Sentences with phrase «part of the line of credit»

Your lender may also require a current appraisal as part of the line of credit application.

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

For my own part, thirteen years after starting my business, I went to our bank to request an increase to our line of credit — and was rejected.

As an example, let's consider that a potential customer is asking you to extend them a significant line of credit as part of signing on with your company.

Jaskol turned up two immediate priorities for Bunn: raising its minuscule bank credit line (with an eye toward eventually financing part of its acquisitions through borrowing); and minimizing taxes through more effective use of income - deferral strategies.

All or part of the credit line can be accessed at any given time up to the fixed limit, repaid, and used again.

All or part of the credit line can be accessed at any give time, repaid, and used again.

How each company calculates it remains a trade secret, but most consider your payment history, available lines of credit, the types of credit you have, credit inquiries you've made and the years you've had ongoing credit as part of the total number.

The SBA also offer lines of credit up to $ 5 million through intermediary lenders as part of its CAPLines program.

Figuring out which of the above types of business credit lines is best for you and your business is an important part of the process of applying for a business line of credit.

However, though several of the lowest moments of his tenure pushed me right up to the line of resigned pessimism, I've heretofore resisted crossing it, in large part because I think Mack Brown is both tougher and more flexible than a lot of people give him credit for - sufficiently so to keep me out of the pessimist's camp.

The suit, part of Cuomo's ongoing investigation, also alleges that the health clinic paid for family vacations as purported business trips, and that it gave him an essentially unlimited line of credit on a corporate American Express card on which he racked up nearly half a million dollars in charges he later identified as personal.

All required credit lines and notices must be visible any time a user accesses any part of the AAAS material and must appear on any printed copies that an authorized user might make.

She admits that she turned to SeekingArrangement.com after maxing out her line of credit on her student loans, and realizing her part time jobs were not going to cover her $ 10,000 a semester tuition.

In a society where it's almost impossible to make any major purchase without a line of credit, we don't have much of a choice other than to accept credit reporting agencies as vanguards of personal lifetime data, knowing full well that an error on their part could literally affect ordinary citizens for the rest of their lives.

Twitter hashtags are routinely shown in the opening credits of TV shows, the line between blogging and journalism is increasingly blurred, and social media is seen as an important part of most marketing campaigns.

«The new commercial helps build awareness about the reverse mortgage line of credit option as part of a smart retirement planning strategy for seniors,» shared Teague McGrath, Chief Creative Officer for AAG.

For the American Opportunity Credit, you carry over your expenses to line 1 in Part I. Lines 2 through 7 calculate a reduced credit if your income is too high, and line 8 is the refundable amount of the American Opportunity Credit — the amount you can get back even if you don't owe any Credit, you carry over your expenses to line 1 in Part I. Lines 2 through 7 calculate a reduced credit if your income is too high, and line 8 is the refundable amount of the American Opportunity Credit — the amount you can get back even if you don't owe any credit if your income is too high, and line 8 is the refundable amount of the American Opportunity Credit — the amount you can get back even if you don't owe any Credit — the amount you can get back even if you don't owe any taxes.

It works best as part of a long - term financial plan and it requires more thought than simply taking out the new loan or line of credit.

Including insurance as part of your overall financial plan and choosing from a range of solutions for your CIBC Mortgage Loan, Personal Line of Credit, Credit Card or Personal Loan can help you and your family cover your loan payments in the event of disability, job loss *, critical illness ** or in the event of death.

This can happen if the account was based originally on part or all of the income of your spouse and if the creditor has reason to believe your income alone will not support the line of credit.

Both the Norwegian Cruise Line credit card and the BankAmericard Travel Rewards ® Credit Card are part of BofA Preferred rewards, which we discussed credit card and the BankAmericard Travel Rewards ® Credit Card are part of BofA Preferred rewards, which we discussed Credit Card are part of BofA Preferred rewards, which we discussed above.

DEFAULT You will be in default under this Agreement if any of the following occur: (a) Any monthly payment («Total Amount Due») is not made when due; (b) You become insolvent, bankrupt, or you die; (c) You violate any part of this Agreement, or any other agreement with us; or (d) if we reasonably deem ourselves unsecure on your credit line.

But not getting a statement for your line of credit or credit cards — having the debt «hidden» in your mortgage — can lead to a huge sigh of relief and not enough attention to the «consumer» part of the debt.

Additionally, part of your credit score is comprised of the percentage of your credit lines that you are using.

There are two distinct types of loans that can be taken out as part of a second lien: the Home Equity Line of Credit, and the Closed - End second.

In the event you're going to apply for a large line of credit like a mortgage or auto loan, lenders will consult your credit reports to, in part, look at your credit - utilization ratio.

The more mix and variety you've got to your credit lines, the better it will actually be for this part of your score.

Doug Hoyes: Well, and you just wrote an article that was published in «CPA Magazine» I believe it's called, in January, that — you addressed the whole line of credit issue as part of that article.

If he decides to use his line of credit for the home improvements, then the whole portfolio can be considered part of his long - term strategy (Option 2).

You borrow money, you pay interest and you likely use the line of credit, in part, to make your interest payments.

Typically, as part of the application process, they might be a line you have to sign that gives the agency permission to receive your credit report.

One of the first credit lines my family and I paid off as part of our debt snowball was the loan for the motorcycle I had purchased only one year before.

Your credit line generally will be part or all of this amount.

Therefore, if you can offer collateral, such as part of your home through a home equity line of credit you will be far better off in terms of interest rates and repayment options.

An unsecured credit card is a line of credit that is available without any deposit on your part.

The SBA also offer lines of credit up to $ 5 million through intermediary lenders as part of its CAPLines program.

As part of the minimum payment due, we also add any amount past due and any amount over your credit line / credit access line.

Banks provide business lines of credit to business owners who have established businesses with a recognizable degree of profitability, and a business's credit score is based in part on that business's payment activity.

How each company calculates it remains a trade secret, but most consider your payment history, available lines of credit, the types of credit you have, credit inquiries you've made and the years you've had ongoing credit as part of the total number.

All or part of the credit line can be accessed at any give time, repaid, and used again.

The deposit, typically in the range of $ 250 to $ 2,500, is immediately available as your line of credit, all or in part.

Certain parts of the FICO score model like to see that you have new, active lines of credit, and that you are using them responsibly.

Here's why: Only a small part of your credit score is derived from «new credit» — which looks at whether you've opened up a few new credit lines recently — so opening this single new credit line shouldn't do much to change your credit score.

A home equity line of credit can be used for numerous items such as debt consolidation or remodeling part of your home.

Moreover, in this line of cases, there already had been a decision that adopts a two - part test for bona fide tax - exempt nonprofit credit counseling agencies, requiring such agencies to: (1) be recognized by the IRS as being exempt from federal income taxation under section 501 (c)(3) of the Internal Revenue Code; and (2) actually operate as a bona fide nonprofit organization.

If you only have one credit card and you've managed it poorly, part of your credit repair plan might be to add another line of credit and prove that you can handle yourself.

A business line of credit also includes some additional flexibility that is not part of a small business loan.

A reverse mortgage is a loan that allows qualified homeowners who are age 62 or older to take part of their home's equity as cash, either as a line of credit, or monthly or lump sum payment, or combo of a credit line and payments.

Many businesses use a line of credit as part of a larger capital access approach including short - term and longer - term financing to fuel growth and fund other revenue - generating projects.