Sentences with phrase «defined number of payments»

An HELOC is similar to a credit card in that it is a revolving type of credit, which does not have a defined number of payments.

Not exact matches

According to the Cambridge Center for Alternative Finance, 75 % of US consumers who owned cryptocurrencies in 2016 used those currencies for payments within a 12 - month period, unique active users of cryptocurrency wallets numbered between 2.9 and 5.8 million in 2017, and 48 % of Coinbase users use Bitcoin as a «transactional medium» — defined as making one payment per year.

Broadly defined, a personal loan is a type of installment loan, which means that it is repaid over time with a set number of scheduled payments.

These income payments are made for the duration of a set number of years, which are defined within the rider.

An annuity is a stream of payments that last for a defined number of years or for the rest or your life.

A seller who's not defined as a creditor by Reg Z, or a broker working for such a seller, may publish a downpayment without also including the other financing terms normally required by Reg Z. However, no one — including the real estate practitioner — may bypass Reg Z when advertising the other so - called triggering terms (number of payments or period of repayment, the amount of any payment, or the amount of any finance charge).