Sentences with phrase «demand full repayment of the loan»
As a result, a lot of borrowers who were in good standing find themselves with a severely damaged credit or being harassed by collection agency calls demanding the full repayment of the loan.
https://usstudentloancenter.org/ Not exact matches
The due on sale clause generally provides that if you ever transfer the mortgaged property before paying off the mortgage then the mortgage lender has the right to immediately demand full repayment of the outstanding mortgage loan balance.
Cancel it completely and you could be held in breach of contract and the lender could demand full repayment of the mortgage loan.
What is worse than that, lenders frequently use the death or bankruptcy of the co-signer as a trigger to demand the immediate full repayment of the entire amount of the loan from the student borrower.