Other borrowers worry about family members who cosigned the loans and are still on the hook for repayment.
Not exact matches
If a protected life event happens to you (and you're a protected
borrower or co-
borrower on the loan), Debt Protection will cancel or reduce repayment of your loan debt — helping to lessen your
worries, and your family's
worries, about paying loans during a time when your income may be reduced or lost and paying
other household bills becomes challenging.
But
others worry that passing the PROSPER Act will limit many
borrower's options for repaying their loans upon graduation.
While some lenders might be
worried that
borrowers with student loan debt might not be able to handle monthly mortgage payments, Fannie Mae is anticipating that the mortgages originated under the new guidelines will have low default rates since applicants must still meet regular credit score and
other underwriting criteria.
If a protected life event happens to you (and you're a protected
borrower or co-
borrower on the loan), Payment Protection will cancel or waive your loan payment (s), up to the contract maximums — helping to lessen your
worries, and your family's
worries, about paying loans during a time when your income may be reduced or lost and paying
other household bills becomes challenging.