Sentences with phrase «compromising other financial obligations»

To make things better, we are not strict about your credit scores as long as your financial profile shows that you are in a position to service the loan comfortably without compromising other financial obligations.

Among protections in the proposal, lenders would need to conduct an upfront «full - payment» test to determine if borrowers will be able to pay the loan without compromising other financial obligations and without needing to reborrow (a cycle that piles on fees and interest, making it harder to dig out).

Under the rule, lenders will need to conduct an upfront «full - payment» test to determine if borrowers will be able to afford to repay the loan without compromising other financial obligations.