Sentences with phrase «as the borrower makes»

A borrower's credit utilization ratio will vary over time as borrowers make purchases and payments.

The principal balance can not increase as long as the borrower makes regularly scheduled payments.

As a borrower makes payments or consolidates their loans, the changes are reflected in the NSLDS data.

As the borrower makes each payment, the business needs to record the receipt of each payment.

The funds are frozen and then released gradually as the borrower makes payments against the loan.

As soon as the borrower makes a payment, if you turn around and loan the money either to him again or to someone else, you just increased your profits on that money.

Kiva loans have a repayment period of 6 to 60 + months; you receive the amount of your loan back as the borrower makes loan payments.

As long as the borrower makes payments on time, generally the mortgage balance is reduced and the borrower gains equity.

Not exact matches

It is what makes possible the very popular 30 - year fixed - rate mortgage with a down payment that is manageable for a wide swath of creditworthy borrowers (20 %, with or without primary mortgage insurance for a conforming borrower), but also maintains other underwriting standards as well.

Instead of making monthly payments to the lender, as per a traditional mortgage, the lender makes payments to the borrower throughout their lifetime.

As more borrowers participate, the costs of protection decline, making EPMs more attractive over traditional mortgages, and thus, spurring further participation in a cycle that will eventually lead to regional housing market stabilization.

However, borrowers should keep these principles in mind as they make this decision — they should select a term length that:

Collectively, financial institutions put $ 154 million worth of home loans into the hands of white borrowers there between 2012 and 2016, even as they denied nearly twice as many home loans to African Americans as they made in the neighborhood.

Today, the President announced that his Administration is putting forth a new «Pay As You Earn» proposal to make sure these same important benefits are made available to some borrowers as soon as 201As You Earn» proposal to make sure these same important benefits are made available to some borrowers as soon as 201as soon as 201as 2012.

This special consolidation initiative would keep the terms and conditions of the loans the same, and most importantly, beginning in January 2012, allow borrowers to make only one monthly payment, as opposed to two or more payments, greatly simplifying the repayment process.

Aug 7 (Reuters)-- Shares of OnDeck Capital Inc rose as much as 17 percent on Monday after the online lender said it had made progress on a plan to cut costs and improve the credit profile of its borrowers, and expects to reach double - digit loan growth again by next year.

The regulation, known as the Payday, Vehicle Title, and Certain High - Cost Installment, requires lenders to check whether a borrower can repay the loan before making it.

It has announced plans to reconsider a rule that would have imposed restrictions on payday and short - term lenders, such as making sure borrowers would be able to pay them back, and delayed a rule on prepaid cards that increased consumer protections.

The traditional car - buying process encourages overspending, because dealers and lenders know borrowers will make the payments even as the rest of their financial lives suffer.

This type of automatic payment is also good for borrowers because, among other things, it has the potential to help a small business eliminate cash flow lumpiness by making more frequent and smaller debits on a daily or weekly basis as opposed to requiring a large loan payment on a monthly basis — although that is not the only benefit to small business owners.

According to TransUnion, over 43 % of borrowers between the ages of 18 - 36 have VantageScores of 600 or below — which makes them what is sometimes referred to as «sub-prime» borrowers.

Borrowers who select a Pay As You Earn repayment program are eligible if they have Direct Stafford Loans, subsidized or unsubsidized, Direct PLUS loans to students, or consolidation loans that do not include PLUS loans made to parents.

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

There is no prediction that can be made as to what will take place with any of the student loan forgiveness programs, but borrowers should be aware that any or all of these benefits may disappear in the future, leaving the responsibility to repay student loans fully on their shoulders.

Some commentators have gone so far as to suggest that when scheduled interest - only periods end, many borrowers will be forced onto P&I loans and will find it challenging to make the higher required payments.

That is exactly what happened, the lenders exhausted the pool of borrowers, the reflexive impact of rising demand pushing prices higher began to wane, and the virtuous cycle turned dramatically (as they always do eventually) into a vicious cycle that triggered the Global Financial Crisis and those same banks that made all the ill - advised loans were crushed by massive losses Then, yet again, what were the «Masses» doing at the peak?

As a result, in May of 2016, OnDeck helped launch an initiative of the three largest online small business lenders, and a leading national non-profit microfinance trade association (the Association for Enterprise Opportunity (AEO)-RRB-, to produce a disclosure solution that would help standardize a common set of pricing metrics and make it easier for small business borrowers to assess their options.

In her analysis, Ms. Chu estimates that at the end of 2016, as much as 22 percent of the Chinese financial system's loans and assets will be «nonperforming,» a banking industry term used to describe when a borrower has fallen behind on payments or is stressed in ways that make full repayment unlikely.

Master Servicer: As a borrower, this is who you will make payments to.

As banks retreat from lending to more risky borrowers, nonbanks have stepped in and now make up the bulk of all mortgage issuance.

As 2009 progressed, Lending Club found no shortage of potential borrowers, and slowly but surely they recruited high net worth lenders to make loans on the platform.

Until a notification is received that the loan consolidation request has been approved, borrowers should continue to make their payments as usual to their existing loans.

The lender can also provide funds in as fast as one business day, making it a good choice for borrowers who need funding quickly and conveniently.

Increased Buying Power: ROBS funding can be used as the down payment on a small business loan or seller financing arrangement — making a business owner a more qualified borrower and increasing his / her total buying power.

Just like any problem you need to solve, knowing where you stand as a borrower gives you critical information to base your decision - making process on.

A borrower is able to claim the student loan interest deduction based on voluntarily makes payments of interest during a period when such payments are not required, such as during a forbearance, deferment or grace period.

Refinancing often makes sense for Parent PLUS loan borrowers, as there's already a lack of repayment options such as income - based repayment and forgiveness.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Filing separately won't make sense for all borrowers as it means they will make much less progress on paying back their student loans.

Although payday loans are presented as an alternative to costly bank overdraft fees, the reality is that most borrowers end up overdrafting anyway, often due to the payday lender making a withdrawal from their account, and most borrowers end up paying fees for both.

(Because no new FFEL Program loans have been made since June 30, 2010, only Direct Loan borrowers can qualify as new borrowers on or after July 1, 2014.)

He is committed to making the process as easy as possible while insuring the borrower is comfortable with their loan program.

PMI enables borrowers to make a much smaller down payment — as low as 5 % on a conventional mortgage loan.

Cosigners are required to make the payments if the borrower does not whereas co-borrowers are just as responsible for the payments as the borrower.

Conversely, that means the home buyer / borrower can make a down payment as low as 3 % on such a loan.

Repayments of principal could also slow in the months immediately following an increase in interest rates, if borrowers who were making more than the contractually required repayment chose to maintain their total repayment as interest rates rose, thereby allowing the amount of principal repaid to fall.

SoFi is often identified as a company aimed at millennials, and its alternative method of assessing borrowers does make it easier for applicants with shorter credit histories and higher debts to qualify.

In today's fast paced business world more partners, lenders, and potential accounts need to make quick decisions as to which suppliers, borrowers, and partners they want to work with; decision - makers use a variety of business credit scores, indexes, and reports to discard unqualified candidates from being considered for a partnership or a loan.

The long term viability of CMBS as a major source of funding for commercial real estate finance is at risk — for several reasons — but, both servicers and borrowers can make a difference.

But as more and more borrowers felt the pinch of student loan debt repayment, a new industry was born to help make it a bit more manageable: student loan refinancing.