Sentences with phrase «high credit»

You can also experiment with the tool to see how you might save more on your mortgage interest rate with higher credit scores.

Keeping available credit within manageable limits will do more to improve your credit ratings than to have several credit cards with high credit limits available.

It's a Fact: People with high credit scores get lower interest rates.

By implementing these strategies, you can reap benefits including lower interest rates on loans and the ability to secure higher credit card limits.

His budgets have been on time, and though his tax policies have favored the wealthy, he managed to get higher credit ratings for the state for the first time in decades.

Consumers pay balances quickly, often transferring balances to cards with higher credit lines and lower interest rates.

However, the adverse effect of high credit utilization can be easily corrected.

With the new home purchased and the new mortgage in place, many figured, there was little need for high credit scores anyway.

Your revolving utilization is an important consideration in your credit scores for one very simple and important reason: it is statistically predictive of higher credit risk.

Most of us use different credit and financial products and to have an access to the best ones it's necessary to be an owner of high credit score.

Hence, choose a liquid fund which invests in highest credit quality rated instruments, i.e. AAA rated.

However, lenders set their own credit score requirements, and some may require higher credit scores for approval.

Regardless, guarantees provide an extra layer of security, which is why guaranteed securities often get higher credit ratings.

If the insurance company can handle the lack of incremental income, investing in higher credit quality instruments in tight spread low implied volatility environments can mitigate the risks.

For a first credit card, don't expect very high credit limits.

This meant borrowers needed higher credit scores, lower debt ratios, full documentation, and larger down payments.

If you just recently started your path towards achieving high credit score, this card is your choice.

This is particularly effective if you have large credit card balances and, thus, high utilization rates, as high credit card utilization can significantly drag down your score.

Such changes in lending practices can be seen in the form of higher credit requirements to open accounts and lower credit limits being offered.

This is important because higher credit scores indicate those people are more likely to have strong financial health.

Companies want to limit their risk this way, but they also want to make sure that they give higher credit limits to people with higher incomes.

You can only earn high credit limits if you have a great credit score.

High rewards are attractive to consumers who are frequent shoppers but do not carry high credit card balances.

Business cards tend to offer higher credit limits and more flexible payment terms to help with cash flow.

But depending on how high your credit score and income level is, you might find you can save money over your loan term by refinancing.

Many people believe that running up credit card balances, then making on time payments or paying it in full each month will build higher credit scores.

The result is that they demand higher credit standards (typically higher operating cash flow) of their borrowers.

You never know, they may start you off with an even higher credit line than I did.

Then we want to give you a much higher credit limit because now you have a much better risk profile.

We will take them all, subject to you keeping high credit quality standards.

Here's how the credit elite use various financial instruments, and how their money habits play into such high credit scores.

This could be anything from high credit card balances to money owed to vendors for your business.

Requirements include higher credit scores, bigger down payments and proof of a detailed project plan.

Some of them are experiencing stress, and that is coming through higher credit spreads on their debt.

On the other hand, while high credit utilization may bring down your credit score, not using your credit card at all isn't recommended either.

Those that remain want to see higher credit scores from applicants.

Business credit cards usually provide higher credit limits to business owners.

If so, you might consider higher credit limits to be a solution.

This will allow you the possibility of obtaining higher credit lines, such as those for a mortgage or vehicle.

If you need a slightly higher credit limit than what the previous cards offer, this may be the right option for you.

Most home buyers who buy a vacation home will have to pay a second mortgage and meet higher credit standards since they are more likely to take on larger amounts of debt.

I thought banks liked high credit scores and when applicants are current on their loan payments, right?

You understand that if you don't have a good credit score, card issuers will be unwilling to grant high credit limit.

Most loans also carried fairly high credit score minimums.

I now primarily seek to add companies with extremely high credit ratings and earnings stability.

Other banks are eyeing higher charges for annual fees, buying in foreign currencies, taking cash advances and requesting higher credit limits.

If you compare lines of credit with credit cards, you will realise that you enjoy higher credit limit on a line of credit than what other loans or credit cards offer.

These scenarios can hurt your credit score if they cause late payments or high credit usage.

The main benefit, however, is that lenders won't demand high credit scores from their candidates.

Nobody wants to pay high credit card interest — more so if they don't have to in the first place.