Sentences with phrase «in outstanding credit»

For example, if you had $ 10,000 in outstanding credit card debt, $ 300 monthly payments, and an APR of 15 %, you would pay approximately $ 2,804 in interest.

The down side of statement credits is that it can be perceived as a mere reduction in outstanding credit card debt, rather than cash in hand.

Increases in outstanding credit card debt can indicate a strong economy, as confident consumers spend more, or it can indicate the opposite, as troubled consumers find it harder to pay their bills.

For example, if your credit limit is $ 5,000 across all cards, and you have $ 3,500 in outstanding credit card debt, your utilization ratio is 70 percent.

That is why there is an estimated $ 762 billion in outstanding credit card debt in the United States.

For example, if you had $ 10,000 in outstanding credit card debt, $ 300 monthly payments, and an APR of 15 %, you would pay approximately $ 2,804 in interest.

Over the last week, most of America's biggest credit card issuers — Wells Fargo (NYSE: WFC), Citibank (NYSE: C), JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), and American Express (NYSE: AXP)-- released their end - of - the - year financial data, which showed significant growth in outstanding credit card loans across the board.

Poor spending habits have led American consumers to carry $ 721 billion in outstanding credit card balances, according to the Federal Reserve, and the average household has nearly $ 133,000 in total debt (including mortgages).

Collectively, these two issuers held $ 245B in outstanding credit card debt, and the decrease prevented roughly $ 353M in losses for the banks.

Credit card usage over the last thirty years has increased one hundred-fold, and there are now over 880 billion dollars in outstanding credit card debt floating around.

You're sorting through his belongings and getting up to speed on his affairs, and you learn Dad had $ 25,000 in outstanding credit card debt spread over several accounts.

Not exact matches

• Credit card delinquency rates remain low, at only 0.87 per cent of total outstanding balances as of April 2016, while credit card debt only makes up five per cent of total household debt in CCredit card delinquency rates remain low, at only 0.87 per cent of total outstanding balances as of April 2016, while credit card debt only makes up five per cent of total household debt in Ccredit card debt only makes up five per cent of total household debt in Canada.

If your main problem is accessing funds that are owed to you in a timely manner (i.e. — if your clients pay on a 30 - day or 60 - day credit basis) you may be able to get an advance against your outstanding invoices using a financing solution like invoice discounting or factoring.

So if you're currently owed # 10,000 in outstanding invoices you could access up to # 9,000 of that instantly in the form of a loan or line of credit, depending on the terms of the agreement.

According to the Federal Reserve's G. 19 report on consumer credit from 2013, the total U.S. outstanding revolving debt was $ 856.5 billion dollars in 2013.

Between his wife's $ 12,000 in student loans, his own $ 6,000 worth of loans, and some outstanding credit card payments, the couple carried about $ 20,000 worth of debt between them.

Outstanding consumer debt (medical, mortgage, credit card, student, auto, etc.) in the U.S. is well over $ 2 trillion, so this isn't about erasing all debts, no matter how successful the jubilee is.

Weak credit may be offset by strengths in your application, but issues like outstanding tax liens, recent bankruptcies or recent delinquent payments usually will disqualify you.

Asset financing, whether it involves your company's property, inventory or outstanding invoices, can give small businesses the lifeline of access to cash or credit in the short term.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.

There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment acredit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment acredit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment aCredit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment acredit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment acredit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment acredit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment aCredit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment acredit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

CMHC insures nearly 50 per cent of the whopping $ 1.1 trillion in residential mortgage credit currently outstanding in Canada.

The panel is based on credit report data collected by Equifax (one of the three credit bureaus in the United States) and it contains information on all outstanding loans — including mortgages, auto and student loans, and credit card debt — at the individual consumer level.

Whether you do it online or through a broker, generally, you'll mention the loan product (s) you're interested in, and they'll ask for your credit score, outstanding debt, and annual income.

He has served in senior marketing positions and is credited with building great products for outstanding software and infrastructure companies.

Outstanding revolving balances — largely credit card debt — again hit a record high in January, while student and auto loan debt grew by 5.6 %.

