Sentences with phrase «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.

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.

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 %).

Obtaining your health insurance policy this way will also enable you to retain your health insurance even in the event of a job loss.

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.

An emergency fund is a cash reserve set aside for unexpected expenses or for regular expenses in the event of job loss.

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.

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.

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.

In the event of a job loss, monthly payments can go to as low as $ 0, depending on your financial situation.

This is particularly true in the event of a job loss or some other economic vicissitude.

If you succeed in paying off the loan, you might fail in paying for college, or covering costs in the event of a job loss, medical problem, marital issue, or other family concern.

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.

Having the ability to pause payments in the event of job loss gives borrowers some breathing room.

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.

Not exact matches

Most experts agree that you should have three to six months» worth of living expenses saved to keep you afloat in the event of, say, a home or car repair or other unexpected expense — or the loss of your job.

Often, there is a triggering event: a job loss, an illness of a primary income - earner in a family or a divorce.

In the case of a job loss or other unforeseen event, the bank can take your hard - earned equity, and will be more willing to do so if you have a very low loan balance compared to the home's value.

But if unexpected events like a divorce or job loss derailed your finances after years of pristine money management, maybe you can handle a credit card again.

It is also a good idea to have an emergency fund in case of a sudden job loss due to an accident or another unfortunate event.

It means finding God in all the experiences and relationships of our lives; in our «world making»; in creative occasions of giving birth to a child, to a painting, to a poem, to a sermon, in sustaining events of eating a meal, cleaning a house, recycling our refuse, providing jobs, maintaining friendships; in experiences of judgment because of our reliance upon destructive weapons, because of our loss of integrity; and in redemptive relationships wherein we experience forgiveness, renewal, and peace.

This request comes as the County is still calculating savings from early retirees, who are not required to state their intention to retire until early October, the fact that County Executive Picente is looking to work with unions to freeze wages for this coming year, and because of the need to plan for appropriate job losses in the event that the wage freeze proposal is not accepted.

These included significant life events such as job loss, divorce, death of a friend, and physical or emotional abuse.

Duke University studied connections between how likely residents of 343 Chicago neighborhoods would be to experience adverse life events such as robbery, divorce and job loss and what happened to their health as a result.

Although they aren't certain, experts believe takotsubo cardiomyopathy is triggered by adrenaline and other hormones that flood the body in response to a stressful event, be it the death of a loved one, the loss of a job, a mugging, or even walking in to your surprise birthday party.

If the adrenals are already taxed due to long - term stress, acute stress events such as loss of job, sickness, or physical trauma can trigger an adrenal crash.

A film about the great lengths a person will go to after experiencing traumatic events, Jordan's search for closure and loss of confidence in her job is beautifully acted by Berry.

Life - changing events for this protagonist (her father losing his job, acceptance into college, the loss of her virginity) bump up against funnier, more inconsequential ones; it's one of the most authentic depictions of that tumultuous period on the cusp of adulthood I've ever seen in a film.

Longtime comedy partners Lennon Parham and Jessica St. Clair co-created the show and co-star as old friends who are reunited in their hometown right after each of them suffers a life - changing event — one a divorce while nearing the end of her pregnancy and the other the loss of a high - paying job.

If you begin to struggle financially due to an illness, divorce, job loss, or even poor financial management habits like overspending, which is the first obligation you will probably allow to slide in the event that you have more bills than money at the end of the month?

And this doesn't address the financial impact of a job loss, unexpected repair bill or any other catastrophic event that will add to the pressure to use credit to balance your budget.

Including insurance as part of your overall financial plan and choosing from a range of solutions for your CIBC Mortgage Loan, Personal Line of Credit, Credit Card or Personal Loan can help you and your family cover your loan payments in the event of disability, job loss *, critical illness ** or in the event of death.

Get help paying off, reducing your balance or making your payments in the event of death, disability or job loss.

BMO makes the valid point that merely having some sort of financial plan isn't enough: you need to stress - test such plans to make sure they can withstand major declines in financial markets, as well as major life events like job loss, illness or disability, death of a spouse and other events.

Creditor Insurance for CIBC Personal Loans1, underwritten by The Canada Life Assurance Company (Canada Life) can help pay off or reduce your balance in the event of your death, or cover your payments in the event you are unable to work due to a disability or involuntary job loss.

Borrowers who wish to use an FHA loan after a foreclosure, deed in lieu, short sale or bankruptcy in 2014 must be able to demonstrate Satisfactory Credit after the Economic Event (loss of job / income).

Taking on credit card debt poses risks, especially in the event of an unexpected job loss or health emergency.

Events some can't plan for, such as divorce, job loss, bankruptcy and foreclosure, may be some of the triggers that cause people to have a hard time keeping up with credit card payments and perhaps even lose the privilege of having credit cards.

The important thing is to keep your money at work and have enough put aside in case of an unplanned event such as a job loss or an unforeseen major car repair.

It's always a good idea to have cash on hand in case of a job loss or other unforeseen financial event.

For all sorts of reasons, from divorce, job loss, or a major medical event, people can sometimes get into financial trouble.

Besides providing proof of the economic event, borrowers must prove that they had good credit before the job loss or loss of income and that any subsequent bad credit was a result of the economic event.

If it was an unforeseen event such an health issue, the loss of a job, or other events beyond your control, then a home equity loan is warranted.

The benchmark is to have 3 — 6 months of expenses set aside in the event you suffer an emergency such as job loss or illness.

It's best to have emergency savings to maintain a bare - bones budget in the event of a medical emergency or job loss.

These circumstances may include loss of job, health problems, bankruptcy, unforeseen events that qualify, and additional situations.

If you ended up in debt because of an unforeseen life event, like job loss, divorce or medical emergency, but your finances were otherwise in good shape, you may have the financial discipline and wherewithal to use the avalanche method.

One small unexpected event — a medical expense, car trouble, job loss, etc. — could force you to rely even more on your credit cards and dig you deeper into debt than you can get out of on your own.

Many of my clients have debt problems caused by a job loss, or reduced income, or a life event like a relationship break - down or a medical condition that forces them to take time off work.