Sentences with phrase «by catching up on your payments»

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B.C. Premier Christy Clark caught almost everybody by surprise on December 15 with the unveiling of a program to give qualifying buyers no - interest loans of up to $ 37,500 for down payments on their first homes.

If, for example, you expect to be able to resume payments by a date certain and would then be able to catch up on a missed payment or two, the lender may delay repossession.

They are also used by folks who need lower payments at the beginning of their proposal, to allow them to catch up on their secured debts (mortgage, cars, etc).

During the collection process that begins after you miss a credit card payment, creditors will generally try to convince you to get back on track by making catch - up payments.

If all the information in correct, but your scores are low, you should immediately set out to improve your credit score by lowering your debt, catching up on late payments or opening a greater variety of accounts to establish more lines of credit.

By the time you miss out on your second payment, the interest rate shoots up, making it very difficult for you to catch up on your minimum payments unless you make some big changes.

You may be able to improve the score based on payment history by catching up on missed payments and making an effort to pay bills before they are due.

This may include refinancing the loan or another option proposed by your lender to help you catch up on missed payments.

By following a 3 - 5 year repayment plan, filing bankruptcy under Chapter 13 may give you the chance to catch up on late payments while keeping on top of current payments.

Chapter 13 is typically chosen by people who have fallen behind on their secured debt payments and want to propose a plan to catch up on the payments over time and keep their property.

Chapter 13 bankruptcy offers financial help by granting a three - five year period during which you can catch up on past - due payments while staying current with payments that come due during that period.

During this time, the insurance company continues your coverage and you can catch up on your premium by making a late payment without severe consequences.

You can instantly improve your credit by simply getting accounts out of collection and catching up on missed payments.

If a homeowner has fallen behind in their loan payments, then the lender will file a notice of default, a document advising the owner that they have to catch up on the mortgage by a certain date, which will officially begin the foreclosure process.