Phrases with «unaffordable payments»

"Unaffordable payments" refers to payment amounts that a person or household cannot comfortably afford to pay. It implies that the cost of the payments exceeds their financial means and could impose a strain or difficulty to meet. Full definition

Sentences with «unaffordable payments»

  • As Google reps reported, «Research has shown that these loans can result in unaffordable payment and high default rates for users.» (studentloanhero.com)
  • Borrowers would no longer have to worry about paperwork deadlines, eliminating their risk of suddenly facing unaffordable payments. (americanprogress.org)
  • NCLC attorneys said that borrowers with unaffordable payments have described how difficult it is to work out any kind of payment plan with private lenders (federal student loans, in contrast, offer a number of repayment and reinstatement options). (studentloanborrowerassistance.org)
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