Sentences with phrase «during repayment of»

It means that the consumer's property is being used as collateral during repayment of the money that is owed.

However, bear in mind that payday loans do not have long repayment programs and thus, a single or two entries will be reported during the repayment of a payday loan.

Not exact matches

«Notwithstanding some operational issues in the latter part of the financial year, Karouni still managed to generate a strong cash margin of $ 26 million during its first six months, which assisted with paying down $ 55 million in debt repayments and financing costs.»

Payment processing issues accounted for 17 percent of all student loan complaints the CFPB received during the second quarter of 2016 — second only to complaints about income - driven repayment plans, according to an October report.

- an assumption is made here that the student will take advantage of a six - month repayment grace period after graduation (interest accrues during that period and is added to the amount owing)

During repayment, interest will continue to accrue and will be included as part of your monthly bill amount.

Almost always, more of your monthly payment goes toward interest during the early years of repayment.

During repayment, interest will continue to accrue daily and you'll pay for it as part of your monthly bill.

For instance, if you consolidate your loans during your grace period, you will have to forego the rest of your grace period and begin repayment as soon as your new loan is disbursed.

For instance, the Income - Driven Repayment program sets aside a portion of a borrower's income during repayment, and others such as the Pell Grant program try providing alternatives to studRepayment program sets aside a portion of a borrower's income during repayment, and others such as the Pell Grant program try providing alternatives to studrepayment, and others such as the Pell Grant program try providing alternatives to student loans

NOTE: These repayment plans require annual recertification of your income, which we know can be difficult during periods of deployment.

Some lenders may allow you to make interest - only payments for a period of time during your repayment period.

Home buyers use these loans to minimize their monthly payments during the first few years of the repayment term.

With federal loans, there are income - driven repayment and loan forgiveness programs that can protect you during times of economic hardship.

One - time repayment at the end of the term or when your old home sells (if earlier than the term), with interest accruing during this time

During deferment, the repayment of principal and interest on your loan is delayed.

Student repayment option of 10 years after the five years of minimum interest - only or $ 25 payments during college or grad school (so it could be a total of 15 years of repayment, the last 10 of which must be full principal and interest payments)

Their student debt payment consumes an average of 7.5 percent of their income during the repayment period.

During the period of deficit repayment (now extended to 2016) most of the money will still be flowing out to students via the Student Loan Company.

Documents filed at Companies House show no repayments were made during year it was taken out, nor a term of loan set out

Ruth L. Kirschstein National Research Service Award recipients, either individual postdoctoral fellows (F32) or institutional trainees (T32), are eligible for loan repayment during the 2nd year of NRSA support if the recipient files for and receives an extension of the NRSA service payback requirement.

Upon discussing the positions available and salaries offered by various labs in the U.S. and Canada, I came to realize that these salaries in combination with my sizeable student loan repayment schedule would result in a take - home salary of less than I had received during the funded years of my PhD.

She notes that the most generous version of IBR now available to all new borrowers makes it rational for borrowers to choose higher - interest federal loans over private loans, «even if the borrowers know they will be in the upper half of the income distribution» during repayment.

The TIFIA loan is structured with 5 years of capitalized interest during construction, followed by 5 years of partially capitalized interest during ramp - up; the following 15 years of the loan repayment includes current interest only, followed by 15 years of interest plus principal.

Be aware that interest continues to accrue on student loans during repayment, and unpaid interest may capitalize, or be added to your principal balance, at the end of assistance.

An unamortized loan, on the other hand, would consist of interest - only payments during the bulk of the repayment period and end with a balloon payment for the remaining principal.

One - time repayment at the end of the term or when your old home sells (if earlier than the term), with interest accruing during this time

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.

The federal government offers a number of special programs, many of which provide flexibility during the repayment phase.

If a protected life event happens to you (and you're a protected borrower or co-borrower on the loan), Debt Protection will cancel or reduce repayment of your loan debt — helping to lessen your worries, and your family's worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging.

