Sentences with phrase «as guarantor loans»

Some companies offer special deals for those with poor credit history such as guarantor loans so don't worry as there are still options available to you.

Not exact matches

Unlike a lender, Great Lakes does not initiate any of the loans it services, but rather acts as the intermediary and guarantor between the borrower (you) and lender (the federal government or a private company, depending on your loan type) once the loan enters repayment.

The charlatans selling off instruments composed of risky home loans pulled a fast one, leaving Uncle Sam as guarantor holding the bag - while they walked away holding the money from the sales of the investment instruments.

Dauda had also testified that Aso Savings and Loans Ltd had stood as guarantor to Abuja Urban Mass Transit when they obtained a loan of N1.8 billion from the former Oceanic bank for the acquisition of new buses.

Nwagu allegedly took a loan of N8, 433,547.00 from a licensed money lender, and further introduced seven others who jointly took loans from same lender, with Nwagu standing as guarantor.

The Congressional Budget Office estimates that the 2010 reforms will save the government $ 61 billion over 10 years from payments now going to the private banking industry and nonprofit entities such as American Student Assistance (ASA) in Boston, one of the nation's 34 guarantors of the government - insured private loans.

WASHINGTON — As the Clinton Administration readied its direct - loan and national - service legislation last week, guarantors, bankers, and secondary market officials began pitching alternative proposals to reform — not scrap — the current student - loan system.

By acting as a partial guarantor or «co-signer» for the school's lease or loan payment obligations, IBBF is used to induce, leverage and partially secure funding from private capital investors and traditional banking sources (landlords and lenders) to provide a 100 percent financed facility at an affordable cost to the charter school borrower.

All guarantors and most major student loan lenders and servicers (including servicers for Perkins, private / alternative, and institutional loans), as well as the Department of Education, participate in the Clearinghouse.

Lenders will grant a guaranteed loan if you agree to be personally responsible, if another individual agrees to act as guarantor or if another entity, such as the Veteran's Administration, guarantees the loan.

People who are homeowners are generally preferred as guarantors, but some loan providers also accept tenants.

Guarantor loans often have lower interest rates than payday loans so they can help you save more money in the long run (as long as you make your repayments).

Should reduction of monthly payments may not be right for you; you may consider talking to your family members or close friends who have good credit, asking them to act as a guarantor or a cosigner on your loan application.

No such things as jewelry, furniture or a car become a guarantor for your personal loan.

A cosigner acts as the guarantor on the loan, promising to make the loan repayments in the event the borrower is not able to.

On the plus side, private lenders are pretty flexible about who can serve as the guarantor of your loan agreement.

Information that we collect from you during your relationship with us, our affiliates or others (such as student loan lenders, guarantors, servicers and the U.S. Department of Education), such as your loan balance, repayment history and any other parties involved in your transaction (s), such as a creditworthy co-signer or another.

The best no guarantor loans will have low APR and interest, as well as allowing you to pay back the money sooner if you can.

It is often more expensive to obtain a no guarantor loan that a guarantor loan as there is a higher risk for the lender.

Guarantor loan lenders will often agree to lend you more money for more time as they know they will definitely get the assets back either way.

I have unpaid student loans (all federal, with my University as the guarantor / cosigner) around 50K.

Sometimes referred to a co-signer, the co-applicant can serve as a guarantor of the loan if the primary applicant defaults.

American Student Assistance ® (ASA)-- known as the Massachusetts Higher Education Assistance Corporation (MHEAC)-- becomes a guarantor in the federal student loan program.

ASA ® continues its role as a federal student loan guarantor, proactively reaching out to borrowers at risk of delinquency and default, and helping avert over $ 120 million of loan defaults.

Business debt accumulates just like personal debt and if your business doesn't produce as much income as needed to meet your monthly payments, then you may incur in personal debt too either because you are a guarantor of the company's debt or because you take a loan yourself to fund your business.

