Sentences with phrase «defaulting on payments for»

Such a scenario can lead to a motorist defaulting on their payments for the vehicle or the lending company losing its collateral in the loan.

In another twist, UKEF has, following a lot of pressure from the Jubilee Debt Campaign, just published information showing that overseas countries owe the UK millions of pounds as a result of defaulting on payments for weaponry bought by the likes of Egypt's General Mubarak and Iraq's Saddam Hussein.

However, if you default on the payments for the secured loan, you can lose the collateral.

These types of loans can result in significant savings as long as the person does not default on any payments for the loan as the interest rate will remain the same over the entire time the loan agreement is in effect.

Not exact matches

However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).

For bonds this means issues that are not at risk of defaulting on a payment; for stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bFor bonds this means issues that are not at risk of defaulting on a payment; for stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bfor stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bad.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

David Kotok, chairman at Cumberland Advisors, discusses Puerto Rico defaulting on two bond payments and what it means for the bond market and the country.

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.

Even if you do this, the record of your student loan default and the late payments will remain on your credit report for multiple years.

Hovnanian skipped an interest payment due Tuesday on bonds it repurchased and parked with an affiliate, opening the door for GSO to collect payouts on credit - default swaps that insure against nonpayment.

If you do not make any payments on your federal student loans for 270 - 360 days and do not make special arrangements with your lender to get a deferment or forbearance, your loans will be in default.

If you do not make any payments on your defaulted loan (s) prior to consolidating them, you will be required to sign - up immediately for one of the alternative payment plans available to all federal student loan borrowers.

If the borrower misses any payments or defaults on the loan, these will also appear on the cosigner's credit history and may impact their ability to qualify for loans in the future.

If you qualify for an income - driven repayment plan, you can lower monthly payments on federal student loans, which may help keep you from going into default.

For borrowers unsure of their future finances, interest - only loans are not a good choice, as the benefit of low initial payments is likely not worth the risk of defaulting on the loan.

If you have missed payments, defaulted on debt, or underwent bankruptcy, you may find it difficult to qualify for a new line of credit.

When a mortgage default occurs, it's because the homeowner has stopped making payments on the home and at least 3 consecutive payments have been missed, which creates a loss for the lender.

The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.

For example, if a borrower defaults on their mortgage, Fannie and Freddie are responsible for the losses on the loans they guarantee to investors, while Ginnie Mae is financially responsible for the bond payments to the holders of Ginnie Mae securitiFor example, if a borrower defaults on their mortgage, Fannie and Freddie are responsible for the losses on the loans they guarantee to investors, while Ginnie Mae is financially responsible for the bond payments to the holders of Ginnie Mae securitifor the losses on the loans they guarantee to investors, while Ginnie Mae is financially responsible for the bond payments to the holders of Ginnie Mae securitifor the bond payments to the holders of Ginnie Mae securities.

There may be additional relief available for borrowers in default on their federal student loans, including a temporary suspension of collections activities and additional flexibility for borrowers making voluntary payments.

If the student defaults on the loan, the cosigner will be held liable for the remaining loan payments, and his or her credit history may be affected (in addition to the borrower's).

The insurance companies have promised to make timely interest and principal payments on any bonds covered by insurance if Puerto Rico defaults, said Rob Williams, director of income planning at the Schwab Center for Financial Research.

Please note that I'm NOT at all interested in finance technicalities (e.g. the story line about 3 separate payment systems that are hard to interconnect may be a technical excuse for why the default was possible / likely during prior month, but it has zero impact on legal situation).

The only allowable punishment for defaulting on the debt would be the refusal of service, and perhaps the confiscation of property in lieu of payment.

«If on reasonable notice an MP is unwilling to or unable to produce such statements, the payments concerned should in default be determined to be invalid and the MPs will be recommended to repay the whole of the allowance granted for the mortgage,» Sir Thomas wrote.

«Statistically» this year to date, «only» 30 municipal issuers have officially defaulted on $ 1.5 billion in bonds, but thousands of government authorities are in de facto default on payments, and madly scrambling for re-negotiation, or forebearance, or blind hope.

