Sentences with phrase «immediate repayment»

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 death of a business owner may mean that creditors will demand immediate repayment of loans.

Each private lender requires immediate repayment for parent loans, whether they are interest - only or full principal and interest payments.

Several repayment options, including immediate repayment, deferred repayment, and interest - only repayment also apply to graduate loans.

Under this clause, the lender may demand immediate repayment if the borrower sells the asset purchased using the loan.

Borrowers may also choose immediate repayment, interest - only repayments, full deferment, and partial - interest repayments.

Looking for a way to cut the cost of your college loan, but don't want immediate repayment?

Borrowers who select immediate repayment have the option of receiving the lowest possible interest rate.

Loans sometimes come with strings like immediate repayment upon termination so be careful and understand the risks.

Events set out in a loan agreement that if triggered allow the lender to require immediate repayment of the loan.

An asset sale clause gives the lender the right to demand immediate repayment of the loan in the event that the borrower sells the asset purchased using the loan.

Several repayment options, including immediate repayment, deferred repayment, and interest - only repayment also apply to graduate loans.

Under this clause, the lender may demand immediate repayment if you sell the asset purchased using the loan.

RISLA offers two fixed - rate loan options for students: a 10 yr 4.24 % immediate repayment option and a 15 yr 5.99 % deferred repayment option.

Raise offers repayment options of 5, 7 and 10 years and gives you the option to start immediate repayment as soon as you take out the loan, or make interest - only payments.

Some loans may only offer immediate repayment.

After consolidating your private educational loans with Graduate School Loans, you will start immediate repayment, generally beginning 20 days after finishing your application.

For example, a $ 10,000 loan with a 5 - year term and immediate repayment at 6.64 % APR will result in 60 monthly payments of $ 193.09.

The EDvestinU Consolidation Loan will enter immediate repayment once the funds are disbursed to your current loan servicer (s).

In this case, you are responsible for immediate repayment of the withdrawal item if the Credit Union honors it in its sole discretion.

Reverse mortgages have become more popular because they allow the borrower to receive loan proceeds that do not require immediate repayment as long as you remain in your home as your primary residence, do not sell your home, at least one borrower lives in the home, you meet the basic income and credit standars, and follow loan guidelines.

The group recently demanded immediate repayment of the $ 465 million loan, according to people familiar with the matter.

Also, the student loan can be repaid over 7, 10, or 15 years3 and through a variety of repayment options including immediate repayment, interest - only repayment, a partial interest repayment, or full deferment4.

Students may also chose from a number of repayment options, which include interest - only repayment, deferred repayment, and immediate repayment.

Supports the immediate repayment by the Workers» Compensation Board of all assessments levied upon private self - insured employers during the trust crisis.

On the part of the borrower, you may be asked for the immediate repayment of your loan balance if your loan enter default and your cosigner is dead or has become bankrupt.

It is possible though unlikely that the lenders could demand immediate repayment.

As a Raise ^ borrower, you can opt for an immediate repayment schedule (where you start making payments while you're in school) or an interest only repayment schedule.

The brokers may also file a lawsuit against the borrower in the event of non-payment of additional margin money, demanding immediate repayment.

«When tragedy triggers an automatic default, responsible borrowers are thrown into financial distress with demands of immediate repayment.»

Acceleration The right of the mortgagee (lender) to demand the immediate repayment of the mortgage loan balance upon the default of the mortgagor (borrower), or by using the right vested in the Due on Sale Clause.

Repayment begins 15 days after the final disbursement for the immediate repayment option and 6 months after graduation for the deferred repayment option.

Flexible Repayment Options: College Ave also offers flexible student loan repayment options, including, for example, immediate repayment or interest only for the first two years.

Because of these differences, the table below only focuses on College Family Loans that either require immediate repayment or defer repayment until after school so that the comparison between the two loans is equal.

The low APR shown assumes that student applies with a cosigner, selects the 5 - year repayment term and the immediate repayment option, and receives 1 disbursement, and includes a.25 % interest rate discount for making ACH payments (see footnote 3).

Furthermore, they can choose from a number of repayment options, such as interest - only, immediate repayment, partial interest, or full deferment.

If you take a look at the table below you will see that for interest rates of 10 % or below an immediate repayment of a loan will lead to a small loss for the investor.

We overestimate the value of the goods or assets that we buy, particularly if funded by debt that has no obligation to make any payments in the short run, but a vague possibility of immediate repayment.

Students may also chose from a number of repayment options, which include interest - only repayment, deferred repayment, and immediate repayment.

Because of these differences, the table below only focuses on Partnership Loans with fixed interest rates that either require immediate repayment or defer repayment so that the comparison between the two loans is equal.

Unlike Parent PLUS loans, Grad PLUS federal student loans do not require immediate repayment.

«When tragedy triggers an automatic default, responsible borrowers are thrown into financial distress with demands of immediate repayment,» Richard Cordray, the director of the CFPB, said this week.

Otherwise, it doesn't make much financial sense for companies to demand immediate repayment of a loan that's being paid off on time.

Any applicant who applies for the loan the month of, the month prior to, or the month after their graduation date, as stated on the application or certified by the school, will only be offered the immediate repayment option.