Sentences with phrase «like loans or credit»

Your credit history is a record of your debts, like loans or credit cards, payments on debts, and requests for credit.

Thirty - eight percent paid down debt like loans or credit card bills while 41 percent put their refund checks into savings.

Life happens sometimes and if you don't have an emergency fund to absorb the costs, then you often resort to things like loans or credit cards.

The financial portion of your cash flow statement includes items like loan or credit line obligations (repayment from borrowing money), issuing or buying back stock, and any cash dividends.

It matters when you need to get new credit, like a loan or credit card.

When a company needs to determine your eligibility for a pre-approved offer like a loan or credit card, a soft inquiry of your credit is used.

Not exact matches

Home Capital Group has seen some of its riskier lending business drain away to the private, unregulated mortgage lenders — firms like Alpine Credit or the many so - called «mom - and - pop» shops which proliferated as small investors teamed up with brokers to provide short - term, non-amortized loans.

Many small - business owners feel frustrated when they try to apply for a line of credit or a small - business loan — they feel like banks are only set up to loan money to big companies.

Remember, they are much like a business loan or line of credit.

The trade - off is that you may be sacrificing tax breaks like the student loan interest deduction or the American Opportunity Credit, in the process.

If you have no invoices, low business revenue or low business credit, online lenders like OnDeck and Kabbage may be good alternatives to crowdsourcing and traditional bank loans.

This will have an impact on anyone with a credit product — like a credit card or loan — with a variable interest rate.

For example, with the exception of a line of credit, many traditional lenders, like banks and credit unions, prefer to make longer - term loans of four, five, or 10 years.

Legally, there are no strict financial criteria or credit score «floors» for VA loans like for conventional loans and FHA mortgages.

If your business has sufficient cash flow to support a loan payment, you haven't declared bankruptcy in the last 12 - 24 months, and you're current with your personal credit obligations like rent or a mortgage for the last year, you may be able to qualify for a loan with a non-profit lender even if you have a less - than - perfect credit profile.

Click HERE if you'd like to learn more about a short - or long - term loan or a line of credit from OnDeck.

Business owners can now apply online for a loan at lenders like Kabbage and LendingClub, and many online lenders have more lenient eligibility criteria than banks or credit unions.

Another thing we like about NFCU is that the credit union allows you to cosign or secure your loan, which can help you qualify for a lower rate.

Just like when applying for an individual loan, a lender will want to look at the restaurant owner's credit score - as well as the business» credit report - to determine the likelihood that he or she can pay the loan back.

One thing we like about Wells Fargo is that you can borrow up to $ 100,000 for up to five years without the term or strict APR cutoffs that NFCU imposes, and you can borrow this money as either a personal loan or line of credit.

Banks» prime rates are also tied to variable rates on products like credit cards, adjustable - rate mortgages, or variable - rate student loans.

Some credit unions, like Navy Federal, offer shares or savings secured personal loans and lines of credit that come with very low APRs.

EdvestinU is not like other lenders — whereas most other lenders are typically for - profit banks or credit unions, EdvestinU is a non-profit lending program offered by the New Hampshire Higher Education Loan Corporation.

Like traditional lenders, LendingClub requires a minimum of two years in business to qualify for its loans or lines of credit, but businesses only need $ 75,000 in annual revenue to be eligible.

The new rule will not change any aspect of applying for things like a loan or a business credit card, excepting the additional paperwork that may be necessary.

It is easy to qualify for factoring and NOT like traditional financing or bank loan or lines of credit where approval is based on your personal and direct business credits and assets.

A skilled mortgage broker can accommodate a range of client needs by cross-selling products like factoring or ABL, unsecured lines of credit, purchase - order financing, mezzanine loans, merchant - cash advances, or short - term working - capital loans.

For example, credit agencies are looking for consumers that have a good mix of installment loans, such as a mortgage, car loan, or student loan, and revolving credit, like a department store credit card or bank credit card.

Getting a home equity loan or line is much like getting a first mortgage; you need to be approved based on the amount of equity in your home and your credit - worthiness.

Just like when you apply for a personal loan, a corporation has a credit rating that can help the «lender» — you — decide whether or not to issue the loan.

That's why we offer secured and unsecured loan options that fit the needs of modern insurance agencies like yours, no matter the size of your business, and even if your agency has a poor business credit rating or even no credit history at all (9002 credit).

Our institutions, unlike consumer loans or credit cards, give entrepreneurs access to financing when and where they need it — like hiring new employees on short notice, purchasing inventory, upgrading or expanding facilities and equipment and other time sensitive actions.

For business loans not secured by collateral, like a merchant cash advance or peer to peer loan, lenders generally accept a higher risk in extending credit.

Examples that feature in international debate include things like maximum loan - to - valuation ratios that might be targeted at cycles in property lending, or the counter-cyclical capital buffer incorporated in the Basel III standards, aimed at general credit cycles.

Like with a bad credit loan, a bankruptcy auto loan may subject you to paying higher interest rates, require a co-signer or make it necessary for you to put up collateral as security for the loan.

Personal loans are generally unsecured, meaning they use your credit as a gauge rather than an asset like your house or car.

The interest rate on CD loans is much lower than those charged by credit cards, unsecured loans or riskier loans — like payday or title loans.

«It's terrifying to think that each month, one million families turn to high - cost, short - term credit, like payday loans each month and 400,000 are using them for essentials, such as putting food on the table or preventing the gas and electricity from being cut off,» Reed added.

A spokesperson for Cox said he was talking about debt incurred by state and local governments, not personal debt like credit cards or auto loans.

Take a look at positive things you did like paying off a credit card, a student loan, or starting a savings fund for college or retirement.

70 % of Americans think there is a nasty stigma surrounding credit - card debt, versus other kinds of «good» debt like a home mortgage or student loans.

New Markets Tax Credits are given to private investors who then invest in or make loans to community development efforts in low - income neighborhoods, like charter schools.

If you have good credit, bad credit or no credit and you'd like to speed up the process of getting approved for an auto loan, fill out this online finance application.

Our finance team specializes in auto loans that can help rebuild and repair your credit, so don't hesitate to contact us if you have any questions or would like to upgrade your lifestyle with a new or pre-owned Ford.

Besides saving time with these and other features like the trade appraisal tool, our finance staff is highly trained and well networked with local and regional lending institutions that will save you money by competing for your loan — which means great low rates and terms for practically any budget or credit rating.

In general, lenders like to see housing expenses (principal, interest, property taxes, mortgage insurance, HOA fees, etc.) kept to 28 percent or less of your gross (before tax) income, and they prefer that all of your bills — home loans plus car payments, credit cards, etc., total no more than 38 percent of your gross income.

Student debt also forces many to postpone life events that build credit like buying houses, applying for car loans or getting married, a 2013 survey by The American Institute of CPAs shows.

This is also not to mention that your credit score will be used to base your loan rates for things like mortgages or car loans.

Many people who get into financial jams may need to stop or delay payment on bills like credit cards, but pay their auto loan.

Some credit unions, like Navy Federal, offer shares or savings secured personal loans and lines of credit that come with very low APRs.