Sentences with phrase «over the course of your loan period»

When you borrow money conventionally you have to: (1) pay back the loan by some definite date; (2) pay the lender interest on the money borrowed over the course of the loan period; and (3) put up adequate collateral until full repayment of loan has been made.

Once these documents have been approved, LoanMart will factor out how much you'll be able to receive and how much you'll pay over the course of your loan period.

Not exact matches

Undergraduate borrowers can get up to 18 months of forbearance over the course of their loan terms, in periods of up to six months at a time.

Personal loans, however, are a much larger commitment since they are paid off over the course of years instead of weeks and require that you manage your money well over a long period of time.

Based on vehicle equity and the ability to repay the loan, LoanMart allows users full - use and funding, while they take over as lienholder on the vehicle title as a form of collateral, but only over the course of the repayment period.

In contrast, car title loans are more generous in terms of loan amounts (up to several thousand dollars) and the amount can be paid back over the course of a much longer period.

So even at a lower interest rate, an extended term can lead to more interest paid over the life of the consolidation loan or card and a longer period of time during which to pay it compared to continuing on your current course.

Use a loan calculator to estimate how much total interest will accrue over the course of the repayment period.

Before a loan can be officially modified, the homeowner must make on - time payments over the course of a three - month trial period.