Sentences with phrase «be eligible for a loan as»

If you do not have perfect credit, you might still be eligible for a loan as long as you can afford the repayments.

Not exact matches

Secondly, if your small businesses or nonprofit is located in a declared disaster area and you have lost money as a result of a disaster — even if you did not sustain physical damage — you could be eligible for an Economic Injury Disaster Loan.
Your business is eligible for loans to get physical structures back to pre-storm condition and for loans to help a business owner survive through revenue lost as a result of a storm.
The Small Business Administration defines businesses eligible for SBA loans as those that: operate for profit; are engaged in, or propose to do business in, the United States or its possessions; have reasonable owner equity to invest; and use alternative financial resources (such as personal assets) first.
Yang says, «While the lien is outstanding, we try to get the borrower into the best product they're eligible for at that time, such as a short - term loan.
Unfortunately, Parent PLUS loans are not eligible for Income - Based Repayment or Pay As You Earn programs.
If you work as a federal employee such as a teacher, or for a nonprofit, you may not want to refinance your federal loans since these occupations are more likely to be eligible for loan forgiveness after making regular payments for a set number of years.
If you work full - time for a non-profit or for the government, you may be eligible for the Public Service Loan Forgiveness (PSLF) program, which forgives your remaining balance after as little as ten years of qualifying payments made under any IDR plan.
Such a business may be eligible for a small business loan of up to $ 100,000 which may be used as working capital, for marketing and start - up expenses, to acquire fixed assets or to buy a franchise.
The exception is for borrowers who enroll at an eligible college or career school, as their loans are typically placed on automatic deferment.
After your defaulted loan has been consolidated, your Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and loan forgivenloan has been consolidated, your Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and loan forgivenLoan will be eligible for benefits such as deferment, forbearance, and loan forgivenloan forgiveness.
Student loans under any federal loan program are eligible for an extended repayment plan as well.
You'll regain eligibility for benefits that were available on the loan before you defaulted, such as deferment, forbearance, a choice of repayment plans, and loan forgiveness, and you'll be eligible to receive federal student aid.
In addition, if you work as a federal employee or for a specific not - for - profit employer, such as a teachers, lawyers, or doctors, you may be eligible for student loan forgiveness after making consistent payments over a set period of time.
You may also be eligible for other benefits available to servicemembers, such as military deferment and Income - Based Repayment (IBR) for federal student loans.
A low Expected Family Contribution means you might be eligible for more financial aid, such as grants, a work - study program, or subsidized loans.
When you applied for student loans, you needed to meet specific requirements, such as being enrolled at least half time at an eligible school.
The loans eligible under this plan are the same as for the standard and graduated plans.
As of mid-2012, graduate students have no longer been eligible for subsidized loans, and are responsible for accruing interest on any loans taken out after July 1 of that year.
As with other student loans, the refinanced loan is eligible for income - based repayment, which could be helpful when your business is in its start - up phase.
If you can not afford your monthly mortgage payments and are in danger of falling behind on payment, contact your lender as soon as possible — you may be eligible for loan modification.
WHEDA Tax Advantage - Those who are eligible for a WHEDA loan can apply for the tax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credit.
The downsides of choosing the extended repayment plan are that you'll never be eligible for loan forgiveness as you would with the Pay As You Earn plan, and you'll end up paying a lot more interest over the life of the loan than you would under a standard 10 - year repayment plaas you would with the Pay As You Earn plan, and you'll end up paying a lot more interest over the life of the loan than you would under a standard 10 - year repayment plaAs You Earn plan, and you'll end up paying a lot more interest over the life of the loan than you would under a standard 10 - year repayment plan.
So, even if the program you are eligible for doesn't offer enough to pay off your loan balance, you can still benefit from other types of loan repayment assistance as you figure out how to get rid of student loans.
Some Direct Loans may be eligible for Pay As You Earn (PAYE) or Revised Pay As You Earn (REPAYE).
The 21 - year - old is also on loan in La Liga again this season, playing for Almeria as he seeks to obtain a work permit to become eligible to represent Arsenal in the Premier League.
Also proposed is a minimum GPA requirement that community college students must meet to be eligible for taxpayer - funded loans, as well as a minimum timeframe for those students to complete their degrees.
Students are eligible for their provincial government loan programs across Canada, and there are a couple of U.S. companies such as International Education Finance Corporation that offer low - interest loans to Canadians going to the United States to study.
For those doing a second undergraduate degree, a job may be the only option, as they will not be eligible for government loaFor those doing a second undergraduate degree, a job may be the only option, as they will not be eligible for government loafor government loans.
Applicants must demonstrate credit worthiness in order to be eligible for supplemental education loans such as the Federal Direct Grad PLUS Loan or loans from private lenders.
Therefore, residents will be eligible for financial aid as well as loan deferment for existing loans.
Teach For America is a member of AmeriCorps, the national service network, through which corps members are eligible to receive loan forbearance and interest payment on qualified student loans, as well as an education award at the end of each year of service.
Roughly ten percent of student borrowers default on their loans within two years of graduating, despite often being eligible for more favorable repayment terms under a variety of alternative repayment options such as income - driven repayment.
Financial aid, such as scholarships, grants and loans are also available for eligible students.
As part of its first special financing program for customers, Ford Credit India is offering eligible customers the 2015 Ford EcoSport at an interest rate of 8.99 percent per annum with a loan period of up to 60 months.
Most people with mediocre and even low credit scores may be eligible for unsecured personal loans, as lenders consider other factors outside credit performance when making loan decisions.
If you are looking for a way to pay off your existing mortgage to free up cash, you may be eligible to get a reverse mortgage loan to leverage your home's equity and pay off your existing mortgage.2 Reverse mortgages, unlike forward mortgages, do not require monthly mortgage payments for as long as you live in the home as your primary residence, maintain it in accordance with HUD guidelines, and pay your property taxes and homeowner's insurance.1
Borrowers with excellent credit are eligible for lots of juicy discount loans that carmakers offer through their lending divisions, such as GM Financial and Honda Financial Services.
If you work full - time for a non-profit or for the government, you may be eligible for the Public Service Loan Forgiveness (PSLF) program, which forgives your remaining balance after as little as ten years of qualifying payments made under any IDR plan.
If the government considers you as someone who is in need of educational financial aid, you may be eligible for the Federal Perkins Loan, if you are:
The forbearance or stopped collections will affect all of a borrower's federal loans that are serviced by a federal loan servicer (or defaulted and serviced by a private collection agency), including loans that are not eligible for a borrower defense to repayment loan discharge, such as loans taken out to attend a different institution than the one related to your application.
For example, huge swaths of California are USDA Rural Loan - eligible, as is most of the Midwest.
The forbearance or stopped collections will affect all of a borrower's federal loans, including loans that are not eligible for a borrower defense to repayment loan discharge, such as loans taken out to attend a different institution than the one related to your application.
Non-Income Qualified customers and customers qualifying as Moderate Income are not eligible for the interest rate buy down and will receive market rate loans from participating lenders.
To help with specific issues such as income requirements, non-occupant individuals may be eligible for consideration in the application of a FHA loan.
As seven years have passed, their credit histories have been wiped clean of the bankruptcy and they are now eligible for housing loans.
While every borrower will be eligible for the income - based Pay As You Earn plan later this year, only some might benefit from student loan forgiveness.
As part of our commitment to responsible lending, our basic criteria for customers to be eligible to apply for a loan is:
Special loans such as indirect loans closed at dealerships, title, restructured and boost loans are not eligible for special offers.
As part of our commitment to responsible lending, customers need to meet the following criteria to be eligible for a loan:
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