Sentences with phrase «for full repayment of the loan»

You get no benefit from the loan that is made, but you are liable for full repayment of the loan should the primary debtor refuse to pay.

Fully amortizing loans, or self - liquidating loans as otherwise referred to, are loans that call for full repayment of the loan principal by the time the loan term expires.

Not exact matches

And while having a co-signer does help your interest rate, your co-signer is not stuck with the loan for the full length of repayment.

Because portfolio loans are interest - only, these were interest - only for the first 10 years and assumed a sale of the business and full repayment of capital at that moment in time.

Borrowers must be able to demonstrate they are ready «assume full responsibility for repayment of the loan» or loans on their own, and pass a credit review that demonstrates a satisfactory credit history.

Provides physicians up to $ 100,000 of educational loan repayment for a full - time service commitment or up to $ 50,000 for a partial commitment.

Finally, GM's quick repayment of the loans has whetted the appetite of some commentators (including DeCloet) for the ultimate repayment of the full government contribution. That would occur through the issuance of public equity by GM and Chrysler, creating a market for those stocks into which the government would presumably sell its shares. There is even some nefarious language in the rescue packages requiring the government to sell off its shares within specified, relatively aggressive timelines. The more I think about it, the less this makes sense — neither for the auto industry, nor for taxpayers. Why not hang onto the equity stake? If the companies recover and the equity gains market value, then the government will be able to claim that on its balance sheet (hence officially recouping the cost of its written - off contributions and creating a budgetary gain).

Chicago, IL, April 3, 2018 — Coveris Holdings S.A. («Coveris» or «the Company»), a premier global packaging manufacturer, today announced an amendment process to its existing credit agreement dated November 8, 2013 to allow for the full repayment of the Senior Notes, the USD Term Loan and the ABL Facilities.

Most borrowers enter repayment under a standard payment plan that pays off the loan in equivalent monthly payments over the full term of the loan, but you may be able to choose a different plan that works better for your current situation.

After 20 years of Income - Based Repayment, a participant can qualify for full student loan forgiveness.

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.

For example, Penguin Random House will pay $ 1,200 per year (up to $ 9,000) in student loan repayment benefits for any full - time employee who has more than 1 year of service with the compaFor example, Penguin Random House will pay $ 1,200 per year (up to $ 9,000) in student loan repayment benefits for any full - time employee who has more than 1 year of service with the compafor any full - time employee who has more than 1 year of service with the company.

Borrowers may also opt for standard repayment, which requires full principal and interest payments each month from the start of the loan.

West Virginia's State Loan Repayment Program offers loan repayment for nurses practicing full - time for a minimum of two years in rural, underserved arLoan Repayment Program offers loan repayment for nurses practicing full - time for a minimum of two years in rural, underservRepayment Program offers loan repayment for nurses practicing full - time for a minimum of two years in rural, underserved arloan repayment for nurses practicing full - time for a minimum of two years in rural, underservrepayment for nurses practicing full - time for a minimum of two years in rural, underserved areas.

For the purpose of regaining eligibility to receive federal student aid, a satisfactory repayment arrangement requires you to make six consecutive, voluntary, on - time, full monthly payments on the defaulted loan.

The Indian Health Service (IHS) Loan Repayment Program awards up to $ 20,000 per year for the repayment of your qualified student loans in exchange for an initial two - year service obligation to practice full time at an Indian health progRepayment Program awards up to $ 20,000 per year for the repayment of your qualified student loans in exchange for an initial two - year service obligation to practice full time at an Indian health progrepayment of your qualified student loans in exchange for an initial two - year service obligation to practice full time at an Indian health program site.

And while having a co-signer does help your interest rate, your co-signer is not stuck with the loan for the full length of repayment.

The interest represented assumes full payments are made each month for the entire term of the loan using ACH repayment.

Chapter 13 allows the debtor to enter a repayment plan wherein, they contribute a monthly sum for the full or partial payment of their existing loans.

One of the most common is through the Public Service Loan Forgiveness (PSLF) Program, which may forgive the remainder of your debt after you've made «120 qualifying monthly payments under a qualifying repayment plan while working full - time for a qualifying employer,» per the Department of Education.

5This informational repayment example uses typical loan terms for a parent borrower who selects the Full Principal & Interest Repayment Option with a 10 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.83 % fixed Annual Percentage Rate («APR»): 120 monthly payments of $ 114.82 while in the repayment period, for a total amount of payments of $ 1repayment example uses typical loan terms for a parent borrower who selects the Full Principal & Interest Repayment Option with a 10 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.83 % fixed Annual Percentage Rate («APR»): 120 monthly payments of $ 114.82 while in the repayment period, for a total amount of payments of $ 1Repayment Option with a 10 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.83 % fixed Annual Percentage Rate («APR»): 120 monthly payments of $ 114.82 while in the repayment period, for a total amount of payments of $ 1repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.83 % fixed Annual Percentage Rate («APR»): 120 monthly payments of $ 114.82 while in the repayment period, for a total amount of payments of $ 1repayment period, for a total amount of payments of $ 13,778.89.

