Sentences with phrase «reducing outstanding credit»

Consumers have been very conscientious in making sure to reduce their outstanding credit card debt over the last few years and now stand in far better financial positions since the end of the recession.

Not exact matches

QE could potentially destabilize the financial system as it reduces the aggregate credit quality of the outstanding financial assets and also reduces the income that services those financial assets.

Paying off any outstanding credit card bills goes hand in hand with reducing overall debt, and it's something you should aim to do in your 30s, said Khalfani - Cox.

Visa has high credit worthiness, cash flow, and plenty of room on its balance sheet to issue debt and reduce their shares outstanding by a lot more.

That in turn led to amendments to the credit line which will materially reduce the funds available to the Company — what began as a maximum availability of $ 60 million has been reduced to $ 40.5 million, will be further reduced to $ 37.5 million effective July 18, 2010, and further reduced to $ 32.5 million effective January 2, 2011, with the outstanding balance under the line becoming due and payable in full on March 15, 2011.

Paying off any outstanding credit card bills goes hand in hand with reducing overall debt, and it's something you should aim to do in your 30s, said Khalfani - Cox.

If you are working to reduce your credit card debt, making a balance transfer to a low interest card can help you get out of debt faster because more of your monthly payments will go towards your outstanding balance.

Any outstanding credit card debt should be reduced.

Before defaulting on your student loan or allowing outstanding credit card bills to go into collections, let a credit counselor devise a repayment plan that can reduce your debt in affordable ways.

A professional credit repair company can help you along the way, figuring out ways to address outstanding debts, reduce your overall utilization of your credit and cleaning up inaccurate or incorrect items that may have appeared on your credit report.

With millions still struggling with large outstanding balances, consumers who are trying to reduce their credit card debt should do so responsibly by exploring all their available options.

This makes them an attractive option for people with outstanding debts, such as credit card debt, who want to reduce their interest rates by transferring balances.

In addition, with charge - off rates now at relatively low levels, and with revenue growth remaining anemic, credit card issuers may be more inclined in the coming quarters to seek to build card outstandings and drive net interest income, perhaps through a combination of easing underwriting standards, offering strong introductory offers on balance transfers, and even reducing APRs.

In recent years they've worked to reduce credit card debt and outstanding student loans, causing an overall decline in bankruptcy numbers.

While this provision can help you reduce interest payments on any outstanding credit card debt, there is a one - time 5 % transaction fee when you transfer a balance onto the card.

And their program reduced interest payments on the credit cards that were outstanding.

Significant changes in interest rates expose reinsurance companies to the risk of reduced investment income or actual losses based on the difference between the interest rates earned on investments and the credited interest rates paid on outstanding reinsurance contracts.

The defendants tout their services as universally better than credit counseling and bankruptcy protection, and they allegedly promise consumers that they will contact all the consumers credit card companies and negotiate substantially reduced settlements of the outstanding credit card balances.

While this provision can help you reduce interest payments on any outstanding credit card debt, there is a one - time 5 % transaction fee when you transfer a balance onto the card.

The A / R - Credit Specialist is responsible for collections of outstanding accounts receivable dollars from the existing client base and all other aspects of collections, resolving customer billing problems and reducing accounts receivable delinquency.

and «Increased cash flow by $ 15 million by consolidating credit analysis function, reducing outstanding receivables from 48 to 15 days, and minimizing risk from marginal customers.»

RWC Consulting Group, Boerne • TX 1999 — 2000 Consultant Managed and coordinated 3 team members for South Trust Bank to reduce outstanding exceptions that included forward, return item, lockbox exceptions, and charge back items for credit cards.

Professional Experience Petroliance LLC -LRB-[Insert City, State]-RRB- 7/1996 — Present Credit & Collections Specialist • Oversee all accounts receivables including claims management, charge - backs, customer inquiries, and charge - offs as needed • Act accountable for all credit collections as well as for decisions related to credit approval and suspension • Apply customer remittances to corresponding accounts, while identifying and resolving all posting problems with related cash applications, issuing credit / debit memos regularly, and processing daily cash deposits • Lead overall firm direction with regards to accounts receivable administration and cash flow management, providing relevant guidance, feedback, and direction to finance department staff, management members, and other interested parties • Reduce outstanding receivables and minimize risk associated with marginal customers, consistently exceeding established collections goals while working within all related legal, firm, and industry policies and procedures • Utilize interpersonal skills to maintain quality client service, responding in a timely manner to all documentation requests • Assist credit manager with daily duties as Credit & Collections Specialist • Oversee all accounts receivables including claims management, charge - backs, customer inquiries, and charge - offs as needed • Act accountable for all credit collections as well as for decisions related to credit approval and suspension • Apply customer remittances to corresponding accounts, while identifying and resolving all posting problems with related cash applications, issuing credit / debit memos regularly, and processing daily cash deposits • Lead overall firm direction with regards to accounts receivable administration and cash flow management, providing relevant guidance, feedback, and direction to finance department staff, management members, and other interested parties • Reduce outstanding receivables and minimize risk associated with marginal customers, consistently exceeding established collections goals while working within all related legal, firm, and industry policies and procedures • Utilize interpersonal skills to maintain quality client service, responding in a timely manner to all documentation requests • Assist credit manager with daily duties as credit collections as well as for decisions related to credit approval and suspension • Apply customer remittances to corresponding accounts, while identifying and resolving all posting problems with related cash applications, issuing credit / debit memos regularly, and processing daily cash deposits • Lead overall firm direction with regards to accounts receivable administration and cash flow management, providing relevant guidance, feedback, and direction to finance department staff, management members, and other interested parties • Reduce outstanding receivables and minimize risk associated with marginal customers, consistently exceeding established collections goals while working within all related legal, firm, and industry policies and procedures • Utilize interpersonal skills to maintain quality client service, responding in a timely manner to all documentation requests • Assist credit manager with daily duties as credit approval and suspension • Apply customer remittances to corresponding accounts, while identifying and resolving all posting problems with related cash applications, issuing credit / debit memos regularly, and processing daily cash deposits • Lead overall firm direction with regards to accounts receivable administration and cash flow management, providing relevant guidance, feedback, and direction to finance department staff, management members, and other interested parties • Reduce outstanding receivables and minimize risk associated with marginal customers, consistently exceeding established collections goals while working within all related legal, firm, and industry policies and procedures • Utilize interpersonal skills to maintain quality client service, responding in a timely manner to all documentation requests • Assist credit manager with daily duties as credit / debit memos regularly, and processing daily cash deposits • Lead overall firm direction with regards to accounts receivable administration and cash flow management, providing relevant guidance, feedback, and direction to finance department staff, management members, and other interested parties • Reduce outstanding receivables and minimize risk associated with marginal customers, consistently exceeding established collections goals while working within all related legal, firm, and industry policies and procedures • Utilize interpersonal skills to maintain quality client service, responding in a timely manner to all documentation requests • Assist credit manager with daily duties as credit manager with daily duties as needed

After the repayment of debt of $ 15.1 million and other closing costs, net cash proceeds of $ 11.1 million were used to reduce the outstanding balance on the company's secured credit facility.