"Graduated payments" refers to a method of paying off a loan where the repayment amount starts off lower and gradually increases over time.
Sentences with «graduated payments»
For students without financial hardship, there are still options available, including graduated payment plans, longer repayment terms, or consolidation of student loans into one monthly payment. (goldenfs.org)
Historically, borrowers who took on loans with this type of graduated payment schedule left themselves unprepared for the increased payment. (valuepenguin.com)
In these cases, you may repay on a fixed or graduated payment schedule for a period not to exceed 25 years. (studentloanborrowerassistance.org)