The outstanding loan amount will reduce the death benefit dollar for dollar in the event of the death of the policyholder before the full repayment of the loan.

The National Health Service Corps (NHSC) Students to Service Loan Repayment Program (S2S LRP) provides up to $ 120,000 to medical students (MD and DO) in their final year of school in return for a commitment to provide primary health care full time for at least 3 years or half time for at least 6 years at an approved NHSC site in a Health Professional Shortage Area of greatest need.

If the Graduate's income figure is $ 60,000 or less, he / she will be entitled to full loan repayment assistance in the form of 100 % coverage of monthly loan payments in the Income Based Repayment plan, subject to the availability of funds budgeted for thisrepayment assistance in the form of 100 % coverage of monthly loan payments in the Income Based Repayment plan, subject to the availability of funds budgeted for thisRepayment plan, subject to the availability of funds budgeted for this Program.

This contrasts with the loan forgiveness of the remaining balance after 25 years of repayment under the income - contingent and income - based repayment plans for borrowers who are not employed full time in public service jobs.

While authorized users do not carry any final responsibility for repayment of the loan, co-applicants are vetted by the loan originator and have full access to all information regarding the loan, its payment history, origination and repayment details.

In exchange for a two - year commitment for full - time work or four years of half - time work in an HPSA, the California State Loan Repayment Program will provide loan repayment assistaLoan Repayment Program will provide loan repayment asRepayment Program will provide loan repayment assistaloan repayment asrepayment assistance.

Your lender, landlord or utility provider may only require a certain number of on - time payments, or it may require a satisfactory credit history and demonstrated ability to assume full responsibility for repayment of the loan.

Dear Sir, I have completed 3 year and 5 month EPFO account can I withdraw full amount for repayment of my Mortgauge loan account repayment.

Beginning in January 2017, any regular full - time employee who has been with the company one year is eligible for the student loan repayment benefit of up to $ 1,200 annually during their employment, for up to seven and a half years, totaling $ 9,000.

The terms of repayment for 84 months, which reflect the repayment obligations over the full term of the loan, including any balloon payment.

* Under this program, borrowers may qualify for forgiveness of the remaining balance due on their eligible federal student loans after they have made 120 payments on those loans under certain repayment plans while employed full time by certain public service employers.

Borrowers must be able to demonstrate they are ready «assume full responsibility for repayment of the loan» or loans on their own, and pass a credit review that demonstrates a satisfactory credit history.

Comments: Some commenters asserted that rehabilitated loans, which are defaulted loans subsequently paid in full or defaulted loans that returned to active repayment status, should not be treated as defaulted loans for the purpose of calculating loan repayment rates.

While other states offer chances for repayment of loans and even full forgiveness, Tennessee residents will not find state - sanctioned opportunities.

Commonly referred to as SHARP II, this is a program aimed at providing loan repayment opportunities for both full - time and part - time physicians and clinicians that serve in one of Alaska's underserved locations.

The key questions are — how long do you plan to stay in the home, when do you want to pay off the mortgage or sell the property, what will your income look like in the next 3, 5 — 10 years — do you need better cash flow with lower payments or a workable repayment plan to pay off the mortgage sooner — knowing the borrower's short and long term plans and financial goals is necessary to make the best options avilable — the numbers of actual cost and benefits are the answer — show the total costs of principal and interest over 5 year periods and the total for keeping the loan for the full term, these are the real costs and savings for the borrower.

First, borrowers may opt for immediate repayment of a new student loan, requiring full principal and interest payments on a monthly basis, 45 days after the loan is funded.

The government (regardless of administration) keeps demonizing banks and lenders for wanting to be repaid (how absurd to loan money and expect repayment on time and in full!)

Those that earn under fifty - five thousand are eligible for full loan reimbursement, while those between seventy five and fifty - five thousand annually earn a loan percentage of repayment based on their annual income.

If you are a full - time member of a faculty that focuses on doctoral studies and are located along the border of Mexico, you are eligible for loan repayment.

Most firms now either withhold some portion of a partner's earnings, allowing the partner to fund his or her capital contribution over some definite time period, or the partner is obligated to borrow money from a bank or other source for the full amount, with repayment of the loan guaranteed by the partner or the firm.

Unfortunately, student loan repayment plans are complicated and full of fine details, making it hard to compare plans and figure out which one is best for you.

The Small Business Administration has also set out a series of tough guidelines for how a life insurance policy should be restructured in order to ensure full repayment of a loan if the borrower dies.

Currently, taxpayers can claim an annual deduction of Rs 1 lakh under Section 80C for instruments such as PPF (with a limit of Rs 70,000), PF, NPS, ELSS, premium for pure life insurance or ULIP, principal repayment of home loan, national savings certificates (NSC), fixed deposits with a maturity of five years, payment of tuition fees for full - time education for up to two children.