Sentences with phrase «of your line of credit rather»

That is fine, because you can get a guaranteed return by paying down a part of your line of credit rather than roll the dice on the stock market.

Not exact matches

Another rather common form of small business financing is a line of credit.

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

Mr. Mulvaney, the congressman from South Carolina, said G.E. should have been able to get a line of credit from private - sector banks rather than the French government.

Borrowing against your home equity with a home equity line of credit (HELOC) rather than a regular equity loan will also give you a great deal of flexibility, which makes them ideal for a variety of financial uses.

A question I raised before is what to make of the contention that increased benefits and tax credits in the past decade have successfully raised many people from just beneath the poverty line (60 % of median income) to just above it; However, these gains are said to disguise real and more entrenched increases in poverty - if the poverty line were 40 % of median income rather than 60 %, three quarters of a million more people would now be in poverty than in 1997 -LRB-?)

From 2011 - with the exception of state pensions and pension credits - benefits, tax credits and public service pensions will rise in line with the consumer price index (CPI) rather than the generally higher retail price index (RPI).

All benefits, tax credits and public service pensions, except the state pension and pension credit, will be increased in line with consumer prices inflation, rather than retail prices inflation, from next year, saving around # 6 billion a year by the end of the next Parliament.

Ask if you can lock in some or all of your line of credit to a fixed rate at current mortgage rates rather than wait for a potential mortgage rate increase in 2014.

HELOCs generally have a variable interest rate, rather than a fixed interest rate, and the initial interest rate on the line of credit is oftentimes lower than the fixed rate charged on a home equity loan.

Rather than having a piece of plastic you insert or swipe to use your credit, you'll usually transfer funds to a bank account, get an advance at a branch or use line - of - credit checks to access your line of credit.

A personal line of credit is the best fit when you may need access to funds on a recurring, as - needed basis rather than as a lump sum.

A tax refund line of credit means that you will have cash there when you need it, rather than depositing a lump sum into your account.

If you opt to borrow against your home, favor a home equity line of credit, which you can draw on as needed, rather than a home equity loan.

When you do a balance transfer your main aim should be not to get a new line of credit but rather to close off what you owe before things get out of hand.

Unlike a Cash - Out Refinance, a Home Equity Loan or Home Equity Line of Credit (HELOC) is a second mortgage rather than a new first mortgage.

Others prefer not to use funds but rather to simply open a line of credit for emergency use.

Another way a life insurance loan is superior to a home equity line of credit is that the loan can occur in a few short days rather than having to wait weeks or months.

This helps prevent scam artists from using your social security number to open credit cards or secure other lines of credit, protecting you from identity theft and ensuring that your private information remains yours, rather than being used by someone else.

Because you're applying for credit for your business rather than a personal loan or line of credit, the information you'll need to apply will be different.

Generally, if you itemize deductions rather than take the standard deduction, the interest is deductible on a home equity line of credit or fixed rate home equity loan of up to $ 100,000, or $ 50,000 for married couples filing separately.

This is because Kabbage assesses a monthly fee rate on its line of credit (rather than a traditional interest rate) that is higher in the first few months.

They've learned to flag this as a search for a single loan rather than a search for multiple lines of credit.

With both options, rather than incurring $ 35 overdraft fees, you simply pay a $ 12 Sweep Fee each day a transfer is made to your checking from your savings account or your Overdraft Line of Credit.1

A HELOC is a home equity loan with a twist: rather than giving you a single lump sum of cash at closing, you're set up with a line of credit you can draw on as needed.

A home equity line of credit (HELOC) is different from a home equity loan in that you withdraw money from your account as you need it, rather than taking out a loan in a lump sum.

Therefore, if your business is a startup or you have a poor credit score, you might have better access to credit via a line of credit rather than a business card.

It is better to use the cards that were not included in the debt settlement program, rather than opening up new lines of credit.

Open a line of credit rather than taking out another loan, then repay the line of credit as you use it

In this case, it may be a better decision to have your child take out student loans rather than further encumber your house with a high home equity line of credit balance.

Many HELOCs are an open line of available credit, but a second mortgage is usually an outright loan of a fixed amount rather than just an available home line of credit.

It can be used to coordinate with the investment portfolio, that if markets are down, rather than selling your assets at a loss and triggering that sequence of returns risk, you could instead spend money from the reverse mortgage line of credit.

Line of credit: Rather than receiving money right away, your reverse mortgage lender sets up a line of credit you can draw on as you wLine of credit: Rather than receiving money right away, your reverse mortgage lender sets up a line of credit you can draw on as you wline of credit you can draw on as you wish.

My Loan Quote and participating home equity lenders offer non-prime lines of credit using the available equity in their home as collateral rather than qualifying based on a fico score.

If you are a commissioned salesperson who gets a quarterly bonus, you could use your quarterly bonus to repay your home equity line of credit, rather than waiting until the end of the term of a standard home equity loan to pay it off.

For instance, if you opt into overdraft protection that draws from a line of credit or credit card rather than a savings account, any overdraft transfers can cause your checking account to show up on your credit report.

If you don't stop overspending on your other lines of credit you will just end up with two big balances to pay off rather than one.

It seems likely that the latest increases reflect borrowing by consumers with pre-existing lines of credit that they are now tapping, rather than newly approved loans.

Lines of credit act more like credit cards than installment loans — you can borrow and pay back money and then borrow it again and you're required to pay a minimum payment each month representing a percentage of your balance rather than a set payment each month like an installment loan.

Personally I don't like to have one since I'd rather rely on line of credits but that said, we usually have around $ 3000 in our accounts — I normally think of this as a «cash buffer» rather than an emergency fund but it kind of works out to the same thing.

As someone who would rather read the fine print of his credit card perks than line up for Black Friday sales, I decided to flex my plastic.

A secured card is similar to a prepaid credit card — you give the credit card company a deposit up front and they issue you a line of credit for that amount, the key difference being that a secured card is still a line of credit rather than requiring you to reload it.

The granting of financial assistance in the form of a credit line does not imply assumption of debts by the ESM, but rather «amounts to the creation of a new debt, owed to the ESM by that recipient Member State, which remains responsible for its commitments to its creditors in respect of its existing debts».

Rather than pulling your credit history and going through it line by line, the financial industry has developed credit scores which break the sum total of your credit report into an easy to understand numerical index that provides a standard that works for all financial transactions.

It lets clients buy, manage, optimize, and view analytics about campaigns pay via US credit card rather than credit line, spend as little as they want with no minimum, buy via auction with prices set by the market, utilize all of Snapchat's ad formats and targeting capabilities, manage ad creative assets within the tool, and have ads reviewed by Snap for quality before they appear.

Rather than taking a mortgage on the property, the buyer may have to take out a chattel loan or use a line of credit.

Set up a company line of credit during a flush period, when the money wasn't needed, to handle unexpected costs, rather than waiting until lean months.

Others prefer not to use funds but rather to simply open a line of credit for emergency use.

Many HELOCs are an open line of available credit, but a second mortgage is usually an outright loan of a fixed amount rather than just an available home line of credit.

Operationally, Vantage believes that the wholesale origination channel with lender comparison is the only channel (if operated properly under current regulatory requirements) in which the consumer is not steered toward temporary lines of credit rather than lender comparison prior to loan sale.