Sentences with phrase «by other borrowers»

Click on the lender's profile and read candid reviews written by other borrowers.

Diversifying across multiple LendingClub Notes is important because if one borrower doesn't pay back their loan, your investment loss may be offset by the other borrowers that do.

Read loan terms carefully, and also take the time to research the company online and read reviews by other borrowers.

MIP payments must be made for at least 11 years by other borrowers.

Those additions won't be seen by other borrowers of the same title, but if you should choose to later purchase a previously borrowed book from Amazon, your additions will appear in it.

Although one borrower's weakness can be compensated by the other borrower's strengths when income and assets are reviewed, the same does not apply for credit scores.

Not exact matches

Big Wall Street banks have found a way to continue funneling money to high - risk borrowers — by lending to other institutions who make the so - called subprime loans.

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.

The Federal Reserve pumps money into the banking system by purchasing bonds and, when the system breaks down, makes enormous bailout payments to cover the bad debts run up by banks and other institutions to mortgage borrowers, businesses and consumers.

Higher prices in the «real» economy may help maintain the circular financial flow, by giving borrowers more current income to pay their mortgages, student loans and other debts.

Even when compared to other loans with few borrower requirements, we found rates with iLoan to be the highest by a substantial margin, especially in regards to the minimum loan rate lenders typically quote.

That also means that the interest rates for these loans are set by the lenders, based on the borrower's credit history and / or other underwriting criteria determined by the lender.

SoFi allows borrowers to choose between a fixed rate or a variable rate, an option that isn't offered by Avant and the majority of other personal lenders.

China's debt problems, in other words, can not be resolved administratively, by fixing the shadow banking system, by imposing discipline on borrowers, or indeed by eliminating financial repression (much of which, by the way, has already been squeezed out of the system by lower nominal GDP growth).

Less appreciated, associates say, is how he would encourage banks and other financial companies to serve lower - and middle - income workers by more tightly regulating fees and by ensuring that banks are lending to needy communities and deserving borrowers.

A new survey by Student Loan Hero finds borrowers are misinformed about interest, repayment, and other major aspects of their student loans.

Your credit score reflects how reliable you are as a borrower, and is determined by your track record of borrowing and repaying banks, credit card companies and other lenders.

When borrowers are unable to repay debt out of operating cashflow, the problem is usually «managed» away by forcing losses onto some other entity.

Other factors to consider when comparing federal and private student loans include borrower benefits not offered by private lenders, such as access to income - driven repayment programs and the potential to qualify for loan forgiveness.

Also take a look at any borrower benefits you might lose by consolidating, including interest rate discounts, principal rebates, and other potential loan cancellation benefits.

Because instead of limiting the overall availability of credit like it did in the past, the Fed now limits the credit available to other prospective borrowers by grabbing more for itself, which it then passes on to the U.S. Treasury and to housing agencies whose securities it purchases.

Other interest rates in the economy are influenced by this interest rate to varying degrees, so that the behaviour of borrowers and lenders in the financial markets is affected by monetary policy (though not only by monetary policy).

This reflects borrowers switching from loan products with higher interest rates, such as traditional fixed - term personal loans, to products which attract lower rates of interest, such as home - equity lines of credit and other borrowing secured by residential property.

Servicers left borrowers in the lurch — some went out of business, while others saw that they could make more money by foreclosing than by modifying loans.

This is even more accentuated by the fact that in a number of US states, there is no recourse for the lender to other assets of the borrower in the event of default (this is not the case in Australia, as discussed below).

All federal rates are predetermined by the government and, unlike other loans, they aren't adjusted based on each borrower's personal financial situation.

With the FED being the dominant borrower (willing to borrow at higher rates), banks, GSEs and money market funds have less desire to provide short - term funding for other entities, thus forcing them to borrow at the rate set by the FED.

Loan consolidation, the other federal program, allows a borrower to get out of default by making three consecutive monthly payments at the full initial price, and afterwards enrolling into an income - driven repayment plan.

As I've explained more than once in this forum, this expression is merely economists» shorthand, serving to describe the process that begins with banks crediting borrowers» accounts with lent sums, is followed by the borrowers» drawing on their borrowed deposit credits by writing checks or otherwise transferring funds to various payees, and finally, other things equal, by a transfer of reserves from the lending bank to the payees» banks, for the sake of settling inter-bank dues.

Finally, by allowing the size of the Fed's balance sheet — formerly a crucial determinant of the Fed's monetary policy stance — into a «free parameter,» the new set - up makes the Fed vulnerable to the Treasury's importuning, if not to that of other borrowers.

