Sentences with phrase «back the money borrowed»

Just like your car or college loan, you will pay back the money you borrowed from your lender (most likely a bank) with interest — a percentage of the principal that you borrowed.
Knowing which route to choose rests largely on your answer to the question of how quickly (or not) you can pay back any money you borrow.
Once your emergency has passed, and you have paid back any money you borrowed, it's a good time to set up a new savings account with automatic monthly deposits, so that you'll be better prepared for whatever the future brings you.
It is always a better option to leave the risk with financial lending institutions, if you have any doubts whatsoever of paying back the money borrowed from those close to you.
Yee, for instance, has every intention to paying back the money she borrowed from her RRSP.
By demonstrating that you can pay back the money you borrow, in small or large amounts, you are establishing your credit history or credit worthiness which is reflected by your credit score.
If they fall, you still have to pay back the money you borrowed.
You then pay back the money you borrow, usually at a fixed interest rate, each month, much like you do with your first mortgage.
As long as you have a steady income and resources to pay back money borrowed on time, a cash advance from a short - term loan company could help you out faster than your own bank, as most operate 365 days a year and can get cash to you quickly, some even operating 24 - hours a day.
Remember, success isn't guaranteed and if your business fails, you'll still have to pay back any money you borrow.
, although payday loan debt might seem different than standard personal loan or credit card debt, they work the same way if you're unable to pay back the money you borrowed.
An Open mortgage is one where you can pay back the money you borrowed at any time, without penalty.Choosing a fixed - rate allows you to lock - in a set mortgage payment each month for the length of the term, without worrying about fluctuations in the bank's prime rate and the Bank of Canada's overnight rate.
If you do change your mind you'll need to pay back any money borrowed and return (or make alternative payment arrangements) any linked goods, eg, a cooker purchased with a store's loan.
Once the loan comes due, graduates must pay back the money they borrowed in monthly installments that include interest.
It shows the bank, credit union or credit company you can be trusted to pay back the monies you borrow.
As long as you pay back the money you borrow within the «grace period» of 25 - 30 days, you don't have to pay extra.
Tidewater Community College has the right idea with having students put together a financial plan that involves paying back any money borrowed.
As with federal student loans, you'll have to pay back the money you borrowed, plus interest.
Investors who get a margin call are forced to come up with cash to pay back the money they borrowed, usually by selling more stock.
Your credit score doesn't measure if you can afford something (if you are needing to borrow then it is clear that you can not afford it at this moment or else you would just pay cash for it); it measures your ability to pay back money you borrowed.
So the USA doesn't EVER have to pay back the money we borrowed from US citizens or foreigners who bought our debt!!!
The loan servicers and banks make money is you simply follow the terms of your loan agreement and pay them back the money you borrowed.
The most important part about building credit is demonstrating you can pay back the money you borrow to prove to creditors and lenders you consistently and responsibly manage debt.
The answer is because they want to have a personal guarantee that you are going to pay back the money you borrow.
You can pay back the money plus accrued interest or, if you choose to not pay back the money borrowed, it will simply be deducted when the policy's death benefit is paid, or else deducted from the cash value when the policy is cashed in.
However, keep in mind that borrowing your cash value from your policy is not always the best choice because you will have to pay back that money you borrowed other wise you will end up minimizing your death benefit.
This protects the bank in the event that you die and can no longer pay back the money you borrowed.
By 1991, all three credit reporting agencies were using a FICO model to generate a number between 300 - 850 that quantifies an individual's ability to pay back money borrowed.
Then you pay back the money you borrowed, plus interest, and profit from the difference.
For more than a century, rating companies have published information helping investors gauge the likelihood that companies and governments will be able to pay back the money they borrow.

Not exact matches

It's the same kind of resentment that builds up when you've borrowed money from someone and you know that you can't pay it back.
By making lending cheaper, consumers, corporations and governments would be able to borrow money inexpensively and put those dollars back into the economy, whether by buying goods or investing in businesses.
He recently heard from a couple who borrowed $ 100,000 via a paralegal posing as a broker, who then convinced the couple to give the money back to him so he could invest it on their behalf.
Repak: While borrowing from friends or family is better than borrowing from a bank and especially those high - interest payday loans, only lend money if you're fine with never getting it back.
When it is time for either college or retirement, the policy holder can borrow money from the cash value and pay it back with the death benefit when they die.
Graduates who borrowed money to pay for college will have to evaluate how best to pay back their federal and / or private loans.
He takes the borrowed money and pays you right back for the house.
In return, they issue you a secured credit card that has very limited credit but provides a sensible way to prove you're capable of borrowing money and paying it back on time each month.
Credit allows us to borrow money with the promise we'll pay it back at the end of the month or pay a fee in the form of interest.
You can borrow money against your retirement account under some circumstances, but financial advisers say such borrowers often struggle to get back up to speed on their retirement savings — in other words, their past over-saving leads to future under - saving.
Though the National Front has had trouble raising money for the campaign (Le Pen had to borrow money from her estranged father) and she has also been ordered to pay back over # 250,000 to the European Parliament over fake EU parliamentary assistant jobs — none of it seems to have an influence on the determination of her supporters.
The financial portion of your cash flow statement includes items like loan or credit line obligations (repayment from borrowing money), issuing or buying back stock, and any cash dividends.
So remember that you're still borrowing this money, and are responsible for paying your balance back.
Financially parasitized companies use corporate income to buy back their stock to support its price — and hence, the value of stock options that financial managers give themselves — and borrow yet more money for stock buybacks or simply to pay out as dividends.
It's all part of the phenomenon of repressed yields and cheap credit: Companies are borrowing large amounts of money to buy back their own shares and to buy out each other, instead of funding investments in productive activities.
Typically, the loan will be paid back over a set period of time, known as the loan term, and you'll be charged a percentage of the remaining balance in interest each month as a cost of borrowing the money.
When you take out a loan, you're borrowing money from a bank or other institution with an agreement in place that dictates how you pay the money back.
Firstly, all loans have consequences if you borrow the money but then refuse to pay it back.
A 30 - year fixed mortgage basically means that you will have 30 years to pay back the money that you borrowed from the lender.
The political message is that they — backed by wealthy bondholders and depositors — should have monetary power to decide whether or not to fund governments, whose spending should be financed by borrowing, not by fiat money creation.
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