Sentences with phrase «to borrow money in the future»

Having a history of years of on - time payments makes you a better credit risk for future lenders, which can allow you to borrow money in the future at lower interest rates.

They often qualify for an approval and protect their ability to borrow money in the future by avoiding delinquency.

Those people will have an easier time borrowing money in the future than those who did not.

This will give you a good score and help you when you need to borrow money in the future from a financial institution.

A better credit rating will allow you to borrow money in the future at a lower cost and save you money.

Continually opening new low interest credit card accounts and shifting money without attacking the overall debt could worry lenders, potentially hurting your chances for borrowing money in the future.

And keep in mind that if your company ever wants to borrow money in the future, it's likely that any investor who owns 20 percent or more of the company will have to guarantee the loan personally.

And since Greece can't print Euros, its choices are to reduce domestic spending and spend the euros to pay bondholders, or to default and lose the ability to borrow money in the future (or borrow money at a very steep interest rate which it can't pay anyway so it probably won't convince many lenders to lend it money).

While debt settlement is not as bad as a straight default, the process can do serious damage to your credit score and can impair your ability to borrow money in the future.

A negative credit rating could make it hard for you to borrow money in the future to buy either a car or a house (you could potentially be charged much higher interest rates).

In the long run, using a credit card will help build your credit score, which will affect how much it will cost you to borrow money in the future.

Another perk of paying down debt: It will likely improve your credit score, making it easier to borrow money in the future, says Marr.

A negative credit score will make it harder and more expensive to borrow money in the future.

By having our credit monitoring service, you are in control of your credit and can effectively avoid obstacles that could stand in the way of your financial success to borrow money in the future.

There are several different kinds that you can choose from, but they are an excellent option in case you need to borrow money in the future.

Use them unwisely, and your credit can suffer, which affects your ability to borrow money in the future.

Building credit: Establishing a good payment history can help you borrow money in the future at lower rates.

A poor credit report can affect your ability to borrow money in the future.

If you borrow wisely, it can even help you build your credit score so it will be less complicated to borrow money in the future.

Consequences might include: (1) a constantly increasing debt burden (as interest accrues and due to high collection agency costs), (2) a decreasing credit score (making it difficult to borrow money in the future), and (3) default... which can lead to... (4) garnished wages (up to 15 % of disposable income), (5) withholding of your tax refunds... the list goes on and on.

It's this potential debt that could make it harder for someone to borrow money in the future.

While this is a great way to eliminate your debt entirely at a reduced cost, it can have a significant impact on your credit rating and ability to borrow money in the future.

Even if you go through a bankruptcy, you will still be able to rebuild your credit and borrow money in the future.

Another perk of paying down debt: It will likely improve your credit score, making it easier to borrow money in the future, says Marr.

How to apply for bankruptcy and what will be involved — including whether she will lose her car and what effect it might have on her ability to borrow money in the future

There are several different kinds that you can choose from, but they are an excellent option in case you need to borrow money in the future.

If you need to borrow money in the future, you can take it from your policy earnings.

I am sure if I want to borrow money in the future, the banks will be glad to hand it out.