Sentences with phrase «to set credit limits»

Your credit card providers will always set a credit limit on your cards, the maximum amount you can borrow.

There is no annual fee or additional cost for employee cards, and you can set credit limits for them.

Typically, these cards come with security deposits that also set your credit limit.

Many of these charge cards don't have set credit limits associated with them, which can impact the credit utilization factor in the credit scoring model.

There are several factors that go into setting your credit limit, such as your credit history and income.

Note Equifax does not set credit limits; these tools are designed to be used as guideline by lenders and other factors may determine the actual credit limit granted.

While other secured credit cards set your credit limit to equal your security deposit, Capital One ®'s starts at $ 49, and can get you a credit limit beginning at $ 200 if approved.

Many lenders set the credit limit on a home equity line by taking a percentage (say, 75 percent) of the appraised value of the home and subtracting the balance owed on the existing mortgage.

The institution underwriting the loan sets the credit limits and interest rates.

Not only are its upfront costs lower compared to other credit cards, but perhaps its best and most unique feature is how far it stretches the minimum deposit when setting your credit limit....

Rather than have the credit card company set your credit limit, you deposit a sum of money, and that's your credit limit.

Note Equifax does not set credit limits; these tools are designed to be used as guideline by lenders and other factors may determine the actual credit limit granted.

Like a credit card, a HELOC is a revolving line of credit — you have a set credit limit against which you can borrow.

Credit card issuers approve your credit card application, set your credit limit, take your monthly payments, provide customer service and offer rewards, according to Freeman.

For example, if you are challenging a $ 500 credit card purchase and your credit limit is $ 2,000, the creditor may set your credit limit to $ 1,500 while that purchase is investigated.

Still, parents can set a credit limit and monitor the account to make sure bills are paid on time and the balance stays under the limit.

With a Home Equity Line of Credit, you can withdraw whatever amount of money you wish to have but within the set credit limit.

You can set the credit limit and the expiration date yourself so that the second transaction won't be accepted.

I don't know of any that will let you set the credit limit to $ 0, but you can set it to a value under the monthly subscription fee.

You set the credit limit with a deposit between $ 300 and $ 2,000.

With a charge card, you have no set credit limit, nor do you get charged any interest.

Instead, the bank will still conduct a thorough review of your personal finance history to determine your creditworthiness, and if you're approved, it'll also use that information to calculate your APR and set your credit limit.

No credit card company will be willing to set a credit limit that is above what you will be able to pay back.

You have to stick within the set credit limit of an HELOC.

It's simply a credit card that requires a cash security deposit, which sets your credit limit.

Start by paying down a deposit to set your credit limit, then sit back and watch the interest accrue.

If your application is approved, you are provided a set of checks or a debit card that allow you draw upon the line up to the set credit limit.

With a HELOC, you'll receive a set credit limit.

The entire HELOC is available for the borrower to use in any way as long as they stick within the set credit limit.

The only catch with an HELOC is to stay within the set credit limit.

Different from that is the HELOC, which is accessible at any time as long as the borrower stays within the set credit limit.

It is possible to withdraw an HELOC whenever it is needed as long as you do not exceed the set credit limit.

Bearing in mind the set credit limit, you can withdraw any amount of the equity loan at any time it is needed.

Borrowers can withdraw the home equity loan at any time but without exceeding the set credit limit.

Like a credit card, the HELOC is a revolving type of loan that you can access at will but stay within a set credit limit.

It is also advisable that you pay all your fees on time and not to exceed 60 % of the set credit limit.

It's even possible that they might set a credit limit that's lower than the current balance, and require you to pay your balance down.

These cards sound like they might come without a set credit limit, but they actually do.

Get employee cards at no additional cost and you can set their credit limits.

As a charge card, there is no set credit limit, but there is a ceiling that adjusts based on your current credit score.

These cards sound like they might come without a set credit limit, but they actually do.

This person's credit history and income are not considered in reviewing a credit card application and setting a credit limit.

Not having a set credit limit with a charge card offers flexibility for your spending.

The Centurion ® Card is a good example of the less common of the two types, which is the NPSL credit card that doesn't have a consistent, set credit limit.

A large number of great rewards credit cards are available to those with good credit that have regular, set credit limits that will report correctly to the bureaus.