Sentences with phrase «open a line of credit based»

Your lender may permit you to open a line of credit based on the amount of your equity, giving you access to money for a purpose of your choice.

Not exact matches

You will be rated based on how long you've had credit (if any), how long it's been since you've opened a line of credit somewhere, and how long since you've used your accounts.

If the score is based on the length of time you've had credit, the longer a line of credit has been opened, the better it is for you.

For U.S. Bank customers, a Premier Line of Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer feLine of Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer Credit is a revolving, open - end line of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer feline of unsecured credit that gives you access to your available credit line on an ongoing basis with fewer credit that gives you access to your available credit line on an ongoing basis with fewer credit line on an ongoing basis with fewer feline on an ongoing basis with fewer fees.1

They base the score on factors such as your open credit lines, your credit history, your monthly payments and pay - offs and a variety of other factor.

All three take information from your credit history, such as number of lines of credit currently open, number of inquiries for credit in the past two years, etc and come up with a credit score based on all this information.

Open - End Loan — A home equity line of credit that has an introductory (intro) rate for a specific period of time, followed by a variable rate (based the Prime rate) plus a margin.

Our home equity lines of credit — or HELOCs — are open - end loans based on the value of your residence minus your mortgage balance.