Sentences with phrase «give access to a line of credit»

Prepaid cards do not give access to a line of credit and therefore your credit history won't be checked to make an approval decision.

A credit card gives you access to a line of credit that can be used to make in - store and online purchases.

Not exact matches

«Securing a home equity line of credit, but not using it initially, is one way to give yourself easy access to money in case of unemployment or big bills,» said Holden Lewis, research analyst at NerdWallet.

All or part of the credit line can be accessed at any given time up to the fixed limit, repaid, and used again.

Using our credit card rewards evaluation model, we've compiled the following list of the best small business credit card offers that will help improve your bottom line by giving you access to the tools and features you really need.

It's our largest line of credit, giving you the ability to access funds on an as - needed basis up to your credit limit.

At the same time, however, they will generally not give you access to a large line of credit.

A credit card gives you access to a revolving line of credit, meaning you can use as much as the card limit, pay the money back and borrow it again.

Laplanche said of the product, «We designed the Personal Credit Line to give consumers the two things they want most: the flexibility to access funds when they need them, and the predictability of a fixed rate and equal monthly payments.»

On the other hand, a line of credit gives you ongoing access to your available credit.

A HELOC is different than a traditional lump sum loan, in that it gives homeowners access to funds (a line of credit, not unlike a credit card) up to a certain credit limit, with one important difference — a HELOC uses the borrower's home as collateral.

Also by paying off the line of credit, it gives you access to that money again, should you need it for an emergency.

For U.S. Bank customers, a Premier Line of Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer feLine of Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer feline of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer credit that gives you access to your available credit line on an ongoing basis with fewer credit line on an ongoing basis with fewer feline on an ongoing basis with fewer fees.1

A reverse mortgage gives borrowers access to that equity as a line of credit, monthly disbursement, lump sum payment, or some combination of the three.

A reverse mortgage gives borrowers access to that equity, either as a line of credit, monthly disbursement, lump sum payment, or some combination of the three.

A Business Line of Credit gives you quick, convenient access to the cash you need.

A home equity line of credit gives you access to a sizable pool of cash, usually up to about 85 % of your home's value, less the balance remaining on your mortgage and adjusted based on your creditwortthiness and ability to pay.

A line of credit, on the other hand, works by giving you access to ongoing funds up to a predetermined limit.

Your lender may permit you to open a line of credit based on the amount of your equity, giving you access to money for a purpose of your choice.

Lines of credit don't offer a similar facility, and you probably wouldn't want to give employees access to the line anyway.

While this type of credit card does not give you instant access to a line of credit, it does help you build up your credit rating in order to qualify for a traditional credit card.

Other common loans include a line of credit, which gives the borrower access to a certain amount of funds at any given time; a merchant cash advance, an advance based on future revenues of a business; and invoice factoring, in which invoices are sold for a lump sum of cash to improve cash flow and reduce debt.

«We designed the Personal Credit Line to give consumers the two things they want most: the flexibility to access funds when they need them, and the predictability of a fixed rate and equal monthly payments.»

Generally, the line of credit gives you ongoing access to cash for a set period (sometimes up to 10 years).

Having access to a reverse mortgage line of credit could give you the peace of mind you need to handle unexpected medical expenses.

While the primary account holder's intention may be to simply give another person access to their line of credit, they typically share part of their credit history as a side effect.

For example, Wells Fargo's Business Platinum Credit Card has a $ 50,000 credit line available and gives business owners access to up to 99 credit cards, while Wells Fargo's Business Elite Card has a credit line available of up to $ 100,000 and provides up to 200 credit cards for employeCredit Card has a $ 50,000 credit line available and gives business owners access to up to 99 credit cards, while Wells Fargo's Business Elite Card has a credit line available of up to $ 100,000 and provides up to 200 credit cards for employecredit line available and gives business owners access to up to 99 credit cards, while Wells Fargo's Business Elite Card has a credit line available of up to $ 100,000 and provides up to 200 credit cards for employecredit cards, while Wells Fargo's Business Elite Card has a credit line available of up to $ 100,000 and provides up to 200 credit cards for employecredit line available of up to $ 100,000 and provides up to 200 credit cards for employecredit cards for employee use.

If the government do want to give businesses access to better lines of credit a much better way would be to by - pass the banks and use the created money to allow them to defer their corporation and payroll tax payments.

Once you've achieved a credit score that gives you access to some of the very best credit cards available on the market, consider selecting a card or two that earns cash back, travel rewards or some other reward in line with your personal lifestyle and spending patterns.

With a reverse mortgage line of credit, the unused amount in your credit line actually grows over time - giving you access to more available funds.

A Home Account Plus secured line of credit gives borrowers the freedom to access the equity in their home for anything they want *.