To obtain a short - term cash advance loan without a guarantor or collateral, you'll likely need to meet the lender's minimum income requirement, as well as showing you have held your current employment for at least 90 days.

As of July 1, 2010, guarantors are no longer needed for any federal student loans.

If a friend or family member signs a guarantee on your behalf, they are known as the guarantor of the loan.

When you sign your name as a guarantor, you are legally responsible for paying back the entire loan if the other person can not or will not make the repayments.

If you sign a guarantee for a friend or family member, you are known as the «guarantor» of the loan.

If you're using loans as evidence of income, landlords will generally require a co-signor or a guarantor on the lease.

John appeared for the same lender as junior counsel in a case in the High Court in which it proved that a guarantee and sundry personal loans were enforceable notwithstanding the guarantor / borrower's allegation that her consent to enter into them had been procured by undue influence.

In this case, the interest rate is going up not because the guarantor is released, per se, so much as because the loan can't be refinanced without the guarantor / co-owner's consent which might not be available.

If this is the case, the guarantor has immense leverage to force a buyout of her interest, even if she doesn't have a legal right to do so, because otherwise, she can effectively prevent the loan from being refinanced and can force the house into foreclosure if she doesn't co-sign a new loan, since all co-owners need to sign (as a matter of commercial reality) to get any mortgage loan.

In instances where loan problems can not be resolved amicably, our lawyers work with our skilled litigators in the prosecution of foreclosure actions, as well as note collection suits and guarantor litigation.

With its security for the loan consequently lost, the bank sued AK in a personal capacity as guarantor of the loan made to Kel.

Borrower and Principals» Identity / USA Patriot Act & OFAC As a condition to funding, we must receive and approve our Borrower / Principal Certification form, completed and executed by Borrower, the Principals and any guarantors of the loan, together with all other information and documentation concerning the identity of the Borrower, its direct or indirect owners, the Principals, any guarantors and all persons or entities related to the foregoing as we may require in connection with our compliance with the USA Patriot Act of 2001, the laws administered by the U.S. Treasury Department's Office of Foreign Assets Control or any similar or related law, rule or regulatioAs a condition to funding, we must receive and approve our Borrower / Principal Certification form, completed and executed by Borrower, the Principals and any guarantors of the loan, together with all other information and documentation concerning the identity of the Borrower, its direct or indirect owners, the Principals, any guarantors and all persons or entities related to the foregoing as we may require in connection with our compliance with the USA Patriot Act of 2001, the laws administered by the U.S. Treasury Department's Office of Foreign Assets Control or any similar or related law, rule or regulatioas we may require in connection with our compliance with the USA Patriot Act of 2001, the laws administered by the U.S. Treasury Department's Office of Foreign Assets Control or any similar or related law, rule or regulation.

Collateral is a property also known as security which makes you eligible for having loan or credit card and does not require any guarantor in turn.

Acts as a Guarantor for Loans for funding your Child's Higher Education Higher education is expensive, whether one plans to send the child to a private college or university in India or overseas.

Back in June, LeEco received a $ 140 million loan from a lending company called Mesa West to buy Yahoo's Santa Clara land and put Faraday Future down as the guarantor for the loan, according to sources familiar with the deal speaking to Jalopnik under conditions of anonymity, and internal company documents.

Are there lenders that would do 80 % or higher LTV on 30 yr fixed mortgages with my LLC and myself as either a personal guarantor or a co-borrower on the loan?

Would it be advantageous for loan qualification purposes to become a co-borrower on a mortgage with my LLC (as opposed to a guarantor)?

The United States Department of Agriculture is often overlooked as a loan guarantor, but they have a program to guarantee mortgages in «rural» areas around the country.

However, as a carve - out guarantor, one must be cognizant of the obligations and rights afforded under the loan documents and take extra caution to avoid inadvertently triggering recourse obligations.

or 3) Talk to your loan officer, discuss your situation, and see if they're willing to either let you do the title change with you as a personal guarantor (or assign the loan to the LLC).