Sentences with phrase «known as credit»

Revolving debt describes credit cards or lines of credit where you can borrow as much as you'd like, up to a certain point (known as you credit limit.)

By submitting a quote request, you acknowledge that the Site's service requires you to agree that our partner companies may obtain a consumer report or credit score from a consumer reporting agency (also known as a credit bureau) and that these partner companies do not have the right to obtain a consumer report or credit score without your written instruction - which you are granting by clicking the submit button on the Site.

Also known as credit line, this is the maximum amount you can carry as the balance on your credit card.

The other factors include payment history (35 percent), amounts owed — also known as credit utilization, amounting for 30 percent of your score — length of credit history (15 percent) and new accounts or new credit (10 percent).

Out of the five categories that are factored in to make up your credit score, types of credit — also known as credit mix — carries the least importance, amounting to 10 percent of your score.

Also, canceling credit cards can hurt what's known as your credit utilization — how much credit you have compared to how much you owe.

Credit scoring companies are also known as credit reporting agencies or credit bureaus.

She and her husband open a new card, earn the sign - up bonus through their everyday spending, redeem the points and then close the card before the annual fee kicks in, a strategy known as credit card churning.

This is otherwise known as your credit utilization.

The credit limit, also known as credit line is simply the maximum amount of credit available to you for purchasing goods and services.

GRT Financial, Inc. provides consumers with a method of debt resolution known as credit advocacy.

How much debt you have available compared to how much you use, known as credit utilization.

That's because credit bureaus and lenders are interested in what is known as a balance - to - limit ratio, also known as your credit utilization ratio, which compares the amount of credit being used to the amount of total credit available to the borrower.

Known as your credit score, these numbers can determine whether or not you can own your -LSB-...]

This week, the second phase of the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (also known as the Credit CARD Act), which put into place a number of consumer protections, went into effect.

You can combine all your credit card into a single loan known as a credit card consolidation loan.

Creditors regularly provide a staggering amount of information about you and your financial history to credit reporting agencies, also known as credit bureaus.

One of the more confusing aspects of how credit scores break down, revolves around what is known as your credit utilization ratio.

Generally any credit report is going to also generate something known as the credit score.

These algorithms are used by Experian, Equifax and Trans Union the three largest credit bureaus also known as credit agencies.

This is a process known as credit repair.

Your credit profile — also known as your credit history — can impact whether you're approved for new credit cards or loans, and at what terms.

Credit agencies, also known as credit ratings agencies, help potential lenders and creditors determine whether to lend or extend credit to an individual or business, by predicting the likelihood that the borrower will repay the debt in a timely manner.

1) Capacity to repay (your income) 2) Current economic conditions (your profession's current economic status as well as your city and country's economic situation) 3) Capital put down (the down payment you provide, which is the amount of equity you're offering to secure the asset) 4) Collateral (what the home is worth) 5) Character (your history of paying off debts, otherwise known as your credit history)

There are three different major credit reporting agencies, Experian, TransUnion, and Equifax that maintain a record of your credit history known as your credit file.

Every action you make with your credit card is recorded by three major credit reporting bureaus in what is known as your credit report.

A valuable personal finance tool known as credit card consolidation provides this segment of the population with financial breathing room and prevents them from sinking further into debt.

Learn how to improve or repair your credit rating by taking out a specialised credit card designed for people with bad credit, also known as credit building credit cards.

You're ready to get one of those plastic swipe cards commonly known as a credit card.

Believe it or not, the second biggest influence on your credit score is something known as your credit utilization ratio.

Aside from client referrals, here are three ways to be known as a credit repair specialist in your community:

These will help give your credit an extra boost over time as they are known as credit builder loans or agreements.

Credit reports contain information on various types of loans extended to consumers like lines of credit, also known as credit cards and mortgages.

This ratio is known as your credit utilization rate.

Debt settlement, which is also known as credit settlement or debt negotiation, is a legal process in which a debtor — often, but not always, with the help of a credit counselor — can reach a legal agreement with a creditor to settle their debt...

Lenders often assess this information and the information on your credit report using a process known as credit scoring.

That's because credit scoring formulas assess how much of your credit line you use each month, known as credit utilization.

The second most important category is the amount of money you owe, also known as your credit utilization.

This past relationship is known as your credit history.

Debt settlement, which is also known as credit settlement or debt negotiation, is a legal process in which a debtor — often, but not always, with the help of a credit counselor — can reach a legal agreement with a creditor to settle their debt for a lesser amount.

Credit reports are prepared by the Credit Reporting Agencies, also known as credit bureaus.

Having an outstanding credit card balance could mean you pay more for car insurance — at least if your insurance company is among those that use what is known as a credit - based insurance score.

Credit bureaus (also known as credit reporting agencies) provide information received from credit reporting companies, like credit card companies and banks, that can be made available to a third party, like lenders and employers.

Your credit history, usually condensed down to a three - digit number known as your credit score, is used by a wide variety of financial service providers, especially those that lend money.

Because too much revolving debt — also known as credit card debt — increases your utilization rate, or the percentage of available credit you use.

Your credit report is compiled, maintained and distributed by three consumer credit reporting agencies (often known as Credit Bureaus), Equifax, Experian and TransUnion.

A grace period of 15 to 20 days is given to make the payment.This period of 35 to 40 days is known as the Credit Free Period.

Credit bureaus, also known as credit reporting agencies (CRAs), collect this information from merchants, lenders, landlords, etc., and then sell the report to businesses so they can evaluate your application for credit.

Instead, Self Lender provides you with what's known as a credit builder loan.

The other factors include payment history (35 percent), amounts owed — also known as credit utilization, amounting for 30 percent of your score — length of credit history (15 percent) and new accounts or new credit (10 percent).