Sentences with phrase «smaller than the credit limit»

Some providers require a deposit smaller than the credit limit.

Not exact matches

Under the new changes, «small creditor» — now defined as institutions with less than $ 2 billion in assets originating fewer than 500 first - lien mortgages per calendar year — would now apply to a 2,000 - loan annual origination limit, effectively easing the path for more banks and credit unions to comply with the ability - to - repay rule.

While credit limits tend to be smaller than a line of credit, a business credit card may offer rewards, such as cash back or travel points.

Traditionally, FHA loans allow lower credit scores, smaller down payments and lower loan limits than most conventional loans.

Retail credit cards also are easier to qualify for than a regular credit card, but they typically come with smaller credit limits and higher interest rates.

By definition, it is always smaller than the stated credit card limit on your account: it is the limit minus outstanding balances.

Your options: Take more than one card to spread the spending across them all, if they each have smaller credit limits.

Some secured cards offer higher credit limits and smaller minimum deposit requirements than the OpenSky ®.

Store credit cards also have smaller credit limits and higher interest rates than cash back credit cards.

when u apply for the card, you are allow to apply up to 50k of limit, as long as you have the money in the account and deposit amount must be in the account more than 30 days (does not apply to smaller credit amount) if approve, you are allow to add more fund to increase your limit, corresponding security deposit rule apply.

If you have a $ 3,000 credit limit, but never carry more than a small balance on the card, this should work fairly well at enhancing your credit score.

Also, those who have a high credit utilization (in other words, those who are at or near their credit limit) will have lower scores than those who are only using a small percentage of their available credit.

Work by Carey Morewedge and colleagues raises the possibility that credit limits themselves, when salient, help to make purchases appear small (for example, a $ 1 candy bar may seem less expensive when compared to $ 5,000 in available credit than when compared to the $ 5 bill in one's wallet).

Store - branded accounts tend to be far easier to get than other credit services, says McClary, in no small part due to high interest rates and also sometimes low credit limits.

Car loan companies tend to be more lenient in giving loans to people with mediocre or limited credit; a car is a much smaller purchase than a home, and a car can easily be repossessed.

In addition, however, small business cards also tend to come with higher credit limits than personal credit cards do, a tool that cash - strapped business owners can use to purchase needed equipment and supplies to help their businesses.

The big guys» departure, prompted by federal regulation limiting their merchant fees, left room for the banking small fry, who see the obvious: Debit cards are in everyone's pockets, accounting for nearly 50 percent more noncash transactions than credit cards.

A business owner may have several credit cards with a combined credit limit of $ 75,000, but he or she may be unable to manage more than $ 25,000 worth of debt, advises Gene Fairbrother, lead small business consultant at the National Association for the Self - Employed.

And this tiny little powerhouse — the receiver is smaller than a credit card — is available from Cult of Mac Deals for a very limited time at the low price of $ 54.99!