Sentences with phrase «handling higher payments»

This philosophy holds true, provided mortgage rates stay reasonably low and your budget is capable of handling higher payments.

That's the rate most lenders use when testing a prospective borrower's ability to handle higher payments.

Though interest rates aren't likely to rise until about mid-2011, policy makers are worried that too many Canadians won't be able to handle higher payments when they do.

That's the rate most lenders use when testing your ability to handle higher payments.

If your new payment will be much higher than what you're currently paying, be prepared to explain to the lender why you will be able to handle the higher payments.

Not exact matches

Despite lower pay, women handle credit more responsibly than men, on average, according to Experian, which reports that men have a 7 percent higher incidence of late mortgage payments and 4.3 percent more debt than women.

Homeowners who can handle the higher monthly payments can benefit from refinancing to a shorter term.

Among all the brick - and - mortar mortgage lenders licensed to operate in Michigan, Huntington earned the highest ratings for customer satisfaction in terms of the way it handled mortgage payments and servicing.

But the tight timeframe could put a heavy burden on your cash flow right now, so make sure you can handle high monthly payments for a little while.

For borrowers that can qualify for a better interest rate and can handle a higher monthly payment, it's possible to save thousands of dollars in interest.

Be mindful of the fact that you will risk losing your home if you default on your mortgage because the payments are too high to handle.

Following are the things that can effect changes on your scores: • Consistent and constant late payments • Increased or reduced credit limits • Higher credit card balances • Higher HELOC (Home Equity Line of Credit) balance • Closing revolving accounts • Recent credit inquiries made In the same way, any new practice you start in managing your credit takes effect and influence your credit scores within 30 to 60 days; due to the lag time between the action you take against the period it takes the creditor to report the action to the agencies who handle credit reports.

Interest rates can be as high as 22 %, so when a payment is missed, the missed payment fee combined with the interest can very quickly become too much to handle.

Since the 5 % min payment was too much to handle at the time, I sucked it up and agreed to the higher 7.99 % APR..

Not only will you be able to handle your monthly payments better with a higher income, but you are much more likely to be approved for a refinancing loan at a lower interest rate.

They are also best for people who do not mind the risk associated with this type of loan and those who would be able to handle potentially significantly higher payments.

Higher interest rates typically means more debt to handle later on, as well as larger monthly payments.

Before cashing out your equity, honestly assess whether you can handle a higher mortgage payment.

If these policies are handled incorrectly, they can turn out to be more expensive as you grow older, the cash value can erode, and the policy could end up lapsing if premium payments aren't high enough to continue to fund the policy (remember the bucket analogy from the beginning of this section).

And as of Jan. 1, buyers who don't need mortgage insurance are required to prove they can handle payments at a qualifying rate of the greater of the central bank's five - year benchmark rate or two percentage points higher than the contractual mortgage rate.

By following the advice in my book — paying your mortgage as if rates are already higher, making lump sum payments with found money, and paying your mortgage on an accelerated payment schedule — you can use low interest rates to your advantage and be in good financial shape to handle a rate hike or two whenever it happens.

Payment shock threshold is based on the idea that a borrower who is already paying significant housing payments every month can handle a larger payment, while a borrower who has very small housing payments currently may be a victim of payment shock and default on the loan if the payments are significantly higher than the monthly payments they are currently Payment shock threshold is based on the idea that a borrower who is already paying significant housing payments every month can handle a larger payment, while a borrower who has very small housing payments currently may be a victim of payment shock and default on the loan if the payments are significantly higher than the monthly payments they are currently payment, while a borrower who has very small housing payments currently may be a victim of payment shock and default on the loan if the payments are significantly higher than the monthly payments they are currently payment shock and default on the loan if the payments are significantly higher than the monthly payments they are currently making.

They're told that they'll be able handle the monthly payment after they graduate and get that high paying job.

The banks are supposed to take that number, roughly an average of all the banks, then add 200 basis points (two percentage points) on top of it, then see if the mortgage shopper can handle payments at that higher rate.

As things stand, the Bitcoin network can process only a few transactions per second, which could strongly limit the ability of the network to handle high transaction volumes if the adoption of bitcoin payments grows.

Met all customer call guidelines including service levels, handle time and pr... processing payments and maintaining high levels of customer satisfaction in all interactions.

Cash handling and / or payment transaction experience in a medium to high volume environment with established processing procedures and controls

• Hands - on experience in ensuring high levels of customer satisfaction through provision of exceptional customer services • Highly skilled in assessing customers» needs and providing both information and assistance to ensure that they are met appropriately • Deep insight into the «extra mile» mantra to drive sales and ensure repeat business opportunities • Deeply familiar with recommending merchandise based on each customer's individual requirements and likes • Demonstrated expertise in preparing sales contracts and handling payment processes for both cash and credit card transactions • Unmatched ability to serve multiple customers at the same time, without compromising quality of services • Qualified to handle merchandising, visual merchandising and stocking activities in a time efficient manner • Proficient in upholding and implementing loss prevention strategies, and effectively reducing item loss through constant check and vigilance • Adept at processing shipments and ensuring that all merchandise is appropriately represented on the floor • Competent in recommending products to customers by effectively and efficiently providing information of benefits and demonstrating product features • Well - versed in engaging customers though conversation to determine their needs and assisting them in locating their choices of products • Proven record of suggestively selling additional items and services in a bid to meet company and self - sales goals

SOME COMPANY Sep 2008 — Mar 2013 Courier • Suggested a safe way of transporting hazardous goods, resulting in high commendation from the supervisor • Determined quickest and safest routes to delivery addresses by using technology and conventional address - finding methods • Handled paperwork and delivery documents in order and up to date, by following the company's documentation protocols • Performed regular and preventative maintenance on delivery vehicle such as fluid levels management • Took payments for cash on delivery (COD) items and issue receipts • Provided feedback to the company dock about delivered and undelivered items

Professional Duties & Responsibilities Responsible for company customer service departments across multiple fields Hired, trained, directed, and reviewed customer service representatives Directed call center ensuring professional and efficient operations Increased company efficacy through the establishment of best practices Ensured professional and timely response to customer service inquiries Maintained extremely high client satisfaction rate resulting in repeat business Authored and presented customer service, finance, and personnel reports for senior leadership Tracked daily, weekly, and periodic customer service interactions Handled financial transactions including credit card payments, declines, and collections Resolved shipping, warranty, and product operation inquiries Oversaw the creation, update, and maintenance of client information database Maintained working knowledge of company products and services to best assist clients Built long - term relationships with employers, piers, clients, and industry leaders Assisted various company departments with special projects as needed Fostered an atmosphere of respect and dedication to company goals Performed all duties in a professional, positive, and timely manner

Many whose mortgages came up for renewal in 1981 had to sell because they couldn't handle the higher new monthly mortgage payments.

If the CB gets its way the public will become far more educated when they are exposed to such climate and as time goes on will be able to handle their own buying and selling of real estate and as such avoid the unscrupulous dealers and also avoid the payment of high commission rates.

The payments are too high for our fixed income, and we're trying to find the best way to handle this.

But you've got to be able to handle a higher monthly payment in Year 8 without financial distress.»