Sentences with phrase «because loans of this type»

Because loans of this type are more of a gamble for the borrower, the rate is initially lower.

Not exact matches

Forty - two percent of respondents said banks were not lending to their types of business, and nearly half of companies said they did not apply for bank loans because they did not think they would be approved.

But because that type of loan has come under intense scrutiny, many lenders have developed what payday lender EZCorp chief executive Paul Rothamel calls «second generation» products.

This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.

Because your responsibilities may vary according to the type of loan you receive, be sure to read the promissory note before you sign it so you know what is expected of you.

This type of automatic payment is also good for borrowers because, among other things, it has the potential to help a small business eliminate cash flow lumpiness by making more frequent and smaller debits on a daily or weekly basis as opposed to requiring a large loan payment on a monthly basis — although that is not the only benefit to small business owners.

Most people focus on consolidating unsecured debt, such as credit card debt and payday loans, because of the higher interest rates that are charged on these types of debt.

Because repayment options for each type of loan are different, start by selecting the loan type that you are most concerned about.

For example, a student loan is a good type of loan because you are investing in your ability to make more money.

HELOC loans are popular because their interest rates are lower than many other types of loans.

Businesses and investors look to finance loan brokers because they have the depth of knowledge to find the right type of financing to fit the situation at hand, and can present alternatives to conventional loans because there is no «one size fits all» solution when it comes to businesses.

These types of loans are extremely popular because it means that the monthly payments will always stay the same until you pay the entirety of the loan.

The policy can be confusing — especially because the amount of time you'll pay FHA MIP varies by your loan type.

In addition, because this type of loan has a fixed term, it may create more affordable payments.

This is because these loan types are associated with layaway plans and «loans of last resort», which tend to default at very high rates.

Because your options will depend on what types of loans you have, you'll need the following information about each of your loans:

But today i am a business owner and my business is fast growing, if you need any type of loan today do not fail to contact this firm because this is the right place to be when seeking for loan help, their interest rate is very low..

Pep sent out Joe Hart on loan because he wanted a certain type of goal keeper for Man city and wanted to play from the back, that is not to say Joe Hart isn't good, matter of fact Pep was even benching Aguero at one point and sought alternative options.

Prepayment penalties can be found in almost every type of loan, but they're especially relevant to mortgages because home sales and refinances are so common.

One type of loan is in the news now because some believe it is predatory.

Because of the particularly high interest rates that many credit cards carry, financial advisors recommend focusing on paying down this debt before other types of loans.

On the other hand, transferring credit card debt to an installment loan can improve your credit score because it lowers your credit utilization ratio and diversifies the types of credit on your credit report.

This is because these loan types are associated with layaway plans and «loans of last resort», which tend to default at very high rates.

Payday loans are one of the most flexible loan types on the market because they allow you to pick and choose exactly what you need.

Finding a credit - builder loan can be a bit tougher than traditional types of loans because not all banks and credit unions offer them.

And because this type of loan does not require a credit check, nearly everyone who applies for a payday loan is approved.

Even folks with good credit histories keep their fingers crossed when applying for various types of home loans because of the tight qualifications.

HELOC also appeal to many people because it offers bigger loan amounts and lower interest rates than credit cards and other consumer loans, but before you can qualify for this type of loan, you need to have at least 20 % equity on your home.

More and more I am talking to recent college grads that are not able to pursue jobs in their desired fields because they have to find any type of employment to service the student loan debt.

Because private institutions offer these types of loans, they — and not the federal government — are in control of the fees they get to charge student borrowers.

Online unsecured loans are advantageous for the borrower because there is a heightened sense of competition that is prevalent among the Internet financial sector, which means that lenders and lending institutions that do their business online often offer greatly reduced rates of interest for borrowers of all credit types when they choose to take out their unsecured loans via the Internet.

Because the money is locked away, this type of credit - builder loan is considered a secured loan and typically comes with a lower interest rate than an unsecured loan.

Because these types of loans typically have a relatively lower interest rate, you may not need to pay them down as aggressively — plus some, like student loans from the government and a mortgage may offer some tax benefits.

Because of the competitive rates that are available through VA - approved lenders, these types of loans can provide a number of different benefits for borrowers.

This is important because not every type of loan can be catered for.

The reason behind these name variations is because the money loaned through this type of financing is pulled from a source of «hard» cash held by a private, direct lender in Palm Springs.

Contact Information: White Star Mortgages 7a Sandyford Business Centre Blackthorn Road Dublin 18 Ireland Mortgages Direct - They offered mortgage loans with past judgments, arrears and bad credit history in the past (We listed this lender because they may once again offer these types of loans in the future, but there is no guarantee).

Lenders actually want you have a few different types of loans, called a credit mix, because it shows them that you're able to successfully handle various types of payments like a house payment, credit card payment, and a car payment.

These types of loans are attractive because the borrower can usually have the money in their account within 24 hours of filing.

Often, this is the federal loan type, where the amount required to buy out the debt is lower because of the lower rates of interest applied to government supported financial aid.

Basically, a new fee won't be applied to the loan because there are no rollovers with this type of loan.

Many homeowners choose the VA Cash - Out refinance option over other types of loans because of the ability to repay the loan over a longer period of time, and typically, the VA Cash - Out refinance option comes with a lower interest rate.

It's even better if you also happen to have a mortgage or a car loan and you're making regular payments every month on that because you are showing you can handle different types of credit, not just credit cards but also these so - called installment loans, correct?

One reason for this is because these types of loans are easy to apply for.

The reason a credit builder loan is so much better than any other type of product is because it helps you save money while you build credit.

You'll want to monitor this number because high credit scores help you qualify for loans and better interest rates when you begin to look into other types of loans (e.g., auto loan, mortgages, etc.).

Pritchard pointed to mortgage inquiries from credit unions and finance companies as particularly prone to misclassification because other types of loans are originated out of the same offices.

It is important to note that because all schools do not participate in the Perkins loan program, you should check with your college or university's financial aid office in order to be sure that they do — especially if you plan to apply for this type of loan.

Most borrowers will potentially achieve some type of loan forgiveness because they are on an income - based repayment plan.

The TALC is a useful tool when comparing one reverse mortgage quote to another because these types of loans can vary in terms of features, benefits, and cost.