Sentences with phrase «after the grace period»

If after the grace period ends and there is still not payment made, the policy will be terminated.
The policy will stand lapse in case the holder fails to pay even after the grace period.
This allows graduates to make 12 interest only payments after the grace period — the time after graduation in which borrowers don't have to make payments on their loans.
Thus, according to the court, the previous course of conduct did not create a reasonable expectation that premium payments would be accepted after the grace period expired.
If an accident occurs even one day after your grace period, you are on your own, without any coverage from your prior policy.
This rate is the amount of interest will be added to any balance that remains on your card, after your grace period for payment expires.
The rent is due on the 1st, but the late fee doesn't kick in until after the grace period ends on the 5th.
The borrower will only start making payment and accrue interest after the grace period, which is six months after graduation.
Borrowers who may have deferred their private student loan principal and interest payments while in school enter repayment after their grace period.
Interest charges will start to accrue after the grace period passes, and those charges can get quite expensive over time.
Since finance charges are assessed on the balance left on your account after your grace period is over, paying it in full will help you avoid extra fees.
This will give you an idea of what to expect after the grace period.
This would include after your grace period ends following graduation, any time you cease to be at least a half - time student, and following deferment or forbearance.
Both repayment plans require full principal and interest payments per the agreed upon terms after the grace period ends.
However, the higher in - repayment interest rate will be applied to estimate the weighted average fixed rate after your grace period has ended.
If the insured fails to pay his premiums in the first 3 years then, his plan is subject to terminate after the grace period.
And even if you currently have physical damage coverage, it will be removed after that grace period unless you add the vehicle.
On the other hand, whole life policies have cash values that steadily increase over time and may be accessed in part or in full after a grace period.
If you stop paying, then all the benefits that you have been leveraging from the policy will tend to stop after the grace period expires.
If you want to renew your insurance after the grace period, the insurer will ask for a declaration of good health and may conduct medical tests if needed.
The policy for which the benefits to the insured have been terminated because of non payment of premium amount on the due date or even after the grace period.
This is important — just because you don't hear from your lender doesn't mean you don't have to start making payments after your grace period.
After your grace period expires, you'll need to choose a repayment plan.
While they can choose to start paying interest until after the grace period, all interest is added to the principal balance at the start of repayment.
But consistent with the other loans, this type of loan has a fixed interest rate of 5 % after the grace period ends.
Lapsed Policy: If a policyholder fails to pay the premium on or prior to the due date, and doesn't pay the premium after the grace period too, the insurance provider ceases all the benefits provided by the insurance cover and abolishes it for the reason of non-payment.
APR stands for «annual percentage rate»; it's the interest rate charged to credit card balances after the grace period for new transactions expires.
If you have any remaining balance on the card after the grace period, the credit card company will charge you interest based on the average daily balance, and you forfeit your grace period.
A policy will only lapse after a grace period has passed, and most companies will allow their clients to reinstate their policies for a short period after the policy has lapsed without further underwriting.
If the premium payment remains overdue after the grace period as well, the policy is considered as lapsed.
NOT, you MUST kill unbelievers in Mecca, but you can, you are allowed to, BUT only after a grace period is over and only if there's no other pact in place and only if they try to stop you getting to the Kaaba, and only if they attack you first.
I let potential renters kmow that I send out the 5 day notice the day after rent is due (or the day after the grace period if I have one in my lease) and if payment is not made during that time and fees are assessed for the eviction that those fees are transferred to the tenant.
On the backdrop of this, Governor Ambode said the Security Council decided that all tank farms be given a 90 - day grace period to build loading bays for their tank farms, with a caveat that any tank farm that fails to provide a loading bay after the grace period, would be shut down by the state government.
If circumstances prevent you from re-enrolling in school and you can't repay your student loan after the grace period ends, you have some options.
You can only use the grace period once per loan, so if you go back to school after your grace period ends, that loan will not be eligible for a second grace period upon graduation from the subsequent program.
You don't have to pay it off now, but if you have the money, it's a good idea Otherwise, your accrued interest will be capitalized after your grace period and then added to your total loan, which increases your debt.
After that, if you still don't meet the balance requirements after the grace period, you'll be moved to a lower tier or lose your Preferred Rewards benefits.
If you make a credit card purchase and later return it, you are retroactively not charged interest on the amount, even if the return occurs after the grace period.
Although foreclosure proceedings generally render a 3 - month notice before an eviction, what is your plan after this grace period ends?
Also: In the past Amex used to prorate the Annual fee if you cancelled after the grace period — so you could push it another month or two for a few bucks more.
Thereafter, the Life Insurance Company provides an option to the policyholder wherein he / she can make the policy in force only during a specific period after the grace period.
If your policy lapses and you die after your grace period ends, you are no longer insured and your beneficiary will receive nothing.
If the policyholder does not pay due premium amount even within this time then after the grace period is over the policy lapses and can be only revived as per the rules and regulations and on the grounds of genuine reasons within two years of a policy lapse.
Policy Revival is possible for up to 2 years from the date of policy lapsing owing to missed premiums even after grace period gets over
Microsoft is ending support for Windows XP on April 8, 2014, and we know that Windows XP won't even function after the grace period if it can't activate.
After a grace period of two to three months expires, the mortgage company buys a homeowner's policy from Assurant or another carrier and bills the homeowner at their next mortgage payment.
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