Sentences with phrase «dollar loan similar»

Brian and Rhys share the example of Vancity, a credit union offering a small dollar loan similar to a payday loan product, that is sustainable for the credit union.

Not exact matches

And, use of APR may be most helpful when comparing loans of similar term, but it's always a good idea to also ask about the fees, the total dollar cost of the loan, and prepayment policies.

Since nonconforming loans are most often jumbo loans, their higher balances will produce a higher dollar amount in closing costs — even though the types of fees stay relatively similar to the fees on conforming loans.

Unlike a mortgage refinance, which could include thousands of dollars in out - of - pocket fees, there are usually no appraisal fees, title search fees, or similar upfront closing costs associated with an auto loan refinance.

Since nonconforming loans are most often jumbo loans, their higher balances will produce a higher dollar amount in closing costs — even though the types of fees stay relatively similar to the fees on conforming loans.

A similar incident occurred when one borrower paid off her loans and then reviewed her balance, surprised to find over 20 dollars still remaining.

Similar to paying off student loans, you would want to use 1,000 dollars to pay off the debts with the highest interest rates first.

For example, a real customer from Texas we'll call Kelly, who joined the LendUp community in early 2015, exhibited borrowing habits similar to what the CFSI calls a «misaligned cashflow borrower» (described by the CFSI as those who «tend to access small dollar credit amounts frequently to pay bills when income and expenses are mistimed... 42 % take out 6 or more loans per year, and 16 % take out more than 12 loans per year»).

Further, by our calculations, she's saved thousands of dollars versus what she would've paid taking similar installment loans from payday lenders in Texas.

The amount disclosed as paid from the creditor to a third - party loan originator under § 1026.38 (f)(1) is the dollar value of salaries, commissions, and any financial or similar compensation provided to a third - party loan originator by the creditor that are considered to be points and fees under § 1026.32 (b)(1)(ii).