Sentences with phrase «face higher payments»

Possibly millions of borrowers, many of them minority and low income, who took out subprime loans during the housing boom and are seeing the interest rate on their loans reset upward, face higher payments than they can afford.

When the 0 % interest period expires you may face higher payments than you expect and these accounts can quickly get out of control.

Not exact matches

That's creating an unusual situation for Canadians: for the first time in years, those renewing mortgages will be faced with higher rates and an increase in payments.

Those borrowers will likely face higher monthly payments upon renewal.

Starting Oct. 17, all insured mortgages will have to undergo a stress test to determine whether a borrower could still make mortgage payments if faced with higher interest rates or less income.

If the homeowner defaults on his or her payments and the lender faces a loss following foreclosure, mortgage insurance covers the difference and turns a high - risk customer into a zero - risk customer.

Mobile payments still face some high barriers, like consumers» continued loyalty to traditional payment methods and fragmented acceptance among merchants.

If interest rates decline, however, bond prices usually increase, which means an investor can sometimes sell a bond for more than face value, since other investors are willing to pay a premium for a bond with a higher interest payment.

The second one is basically about all the problems that the buyers of these crypto assets face — some of these issues include the loss of anonymity, high commissions, unintuitive interfaces, limited payment choices, and extremely lengthy verification processes.

These changes mean that interchange payments on many transactions will have fallen, particularly for transactions at smaller merchants that previously faced higher interchange rates on their transactions.

Similarly, lower - tranche mortgage securities and CDOs (and increasingly the higher - rated ones) are facing disappointments in their payment streams due to mortgage foreclosures, while potential buyers of these securities require much higher risk premiums as compensation, which we observe as still lower prices for that mortgage debt.

By loaning money to a company with lower credit quality, investors face a higher risk of not receiving all of the promised interest and principal payments.

Because a similar freeze on charter school per - pupil tuition payments required from school districts was included in the rejected bill, districts will face higher costs of $ 70 million across the state.

Westchester County, the New York suburb where household income is 53 percent above the U.S. average, wants to use its top credit rating to sell taxable bonds to finance pension contributions and avoid increasing the highest taxes in the country... It faces a $ 54 million payment to the state retirement plan in 2011, $ 78 million in 2012 and $ 163 million in 2015, said County Executive Robert Astorino, who's working to close a $ 166 million budget gap next year.

GlaxoSmithKline, which makes Advair for asthma, Lovaza for high triglyceride levels and the diabetes drug Avandia, is under pressure facing all drug companies for greater transparency in payments to doctors, a provision of Obamacare

4.5 - inch 480 x 800 Super AMOLED Plus display Android 2.3 (Gingerbread) NFC support, though compatibility with the forthcoming ISIS mobile payment standard is «to be determined» Category 24 HSDPA (42 Mbps) and Category 6 HSUPA (5.76 Mbps) for extremely fast HSPA + support — faster than any HSPA + phone currently sold in the US AWS plus 850 / 1900 MHz compatibility for support on AT&T's «4G» network if the merger succeeds Preliminary measurements place it at 5.16 x 2.76 x 0.37 inches — within a few hundredths of an inch of the Infuse 16 GB internal ROM, 1 GB internal RAM, external microSD up to 32 GB Here's where it outdoes the Infuse: it's quoted with a Qualcomm 1.2 GHz dual - core APQ8060 application processor, which is extraordinarily unusual for a Samsung — particularly considering the availability of Samsung's own multi-core Exynos line; it's paired with an MDM8220 modem processor 8 megapixel primary camera with flash and 1080p video capture, secondary front - facing camera Like the Galaxy S II, the Hercules won't have a dedicated HDMI port — it'll move high - def video over Micro USB using MHL [CellphoneSignal]-LSB-...]

Connectivity Wi - Fi (802.11 a / b / g / n), Wi - Fi Direct, DNLA Built - in mobile hotspot functionality Next - generation Bluetooth 4.0 backward compatible with older Bluetooth - enabled peripherals and includes stereo audio streaming Near Field Communication (NFC) for sharing contacts, web pages, directions, and more to compatible phones as well as payments GPS for navigation and location services Integrated Google Maps with turn - by - turn navigation, street and satellite views Communications & Internet Full messaging capabilities including SMS text, MMS picture / video and IM instant messaging Full HTML browser with Adobe Flash Support Personal and corporate e-mail access with support for Exchange ActiveSync as well as mobile e-mail accounts (Google push, Yahoo!, POP3, IMAP) Hardware Dual - core 1.5 GHz processor capable of opening web pages twice as fast as most other smartphones 4.8 - inch HD Super AMOLED multi-touch screen (1280 x 720 pixels) MicroUSB port 3.5 mm headphone jack Memory 16 GB internal memory (non-expandable) microSD card slot with support for optional cards up to 64 GB 2 GB RAM for improved multitasking Camera 8 - megapixel camera with continuous auto focus, zero shutter lag, face detection, high dynamic range mode, burst mode, and more Full HD 1080p video capture (30 fps) Front - facing 1.9 - megapixel camera for HD video chats and self portraits Multimedia Music player compatible with MP3, WMA, AAC / AAC +, eAAC +, MIDI amd WAV Video player compatible with MPEG4, H. 264, H. 263and DivX

You could face higher monthly payments, less accountability, and could hurt your credit score.

