Sentences with phrase «most lines of credit»

However, the variable rates on most lines of credit means that your interest rate may change with the market — this makes long - term borrowing more risky.

However, your low rating would prevent you from qualifying from most lines of credit, so you might not have any way to build up your score.

Two: most lines of credit require a personal guarantee.

Interest accrues on a daily basis, like most lines of credit.

With most lines of credit, you are only required to make interest payments, so, conceivably, it can be easier on your overall business cash flow.

Slow Repayment Terms The repayment terms on most lines of credit are very lax.