by their parents, or employees of a business who are issued a corporate credit card to charge work related expenses.
Not exact matches
As an example, let's consider that a potential customer is asking you to
extend them a significant
line of credit as part
of signing on with your company.
JPMorgan led a
credit line extended to Dropbox, along with Goldman Sachs, Bank
of America Corp., Deutsche Bank AG, Macquarie Group Ltd. and Royal Bank
of Canada, people familiar with the matter said last March.
For small - business owners looking to improve their cash flow,
extending the payables window can provide that crucial bridge
of time needed to collect receivables and cover your expenses without having to seek a
line of credit.
The uses
of a business
line of credit really can
extend far beyond these to touch all businesses.
OnDeck also
extended the maturity date
of its asset - backed debt facility that finances its
line of credit offering to May 2019, increased the facility's borrowing capacity to $ 100 million, and decreased the funding costs by 200 basis points.
As usual, I don't place too much emphasis on this sort
of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom
line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion
of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an
extended period
of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk
of an oncoming recession, which would become more
of a factor if we observe a substantial widening
of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
To shore up those markets, the Fed supplied over $ 1 trillion in emergency
credit, issued through various emergency lending facilities, to various sorts
of financial institutions, while
extending a further $ 85 billion
line of credit to AIG.
If a trader is using leverage he puts a cash deposit into the account then uses a
credit line to
extend the value
of the securities he is able to purchase.
Our operating
lines of credit allow business owners to
extend their roadway and achieve the next milestones before signing the term sheet.
In June, Berkshire agreed to buy a 20 percent stake at C$ 9.55 a share, a 20 percent discount to the 20 - day average price at the time, and
extend a C$ 2 billion
line of credit.
Lines of credit that he
extended to players such as Dayne are «about running a business where you trust your customers.
Given the negative impact
of the build - up
of arrears on the economy, Government committed to an arrears clearance programme in
line with the International Monetary Fund's (IMF)
Extended Credit Facility (ECF) arrangement with the Government
of Ghana.
From the appearance
of the
credit «written and directed by Brian De Palma» overlaid on the sleek outer casing
of an Apple MacBook Pro to a shot
of a car driving into and destroying a parking - lot Coca - Cola machine, there's a through
line of anticorporate humor that juxtaposes the ideas
of «art» and «product» — never more so than in an amazing,
extended split - screen scene in which footage
of a ballet performance competes for our attention with a knowingly clichéd, Halloween - style slasher - on - the - loose set piece.
A separate
line of credit, up to $ 935 million, would
extend through next summer to stabilize CPS» cash flow.