Sentences with phrase «incurred on the new credit card»

When a business credit card account is opened, a personal guarantee is when an officer of the corporation designates himself and is bound by contract to be liable for all debts incurred on the new credit card.

Not exact matches

After Katrina, researchers found that the worst - flooded residents relied on credit cards in modest amounts — incurring an average temporary increase of 15 percent, or $ 500, in new credit card debt.
If you run a business or have a side hustle, you can get away with opening a new business credit card account without incurring the 5/24 rule IF the card won't be listed on your personal credit report.
Many credit cards offer an introductory phase of 0 % APR, which effectively means that you will not incur any finance charges or interest on new purchases during your introduction phase.
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