Sentences with phrase «getting a loan because»

If you are an inventor, understand that obtaining capital for manufacturing is possible but it's a really long stretch to believe that you are going to enter a bank and get a loan because your idea is the next greatest thing since chewing gum.

However, you need to be careful when getting a loan because not all online lenders offer you the best deal.

Evans was so broke after years of fiscal mismanagement it couldn't get a loan because its credit rating had been withdrawn.

If your income has decreased, you may find it harder to get a loan because you have income that is insufficient.

If you are unmarried and facing a problem in getting a loan because your DTI ratio is too high, consider co-signing with a working parent.

The trouble with many loans is that individuals with bad credit can not get loans because of a credit check.

It is very easy to get lured into getting a loan because of its availability today.

No credit checks are performed so, whether your credit score is good, bad or non-existent, it doesn't affect your chances of getting this loan because minimum requirements are needed for approval.

Through this program veterans can purchase a home with no money down and have an easier time getting a loan because a portion of the mortgage is guaranteed by the VA..

UK Credit agencies: These may be good to know if you are having trouble getting a loan because of your credit history.

I wanted to get a house for my family because I wanted a bigger space for my kids but I couldn't get a loan because I had a poor credit score.

I have been battling to get a Loan because of my low credit score but a friend of mine introduced to a wonderful hacker named Loyd Blankenship.

In the past I've looked into rumors suggesting Fisker got the loan because it agreed to build a factory in Vice President Joe Biden's home state and deliver Delaware green jobs.

I would see if you can barrow from family or friend before you consider getting a loan because your «down payment loan» will make the banks think you are extremely risky and they would think that you should not own a house.

Credit repair If a client is having issues getting a loan because of credit issues, a real estate agent can suggest a credit repair company.

If you simply can not get a loan because of no verifiable income then you will have to get creative and either buy with owner financing, lease option, etc..

Borrowers usually don't know whether or not they are getting a loan that meets QM requirements unless they are told they can't get a loan because of new regulations and the lender explains the details.

Not exact matches

Because back in 1971 small business had trouble getting loans from Canadian banks to grow their companies.

True, some investors may still be attracted to tax - loss harvesting because it's like getting an interest - free loan that is paid off in inflation - depreciated dollars.

«Secondly, they're borrowing to finance cars and trucks because most Canadians just don't have the money to pay for a vehicle outright anymore, and finally, for student loans, which is another big - ticket item that if they haven't saved for a few years, they will have to get loans for.»

Although it took four months for them to get approved for the loan, the funding was crucial in helping the founders get their business off the ground last August, especially because friends, family, banks, community lenders and angel investors had all turned them down.

By contrast, small business confidence seems to be on the rise, Raddon suggests, in part because entrepreneurs are having an easier time getting loans.

It can be a bad idea to loan money to family, because you might not get it back.

I knew that my chances of getting a Prosper loan were very good because of my repayment history.

He wrapped things up a bit earlier than expected because he got a $ 3,000 income tax refund, and finished off his loans with it.

«Getting funding for a cannabis business presents very unique challenges because you can't just get an SBA, or small business loan, and banks are not going to lend money to you either,» Super Bowl champion and cannabis entrepreneur Marvin Washington told me during an interview for my book with Entrepreneur Media, Start Your Own Cannabis Business.

Owners of less - successful small businesses will find bank loans tough to get because they are the marginal borrowers who are often unable to get loans when credit is scarce.

My boss, the owner of a small LLC, is having problems getting a loan for the LLC because he has credit card debt, and a credit score between 650 and 700.

Because he couldn't get a bank loan, he and his wife «were doing hundreds of pounds of laundry a week just by ourselves,» he says.

Plus, banks don't want to waste their time filling out lengthy SBA loan applications if they are confident you'll get denied because of a low FICO SBSS score.

Not accounting for student loans is bad because even the financially responsible took out loans to get graduate degrees.

Antunovic says it's been hard to get bank loans because the e-retailer has little credit history.

Auto loans stretching six or seven years are often criticized as a poor choice because they leave borrowers underwater for years before they finally get to a point where the vehicle is no longer in negative equity.

If he were to refinance his student loan with SoFi, which recently raised a whopping $ 1 billion in funding from Softbank to help make student loans even cheaper, I'm sure he could get lower than 5 % because he went to William & Mary, Columbia for his Master's in Public Health, Yale for Medical School, and Cornell for his residency!

Before deciding where to get a loan, shop around because financial institutions offer different rates.

Even though she needed a loan to purchase an existing business, because she was a new owner, it was considered a startup and she wasn't able to get a traditional loan at the bank.

However, because the lender is guaranteed to receive all of the interest on the loan, you can usually get a better interest rate on loans with yield maintenance.

For example, federal loans can often be a better option for borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progloan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness ProgLoan Forgiveness Program.

Then if all goes according to plan, you'll have that much of an easier time getting a second loan because lenders will see that you're reliable.

Even though algorithms decide so much of a citizen's life — what ads a person sees, what political messages they hear, what kinds of loans they can get, how they fair in the criminal justice system — these things are all under the sway of algorithms, and most consumers don't feel empowered to push back because they don't know the math.

It's hard to get an auto loan, because it used to be that lenders could resell the car at a given price after a year or two.

Congress appropriated a $ 4.9 billion recovery loan rather than a grant for Puerto Rico in October, but FEMA and the Treasury Department said in January that the territory may not even get that money because the local government still has cash in its coffers.

I would be remiss if I didn't mention these people as potential sources of a small business loan, because so many small business owners and would - be entrepreneurs get the money they need to start or carry on their enterprise from these folk that I listed it as the second most popular source of small business loans in my article, 8 Sources of Business Start Up Money.

Remember, most people who get loans through Lending Club or Prosper do so because they can't get a loan from a traditional bank.

Because of this, many borrowers will use a bridge loan to renovate a property that wouldn't qualify for a traditional mortgage before selling it or getting long - term financing.

The Pew study found that 27 % of payday loan borrowers get hit with checking account overdraft fees because they don't have the money to make their loan payments.

It's because they can't get loans.

Because this is an unsecured loan product, getting a loan does not require business owners to put down collateral.

but because of the tax advantages and relatively low interest rates, you are more likely to get in trouble by having high credit card or car loan balances.

If you can't get approved because the defaulted loans tanked your credit, you may be able to qualify for a personal loan with a cosigner.