A credit limit is the maximum amount of money a lender is willing to let you borrow on a credit card, while a credit access line is the total amount of credit available to you across all your credit accounts. The difference is that a credit limit is specific to one credit card, while a credit access line encompasses all your credit accounts. Having a higher credit access line can potentially increase your ability to borrow money, as it indicates that you have access to more credit overall.
A loan is a sum of money borrowed from a lender that must be paid back with interest over time, while credit is the ability to borrow money or access goods or services with the promise of repayment in the future. Loans can impact your financial situation by increasing your debt and requiring regular payments, while credit can affect your financial situation by influencing your ability to borrow more money and impacting your credit score based on how responsibly you manage your debt.
Yes, co-signing a loan can affect your ability to buy a car because it increases your overall debt and may impact your credit score, which can affect your ability to secure a loan for a car purchase.
That depends on a lot of factors, especially things that affect your expected life span. Your age, gender, health and lifestyle will all affect your premium. There is also a big difference between the cost for term insurance and whole life insurance.
Yes, it will affect your debt to income ratio.
Be very cautious about co-signing for a loan. If the primary borrower defaults, you are responsible for the loan payment. It also may affect your ability to get a loan if your debt to income ratio is already high.
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"Influence" refers to the ability to have an impact on someone or something, while "affect" typically refers to the emotional or psychological impact that something has on a person. Influence implies a more active role in shaping outcomes, whereas affect focuses on the response or reaction to an influence.
it affect by the difference mrs petras
It doesn't ! So long as they have access to factor 8 injections in case they cut themselves, their ability to work is not affected.
The main difference between indoor and outdoor basketball is the playing surface. Indoor basketball is typically played on a hardwood court, while outdoor basketball is played on a concrete or asphalt court. This difference in surface can affect the speed and bounce of the ball, as well as the players' ability to make quick movements and cuts.
Yes, temperature difference does affect heat transfer rate. The greater the temperature difference between two objects, the faster heat will transfer between them. This is described by Newton's Law of Cooling, where the rate of heat transfer is directly proportional to the temperature difference.
There is no difference between 152 and 0152 as they are equal, because the leading zero has no affect. 152 is 1000 times 0.152 if that is what you were asking.
No, it doesn't. There is no diffrence between memory in males and females
alcohol diminishes the ability to distinguish between sounds and perceive their directions.
Affect matters in my life because I always have to remember the difference between affect and effect, which is one of the tricky aspects of English.
What is the difference between absolute continuity and differential continuity? Do an individual's experiences affect differential continuity? Provide specific examples