You are going to make home loan repayments for a considerably long period of time during which your responsibilities will increase, so choose wisely and well!

If lower interest rates can't be secured during refinancing and / or the repayment term is extended, the borrower could end up paying more over the life of the loan.

Balloon mortgages provide a lot of flexibility as only minimum payments are necessary during the repayment program that usually consists only of interests and a small portion of the capital.

Draw and repayment periods: In some instances, personal lines of credit can feature separate draw and repayment periods; allowing the borrower to withdraw funds during the draw period, while requiring them to make monthly payments during the repayment period.

Minimum monthly payment during the repayment period is the greater of $ 100.00 or an amount sufficient to amortize the loan based on APR, balance and remaining loan term, not to exceed 240 months.

Up to 12 months of interest - only payments during construction, followed by a standard 10 - year repayment term

Also, no income tax deductions shall be allowed in respect of repayments made during the year of sale of the property.

From that website I learned of the department of education website where you can log on and review your student Fafsa report that shows a history of your student loans and grants received when in school and the payments paid during the repayment period (that is the money we pay to them for the loan) and found that not even one dollar of my payments have ever been reported by ACS, not even one, before the 10 years on the Income Based Repayment Plan, I was on a set plan that I had paid for 6 years $ 237 dollars each month on a fixed 3.25 % repayment plan, so why is it that not even one dollar is showing on the Federal Department of Education website showing any of those repayment period (that is the money we pay to them for the loan) and found that not even one dollar of my payments have ever been reported by ACS, not even one, before the 10 years on the Income Based Repayment Plan, I was on a set plan that I had paid for 6 years $ 237 dollars each month on a fixed 3.25 % repayment plan, so why is it that not even one dollar is showing on the Federal Department of Education website showing any of those Repayment Plan, I was on a set plan that I had paid for 6 years $ 237 dollars each month on a fixed 3.25 % repayment plan, so why is it that not even one dollar is showing on the Federal Department of Education website showing any of those repayment plan, so why is it that not even one dollar is showing on the Federal Department of Education website showing any of those payments?

If you stay in touch with your lender during difficult times, then the lending companies will most likely work with you to come up with some kind of feasible repayment plan or compromise.

There are also unemployment insurance options that can make loan payments on your behalf if you are out of work during your repayment term.

And lastly, at any point during repayment you can come to our office and speak with a loan counselor about your particular circumstances, because we don't outsource the servicing of our loans.

Deferment of a student loan means that you are given extra time before you start making repayments, for example during the first year after graduation while you search for full - time employment.

The response was more than 30,000 comments, many of which called for stronger standards to protect student loan borrowers during repayment, and included complaints about customer service and payment processing.

During the Introductory Rate Period you would make 6 payments of $ 249.17 and for the remainder of the Draw Period you would make 114 payments of $ 395.83 followed by a Repayment Period of 240 payments of $ 646.22.

Residency and fellowship loans have a fixed interest rate that ranges from 3.25 % APR to 6.69 % APR, a loan term of up to 240 months, inclusive of an optional 84 - month deferment period during residency or fellowship, and provide the option to either immediately repay the principal and interest or to defer repayment.

This makes things easier during repayment, and it can save you a great deal of money over time.

What I haven't talked about, was how important it was having a small «cushion» of money in my savings account during the debt repayment phase of our lives.

Two out of five student loan borrowers are delinquent during the first five years of repayment.

Interest accrues at the rate of five percent of the unpaid balance during repayment.

Therefore, payments made during the later portion of the repayment period under the Graduated Repayment Plan may in some cases equal or exceed the payment amount that would be required under a 10 - Year Standard Repayment Plan, and these payments would count repayment period under the Graduated Repayment Plan may in some cases equal or exceed the payment amount that would be required under a 10 - Year Standard Repayment Plan, and these payments would count Repayment Plan may in some cases equal or exceed the payment amount that would be required under a 10 - Year Standard Repayment Plan, and these payments would count Repayment Plan, and these payments would count for PSLF.