Sentences with phrase «high default rates on»

It sounds as if the private teacher preparation system in Texas comes very close to the scandalous and very expensive (to students, parents, and the federal government - through very high default rates on guaranteed student loans) «private college» system which is currently being forced to clean up its act.

Due to the fact that borrowers experienced a much higher default rate on taxes and insurance when 100 % of the funds were taken at the initial draw, HUD changed the method by which the funds would be available to borrowers which no longer allows all borrowers access to 100 % of the Principal Limit at the close of the loan.

The proposal to lower down - payment requirements is of particular concern given the higher default rates on these loans and the difficulty of setting prices for new products whose risks may not be well known.

Not exact matches

The school network has high attrition rates and numerous cases of families defaulting or falling behind on tuition payments.

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

According to a report by the Government Accountability Office, borrowers 65 and over are defaulting on their loans at a much higher rate.

It's unsecured, which means a higher interest rate because there's no property for the lender to seize if you default on the loan.

As you can see from this data, the penalty / default rates are at the minimum 7 - 8 % higher than the worst rates you would normally see on your credit cards.

In fact, you often end up earning way more $ $ $, at higher interest rates, as I did on 2 of my defaulted investments.

Feature on Voya's research study revealing a high automatic enrollment default savings rate does not deter participant enrollment, contrary to most employers» outlooks.

Default on your mortgage and every future lender will either deny you credit or charge you much higher rates... and rightly so.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Floating - rate loans» low credit ratings indicate greater potential risk of default relative to investment - grade bonds (though default rates for floating - rate loans historically have been lower than on high - yield bonds).

Although he says he is not sure whether the market will suffer $ 10 billion or $ 30 billion in defaults, he is certain that there will be a panic at the margin, and Muni bonds from the highest - rated on down will fall, in part because other investors tend not to step to invest.

The best way to stay out of default is to avoid taking on high - interest rate, long - term car loans — which creditors often market to low - income, poor credit score consumers.

Those higher interests rates increase the financial burden on your country, and that in turn makes default more likely.

Such options often include local automobile dealers and / or local finance companies which are likely to charge them higher interest rates to offset the higher risk of them defaulting on loans.

For older borrowers who rely on student loans to finance their own education, government statistics show their default rate is much higher than that of younger borrowers.

Since 1970, when they began tracking defaults, the rate is even lower at 0.07 %.2 Compare that to global corporate bonds, which defaulted at a 2.06 % rate in 2016.3 It's important to note that the overall muni rate remained that low despite 2016 having the highest municipal defaults volume on record, all related to Puerto Rico.

The company, whose best - known subsidiary is The University of Phoenix, has come under government scrutiny on grounds that it recruits under - qualified students who later default at a high rate on their government - subsidized loans.

The Syracuse Post-Standard ranked the Upstate New York colleges where students were least likely to get a degree, and had the highest rates of default on their federal loans.

In 2006, a U.S. Department of Education report noted that black graduates were more likely to take on student debt, and in 2007, an Education Sector analysis of the same data found that black graduates from the 1992 - 93 cohort defaulted at a rate five times higher than that of white or Asian students in the 10 years after graduation (Hispanic / Latino graduates showed a similar, but somewhat smaller disparity).

[2] More recent work that tracks debt outcomes for individual borrowers documents that the main problem is not high levels of debt per student (in fact, defaults are lower among those who borrow more, since this typically indicates higher levels of college attainment), but rather the low earnings of dropout and for - profit students, who have high rates of default even on relatively small debts.

Riskier loans command higher interest rates than safer loans because of the greater chance of default on the repayment of the risky loan.

They find that the higher the percentage of public employee who are unionized, the greater risk investors see of the state defaulting on its bonds, resulting in higher interest rates

On average, students who attend for - profits have poor graduation rates, high loan - default rates, and dismal job prospects.

For example, the yields on CCC - rated high yield bonds are quite low on a 10 - year basis given the historically higher default rates in this low - quality portion of the market.

For younger students, who do not have sufficient credit history, monthly payments on private student loans could be hardly bearable, as the interest rate set by lenders is typically very high to offset potential risk of default.

That's also a list of countries where investors are unsure they'll be paid back par on their bonds, so the high rates reflect significant default premiums.

Defaulting on a loan will cause a substantial and lasting drop in the debtor's credit score, as well as extremely high interest rates on any future loan.

Obviously someone within the FHA knows that you can not make a mortgage loan to low score borrowers while seeking low mortgage default rates as FHA has refused to lower the Upfront Mortgage Insurance Premium on each mortgage originated from the current 1.75 % as they know they will have higher mortgage default rates with the lower FICO score borrowers.

For example, those who carry high average balances on credit cards tend to default at a much higher rate.

If the default rate on your new credit card is higher than the interest rate you were paying on your old one, a balance transfer may not be a wise financial decision.

If the borrower has low credit, the creditor charges a higher interest rate premium due to the risk of default, especially on uncollateralized debt.

If you default on a payday loan they may charge you additional admin fees that push the annualized interest rate even higher!

As you can see from this data, the penalty / default rates are at the minimum 7 - 8 % higher than the worst rates you would normally see on your credit cards.

However, a slightly higher interest rate is much less damaging than a defaulted student loan or multiple loans showing 60 days past due on your credit report.

Since 1970, when they began tracking defaults, the rate is even lower at 0.07 %.2 Compare that to global corporate bonds, which defaulted at a 2.06 % rate in 2016.3 It's important to note that the overall muni rate remained that low despite 2016 having the highest municipal defaults volume on record, all related to Puerto Rico.

Bad credit student loans already have high interest rates compared to regular student loans but if you also default on the loan, you can incur in penalty fees and additional charges.

Generally speaking, a better credit history will result in a lower interest rate on the loan, whereas a credit history with past due payments, previous defaults, and collections will often lead to a higher interest rat, to offset the lender's increased risk in offering credit to a borrower with poor credit.

If you sell out of high - yield bonds now because you're worried about defaults, you could miss out on potential gains if the economic growth improves or if rates stay the same.

On the other hand, floating rate loans tend to be lower - quality bonds with higher default risk.

When you have a high credit score, you're often granted a lower interest rate because it's far less likely you'll default on your loan.

This theory, based on the assertion that home buyers with little personal investment in their homes stand to default on home loans at a higher rate than those who've made the 10 % to 20 % down payment plus closing costs required for conventional mortgages.

Fixed rate mortgages have the lowest costs; adjustable rate mortgages have the highest, since rising rates might crimp your ability to make payments later on, thus increasing the possibility of default.

Ideally when the interest rate is high on the current credit card one holds, at times the monthly payments may extend or the amount that is paid is high, which at times consumers are not able to keep pace with and tend to default in their payments, leading to a dip in their credit scores and a negative...

Credit oriented funds typically have higher accruals and are relatively low on interest rate risk, but one can incur high losses in case of default.

Across the border, home owners are defaulting on their mortgages in record numbers because they loaded up on mortgage debt at teaser rates and are unable to make mortgage payments when the rates reset at a much higher level.

You don't want to put all your money into a single bond, since there is a risk of default even on the highest rated bonds.

Prior to the CARD Act When a cardholder bounced a monthly payment check, missed a payment, was late on a payment, or went over their credit limit, a higher APR known as a default or penalty rate was assigned to their credit card account.