Sentences with phrase «lack of payment»

A term life insurance policy, once in force, can only be canceled for lack of payment of the premium.
There are 70 to 90 million people that have subprime credit due to lack of payment history.
The only time it becomes a problem is if there is a gap in coverage that you can't explain or that was caused by lack of payments.
You will not need to worry about missing payments or losing your coverage for lack of payment.
The article, written for Professor Paulsson's advanced arbitration seminar last year, focused on the legal consequence of lack of payment of deposits during an arbitration and on the way courts have answered this practical issue.
Much like an auto insurer insured policyholders against loss from damage or accident, the FHA agreed to insure lenders against loss from lack of payment (which is known as «default» in mortgage terminology).
«· Foreclosure: A foreclosure is reported on a credit report if a bank has repossessed real property (real estate) due to reporting lack of payments.
Companies like Chevron and others have long been frustrated with lack of payment.
The results identified pressing issues such as the current lack of payments traceability and confirmation of credit, the lack of visibility on bank fees deducted from transactions and the inconsistencies between the amount sent and amount received by the beneficiary.
Dana Young says in response that those who have lost their licenses because of lack of payment yet may be a danger on the roads and will not have their licenses reinstated.
Faraday Future has had a difficult year, with rumors financial woes growing worse, lawsuits from vendors alleging lack of payment, and the loss of several key executives that reportedly culminated with the recent departure of global CEO Ding Lei.
It will not be possible to purchase a Miles & Go discount until there is a positive balance (> = 0); This discount is not valid for Award Tickets or children's tickets; This discount can not be used in conjunction with any other discounts available while booking (e.g. Conference codes or Gift Vouchers); The Time To Think option is not available for bookings including a Miles & Go discount; With ATM paid bookings the miles will only be refundable if the booking is cancelled for lack of payment.
Much like an auto insurer insured policyholders against loss from damage or accident, the FHA agreed to insure lenders against loss from lack of payment (which is known as «default» in mortgage terminology).
«Foreclosure» is reported on a credit report if a bank has repossessed real property (real estate) due to reporting lack of payments.
If for instance, you are a building company with a contract offer from a gym and the gym's credit report reveals a number of CCJs incurred for lack of payment, you may wish to reconsider accepting the contract.
In fact, it's been found that up to 28 percent of shopping cart abandonment is caused by the lack of a payment option a shopper prefers to use.
Instead, when Cordi Food loses a customer, it is due to a lack of payment, Cordi says.
Subcontractors at the site were sent home last year over the lack of payments.
When asked if the reason for the lack of payment language going forward was a matter of someone forgetting to put a line in an agreement or resulting from some sort of semantic interpretation, Gates said: «Not on our part.»
Gates, president of the Senecas, was asked Thursday if the reason for the lack of payment language going forward was a matter of someone forgetting to put a line in an agreement or resulted from some sort of semantic interpretation.
The researchers found that physician resistance to change and lack of payment are barriers to use of electronic communications.
However, Michelle Williams» already - lauded lead performance coupled with the recent spotlight on her lack of payment for the film's swift reshoots could potentially catapult her into a happy - to - be-there nomination... but who gets the boot if that happens?
Individual Flexible Premium Deferred Annuity — This product is a dollar for dollar product and does not lapse for lack of payment.
Despite your intentions to settle, creditors can report your lack of payment to the credit bureaus, so your credit certainly may get worse before it ultimately gets better.
For some, this may mean there is already a danger of having a low credit score due to slow payments or a lack of payment when they can't keep up with their financial obligations.
And even though the creditor that holds the collateral is already protected by it from lack of payment, the legal processes that are needed for obtaining repossession are complicated, time consuming and expensive.
Also, payday loan lenders report to credit bureaus, as explained above, and if the timely repayment of the loan gets recorded into your credit report as a positive entry, the lack of payment, or late payment will also be recorded into your credit report but it will affect your credit score negatively.
The lack of payment from National Union impaired the co immensely financially and one can even trace their recent dilutive sale @ $ 7.50 to the fact that the $ was not paid to us back then or even in the last year since winning the verdict.
If you're new to this country, are a recent graduate, or have never signed - up for a credit card in your name, the lack of payment history can bring down your credit score.
This is because they have their own risk system — i.e. your security deposit — to protect against a default or lack of payment.
The lack of payments would result in them tacking on penalties, late fees, and accrued interest to your balance.
Between the lack of payments and the interest being charged on the unpaid balance, this is only going to get worse.
If you don't make payments, the lender could repossess your collateral to make up for the lack of payment.
This seems incorrect, although I lack expertise on this, as it's more of a legal issue, I don't think you can be denied electricity because of a roommate's lack of payment — if you weren't on the bill.
Every day, 3,000 people default on their federal student loans — and those lack of payments amount to an unpaid bill of $ 137 billion for the federal government.
A clinic could be forced to close due to lack of payment.
The dignity of Eggleston's scene is enough to make one think of Piero having been commissioned to paint an altarpiece for an amusement park, only to have abandoned his would - be Madonna of the Sno - Cone Stand because of lack of payment, or a sudden war or plague, the painting remaining forever after with only the architecture and not the figures finished.
One of the major reasons is dishonesty in your application form but another factor which can also lead to that is lack of payment of premium when it is due.
Unlike rent, credit card, car late fees though, insurance should not accrue late fees because 1) We weren't on a contract and 2) had we been on a contract, being that it was an insurance contract, it would have been void due to lack of payment.
In case, the insured passes away due to the illness or an accident, this plan ensures that loved ones don't lose the home due to lack of payments.
You don't want to find out after an accident that your coverage was cancelled for lack of payment
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