| credit line |
| How is a line of credit catagorized on the balance sheet? What is the Journal entry? |
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John doe credit $200
Accounts recievable $200...... |
| No Credit. Wanting an unsecured credit card. What are my best choices and the highest line of credit I can get |
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There are many 'unsecured' credit cards designed for people with little or no credit. While they have higher interest rates and some...... |
| Personal Loan vs. Line of credit? |
| Line of credit may be taken against your house. The payments are tax deductible, a good thing. Interest rate is likely reasonable. You don't pay, ...... |
| Home equity line of credit, good or bad ? |
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Good if you dont blow it on something stupid. Good if you want to use it to get out of debt. Bad if you buy material things that dont offe...... |
| Home Equity Line of Credit rates? |
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8.25 is the going rate for a HELOC however if you check around some banks usually have a special for the first few months. But is a HELOC wh...... |
| Home Equity Line of Credit on property under contract (part 2)? |
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Just before closing, the title company will do one last search for any liens on the property and your HELOC will show up. The amount owed o...... |
| Home Equity Line of Credit vs Refinance? |
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A refinancing with cash out is your best option. Use the cash to pay off all your loans and keep some cash on hand, get a 30 year mortgage a...... |
| Can you get a line of credit loan or 2 nd mortgage with a credit score of 579? |
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This is generally not possible, it's generally around a 620 to get a HELOC.
But I have to ask you, why even get a second mortgage? R...... |
| Business unsecured line of credit (low doc)? |
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Bank of America is a great way! There are no docs to sign! They loan up to 100,000.00. It is a very nice program..........You can even apply...... |
| Home Equity Line of Credit Question? |
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Yes, you can deduct the interest on up to $100,000 home mortgage (or equity line) indebtedness regardless of how you used the proceeds. You...... |
| Home Equity Line of Credit on property under contract? |
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to have a heloc you must own the property. once you sell your house your heloc is also terminated and all balance must be paid off. if your ...... |
| Home equity line of credit...what should I know before I apply? |
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A HELOC can be a good tool for reducing your interest rate burden --- IF, you have the self-discipline to avoid running up debt elsewhere. T...... |
| What is "Line of Credit"? |
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A $500.00 line of credit would allow you to borrow up to $500.00 at any one time. You can go to the bank with your $500 line of credit and ...... |
| Line of credit or Equity Loan? |
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A line of credit is usually an unsecured expandable account from which you can either take a lump sum or draws against the note amount. A ho...... |
| Can Line of credit's(against home) intrest claimed in tax return??? USA Tax return (1040).? |
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If it's secured by a mortgage, the interest is tax deductable up to the limits for first or additional mortgages....... |
| I have a 20, 000 line of credit with bank of america, is this better than a home equity line of credit? |
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WHY DON'T YOU LOOK AT THE INTEREST RATE OF EACH ONE, BOZO, AND THEN YOU CAN ANSWER YOUR OWN IGNORANT QUESTION....... |
| Does increasing your line of credit hurt you're credit score? |
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No, it actually helps your scores by decreasing the overall utilization on your reports. (on all of your accounts - including loan accounts)...... |
| ?? equitity line of credit on a home,,what problems can pop up? |
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Now your home is paid for and you need some money. Heloc is great when you plan to pay off the loan before it goes really up. Im assuming ...... |
| Will closing a line of credit before it is paid look bad on my credit report? |
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if you can get a small personal loan (with MUCH LOWER interest rate to pay them off), its your best bet.
then it will be closed.
then ...... |
| Is a business line of credit based on your personal credit? |
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Yes,any financial institution that would extend a business line of credit,relies on the applicant credit background,since this gives an idea...... |
| Business approved for line of credit (Credit Express by BOA)? |
| the open credit line would affect your credit rating because it shows you have the potential to spend more money b/c of the open credit line. It does...... |
| Would open up a new line of credit, i.e. credit card, loan, etc. hurt my credit score? |
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If you already have numerous lines open, it would not be wise....... |
| I dont have credit card. But many of the on line booking for Air lines need credit card. How do do? |
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You can make a reservation for an airline and put it on hold - this gives you 24 hours to make it to the airport and pay for the ticket in c...... |
| I would like to know how many of you folks feel safe shopping on line. credit card on line, do U really do it? |
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no i use the telephone...... |
| When you purchase a product at a store that uses an on-line credit purchasing system, your account information |
| A is correct....... |
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