Borrowers who do not end up graduating have an even harder time purchasing a home as they face decreased earnings and a higher risk for missing payments.

Refinancing is entirely dependent on the overall benefits to the borrower; it is not unknown for homeowners to refinance and face higher interest rates and monthly payments.

While many delinquencies have been caused by adjustable rate mortgages for subprime borrowers or with gimmicky features which caused payments to reset to unnaturally high levels, the rise in ten - year Treasury yields is a warning that a broader population of mortgage holders could face higher mortgage rates.

On average, individuals with low credit scores have greater difficulty qualifying for loans, face higher interest rates, and are required to make higher down payments.

This means that borrowers who may need a way to roll their existing HELOC's that enter the repayment period in the next 3 years may not be able to find a loan for which they can qualify and now are faced with the higher payments as their current HELOC is reset.

$ 40,000 credit card debt - Turning 58 - Have good paying job - Faced recent financial challenges (medical / family assistance) over last 5 months - Have 10 credit cards (3 with high balances, $ 15,000, $ 9,000 and $ 8,000)- Late payments only to the above 3 credit card accounts (3 mos, 2 mos, 1 month)- Made recent payments to 3 credit card accounts to bring accounts to temporary favorable status - Mortgage current - Completed graduate degree but left to pay last year out of pocket when reimbursement program was greatly reduced - Consulted with debt management counselor to go on budget and work with creditors to be paid out of a single monthly payment.

Even if you save a little on your monthly student loan payment, it might not outweigh the higher taxes you'll face each year.

Rising interest rates can also lead to increased default rates, as holders of adjustable rate debt find themselves faced with higher payments.

It is one easy way to ensure you keep track of your finances without facing bankruptcy because of too many payments or too high an interest rate.

Eventually, your ARM is going to reset, and you may be facing significantly higher mortgage payments when it does.

Debt Resolution is a viable option for anyone that has accrued debt due to unforeseen circumstances, is facing higher interest rates making it difficult to make the monthly payments, or feels they are stuck in the debt cycle of paying high monthly payments every month but not making any real progress paying down their debts under the original terms.

That's because GICs are always sold at face value, never at a premium, so you won't be hit with the one - two punch of high interest payments followed by capital losses.

«The only anomaly we found was that higher TPR levels actually resulted in higher auto and mortgage delinquencies for subprime and near - prime mortgage borrowers, but we attribute this performance to the mortgage crisis and its impact on the payment hierarchy — many consumers facing foreclosure placed a higher emphasis on paying off their credit cards,» added Becker.

Therefore, even if a homebuyer is planning on a FHA loan with 6 % in seller paid closing costs, should they encounter one of these properties with a lower purchase price, they could be facing the decision of choosing between a higher interest rate or a higher down payment.

Even for consumers with a flawless payment history, a high amount of unused available credit points to a higher likelihood of future payment problems, should the cardholder be faced with a situation in which the temptation to charge excessively would be too great to resist.

If you have bad credit, you'll get approved for a bad credit personal loan but you'll have to face higher loan payments.

Another misconception, especially for new graduates just beginning their careers and often facing high student loan payments, is that renters insurance policies are expensive.

Also, if you are not diligent in paying down your balance, you can be faced with a high balloon payment when the loan term expires.

For example, an American corporation that issues Maple Bonds may be faced with higher coupon payments in US dollars and, thus, a higher cost of borrowing, if exchange rates went up significantly.

That's creating an unusual situation for Canadians: for the first time in years, those renewing mortgages will be faced with higher rates and an increase in payments.

Remember that the low payment won't last forever and once it ends, you'll face a payment that is likely to be over 50 % higher.

If your credit card's minimum payment amount is so low that it doesn't even cover the interest, you can face the high - interest rate and end up paying off your debt for years.

Not only will you face a late - payment charge, which could be higher than your minimum payment, your tardiness will show up on your credit report, damage your FICO score and make it harder to get better terms for future loans and accounts.

It would be a huge relief if I could refinance into a program where I would get loan forgiveness but if I refinanced, I would still face 10 years of income based payments that I can not afford because the income based payments are too high.

While the loan balance will be forgiven at the expiration of the IBR program term (often 10 to 15 years), if your income rises above the maximum allowed for IBR programs, or if you make a career change that prevents you from continuing to participate in the IBR program, you will then be faced with a higher loan balance, and higher monthly payments.

Again, you could be facing high - interest payments if you can't pay off your balance by the due date.

A person who has defaulted student loans on their credit report may be required to pay higher interest rates, deposits, and payments — or they could face denial of services.

It's usual for credit cards: When you fail to make a payment on time or exceed your limit, you can face a higher penalty rate.

Partially inflating to do it, and borrowing to make interest payments would face a similar hurdle, because the borrowing would likely be at higher rates due to inflation.

Bonds selling above face value because their interest payments are higher than prevailing interest rates.

You are likely to face higher interest payments, and access to smaller loans.

The company's Flex4Life whole life insurance plan offers higher face amounts of coverage, along with a choice of premium payment options.