Sentences with phrase «consecutive payments on time»

Cash advances have a 24.49 % APR and there is a 28.99 % APR penalty rate when cardholders are late on their payments that will continue in place until the cardholder makes 6 consecutive payments on time.

Loan discounts may be contingent on specific borrower behavior, such as repaying the loan through direct debit from the borrower's bank account (ACH) or making a number of consecutive payments on time.

Conquest Program disclaimer: Must have 580 or higher credit score, must have made 12 consecutive payments on time, must be presentky employed, Conquest program financing and final credit approval is availbale only through SETF.

Through loan rehabilitation, you must make nine consecutive payments on time.

Not exact matches

If you make six consecutive on - time payments, your credit card company may be willing to adjust the rate.)

Individuals who participate in an income - driven repayment program, work at a non-profit organization, or work for the federal government may qualify to have their loan balances forgiven after a set number of years on on - time, consecutive payment.

When consecutive, on - time payments are made to eligible federal student loans, forgiveness can be a light at the end of a long tunnel.

Any borrowers on the PAYE program has the option to request forgiveness of outstanding loan balances at the end of 20 years of on - time, consecutive payments.

Or, you can make three consecutive, voluntary, and on - time payments on your defaulted loans before consolidating.

After the borrower makes 36, on - time, consecutive payments, Citizens Bank allows co-signers to apply for a release.

The Direct Consolidation Loan, as mentioned above, is one choice for exiting default, but if you go this way, you must first either agree to sign up for an income - driven repayment plan or make three consecutive, on - time, full payments on your loan.

To rehabilitate your debt, federal regulations require you to make nine consecutive on - time payments within ten months.

Often this can be in the form of consecutive on - time payments, proof of income, proof of graduation, and creditworthiness.

The lender also provides forgiveness on its $ 25 late fee if you make three consecutive on - time payments after your late payment.

Sallie Mae, for example, will accept applications for cosigner release after the borrower has made 12 consecutive on - time payment.

College Ave will accept applications for cosigner release after the borrower is halfway through the repayment term, has made 24 consecutive on - time payments, and can provide proof that they've been working for the last 24 months.

Rehabilitation means that your loan will be taken out of default status after you make a series of consecutive (generally, nine) on - time, monthly payments.

The PSLF program allows those who work in qualified public sector and non-profit jobs to have their loan balances forgiven after making 120 consecutive on - time payments.

You also can qualify for late - fee forgiveness after three consecutive on - time payments.

If you make a late payment, the company will refund its late fee provided you make three consecutive on - time payments after the late one.

For example, Citizens Bank allows cosigner release from a loan after making 36 consecutive, on - time principal and interest payments.

Potential qualification for cosigner release is based on creditworthiness and whether there have been 36 consecutive on - time principal and interest payments.

Where the on time performance of any intercity passenger train averages less than 80 percent for any 2 consecutive calendar quarters and the failure to meet such performance levels is solely the responsibility of the host railroad, Amtrak shall not pay the host railroad any incentive payments for on time performance of the subject intercity passenger train during such calendar quarters.

What this means is that after a certain period of consecutive on - time payments — say, 12 or 24 months — you can request that the lender remove the cosigner from the loan.

@SP, The additional Discover Motiva awards are described as follows: Each time you pay at least the Minimum Payment Due by the Payment Due Date for six consecutive billing periods, you will earn a Pay - On - Time Bonus equal to the Periodic Finance Charges shown on your next statemtime you pay at least the Minimum Payment Due by the Payment Due Date for six consecutive billing periods, you will earn a Pay - On - Time Bonus equal to the Periodic Finance Charges shown on your next statemenOn - Time Bonus equal to the Periodic Finance Charges shown on your next statemTime Bonus equal to the Periodic Finance Charges shown on your next statemenon your next statement.

footnote ** IRA distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if the distribution is due to your disability or death; is distributed by a reservist who was ordered or called to active duty after September 11, 2001, for more than 179 days; or is for a first - time home purchase (lifetime maximum: $ 10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain unreimbursed medical expenses, an IRS levy on the IRA, or health insurance premiums (after you've received at least 12 consecutive weeks of unemployment compensation).

