Sentences with phrase «total dollars loaned»

Total dollars loaned fell by 40 percent, to almost $ 2 billion.

Not exact matches

Once the business owner sends the fee, which can total up to several thousand dollars, the loan never materializes.

The New York Times reported on Wednesday that the private equity firm Apollo Global Management and Citigroup extended loans totaling more than half a billion dollars to Kushner Cos last year after their officials held separate meetings with Kushner.

The average college graduate owes roughly $ 25,000 in debt, and the total student loan debt is now greater than a trillion dollars.

And, use of APR may be most helpful when comparing loans of similar term, but it's always a good idea to also ask about the fees, the total dollar cost of the loan, and prepayment policies.

Have your lender explain your cost as cents on the dollar (you pay back 7 cents for every dollar borrowed) or as the total cost of the loan.

In fact, the majority of the small businesses surveyed by the ETA look to minimize the total dollar cost of a loan when inventory financing, or facing any short - term ROI opportunity.

There are certainly costs associated with borrowing that need to be considered, but if the total dollar cost of the loan enables the business to generate additional profits, it could be a good decision — provided the numbers make sense for your business situation.

Along with asking about the APR and fees, it's also important to know what the total interest cost — or total dollar cost of the loan will be.

It might sound counterintuitive, but there are situations where the total dollar cost of the loan might best help you fit the loan to a particular business need or use - case.

APR, or the Annualized Percentage Rate, does not provide the total dollar cost of a loan and is only one metric to compare a small business loan.

Short - term loans will likely have a larger periodic payment but the total dollar cost will usually be less.

The two most identified loan purposes of the small businesses participating in the survey were to purchase equipment (54 percent) or to purchase inventory (51 percent)-- both purchases tend to be very total dollar cost sensitive.

Refinancing your student loans is easier than you think and many Millennial Money readers have refinanced, saving hundreds of thousands of total dollars in interest.

now services loan balances totaling more than half a trillion dollars.

Most of the time, these loans are most advantageous for those with many debts or a large debt with a high total dollar amount (one that exceeds $ 10,000).

The guarantee fee is based on the loan's repayment terms and the dollar amount guaranteed, not the total value of the loan.

Total public development aid (including loans repayable at below market rates) has not exceeded 45 billion dollars in recent years.

According to the economist, the total cost of infrastructure from loans, grants and taxes from 2009 to date, is less than 7 billion dollars.

A consortium of some foreign and Nigerian banks, including Guaranty Trust Bank, Access Bank and Zenith Bank, have been having a running battle with the mobile telephone operator, over a loan facility totalling 1.72 billion dollars (about N541.8 billion) obtained in 2015.

Singh, 59, of Laurel Hollow, pleaded guilty to bribing Edward Mangano and Venditto in exchange for county contracts totaling hundreds of thousands of dollars and town - guaranteed loans totaling more than $ 20 million.

Singh, 59, of Laurel Hollow, who testified in the trial's first four weeks, pleaded guilty to providing Mangano and former Oyster Bay Town Supervisor John Venditto with bribes in exchange for county contracts totaling hundreds of thousands of dollars and town - guaranteed loans totaling about $ 20 million.

Speaking at a public lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired by Former President John Agyekum Kufuor, Dr. Bawumia revealed that, the total cost of infrastructure from loans, grants and taxes from 2009 to date, is around 7 billion dollars, whereas government has borrowed in excess of 39 billion dollars.

In 1970 — 71, there were only a relative handful of federal student aid programs, and total aid, including loans, amounted to just $ 16.5 billion in 2015 dollars.

Federal student - aid programs have expanded sporadically in the decades since, and today, 9 out of every 10 student - loan dollars nationwide come from the federal government, totaling $ 96 billion in 2015 — 16 (see Figure 1).

Between 2015, when Corinthian shut down, and the end of 2016, 28,000 people had their loans forgiven under the program, totaling more than half a billion dollars.

Although Capital One mentions that borrowers should expect to pay 2 % to 5 % of their total loan amount in closing costs, it doesn't give a dollar estimate on its individual lender fees — information that most major banks do provide.

While lowering your interest rate is always good, if you increase your loan term at the same time, then you may increase your finance charge, or the total dollar amount you pay loan over the life of your mortgage.

If you haven't heard by now, the student loan crisis is beginning to spiral out of control, with a total student loan debt in the US of roughly 1.3 trillion dollars.

The typical VA loan has not only become easier to obtain, but also larger in total dollar amount.

7 out of 10 students are graduating with student loan debt and the total amount of outstanding student loan debt is over 1.3 trillion dollars.

Both types of loans charge interest that can add thousands of dollars to the total cost of the loan.

For this reason, a lender may opt to charge 20 % for on every $ 100 dollars borrowed, translating into $ 20 total for every $ 100 and $ 140 for a $ 700 loan.

The total interest you pay over the life of the loan is a big figure, and a low rate can save you thousands of dollars.

The bank's analysts also found that credit cards, student loans and auto loans have driven total consumer debt increases ever since the late 1980s, when the vast majority of borrowed dollars were for home loans.

By deferring your student loans or going in forbearance on them, interest continues to accrue and could end up adding hundreds or even thousands of dollars to your total.

A few years ago Federal loans to students topped one trillion dollars, surpassing total credit card debt in the U.S..

To obtain the best online loans in the industry, you must also meet the strict revenue requirements, which likely totals less than one million dollars made each year.

Refinancing for a shorter term, say 15 years, reduces the total interest paid, and increases the dollars you put toward the principle amount of your loan every month.

Have your lender explain your cost as cents on the dollar (you pay back 7 cents for every dollar borrowed) or as the total cost of the loan.

If your business has the cash flow to sustain the payments, the lower total dollar cost of capital can be cheaper, in the long run, with a short - term loan.

It will likely increase the total amount you will pay on the loan, to the tune of thousands of dollars more.

What's more, these small businesses were anticipating a 5X return for every dollar they borrowed, making the total dollar cost of the loan a key consideration for them.

The two most identified loan purposes of the small businesses participating in the survey were to purchase equipment (54 percent) or to purchase inventory (51 percent)-- both purchases tend to be very total dollar cost sensitive.

Because APR does not represent the total dollar cost of a loan, this was true even if the shorter - term loan included a higher APR than the longer - term option.

Depending upon the loan purpose, some small business borrowers chose a shorter - term loan to minimize the total dollar cost of the loan.

Requires that most categories of lenders disclose the annual interest rate, the total dollar cost and other terms of loans and credit sales.

While a 5 or 10 year loan can be extended to 15 or 20 years, this also means you will end up paying back more in terms of total dollars over time.

This can be difficult for many college students, but even contributing $ 75 a month could save a borrower hundreds of dollars over the total life of the loan.

The total dollar amount your loan will cost you.