Sentences with phrase «limit on that credit account»

If you have a large limit on your credit account, you can withdraw up to the maximum limit of the account and use the funds towards the down payment of your home.

One factor considered in credit scoring is the percentage of your total credit — the sum of all the credit limits on all your credit accounts — that you've borrowed.

When you are issued a new credit card you have a spending limit on that credit account.

The Bank may, without prior notice, and from time to time: (1) renew, compromise, extend, accelerate or otherwise change the terms relating to the Debt; (2) take and hold security (other than the Collateral Account) for payment of the Debt and enforce, exchange and release the security in any manner that the Bank determines is proper; (3) release or substitute you, any guarantor, or any endorser of the Debt; and (4) increase or lower the Credit Limit on your Credit Account, and no such action shall change the fact that the Collateral Account at all times will be held by the Bank as security for the Debt.

Not exact matches

Purchases of usage subscriptions (including credits, points, and / or virtual currency) or any virtual items made available on the online services are nonrefundable, have no monetary value (i.e., are not a cash account or equivalent), and are purchases of only a limited, non-exclusive, revocable, non-assignable, personal, and non-transferable right to use, even if such came with a durational term (e.g., a monthly subscription).

For example, American Express, MasterCard and Visa business cards all offer annual and quarterly purchase summaries, fraud programs that protect business owners against employee misuse, credit limits as high as $ 100,000, online account management, and discounts on business services such as shipping, car rentals and computer equipment.

To develop your credit score, FICO analyzes your debts against your limits, your history of on - time and late payments, the number of accounts you have, the various types of accounts you have (such as revolving, installment and so on), the length of your overall credit history and the amount of new credit you've been applying or.

Be sure to check each customers» credit limits and adjust accordingly, especially on accounts that have started to become past due.

Credit card numbers, for example, can sell on the black market for as little as $ 1 per card to as much as $ 25, he said, depending on how fresh the information is, the limit on the account and the bank it's associated with.

The Conservatives dangled several pricey promises during the 2011 election campaign that were contingent on them balancing the books, including tax - splitting for couples with children under 18, doubling the annual tax - free savings account limit and doubling the children's tax credit.

If you're paying your bills on time, utilizing not too much of your credit limit, and only opening new credit accounts when you need to, you'll be able to maintain a good score — no matter which bureau is reporting it and no matter which version of the algorithm they use.

Put limits and alerts on your employees» credit card accounts and establish clear rules on how employees can use their cards.

Business credit frequently allow you to issue cards from your account to your employees — usually for free, but sometimes for a fee — and to set up individual limits for each card along with account alerts to help you keep a close eye on your employees» card use.

In addition to being a flexible financing and purchasing tool, there are other benefits associated with business credit cards, which include more sophisticated reporting and expense tracking, the ability to issue multiple cards to employees on the same account, more flexible payment options, and often larger credit limits compared to personal credit cards.

Depending on the age and credit limit of a card, it can hurt your credit score if you close the account.

By making on - time minimum payments to all creditors and maintaining account balances below credit limits, a secured credit card combined with responsible financial behavior can help you establish or rebuild your credit history.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Generally speaking, a higher balance on your credit accounts (relative to the limits) will result in a lower credit score.

The debt management plan will require you to close all credit accounts — in limited situations, you may be allowed to keep one credit card for business or emergency expenses — and depending on which credit counseling organization you work with, you may not be allowed to open new accounts.

Even though these banks credit your account with low (or no) interest — and thus offer limited growth potential — this can generally be an easy and conservative way to set aside cash on a regular basis.

Just as important as your payment history is your overall credit utilization, which the more you charge on your account and it reaches your limit, the lower your credit score will go.

It qualifies as one of the 10 best credit cards, in our opinion, because of the generous starting limit and ease of use with Capital Ones online account — all of our cards (three of them) with the company are displayed on the dashboard.

If you live outside of the USA and are not using an American address and credit card on your Amazon account, the company limits your app downloads.

