Sentences with phrase «hook for the loan»

And if they are and massive loan is in default THEY HAVE TO F - ING ANNOUNCE IT, not secretly modify / extend / waive production requirements etc. and wait until bankruptcy filing for all of us on hook for loan to find out for the 1st time.

«You don't want to leave them on the hook for the loan or have them negatively impacted in any way.

Banks are on the hook for any loans to businesses that go wrong, but if the bank itself were to go under, the taxpayer loses out.

It seems others are starting to highlight «RATS» as in Democ» RATS» and point out how much they borrowed and I will ask again «WHO IS ON THE HOOK FOR THE LOANS»

Students that drop out and owe student loan debt are on the hook for the loans and without the benefit of the degree.

Fannie Mae or Freddie Mac is on the hook for your loan if it's a HARP refinance, so they want to allow you to get a lower payment and be in a position where you are less likely to default on your mortgage.

If you do not have a cosigner, generally your children or relatives are not going to be on the hook for the loan amount.

I would like to file separate because I do not want to be on the hook for his loans.

Also, you could be 100 % on the hook for the loan should the borrower become disabled or even die.

In some circumstances parents may be left on the hook for the the loan balance even if the student were to pass away.

The cosigner will be on the hook for the loan, a responsibility that could potentially lead to a damaged credit score, difficulty accessing financial products down the road, and a strained and unhealthy relationship with the borrower.

But what's sometimes not understood is that the co-signer is also on the hook for the loan.

They're going to move on to the other people who are on the hook for the loan.

For those new to understanding what a co-signer is, a co-signer is applicable when a bank or lender of any kind tells you that you can only be approved for a loan if someone with a better credit score / credit profile is also on the hook for the loan if you don't fulfill your obligation.

And if your application is approved, you're off the hook for the loan.

They will still have you on the hook for a loan, and after they grab back the car, they can put it up for sale again.

Once the reaffirmation agreement is signed, you are back on the hook for the loan.

Contrast that with private loans — if the primary borrower dies or becomes disabled, you may still be on the hook for the loan.

A co-signer is on the hook for a loan, to the same extent you are, so their credit is impacted similarly.

While it's true that banks aren't on the hook for loans that have been CMHC insured, it doesn't mean you are off the hook.

How does one get to an age in which you could see your grandchildren graduate from college — with hefty loans, no doubt — while still being on the hook for loans yourself?

However, President Trump's 2018 fiscal budget proposed eliminating the program altogether after July 2018, potentially leavings millions on the hook for loans after taking lower paying jobs to qualify for forgiveness.

At the end of the day, the only person on the hook for these loans is you, and you will pay for them one way or another.

If a lender does not offer this benefit, then your parents or other family members might be on the hook for your loans if anything were to happen to you.

That means you could be on the hook for loans or credit card debt that your husband racked up before his death.

They're going to move on to the other people who are on the hook for the loan.

If someone has co-signed a loan for you, for instance, for education or a home, they'll be on the hook for the loan in the event of your untimely demise.

The good news is that by virtue of the structure, the policyowner can never be on the hook for a loan that's greater than the available cash value.

If you co-sign for a vehicle with your ex, the lender has no legal obligation to let you off the hook for the loan simply because you're divorcing.

If your ex doesn't make good on this responsibility, you're still on the hook for the loan payments.

No. 2 while you're still on the hook for the loan on Home No. 1.

I haven't done this, so not 100 % sure, but you might still be on the hook for loan since you signed the note and mortgage with the seller.