Because the restricted shares are accounted for as options, the Notes are not recorded in the accompanying consolidated balance sheets, the shares are excluded in the totals for common stock outstanding as of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to additional paid - in capital.

«The drop in the participation rate has been centered on younger workers,» said Mr. Shapiro, «many of whom have given up hope of finding a decent job and are instead continuing in school and racking up enormous amounts of student debt, which has contributed to the recent surge in consumer credit outstanding.»

Paying off any outstanding credit card bills goes hand in hand with reducing overall debt, and it's something you should aim to do in your 30s, said Khalfani - Cox.

During that time there was a severe drop in average credit card debt, despite total outstanding revolving debt continuing to rise.

Outstanding household debt declined approximately $ 110 billion from the previous quarter, due in large part to a reduction in housing - related debt and credit card balances.

As you can see, since 1994 the growth in nominal retail sales on a year over year basis has been in a downtrend, while the level of consumer credit outstanding as been in a steady uptrend.

The table above, for example, indicates a fall in TSF in 2015, but this did not occur because China's outstanding credit declined.

If your business needs a good travel card, the Ink Business Preferred ℠ Credit Card offers great rewards in common spending categories, and the sign - up bonus is outstanding.

borrow up to the lesser of (i) $ 180.0 million, including up to $ 50.0 million for the issuance of letters of credit and up to $ 25.0 million for swing line loans and (ii) the borrowing base then in effect less the amount then outstanding under letters of credit and loans.

We expect our new credit agreement will provide us with financing sufficient to repay the outstanding borrowings due under our current credit agreement and provide an additional source of financing for use in our operations.

According to the St. Louis Federal Reserve, there's $ 371.15 billion in outstanding home equity lines of credit, as of April 4, 2018.

LexisNexis uses outstanding debt, payment patterns, length of credit history, available credit, late payments, new applications for credit, type of credit used, past - due amounts and public records in calculating its insurance score.

Combined outstanding loan balances of at least $ 25,000 from all of your Regions personal installment loans, lines of credit, equity lines of credit, equity loans, direct loans and credit cards in good standing

The St. Louis Federal Reserve reported that, as of March 2018, there's approximately $ 371.7 billion in outstanding home equity lines of credit (HELOC).

Household debt outstanding, which includes mortgages, credit cards, auto loans and student loans, rose $ 127 billion between July and September to $ 11.28 trillion, the first increase since late last year and the biggest in more than five years, Federal Reserve Bank of New York figures showed Thursday.

According to the Federal Reserve Board's G. 19 Consumer Credit report, the total amount of consumer credit outstanding rose by 5.2 percent (SAAR) over the 1st quarter of 2017, 2.4 percentage points less than the 6.6 percent rate of growth in the 4th quarter ofCredit report, the total amount of consumer credit outstanding rose by 5.2 percent (SAAR) over the 1st quarter of 2017, 2.4 percentage points less than the 6.6 percent rate of growth in the 4th quarter ofcredit outstanding rose by 5.2 percent (SAAR) over the 1st quarter of 2017, 2.4 percentage points less than the 6.6 percent rate of growth in the 4th quarter of 2016.

Revolving credit outstanding gained $ 4.3 billion (1.0 % y / y) in November.

As of March 22, 2013, the company had $ 194 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had $ 89 million of vacation ownership notes receivable eligible for securitization.

An example of high - interest debt is an outstanding balance on a credit card, which can sometimes come with interest rates in excess of 20 %.

The company had $ 726 million in debt outstanding at the end of the first quarter of 2013, an increase of $ 8 million from year - end 2012, including $ 682 million in non-recourse securitized notes, of which $ 110 million has been drawn down under our warehouse credit facility, and $ 40 million of mandatorily redeemable preferred stock of a subsidiary.

The company had $ 774 million in corporate level debt outstanding at quarter - end, a decline of $ 76 million from year - end 2011, including $ 662 million in non-recourse securitized notes receivable and $ 109 million drawn on its $ 300 million warehouse credit facility.