Sentences with phrase «to make timely payments»

"To make timely payments" means paying an amount of money within the specific time or deadline that was agreed upon. Full definition
Lenders want to see that you are responsible and capable of making timely payments on your credit obligations.
If making timely payments is a challenge for you, consider setting up auto - pay on your account so you don't have to worry about losing that no - interest offer.
One of the keys to credit repair is rebuilding your credit score by making timely payments on a credit card account that's in good standing.
This comes in the form of the waiver of late fee if you don't make timely payment for once but have a good repayments history otherwise.
The annual fee was only $ 19, and she received a higher credit line after making timely payments for five months.
If you're careful about paying down your debt quickly and always making timely payments, your credit score will improve over time.
You use this account to make timely payments over time and eventually your score will go up!
Although credit scores take a long time to build, you should always focus on making timely payments towards your installment loans with bad credit.
Therefore, you are legally required to continue making timely payments on these debts.
Use these accounts wisely, making timely payments while running a balance equal to thirty percent of your available credit each month, but no more.
Alternatively, you could work with the card issuer, who may be reluctant to lose you as a customer, especially if you consistently make timely payments.
So if you haven't been faithful about making timely payments because they're not reported to the bureaus, it's time to change that habit.
First, make timely payments because 35 percent of your credit score is derived from your history of paying your debts on time.
Making timely payments throughout the term of your loan and padding your payments with a little extra each time will help pay the interest and decrease your loan term, saving you money.
The second easiest way to raising a credit score is simply to start making timely payments for the correct amount.
You'll also receive an increased credit limit after making timely payments.
In other words, as long as you start making timely payments again, you will not have to pay higher rates for having a cancellation on your record all of a sudden.
This article aims to help you understand how much making timely payments has an impact on your credit score.
As long as you keep up good credit management like making timely payments and keeping credit card balances low, your credit score will improve with time.
Borrowers can use it to pay off other debts and then work toward making timely payments on the mortgage.
What if a job lay - off, a medical emergency, or some other personal crisis prevented you from making a timely payment?
Making timely payments shows future creditors that you can be trusted to pay consistently and on time.
If the homeowners make timely payments and meet other conditions, the terms are supposed to become permanent.
So by making your timely payments as negative items fall off your credit history, they are replaced with positives.
However, you might negotiate a note with a customer who can not make timely payment on an A / R account.
In order to do that, you will have to get graduated first, make timely payments for 12 months, and have strong credit points.
If you're careful about paying down your debt quickly and always making timely payments, your credit score will improve over time.
Some lenders will return the security deposit to cardholders after having made timely payments over a long period, such as 12 months, and convert the card to an unsecured one.
But if you fail to make timely payments towards your loans — or worse, you let them go in default — you will find yourself stuck with a bad credit rating.
You're likely to continue making timely payments to preserve your credit score.
Some people neglect the importance of making timely payments on existing loans and credit cards.
It's important to make timely payments in order to avoid defaulting, which can have negative impacts on credit score and the ability to receive credit in the future.
I spoke with a representative 6 months ago, and at the time she worked very hard to give me the impression that if I spent 6 months making timely payments at a reasonable rate ($ 175 a month) they would be able to work with me on forgiving the $ 4k in fees if I was willing to work towards continuing to pay off the loan.
Now make timely payments with Paytm, it is fast, safe and hassle - free.
A payor parent is responsible for making timely payments according to a schedule and amount set either by a court or by an approved agreement of both parents.
In fact, from 2004 to 2009, only 37 percent of federal borrowers managed to make timely payments without postponing or becoming delinquent.
This is definitely easier for those who have resumed making timely payments since their last transgressions.
The use of a revolving line of credit, also known as a credit card, also builds a credit history which shows that a consumer makes timely payments as well as staying below their available credit line.
On the other hand, if there is a reaffirmation agreement signed by the debtors and approved by the Bankruptcy Court, and the borrower / debtor makes timely payment, the loan will be reported to be in good standing.
It's a shame that people who prefer a «no debt, no financing» approach to finances are penalized by not using credit products, but I guess it makes sense for the ones doing the lending to make sure that you are capable of making timely payments regardless of your income.
The good news is that you can work on your credit after getting the car loan — including making timely payments on the new loan — and after six months or so, you may want to look into refinancing at a better rate with your new, higher score.
«For example, if you're currently making timely payments on a car note but have no other positive credit that's active, then you should obtain two secured credit cards and use them regularly.»
Every now and then, I see a stupid post saying that a financial company is solvent if it is still making timely payments on its liabilities.
If your score has slipped because you've made late payments in the past, making timely payments going forward will help boost your number.
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