Sentences with phrase «event of a job loss»

If — on the other hand — your time - frame is quite short, you likely have debt and would quickly get behind on your bills in the event of a job loss.
Having the ability to pause payments in the event of job loss gives borrowers some breathing room.
In the event of job loss, illness, death, and divorce BRAVO principals do all that they can to help faculty and students cope.
So if you contributed $ 5,500 a year for 10 years, you would have $ 55,000 you could access penalty free in the event of a job loss or other unexpected event.
This is particularly true in the event of a job loss or some other economic vicissitude.
In the event of a job loss, monthly payments can go to as low as $ 0, depending on your financial situation.
Well, I'd go with a split hybrid option: most people are fairly risk averse so paying down the mortgage is appealing, but the lower payments still have to be made in the event of a job loss, so there's a case to be made for keeping liquid funds outside of the mortgage.
We've established an emergency fund is 3 to 6 months of living expenses that one uses in the event of a job loss or major medical emergency.
You don't need to include expenses for anything you'd cut from your budget in the event of a job loss or major catastrophe.
Obviously, in the event of a job loss, income has taken a hit.
This means that in the event of a job loss or other economic hardship, you may be eligible for a deferment or forbearance.
Unique protection for borrowers, which include options for pausing payments in the event of job loss and helping borrowers find a new job
This, too, can pose a risk — especially in the event of job loss or similar emergency.
An emergency fund is a cash reserve set aside for unexpected expenses or for regular expenses in the event of job loss.
About four - in - ten college - educated student debtors possess total debts exceeding the value of their assets, hence asset liquidation will not entirely meet their outstanding debts in the event of job losses and other unforeseen economic shocks.
If you are having trouble making your monthly payments, you have several options including pausing your loan for up to six months in the event of a job loss (this can be done three times for a total deferment period of 18 months, the longest in the student loan refinancing industry).
Often people assume it will cover you for the likes of illness or redundancy and this may lead to difficult financial situations should the event of job loss or illness arise.
Obtaining your health insurance policy this way will also enable you to retain your health insurance even in the event of a job loss.
The event of job loss, as defined in this report, is also more likely to happen in lone parent families (13 %) than in couple families (5 %).
It is best for homeowners to have a balanced approach to their financial priorities, with consideration given to reducing debt levels, saving to cover expenses in the event of job loss and retirement.
Lenders are also looking for capital that can help repay the loan in the event your regular income is temporarily disrupted, for example in the event of job loss.
The benefit will cover the borrower's principal and interest payments up to $ 2,000 for up to six months in the event of a job loss.
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