Sentences with phrase «significantly lower credit limits»

In turn, by having significantly lower credit limits, it becomes easier for low - income individuals to eat up a larger portion of what's available, thus increasing their credit utilization.
In turn, by having significantly lower credit limits, it becomes easier for low - income individuals to eat up a larger portion of what's available, thus increasing their credit utilization.

Not exact matches

For 2017 I have re-distributed my credit to a few cards and significantly lowered the spending limits on the 2 credit cards I carry with me every day.
Most Cash Credit Limits are significantly lower than the actual Credit Limit.
The percentage of consumers scoring in the lowest score ranges — populated most frequently by consumers with high debt to credit limit ratios and numerous recent and significantly past due payments — continues to drop.
Notably, these limits only apply if the amount of advanced tax credits was too high, such that the taxpayer was overcredited and needs to pay back the excess amounts received; if the credits were too low, there is no limit on what the taxpayer can receive in additional credits when the tax return is ultimately filed (beyond the limits of the premium assistance tax credit itself) in the event that income dropped significantly and a higher credit was due.
Many exemptions, credits, and deductions have significantly lower upper limits.
While these limits are significantly lower than what we see on the Ink Business Preferred ℠ Credit Card, you need to consider where your business spends the most money.
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