Sentences with phrase «other revolving lines»

Similar to other revolving lines of credit, you draw funds when you need them and you only pay interest on the funds you use.
For example, if you have two credit cards with a $ 500 limit each and no other revolving lines of credit, then you have a total limit of $ 1,000.

Not exact matches

Other loans use revolving lines of credit.
Inventure entered into a new $ 60 million senior secured term loan and a new $ 30 million senior secured revolving line of credit with a syndicate of lenders led by U.S. Bank National Association pursuant to a Credit Agreement, a Security Agreement and certain other customary ancillary agreements to fund the purchase and re-pay two existing equipment term loans totaling $ 8.4 million and the existing revolving line of credit totaling $ 17.6 million as of Nov. 8.
Taking place at MalmöMässan in Sweden on 16 - 17th November, the show's seminar line - up will revolve around numerous hot topics including emerging natural beauty trends, authenticity of natural and organic cosmetics, sustainability, allergies, raw materials, and specialist skincare products among others.
Actors bounce off each other with improv - heavy line readings, the washed - out digital look works in favour of the bleak urban setting and the revolving - door plotlines and characters do the same by reflecting how quickly people in this warzone get trod underfoot.
Samsung's other aggressive moves in the mobile space revolve around its Samsung Galaxy S line of smartphones, which boast a Super AMOLED screen, 1 GHz processor and Android 2.1 operating system.
Personal lines of credit, like credit cards and other forms of revolving credit, may negatively impact your credit score if you run up a high balance — usually around 30 % or more of your established line of credit limit.
What is more important is how many accounts have balances and how much of the total credit line is being used on credit cards and other «revolving credit» accounts.
Most credit cards are unsecured, revolving lines of credit, and they carry more risk than other loans (like mortgages that have collateral).
Trended credit data is a two - year historical perspective on a consumer's utilization of credit accounts, giving lenders the ability to determine if a borrower tends to pay off revolving credit lines each month or if they tend to carry a balance month - to - month while making minimum or other payments.
Revolving credit, on the other hand, are lines of credit like credit cards.
Your credit history is a listing of your credit and reimbursement history — any new accounts, old accounts, late bills, delinquent bills, and other credit actions will appear here, when you have financing, mortgages or revolving lines of credit.
An example of meeting the mortgage loan requirement is having a revolving account (credit card) that has been reporting activity for the past 24 months plus 2 other trade lines that have had activity reported for 12 months each, both within the past 24 months.
By now you've probably figured out that getting close to the maximum limit on your credit cards and other forms of revolving credit (lines of credit and overdrafts) is not viewed as a good thing by the credit reporting agencies.
Don't charge all the way up to your credit limit — with revolving credit, such as a store card or other credit card, try and keep what you owe to 1/3 or less of your line of credit
One of the most popular features of the payday line of credit, other than the revolving structure of the available funds, is how easy it is to apply for.
These may be placed into five basic groups: mortgage loans, revolving lines of credit, installment loans, collections and other accounts.
Revolving lines of credit will consider credit such as major bank credit cards, department store credit cards, and any other credit cards.
On the other hand, home equity line of credit offers a revolving credit account.
The card's lender may also provide checks that draw on the Balance Transfer Card's credit line so that you can pay off other revolving debt accounts and consolidate that debt onto the card.
If a revolving line of credit isn't quite right for you, we have a variety of other small business loans to choose from.
Credit cards, on the other hand, utilize revolving credit lines, which can be used, repaid, then used again over months or years.
Other names for this document: Revolving Line of Credit Agreement
In simplified fashion, let's say our hypothetical law firm has $ 100 million in annual revenues ($ 8.33 million per month); an operating margin — or profit — of 36 percent of annual revenues, which are distributed at 55 percent of forecast to partners each month, plus a year - end distribution; no debt other than its revolving credit line; and $ 5 million in monthly operating expenses.
Many high risk tenants use landlords and others as a revolving line of credit... that stops when you report tenant pay habits to Landlord Credit Bureau.
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