Sentences with phrase «keep the account open so»

This means that you want to keep your accounts open so that you can demonstrate to lenders that you're capable of using credit responsibly for an extended period of time.

Not exact matches

Membership Rewards automatically creates one pool for all of the points under a separate account number, so even if you close one of your cards you'll still keep all your points as long as another card remains open.

The age of credit card accounts is also factored into your credit score, so it's best to keep accounts open for a long time (as long as you aren't paying annual fees).

so they open an account and basically keep tweeting promotional messages about their book.

The age of your credit accounts comprises about 15 % of your credit score — so it's best to keep credit accounts open, especially the ones you've had the longest.

So if you are keeping credit accounts open just so you don't have to close them, try charging one minor, monthly, recurring payment on your cards (and paying them off each month in full) to ensure they remain activSo if you are keeping credit accounts open just so you don't have to close them, try charging one minor, monthly, recurring payment on your cards (and paying them off each month in full) to ensure they remain activso you don't have to close them, try charging one minor, monthly, recurring payment on your cards (and paying them off each month in full) to ensure they remain active.

Thankfully, you can keep RESPs open for 36 years — so you'll have plenty of time to convince your kid to go to college before you have to close the account.

So if in the bank where you keep the money they only pay a decent rate if you deposit some big lump of money - just open an account elsewhere.

So to prevent those pesky bank fees, keep more than $ 50 in your savings account so you have a little more than needed to keep it open and don't use your debit card when you have a low balance in your checking accounSo to prevent those pesky bank fees, keep more than $ 50 in your savings account so you have a little more than needed to keep it open and don't use your debit card when you have a low balance in your checking accounso you have a little more than needed to keep it open and don't use your debit card when you have a low balance in your checking account.

The length of time you've had credit: Longer is better, so keep old accounts open unless there is a compelling reason to close them, such as an annual fee on a card you no longer use.

You can open a US trading account and just keep all your money in US$ all the time so you don't have to worry about fees when you sell.

You can actually know that you have too many credit cards if it reaches a point where you have opened so many accounts with multiple companies that you are unable to keep track of all accounts that you have.

If you know you can keep the accounts open without adding more debt, do so since 10 % of your FICO credit score is based on the average length of your credit history.

Closing credit card accounts with long relationships can have a negative effect on your credit rating, so even if you aren't using the account and you have consolidated the debt on the account, you may want to keep it open.

The longer that you can keep open a credit card in good standing, the better (so that you can increase your account age).

To reach an 800 credit score, you'll need to establish and maintain a long history, so keep those old accounts open — even if you don't use them anymore and have no balance — instead of having them removed from your credit report.

Membership Rewards automatically creates one pool for all of the points under a separate account number, so even if you close one of your cards you'll still keep all your points as long as another card remains open.

These points do not expire at any point so long as the account is kept open.

Customers who want to keep more than $ 250,000 in accounts with American Express National Bank should consider opening a second or third account with a relative or spouse as a joint account so that each account will be insured to the maximum of $ 250,000.

Note that a closed account in good standing remains in your credit history for 10 years, so you'll benefit from your track record; however, keeping no - fee credit cards open (and using them now and then) is smart to help your utilization ratio stay low.

Yes, you will definitely want to keep your old credit card account open so your credit score won't take a hit — especially if you are planning on applying for any new lines of credit in the near future.

So, even if you had high utilization at the time you closed the card, your score should have improved over this time period and will keep doing so, as long as all payments are being made on time, other balances are being kept low, and very few new accounts are being openeSo, even if you had high utilization at the time you closed the card, your score should have improved over this time period and will keep doing so, as long as all payments are being made on time, other balances are being kept low, and very few new accounts are being openeso, as long as all payments are being made on time, other balances are being kept low, and very few new accounts are being opened.

This card also comes with no annual fee, so you can enjoy all the benefits offered without having to pay to keep the account open.

So, by all means, pay open accounts on time (to keep them off your credit reports), but the only things you want to see on your reports are revolving and installment accounts.

You can not deposit cash, however they accept money orders deposits at local branches, so keep your big bank account open if you plan on doing many cash deposits then just transfer to schwab.

QUESTION: Should I pay off the 10,000 debt (but keep the accounts open) so that my credit score is better, or keep all 25,000 in my accounts for a down payment?

However, your credit score is based, in part, on your length of credit history so you do want to keep your longest - standing account open.

I remarked that I went back to school around 24 months ago and that my new area doesn't have a Chase branch, so I made new relationships with other banks while keeping my Chase accounts open for the future.

However, as long as you keep your Southwest Rapid Rewards ® Plus Credit Card account open, your points will not expire — so you don't have to worry if you're unable to use them because of life's circumstances.

Membership Rewards automatically creates one pool for all of the points under a separate account number, so even if you close one of your cards you'll still keep all your points as long as another card remains open.

It's very common for banks to require you to wait 12 months before you can downgrade or product change a credit card so always keep track of your account opening dates!

This is big because if you are just starting out you want to be able to keep your account open as long as possible so that you can build up your credit history.

So keep those old, healthy credit accounts open.

If you are worried about Chase's 5/24 Rule and are trying to keep under that number so you can get their Ink or Southwest... cards, the good news is the business version of this card will not count against the 5/24 because most business cards don't show up on your personal credit report (which is what Chase looks at to determine the number of accounts you've opened in the last 2 years).

While it is good to keep accounts open for a long time, the age of your accounts is only 15 % of your credit score, so as long as you have a couple old accounts helping to keep the average long, that should suffice though there is really no set formula that will guarantee a high credit score.

Major Nelson has indicated it could open up again, so keep an eye on his twitter account if you're interested.

The team are expected to have more of this series on the way so keep your eyes open on their Behance account.

However, keep in mind that attempting to open a new credit card account in order to receive more overall credit and therefore reduce your utilization rate will likely hurt your score rather than help it, so avoid doing so.

But, he bought life insurance and didn't want it to lapse so he opened a checking account you didn't know about and kept plenty of money in there to pay the monthly eft premium payments on the policy?

So, if you have been a pharmaceutical sales professional in the past, but you would like to keep your options open for a non-healthcare account manager position, keep the resume content focused on the skill set.

But even if you're good about routine maintenance, you can still expect the unexpected, so you'll need to keep extra cash around (or open a «rainy day repair» account).