Sentences with phrase «extended credit»

The bureaus will send a fraud alert to creditors, asking them to confirm your identity before extending credit.

Now is a great time to talk to second mortgage lenders that extend credit for refinancing, house repairs and cash out.

Develop a solid system for keeping the business accounting of its own accord and not extending credit from the business for personal reasons.

One of the things lenders look for when extending credit is that the consumer is consistent in their ability to repay a loan.

With the current financial crisis and sluggish economy, lenders and creditors are trying to develop tools that will ensure a minimum risk of extending credit.

When companies extend a credit line to individuals they do it to make money on the interest of the loan.

People with the low credit scores frequently pay the higher interest rates because the credit card issuer is assuming more risk by extending credit to a person who has not demonstrated responsible credit habits.

Your business may become heavily committed to those suppliers who accept extended credit terms.

This helps our clients make informed decisions about extending credit and avoiding bad debt losses.

After a few months of making on - time payments, the company will extend the credit limit without an extra deposit.

An unsecured card is acquired by virtue of your creditworthiness, your credit score and other factors; the card issuer extends credit with no collateral on your part.

Part of this problem is the general willingness to extend credit at low incremental yields.

Usually when you make application for a loan or credit card, or when a party who extended credit makes a report to their credit reporting service on your debt repayment.

When that is done, you will extend your credit history by two years, which is always good for your credit score.

The company is focused on extending credit to individuals who are financially responsible, even if they don't have a high credit score.

For example, auto loan and credit card issuers frequently extend credit without verifying income or employment.

No matter how credit - worthy a customer is, never extend credit beyond your profit margin.

For the business loan, the lender reviews your credit card receipts each month and extends you credit based on a percentage of the receipts.

But as more businesses, municipalities and utility companies extend credit to consumers those businesses can report payment history as well to the credit reporting agencies.

The court rejected the argument that extending credit into a state effectively located the bank there.

The only thing that builds credit is when people extend you credit.

The company was supportive, often extending credit to dealers.

There are alternative lenders who will extend credit under certain conditions and steps you can take to improve your chances of getting approved.

Most traditional business lenders will simply refuse to extend credit until your resolve the lien.

The tax writers likely intend on simply extending the credit before it expires, which could add significantly to the cost of the legislation.

When considering extending credit, most lenders use the middle score.

Even if your local furniture store extends a credit account, that would also be considered revolving credit.

Don't keep extending credit out of fear of losing the client.

Whether you're in a B2B or consumer - oriented industry, your choices can include extending credit, taking checks, and accepting credit or debit cards.

Normally, suppliers extend credit to regular customers for 30, 60 or 90 days, without charging interest.

In other words, a company's approach toward extending credit should be as conservative as its approach toward other business activities.

Slow paying is the first sign of trouble with an account and I have certainly extended credit when I shouldn't have, and that has ended up costing me a lot of money.

I think one of the problems that companies get into is that they start extending credit to people they shouldn't.

But the organization chose this path and I'm probably extending them a credit that they haven't earned.

They may take a combination of your credit report / score and stated earnings into consideration when making a decision regarding extending credit.

Anyone can access their own credit scores, but so can lending institutions, insurance agencies, utility companies and any business that extend credit like gas stations and department stores.

It is very unlikely you would be extended any credit during that time.

The bank may then extend the credit line past what the initial secured line was without requesting additional collateral.

Lenders may be eager to extend credit even before you receive your discharge to take advantage of your financial standing by charging outrageous interest rates.

If you have really bad credit then it can be extremely difficult to get approved for any cards as card issuers don't want to extend you any credit due to the associated risk.

That's the basic idea behind a new alliance designed to extend credit much further than in the past.

Your bank or other credit card company will extend credit secured by a savings account, and your credit limit is based on your deposit balance.

The decision of whether to extend you credit belongs to each particular lender.

At a buy here pay here car lot the dealer extends credit to the customer.

The reason private lenders can extend credit services to such individuals is that their assessment is not credit - score - based.

Until you pay off high balance debts, your ability to be extended credit becomes substantially more difficult.