Sentences with phrase «certain loan types such»

During deferment, you are generally not responsible for paying the interest that accrues on certain loan types such as Direct Subsidized Loans and Federal Perkins Loans.

responsible for paying the interest that accrues on certain loan types such as Direct Subsidized Loans and Federal Perkins Loans.

Not exact matches

Loan forgiveness usually refers to a set amount being forgiven after completion of certain types of community service, such as teaching for a specified time period in a designated elementary or secondary school that serves low income families.

Perhaps this is because some respondents are overlooking certain types of debt they might have, such as small balance accounts or loans in deferment, said Bruce McClary, vice president of public relations & external affairs for the National Foundation for Credit Counseling (NFCC).

Discharge types of debts singled out by the federal bankruptcy statutes for special treatment, such as child support, alimony, student loans, certain court ordered payments, criminal fines, and some taxes.

So filing bankruptcy (depending on the debts owed) may not prevent certain actions by the IRS, lawsuits to collect support payments, certain types of criminal restitution actions, and loans from a pension account such as an IRA.

It's important to recognize that only certain types of accounts are monitored by credit reporting agencies, including credit cards; installment loans repaid at a fixed amount over a predetermined period of time, such as auto loans, student loans or mortgages; and retail accounts such as store credit cards.

Certain types of inquiries may affect your score calculation, specifically those that are related to active credit seeking (such as applying for a new loan or credit card).

Additionally, there are home loan lenders that specialize in certain types of loans, such as FHA loans and VA loans, or home loans for those with bad credit.

Not everyone will qualify to file Chapter 7 under the Bankruptcy Code's «means test» and certain types of debt can not be discharged or wiped out (such as most federally guaranteed student loans, many taxes and any outstanding family support obligations).

Neither do certain types of unsecured debt such as student loans.

Some, such as the FICO Auto score, help lenders to determine borrower eligibility for certain types of loans.

The Agencies intend to publish a supplemental proposal to request comment on possible exemptions for «streamlined» refinance programs and small dollar loans, as well as to seek comment on whether application of the rule to loans secured by certain other property types, such as existing manufactured homes, is appropriate.

Third, as described above the final rule permits creditors to provide estimates where actual terms are not available, and where changes happen subsequent to the issuance of the Closing Disclosure only require a further three - day waiting period if there are certain significant changes to the terms, such as a change in the APR by more than 1/8 of 1 percent or 1/4 of 1 percent (based on the type of loan), the loan product changes, or there is an addition of a prepayment penalty.