Sentences with phrase «for financial default»

For financial default coverage, travelers need to make their initial insurance payment within 14 days of booking the first parts of their trip.

In order to be eligible for the financial default benefit, the Tin Leg policy must be purchased within 14 days of the initial trip deposit and the financial default must occur more than 14 days following the policy» $ ™ s effective date.

In order to be eligible for the financial default benefit, the Tin Leg policy must be purchased within 14 days of the initial trip deposit and the financial default must occur... Read More

Even though it varies by the insurance company and the plan, you are covered for the financial default of the airline, cruise line or tour operator if you purchase the travel insurance within 7 - 21 days of initial trip deposit.

Financial default coverage can help to reimburse for any losses due to a travel supplier filing for financial default and stopping services.

There is no coverage for the Financial Default of any person, organization, agency, or firm from whom the Insured purchased travel arrangements supplied by others.

The best way to find the policies with the best coverage for financial default is to use a comparison engine.

Be aware of the «waiting period» for financial default coverage in many travel insurance plans.

With travel insurance protection for financial default, your pre-paid money can be refunded to you.

You get protection against the financial default of a tour operator, airline or cruise line This depends on exactly which company you buy from, but in general you will have coverage for financial default.

Travel insurance companies will define the specific travel suppliers that they will cover for financial default.

Not exact matches

Valeant, which has about $ 30.77 billion in debt, also had to appease creditors after missing deadlines for filing financial reports, triggering default notices.

It hopes to submit its restated financial statements for 2015 to regulators by April 29 to avoid defaulting on its debt.

Although college - educated people are more likely to have the financial wherewithal to buy a home than those without a college education, the mounting rate of default on student loans is hurting young people's credit ratings - and making it much harder for them to buy a home or condominium.

Although a few municipalities did default this year, the overall volume of defaults actually eased, deeply wounding Whitney's reputation for prescience that she'd earned during the financial crisis.

Combining this with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks, with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).

Consider these risks before investing: The value of securities in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer, industry, or sector and, in the case of bonds, perceptions about the risk of default and expectations about changes in monetary policy or interest rates.

Learning how to manage your loans and prevent defaulting on your debt is essential for your financial security.

Written by NCEO founder Corey Rosen, this issue brief discusses as of mid-2016 the extent and growth of employee ownership; survey data on ESOPs and corporate governance as well as ESOPs and executive compensation; research on the effect of ESOPs on corporate performance; the 2012 shared capitalism study of Great Place to Work applicants; data on employee ownership and employee financial well - being; the NCEO's analysis of data on ESOPs and default rates; trends in broad - based equity compensation plans; equity compensation and corporate performance; the impact of ESOPs and other broad - based plans on unemployment; legislative and regulatory issues for employee ownership; and international developments in broad - based plans.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Some also offer income - based repayment if you're in danger of defaulting on your student loans or your cosigner's financial situation has changed (due to a divorce, for example).

By default, they're designed to browse the online financial market for consistently winning ventures then execute investment calls after checking with the available databases.

We saw in 2008 how weak links in the mega banking chain spilled out across Wall Street because of the invisible linkages to other banks and financial firms unknown to the public — like the fact that the big insurer, AIG, was the backer for tens of billions of dollars of credit default swaps while having no money to pay off the bets it had accepted from the biggest Wall Street firms.

Institutional clients are, due to their status as licensed financial institutions, not covered for cash in case of Saxo Bank's default.

A financing business is nothing else than an «in - house bank», sharing much more characteristics with a financial than a corporate business, for instance requirement of continuous capital market access, default risk etc..

Moody's Investors Service announced it would review «for possible downgrade» the credit ratings of five states, including Maryland, that could be hit particularly hard if Congress fails to raise the nation's debt limit by the Aug. 2 deadline and defaults on its financial obligations.

In turn, these defaults could make it hard for GM Financial to service its $ 80 billion in debt.

Yet, as the Financial Times reported today, the demand for MUNI BONDS isn't there post Meredith Whitney as the yields are insufficient to overcome the fear of default.

In 2007, the market for Credit Default Swaps (CDS) was on a six year journey from relative obscurity, to being the hottest financial product in the world.

There are many cross currents alive in the investment world as the LTRO is behind us, ISDA defaulted on its role as a referee on global financial issues in the face of political threats from the EUROCRATS, and the Bernanke FED looks to be waiting for a new crisis to erupt before undertaking another further easing.

Should Greek voters reject the austerity plan, it could lead to a messy default on the country's debt that would likely cause massive losses for banks that hold Greek bonds - and possibly spark a wider financial crisis that could send Europe into recession.

The insurance companies have promised to make timely interest and principal payments on any bonds covered by insurance if Puerto Rico defaults, said Rob Williams, director of income planning at the Schwab Center for Financial Research.

The cost of insurance against defaults by European banks reached an all - time record for that reason last Friday, and banks stopped lending to each other on the interbank market «portending an imminent collapse of the financial system.

Although credit default swaps have been highly criticized for their role in the recent financial crisis, most observers conclude that using credit default swaps as a hedging device has a useful purpose.

Reforms to the financial sector are very welcome, following a very difficult year for small businesses which have seen costs on overdrafts rise and loans being defaulted.

FLORENCE, Italy — With its national banks teetering on the edge of default and an uncertain economic future, Italy's financial woes have had a significant impact on state funding for arts education and the availability of student finance for Italian students, creating a challenging landscape for fashion education.

In a lower rate environment, credit default insurance for the European financial sector is becoming cheaper.

In either case, financial experts suggest consumers look at a debt consolidation plan as a way to satisfy creditors and avoid the consequences for default.

Bond prices may fall or fail to rise over time for several reasons, including general financial market conditions, changing market perceptions of the risk of default, changes in government intervention, and factors related to a specific issuer or industry.

Consider these risks before investing: Bond prices may fall or fail to rise over time for several reasons, including general financial market conditions, changing market perceptions of the risk of default, changes in government intervention, and factors related to a specific issuer or industry.

You don't want delinquent payments and defaulted loans to cause you to lose your assets, negatively impact your credit rating, or cause financial distress for your family.

If someone owns multiple properties and runs into financial trouble, they are more likely to default on their mortgage for their investment property.

The Consumer Financial Protection Bureau said in 2016 that 70 % of borrowers in default on student loans would qualify for the low payments offered through the PAYE and REPAYE programs, but haven't signed up.

Also, it's good to note that while it was popular just prior to the financial crisis, the fact that borrowers sometimes owed more than their homes were worth and that default rates for piggyback loans were high after the housing bubble burst, nowadays it is more challenging to locate one.

The 2016 National Financial Capability Study reveals information that helps hammer down the trouble demographic for student loan delinquency and default.

PMI is basically an insurance policy that you (the borrower) take out for the lender to protect them from financial losses in the event that you default on your mortgage.

Default can lead to long term major problems for your financial health.

Scores below 580 are indicative of a consumer's poor financial history, which can include late monthly payments, debt defaults, or bankruptcy; individuals in this «subprime» category can end up paying auto loan rates that are 5 or 10 times higher than what prime consumers receive, especially for used cars or longer term loans.

The recent financial crisis has created a perfect storm for student loan default, and universities are being forced to take action to protect their own financial interests.

When you are in default on your student debt for three to six months, you can expect to deal with some financial difficulties such as student loan garnishment.