On the other hand, it can be ged by the lenders on the loan made available to another person called borrower for use so that the person (borrower) can repay in a future time.

The loan is an amount of money in return for security and other promises by the borrower, including the promise to repay.

By recognizing these realities, Kiva and other microfinance organizations aspire to change the dynamics by utilizing the Internet to connect lenders to borrowers in the developing worlBy recognizing these realities, Kiva and other microfinance organizations aspire to change the dynamics by utilizing the Internet to connect lenders to borrowers in the developing worlby utilizing the Internet to connect lenders to borrowers in the developing world.

Other reasons why Genworth is likely to be attractive to investors are that it has a market share of 45 per cent and its business is supported by regulatory incentives for mortgage lenders to require borrowers to take out mortgage insurance.

(d) The term «loan guarantee commitment» means a binding agreement by a Federal awarding agency to make a loan guarantee when specified conditions are fulfilled by the borrower, the lender, or any other party to the guarantee agreement.

• A 2014 study by Goldrick - Rab, Kelchen, and Houle and a 2015 report by Demos show that black students borrow more than other students for the same degrees, and black borrowers are more likely than white borrowers to drop out without receiving a degree.

In August 2016, the National Consumer Law Center (NCLC)-- supported by nearly 40 other public interest groups, including the American Civil Liberties Union (ACLU)-- sent a letter to Education Secretary John King demanding the department track and remedy the disproportionate consequences of student loan debt for borrowers of color.

One of the rules is on gainful employment, which holds nondegree career education programs accountable when graduates have too much debt; the other is on borrower defense, which allows student borrowers defrauded by institutions to get loan forgiveness.

Like other free programs such as Books for London, Books on the Underground, and Readioactive Books, Aizhi's inexpensive book rental works strictly on the honor system by assuming that the borrower will actually return the book later.

However as time goes by Amazon may realize they are missing out — at present they are talking about coming to an arrangement with Overdrive [download platform company which supplies rentals to public libraries] to make their stock available to borrowers using other devices.

Other reasons why borrowers may want to partner up with credit unions are enumerated by the American Credit Union Mortgage Association, an organization pushing for more credit union involvement in American lending.

Most borrowers that consider title loans need quick cash in large amounts, a need that can't be fulfilled by other short - term options like payday loans.

At KeyBank, the lowest rate offered is not competitive to rates offered by other lenders, and it's only available to borrowers who take out at least $ 25,000.

By refinancing the bad credit auto loan the borrower can access perhaps $ 5,000 of what has already been cleared and use it for other purposes, while the repayments can be less than the existing repayments, thereby freeing of more funds.

This is the only loan program offered by the SBA where the administration lends directly to borrowers (in almost all other cases, the SBA just guarantees loans that other lenders make).

There are other examples not specifically mentioned here such as a monthly housing payment being low by comparison to the borrowers» monthly income or a high debt to income ratio might be allowed if a house with a mortgage against it is pending sale but won't close prior to the need for the new mortgage.

So while a college's preferred lender list is a good starting point, prospective borrowers should also look at other lenders, such as lenders that advertise in print, on air, online and by mail.

Because LendEdu doesn't charge its users money, they need to make money some other way, and they do so by connecting prospective borrowers (i.e., you) with prospective lenders.

As used in this paragraph, a «Covered Borrower» means any person who, at the time such person becomes obligated on a loan transaction or establishes an account for consumer credit, satisfies the requirements under any one or more of the following classifications, or is otherwise under applicable laws deemed to be a «Covered Borrower» under the Military Lending Act, 10 U.S. Code Section 987: (a) An active duty member of the Army, Navy, Marine Corps, Air Force or Coast Guard, or a person serving on active Guard and Reserve duty (a person described in this clause (a) of the definition of «Covered Borrower» is hereinafter referred to as a «Service Member»); or (b) Any of the following persons, relative to a Service Member: (1) The spouse; (2) A child under the age of 21; or (3) If dependent on the Service Member for more than one half of such person's support, any one or more of the following persons: (i) A child under the age of 23 enrolled in a full time course of study at an institution of higher learning; (ii) A child of any age incapable of self support due to a mental or physical incapacity that occurred before attaining age 23 while such person was dependent on the Service Member; (iii) Any unmarried person placed in legal custody of the Service Member who resides with such Service Member unless separated by military service or to receive institutional care or under other circumstances covered by Regulation; or (iv) A parent or parent - in - law residing in the Service Member's household.

For refinancing conventional or other non-FHA mortgages with no cash out, you can borrower the lesser of 97.75 % of your home's current value as determined by an FHA - approved appraiser, or