Without hurting your credit rating, you preserve the ability to obtain the highest initial limit on a new account.

Unlike American Express and Discover that took it on themselves to lower my credit limit and put the account at 80 % utilization.

You may rebuild your credit by making payments to all your creditors on time and keeping account balances low relative to the credit limit.

It measures how much of your credit limits are in use on each of your credit card accounts and expresses that calculation as a percentage.

The banks set credit card limits to cap the amount of money they might lose on any one account.

Minimum Payment 3.00 % or $ 10.00 Your minimum monthly payment for your account will be (i) the greater of $ 10.00 or 3 % of the new balance shown on your monthly Account Statement, and (ii) any amount over your creditaccount will be (i) the greater of $ 10.00 or 3 % of the new balance shown on your monthly Account Statement, and (ii) any amount over your creditAccount Statement, and (ii) any amount over your credit limit.

The second factor is the overall amount of money you owe — including how close you are to the limits on your credit cards — which accounts for 30 % of the score.

If you're applying for a secured credit card, your spending limit directly correlates to the amount you use for a deposit on your account.

Getting on multiple accounts with the highest credit limits will help improve your credit score the most, but even just one account can help by increasing your total credit available and lowering your credit utilization.

Revolving debt utilization ratio — compares the current total balances to the cumulative credit limits on revolving accounts (credit cards, home equity line of credit, etc.).

This ratio compares your outstanding balances to the limits on individual credit accounts.

Adjustments may include, but are not limited to, purchases that you have returned for credit on your account.

An unsecured card can be difficult with a bad credit score, but the secured option is an ideal credit card for bad credit because it typically has lower credit standards and the credit limit is based on the money you deposit into the account.

By definition, it is always smaller than the stated credit card limit on your account: it is the limit minus outstanding balances.

Further more, be sure the account has a good couple years history (the more years the better), has a balance of 30 % of the credit card limit or lower, it is paid on time monthly with no late payments and be sure the credit card company reports to all three major credit bureaus (Experian, Equifax, Trans Union).

You will be in default and we may demand immediate payment of the entire balance due on your Account if: (A) your Account is delinquent; (B) you exceed your Total Credit Limit; (C) you die or become insolvent; (D) you fail to keep any promise you have made in this Agreement; (E) you give us false or misleading information on your application; or (F) we have reason to believe in good faith that we will have difficulty collecting your Account.

If you elect our premium overdraft service, you will not be charged an NSF or overdraft fee unless payment of the item would cause you to exceed your credit limit on your line of credit and / or the amount in your savings account.

Spending limits and alerts on credit cards and bank accounts can help an impractical person stay on a budget.

Depending on your credit card company, a number of other factors may cause you to incur the penalty rates as well, including but not limited to: exceeding your credit limit, or defaulting on another account with the same issuer.

When becoming an authorized user, you'll want to have your name added to a credit account that's old, has a low balance in relation to the credit limit and has consistently been paid off on time.

The factors that are weighed in determining your PLUS Score may include the combined balance owed and credit limit on open revolving accounts, the number of credit application inquiries and the number of accounts where payments are late.

Depending on the type of credit, the limit on each revolving account, the amount of the balance and the score prior to the balances becoming high, a score can drop 10 - 150 points.

If we so allow, and so charge you, there will be an Overlimit Fee in the amount provided per the then - current Rates and Fees Table imposed on your Account if the outstanding balance, minus Interest Charges, exceeds the Total Credit Limit at any time during the previous billing cycle (subject to us allowing such transactions.

When you opened your credit card account, the card issuer established a credit limit, based loosely on your credit score and your card issuer's educated guess of how to make the most money from you.

Your utilization is calculated by the total amount of your credit card balances to the credit limits on those accounts.

Your credit report is made up of all of the information around your current and past credit and loan accounts, with some age limits on older closed accounts.

Though, how long before credit cards are introduced with the limit determined based on what's in your retirement account.