In order to qualify, the borrower, alone, must meet the following requirements: (1) Make the required number of consecutive, on - time full principal and interest payments as indicated in the borrower's credit agreement during the repayment period (excluding interest - only payments) immediately prior to the request.

After about a year or two of consecutive on - time payments, lenders may be willing to work with you, despite the bankruptcy, if you have enough income for the loan.

After making 12 to 36 consecutive, on - time, full principal and interest payments, you could be eligible for a co-signer release, depending on the terms offered by your lender.

2 A cosigner release is allowed on an EDvestinU Private Loan if an account is in current standing after 24 months of consecutive & on — time payments with a borrower FICO > 749 and income over $ 30,000.

In addition, you must make 120 consecutive full and on - time payments on your Direct Loan.

The lender also grants «late fee forgiveness» and refunds its $ 25 late fee to borrowers who make three consecutive on - time payments after one late payment.

A cosigner release is allowed on an EDvestinU Consolidation Loan if an account is in current standing after 36 months of consecutive & on — time payments with a borrower FICO > 699 and income exceeding $ 30,000 for loans up to $ 100,000 and $ 50,000 for loans exceeding $ 100,000.

And the cosigner can be released after 24 consecutive, monthly principal and interest payments are made on time, and the borrower meets certain eligibility and credit criteria.

Have you made 12 consecutive student loan payments on time?

The opportunity to remove a cosigner from your loan (s) after 24 months of consecutive and on — time payments

Usually, you would be required to make at least three consecutive, voluntary, and on - time payments prior to consolidation.

According to Navient, primary borrowers can qualify to release their cosigner once they graduate and have made 12 consecutive, on - time payments (both principal and interest).

Any borrowers on the PAYE program has the option to request forgiveness of outstanding loan balances at the end of 20 years of on - time, consecutive payments.

EDvestinU's Consolidation Loan Program offers a cosigner release1 after 36 months of consecutive on — time payments.

EDvestinU's private loan program offers a cosigner release1 after 24 months of consecutive on — time payments and meeting credit and income requirements.

A Cosigner Release is allowed if an account is in current standing, after 36 months of consecutive & on — time payments.

Another advantage of a credit union is that if you have a cosigner, you may get a lower interest rate, AND relieve the burden on the cosigner, if you as the borrower, have made on - time payments for 12 consecutive months.

1Cosigner Release allowed if an account is in current standing, after 36 months of consecutive and on — time payments with a borrower FICO greater than 699 and minimum income requirement of $ 30,000 for loan balances up to $ 100,000, and income requirement of $ 50,000 for loan balances over $ 100,000 with no foreclosures, repossessions, wage garnishments, unpaid judgments or other public records having an open balance exceeding $ 100 during the last 7 years.

Also, if the cardholder makes six consecutive payments on - time after an interest rate hike, the issuer must stop the increase.

Individuals who participate in an income - driven repayment program, work at a non-profit organization, or work for the federal government may qualify to have their loan balances forgiven after a set number of years on on - time, consecutive payment.

3 Cosigner release allowed if an account is in current standing, after 24 months of consecutive & on — time payments with a borrower FICO > 749 for EDvestinU Private Student Loans and minimum income requirement of $ 30,000 with no foreclosures, repossessions, wage garnishments, unpaid tax liens, unpaid judgments or other public records having an open balance exceeding $ 100 during the last 7 years.

A Cosigner Release is allowed if an account is in current standing, after 24 months of consecutive & on — time payments with a borrower FICO greater than 749 and a minimum income of $ 30,000 gross income for the EDvestinU Private Student Loan.

In addition, for student borrowers who utilize a cosigner, the cosigner can be released from the student loan obligation after the primary borrower makes 24 consecutive on - time principal and interest payments during the repayment period.

When consecutive, on - time payments are made to eligible federal student loans, forgiveness can be a light at the end of a long tunnel.