Sentences with phrase «risk of late payments»

Automatic payments, also known as EFT payments, are a great way to save money on your renters insurance policy and prevent the risk of late payments.
Paying for your entire policy upfront saves your commercial auto insurance company money by eliminating the need to issue and process monthly bills; it also reduces the risk of late payments or nonpayment.
Opting for automatic payments will save you the hassle of remembering to make your premium payment and can avoid the risk of late payments and late - fees, with the side benefit that you can usually get a discount on your home insurance.
Automatic payments, also known as EFT payments, are a great way to save money on your renters insurance policy and prevent the risk of late payments.
Lenders offer this discounted rate because they benefit from AutoPay, too, since it reduces the risk of late payments.
A score of 80 or higher puts your business into the best risk group, meaning that your history of payments has demonstrated a low risk of late payment.
A score of 80 or higher puts your business into the best risk group, meaning that your history of payments has demonstrated a low risk of late payment.
Quickly help determine a company's risk of late payment and identify how much credit to extend based on a company's D&B PAYDEX ® Score, D&B Credit Limit Recommendation, and past payment behavior.
And the risk of late payment or non-payment of utilities is dramatically increased as utility costs escalate — increasing the possibility of tenants running up water and electricity accounts they can not pay.

Not exact matches

The higher the risk of a default or late payment, the higher the interest rate will be.
There's also the risk of not living long enough to receive deferred payments if you select an annuity that pays out later in life, or seeing inflation erode their real value.
Instead of risking a late payment or rushing to transfer it on time, consider setting up automated transfers.
The idea of dealing with all those details — risking late fees and penalties for missed payments — in order to earn an extra percentage point of interest is not very appealing to most people.
We have the latest gateway technology as well as the right tools to help them mitigate the risks of accepting online payments that are associated with their industry.
Poor Credit Credit Cards - 3 Tips to Getting Approved Just a few black marks on your credit report — a couple of late payments, an account that's been «charged off» — can be enough for creditors and lenders to consider you a «high risk» customer.
Arrears, late payments, missed payments, defaults, and even bankruptcies cloud the credit records of some of these folks, making them high risk borrowers.
You may also risk a higher interest rate of 29.49 % as a penalty rate if you make a late or returned payment.
From a lender's point of view, having huge loans and / or a history of late payments leads to higher risks.
If you are not making timely payments to your credit card balance, those late payments may end up on your credit report — increasing the risk of them negatively impacting your credit score.
It's important to understand how big this risk is for card issuers, somebody with a FICO score of 800 - 850 has an average delinquency rate (late payment or no payment made at all) of 1 % where somebody with a score of 600 - 649 has an average delinquency rate of 31 %.
Whenever you cosign a loan for someone else, there is a risk of that person making late payments or failing to totally satisfy the loan.
For the borrower, auto - pay means they don't have to remember each month to pay their loan, and it reduces the risk of being late with a payment.
When an account closes, it makes no sense to let it continue to age as it's no longer giving you an indication of risk as you can make neither on time payments or late payments.
If you move between apartments frequently and don't change your address on bills, you run the risk of not receiving bills on time and suffering late payments as a result.
If you've had a repossession, a history of late payments, collections, settlements on your past vehicles, or included a car in a bankruptcy, these are signs that you're a high - risk borrower.
You may want to decide if the risk of all those late payments and a charge - off and collection account being listed on your credit is worth it in the end for you.
Another consumer might have a 679 score because of several late payments, which could indicate he or she is a bigger repayment risk.
In any other event, including but not limited to choosing a payment date past the stated due date of your invoice, the risk of incurring (and the responsibility for paying) any and all late charges or penalties shall be borne by you.
If a bill is typically due on the 14th day of the month and you have the payment scheduled for the 13th day of the month, you don't have anything to worry about, but if the due date of the payment jumps to the 12th day of the month, you risk having a payment paid late.
If you are late with your payments several times over the course of the payment period, you run the risk of having an interest rate that is much higher than what was originally computed for you.
When the payments are scheduled and paid electronically, the risk of incurring a late charge for an overdue payment is greatly reduced.
Credit history includes risk factors like late payments and bankruptcy and high credit, current balance, credit limit, and 24 months of payment history.
The unsecured loan gives you the advantage of not placing your property or home at risk if you should experience unforeseen financial difficulties on down the road that cause you to become late or past due on your loan payments.
Be sure to clearly mark when everything is due and give yourself plenty of time to pay so you do not risk a late payment.
For example, borrowers with a history of late payments or a bankruptcy pose a major risk to lenders.
This way you will reduce the risk of incurring multiple charges for late or missed payments, save on annual fees and be in a position to direct this money to clearing your other debts.
If you have late or missed payments, you run the risk of defaulting and owing even more money.
Credit checks reveal a borrower's payment history (i.e. non-sufficient funds checks, late payments) and other information alerting the creditor of the level of risk that the former poses.
If you have been suffering through the mountain of bills, barely paying the minimum repayments, or not even that, paying late or missing payments altogether, you may be considered a credit risk and not eligible for a personal loan for debt consolidation from any conventional source.
Since you have a security deposit with the credit card issuer, you have essentially limit the risk of non-payment or late payments on your credit card balance.
Now consider Saga's latest NAV of EUR 23.34 & its current 8.3 P / E ratio: Tot up a few more years of earnings (probably accompanied by rising prices), a sale or liquidation of the company (I believe current NAV is achievable), substantial compensation payment (s), and a sale of the valuable Saga Furs brand (to a Chinese owner, for example), and it's hard to argue there's significant downside risk here...
Be sure to carefully assess your monthly budget before committing to such an additional expense, as late or missed payments can put your home at risk of foreclosure.
Late payment, wrong bank, debit or credit card details, invalid credit / debit cards or insufficient funds are for your own risk and account and you shall not be entitled to any refund of any (non-refundable) prepaid amount unless the Supplier agrees or allows otherwise under its (pre) payment and cancellation policy.
Additionally you may opt to sign up for a prepaid credit - card, which will allow you to control the amount of money available to you and improve your credit without the risk of overspending or making late payments.
For instance, if you had insurance through a company before and were late making many of your payments, the company may charge you a bit more to cover the increased non-payment risk that you present.
An insurance applicant who has a history of being late on bill payments and who often opens and closes savings or credit accounts could pose an unacceptable risk for an insurance company.
If you delay in making those payments, you run the risk of a lapse in insurance, plus the cost of late fees.
Skipping one or more consecutive payments not only results in late fees, but you are also at risk of getting your policy cancelled by the Florida company.
This is normally used in the instances of policies which cover disability, life or health insurance so that a policy holder can be guaranteed ongoing coverage even if they should later develop a condition or conditions that increase the risk exposure of the insurance company to make payments against claims, or even if it guarantees that the insurer will have to make a payment of a benefit.
Distressed sellers: Home owners in default on their mortgage or at risk of becoming late on their mortgage payments, due to financial hardship.
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