Sentences with phrase «happens during the loan term»

Remember, most lenders want to know that you can repay a loan (which is why they ask about revenue, cash flow, and other financial metrics), will you repay a loan (which is demonstrated by your past credit behavior and why your credit profile is so important), and that they can count on you to make each and every payment in a timely manner regardless of what happens during the loan term.

Remember, most lenders want to know that you can repay a loan (which is why they ask about revenue, cash flow, and other financial metrics), will you repay a loan (which is demonstrated by your past credit behavior and why your credit profile is so important), and that they can count on you to make each and every payment in a timely manner regardless of what happens during the loan term.

Not exact matches

The same thing will happen with a new term loan; your score may go up initially during the loan due to a better credit mix, but once you pay it off it probably won't help you ever again.

This law is trying to make every lender accountable for every unknown factor that could happen during the term of the loan.»