Sentences with phrase «of relying on a credit card»

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Twenty percent of small business owners relied on credit cards and business earnings to finance their credit needs.

The rest of the female entrepreneurs relied on credit cards and personal loans.

In addition, lower - and middle - income groups are relying more and more on their credit cards, with these groups reporting a higher use of credit - card debt.

Credit card reliance broadly increased for respondents of all age groups, except for the youngest firms (0 - 5 years), which relied more heavily on business earnings or loans from friends and family;

When overwhelmed with a mortgage payment, car loans, baby formula, and credit card debt, the idea of not relying on a job can be terrifying.

The first victims of declining real estate values are of course people who rely on home equity lines of credit and refinancing to pay their bills and expensive to service credit card debt.

The 2016 study, whose rankings of issuers relied on input from more than 20,000 credit card customers, takes six factors into account, such as customer interaction and problem resolution.

The Vault café has no cashier or employees, but instead solely relies on the honesty of customers to leave cash and swipe their own credit cards.

After Katrina, researchers found that the worst - flooded residents relied on credit cards in modest amounts — incurring an average temporary increase of 15 percent, or $ 500, in new credit card debt.

Probability calculations are at the heart of the software most of us rely on daily, whether it is Amazon.com or iTunes recommending new products based on previous purchases, a spam filter weeding out junk e-mail or a credit card processing program searching for potentially fraudulent transactions.

Airplane navigation systems, cell phone communications and credit card transactions all rely on the stable transmission of radio waves through the ionosphere, which is disrupted when particles from flares further ionize this part of the Earth's atmosphere.

A lot of spouses I know complain about having a partner whos like another child: They feel like they have to scold them constantly and remind them to clean up their messes, they cant rely on them to pick their kids up from school, they re always worried about another car accident or surprise credit card bill.

Those aged 18 to 25 tend to have large amounts of credit card and student loan debt upon entering the workforce, and are more likely to rely on high - cost methods of borrowing, which can impede upon future homeownership opportunities and retirement savings.

The one big problem is people really don't carry a lot of cash around on them and instead rely on their credit and debit cards.

For this type of coverage, credit card users will want to rely on purchase protection.

You may have credit card debt that is causing you financial problems, but you may also rely on using those credit cards to pay for things online and so worry about the impact of a...

Unfortunately, a large portion of the population still relies on their local advisers to help decide on a credit card.

During the application, they are most likely relying on their current salary, the payment history of their student loans, and (possibly) a recently obtained credit card.

Gas rewards credit cards are really popular right now, as more and more families rely on multiple vehicles to get around and the price of gas gets ever higher.

But consider the alternative: If you don't save an emergency fund then when one inevitably strikes, you will either be sh*t out of luck, or you'll need to rely on expensive credit cards to cover your ass.

It's always a better idea to save money though, you don't want to always rely on a credit card because what happens if a credit card company goes out of business?

Ironically, business credit card issuers often rely on applicants» personal credit profiles as part of their underwriting process for issuing unsecured business cards.

That will allow you to maintain your standard of living without having to rely on loans or high - interest credit cards.

This is a good way to keep more of your income in your pocket to pay for everyday necessities and other bills that you have, allowing you to rely less on expensive credit cards or charge accounts.

Credit card companies rely on the fact that you don't pay attention, thus making it easier to make money off of your lack of knowledge.

FICO is great if you're applying for a bank loan — as it relies heavily on a consumer's use of big bank financial products such as credit cards and mortgages — but not so good for other things, like finding a good rental.

It may take a while to build, but even if you only save 1 % of your paycheck, you can start building a buffer that will help you avoid relying on credit cards when times get tough.

There are plenty of exclusions and nuances to the collision damage waiver credit card networks provide, and we recommend reading through our comprehensive guide on the topic, before choosing to rely on it.

You may have credit card debt that is causing you financial problems, but you may also rely on using those credit cards to pay for things online and so worry about the impact of a bankruptcy on your credit cards.

Other key contributing factors include misconceptions about federal loans only being available to the poor, families relying on credit cards to pay tuition instead of education loans and the ease of applying for private student loans.

Most of us rely on credit for an auto loan, a house, and a credit card.

«What you don't want to do is rely on credit cards to get by or use your retirement account to fund your daily living,» says Steve Repak, a certified financial planner and author of «6 Week Money Challenge.»

The average credit card interest cost differs fundamentally relying on the type of card you're looking at.

One small unexpected event — a medical expense, car trouble, job loss, etc. — could force you to rely even more on your credit cards and dig you deeper into debt than you can get out of on your own.

But do you really want to rely on credit card companies, whose sole purpose is to get you to rack up a lot of debt and pay back minimum amounts so you owe them interest for months and years?

Cunningham says a new NFCC survey of more than 2,000 people found that 22 % can't make ends meet without relying on credit cards, and 24 % more say they would have to make «significant lifestyle changes» if their access to credit was eliminated — both dangerous financial positions to be in.

Elliot, you're right in a way — IF you choose to work in a system that relies on a credit score, closing cards CAN sometimes be bad, and there are plenty of sites out there that would back up your thoughts 100 %.

One of the ways in which we plan to do that is to increase our emergency savings; thereby reducing the need to rely on credit cards if an emergency... [Read more...]

One of the ways in which we plan to do that is to increase our emergency savings; thereby reducing the need to rely on credit cards if an emergency comes up.

Credit bureaus like to see that you can manage a mix of credit accounts without relying on, say, credit cards tooCredit bureaus like to see that you can manage a mix of credit accounts without relying on, say, credit cards toocredit accounts without relying on, say, credit cards toocredit cards too much.

In this economy, it's not uncommon for a person or family to rely on cards to help make it through the month, which can quickly raise their credit utilization percentage and thus bring down their credit score, regardless of whether they pay the card off in full by the end of the billing cycle.

People who relied on the rising equity of their homes to finance their lifestyles replaced expensive cell phones annually by placing the latest model on their credit cards.

As credit cards are what many people rely on in case of emergency, having a nearly maxed out credit card leaves little room for anything unexpected.

Credit scoring partially relies on your «credit utilization ratio,» which is the amount of your credit card debt divided by your total assigned credit Credit scoring partially relies on your «credit utilization ratio,» which is the amount of your credit card debt divided by your total assigned credit credit utilization ratio,» which is the amount of your credit card debt divided by your total assigned credit credit card debt divided by your total assigned credit credit lines.

Until you stop relying on the use of credit cards for convenience, to purchase things you can not afford, or to make ends meet, anything you do to eliminate your credit card debt will be quickly replaced with new debt.

Many people rely on credit cards to take care of emergency expenses but unfortunately, they are not consistent with debt payment.

If you're relying on credit cards to make ends meet because you're running out of money each month, you need to take a close look at how much you're spending and on what.

But as we increasingly go paperless in many aspects of life, many of us rely on debit and credit cards when buying everything from gas to groceries.

The Los Angeles Times estimated that around 30 % of new businesses in 2011 relied on credit cards for financing.

Many of our friends and family members have had to rely on credit cards to survive hard times.