Sentences with phrase «spending against a credit limit»

Not exact matches

True Link, a San Francisco Y Combinator alum, is working against such fraud with a pre-paid credit card linked to an online dashboard family members configure to set spending limits and block purchases at specific stores or merchant categories.

Here's how secured cards work, and why they make sense when your credit is iffy: You put down a deposit with your bank, say $ 500, and that deposit acts as your credit limit — meaning you spend money against the deposit, eliminating most of the risk for the bank.