Sentences with phrase «lenders place restrictions»

Some marketplace lenders place restrictions on what types of people can invest in their loans.

Some marketplace lenders place restrictions on what types of people can invest in their loans.

Not exact matches

From my experience, different banks and lenders may have different restrictions and requirements in place.

The government also has placed restrictions on some lenders affiliated with these loans, prohibiting them from offering the loans at all.

Strict restrictions placed on US payday lenders regulate who can be approved for a loan and what a borrower can be charged during the repayment process.

By ruling a lawsuit lender is a traditional lender, it places restrictions on the interest rates that can be charged.

Restrictions have become so tight, the relationships local lenders might have with people, knowing them and knowing they always pay their loans back, those are often no longer clients the bank can help because of new reserve and other requirements that were put in place.»

Some lenders have been using this as a retention tool, meaning that they place all of their clients in collateral mortgages knowing that, at the end of their term, it will cost them a significant sum to switch their mortgage to another lender — if it's even possible to switch given the loan - to - value restrictions.

But there are signs lenders are easing up on the credit restrictions they've had in place since the downturn, which will contribute to offsetting higher costs.

Lenders have put in place credit «overlays» to help ensure they meet the requirements of QM's ability - to - repay rules, and these restrictions are making it tough for even creditworthy households to get financing.