The owner of the parking garages for the new Yankee Stadium is expected to default on a $ 6.8 million interest payment come April 1, which could result in a seizure by bondholders, Crain's reported.

Though Erie County would be on the hook for debt payments if ECMC defaults, that would be true no matter who the hospital borrows from since it is considered a public benefit corporation.

The federal loan program currently defines default as failing to make an on - time payment for 270 days.

A guarantor will be responsible for maintaining payments for your loan if you default on any repayments, so they need to be someone who has a good clean credit score.

When a mortgage default occurs, it's because the homeowner has stopped making payments on the home and at least 3 consecutive payments have been missed, which creates a loss for the lender.

Most banks will first issue a notice to a client in default, allowing for a designated time period — usually around seven days — in which you can make good on your payment.

For younger students, who do not have sufficient credit history, monthly payments on private student loans could be hardly bearable, as the interest rate set by lenders is typically very high to offset potential risk of default.

For borrowers unsure of their future finances, interest - only loans are not a good choice, as the benefit of low initial payments is likely not worth the risk of defaulting on the loan.

This means that if you default on payments the loan company may seek to claim ownership of your vehicle instead to make up for the missed payments.

Many who are in the system actually qualify to be taken out; for instance, they defaulted on a student loan but are now in a payment plan.

If the debtor defaults on payments after signing a reaffirmation agreement, the creditor will have the right to sue for a deficiency judgment.

There is an important exception: If you miss payments or default on a loan, that information stays on your credit report for seven years.

Again, co-signers are legally obligated to be financially responsible for the loan if the main signer defaults or fails to make all payments on time.

The Consumer Financial Protection Bureau said in 2016 that 70 % of borrowers in default on student loans would qualify for the low payments offered through the PAYE and REPAYE programs, but haven't signed up.

If you default on the account, the creditor will go after the co-signer for payment.

Similarly, a power of sale foreclosure can occur if you've defaulted on a home loan and have not responded to demands for payment over a specific period of time.

If the student defaults on the payment, the co-signing parent is legally on the hook for the balance.

The deed of trust — also called a «mortgage» or «lien» — states that the home may be used as «collateral» for repayment of the loan; in the event of payment default, the lender is able to foreclose on the property, sell it, and retain the proceeds to satisfy the debt in question.

Late fees for a missed payment are likely to kick in after 10 - 15 days, and once you go 30 days without a payment, you will be considered in default on your home loan.

If you fail to make at least your minimum payment within 60 days after its due date, or if other default occurs or we make demand for immediate payment of your Account as provided in the «DEFAULT AND DEMAND FOR BALANCE DUE» section below, your APR will be increased to the Penalty Rate (also known as the «default rate,» or «default APR») as disclosed on the then - current Rates and Feesdefault occurs or we make demand for immediate payment of your Account as provided in the «DEFAULT AND DEMAND FOR BALANCE DUE» section below, your APR will be increased to the Penalty Rate (also known as the «default rate,» or «default APR») as disclosed on the then - current Rates and Fees Tabfor immediate payment of your Account as provided in the «DEFAULT AND DEMAND FOR BALANCE DUE» section below, your APR will be increased to the Penalty Rate (also known as the «default rate,» or «default APR») as disclosed on the then - current Rates and FeesDEFAULT AND DEMAND FOR BALANCE DUE» section below, your APR will be increased to the Penalty Rate (also known as the «default rate,» or «default APR») as disclosed on the then - current Rates and Fees TabFOR BALANCE DUE» section below, your APR will be increased to the Penalty Rate (also known as the «default rate,» or «default APR») as disclosed on the then - current Rates and Feesdefault rate,» or «default APR») as disclosed on the then - current Rates and Feesdefault APR») as disclosed on the then - current Rates and Fees Table.

• If you know what all the costs are — make sure you know the APR and whether there are any admin fees, upfront costs or charges for defaulting on payment.

Ambac, or any other guarantor, typically only has to make interest payments for a short while on any default.

IBR will likely provide the lowest monthly payment for many low income borrowers and certainly is a reasonable alternative to defaulting on the loans.