Sentences with phrase «of credit card balance»

You may redeem your cash back as a credit on your statement, which means you may use your cash - back rewards to pay off part of your credit card balance.

If you're struggling with a particularly high - interest credit card and have a good credit, you may want to consider taking advantage of a credit card balance transfer.

Instead, you simply don't pay off part of the credit card balance you incurred booking your travel.

(See also: The Hidden Dangers of Credit Card Balance Transfers)

Balance Transfer Fee: Either $ 5 or 5 % of the amount of each credit card balance transfer, whichever is greater.

(See also: The Hidden Dangers of Credit Card Balance Transfers)

Covers all or part of your credit card balance in the event of disability, critical illness or death.

That $ 30 pair of pants you bought at the retailer could easily cost over $ 150 if you threw it on top of a credit card balance and made the minimum payments until it was paid off.

Q With credit card debt, for example, what's the optimal ratio of credit card balance to available credit limit?

A transfer of a credit card balance to a card offering a lower interest rate can be helpful, but BE CAREFUL.

We'll cover up to $ 25,000 of your credit card balance in case of a cancer, heart attack or stroke diagnosis, so you can focus on getting better.

You need to know how much of your credit card balance you used up last month to buy for gifts or even for eating out with friends.

Credit bureaus look at what's called your credit utilization ratio — the ratio of your credit card balance to credit limit — to determine how responsible you are with money.

Unfortunately, the same is true of your credit card balance.

All of whom are carrying some kind of credit card balance.

Sometimes this is a fixed low rate, but more often, especially in the case of credit card balance transfers, you will receive a low rate for a limited period of time.

These days, you don't get a lot of credit card balance transfer offers that don't come with a balance transfer fee.

But if the balance is negative, which is very unusual, it Continue ReadingEffects of Credit Card Balance on your Credit Score →

That is the ratio of your credit card balance to your available credit.

The concept of a credit card balance transfer seems simple enough, but there are a number of steps involved that are critical to successfully moving money owed from a high interest credit card to one that offers a lower annual percentage rate.

The fact that your credit utilization ratio is low coupled with the timely payments of your credit card balance, your credit score will experience a boost.

Of course, as with any financial planning strategy, do your homework and know all the pros and cons of credit card balance transfers before you make any decisions.

The fact that your credit utilization ratio is low coupled with the timely payments of your credit card balance, your credit score will experience a boost.

The personal loan is equal to the amount of your credit card balance and other forms of debt, such as a car loan.

Pay the minimum on all of your credit card balances except the card with the highest interest rate.

In that report it stated, «Flows of credit card balances into both early and serious delinquencies climbed for the third straight quarter — a trend not seen since 2009.»

Your credit utilization is the ratio of the amount of your credit card balances compared to the credit limits you have available.

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

Most people with a moderately negative net worth (from $ 0 to - $ 12,400) hold 55 % of their debts in form of credit card balances and car loans while the lower net worth individuals (anywhere from - $ 12,500 to - $ 520,000) are largely dragged down by student loans.

Experian has used its consumer data to show that those with the best credit scores use just 8 % of their credit card balances.

A consumer credit counseling program will lower your interest rates and pay off all of your credit card balances within five years.

One way to solve the problem, says Amrany, is to «pay off most — but not all — of your credit card balances right before your statement date.»

This allows you to transfer all of your credit card balances over to one card, usually with a small fee.

Take inventory of your credit card balances and interest rates.

To avoid this problem, many consumers develop the habit of paying small portions of their credit card balances multiple times per month in an attempt to prevent a high balance from building up.

If you are in debt, putting some or all of your tax refund could help pay off one of your credit card balances.

You take a loan out for the sum of your credit card balances.

Offers with these types of teaser rates are not good for students that do not have the restricted capabilities of paying even the smallest of credit card balances.

Pay off most or all of your credit card balances to save on interest and avoid being burdened during your retirement years.

If you have good credit, you may qualify for a debt consolidation loan for enough to roll all of your credit card balances into one loan with one payment.

You'll get dinged for making the credit inquiry, hit for trying to open too many cards in a short period of time, and pinged if your credit utilization rate goes up (that's the proportion of your credit card balances to your credit card limits).

Credit utilization ratio is simply the ratio of your credit card balances to your credit limits.

Is it high enough to cover the whole amount of your credit cards balance?

Algorithms and report refreshes could have as much impact on your credit score as on - time payment of credit card balances or long, overdue mortgage payments.

Please enter in all of your credit card balances.

Your credit utilization ratio is calculated by adding up all of your credit card balances and dividing that number by the sum of each card's limit.

By using a home equity line of credit to pay off credit card debts — you are then left with a low - interest home equity line of credit to pay back, plus your credit score goes up once all of your credit card balances are paid off in full.

Your credit utilization is the ratio of the amount of your credit card balances compared to the credit limits you have available.

More specifically, credit scoring models will calculate your revolving utilization ratio or, in other words, how much of your available credit you utilize in the form of credit card balances.

Not exact matches

Say your spouse has a credit card with little or no balance and a great payment history; if he or she agrees to add you as an authorized user, from a credit score point of view you automatically benefit from her card's available credit as well as her payment history.