Sentences with phrase «open a new line of credit if»

Since many creditors won't let you add a joint account holder to an existing account, you'll need to open a new line of credit if you want to hold it jointly with another person.

Not exact matches

If you're buying a home, a car, getting a college education, or even buying a new washer and dryer for your home, opening a line of credit probably makes sense as these are large - money events.

If you need to cash out of real estate you could theoretically take out a home equity line of credit, but it's costly, needs getting approval, and takes at least a month to open up a new account.

If someone has your personal information and opens up new lines of credit, your credit could tank iIf someone has your personal information and opens up new lines of credit, your credit could tank ifif:

If problems persist, you can place a security freeze on your account, which prohibits anyone — including you — from opening new lines of credit.

If you know you don't plan to open any new lines of credit in the near future, it makes a whole lot of sense to put a freeze on as a safeguard against unauthorized activity.

And if an individual is allowed to open a new line of credit, they may face high interest rates and be only eligible for lines of credit that require high application fees and annual membership fees.

Yes, you will definitely want to keep your old credit card account open so your credit score won't take a hit — especially if you are planning on applying for any new lines of credit in the near future.

If you don't wish to open a new line of credit to earn rewards with Best Buy, this may be a good option for you.

76.3 % of respondents know to check their credit report to find out if someone has opened a new line of credit in their name.

2For new business owner - occupied commercial real estate mortgages from $ 25,000 to $ 1,500,000: (a) a 0.5 % relationship rate discount may be available if your business either (i) has or opens at time of closing a Santander Business Checking Plus account, or (ii) has in its Santander business checking account (s) at the time of the application, a minimum balance, which required minimum balance is determined by Santander Bank in its sole discretion and is subject to change at any time at the sole discretion of Santander Bank; and (b) a 0.5 % electronic payment (E-Pay) rate discount may be available if your business has or opens at time of closing a Santander business checking account, and sets up monthly E-Pay payments for the closed loan, line of credit, or mortgage to be automatically deducted from that account.

Conversely from closing accounts, if you've recently tried to open multiple new lines of credit this can also make your credit score drop.

(If you need to open a new line of credit while your credit is frozen, you can temporarily lift the freeze to do so.