Simply put, if you were to face serious financial issues, you would most
likely keep making payments on your personal home and stall any payments in investment properties.
Not exact matches
Those who graduate under higher standards, however, are more
likely to
make on - time
payments and
keep up with their bills, and they understand how to manage those obligations better than students who were not exposed to personal finance and economics in school, the data show.
You'll
likely need to turn to your lender again and again to
keep up with your
payments and
make ends meet.
The higher income associated with higher degrees, especially professional degrees like law and pharmacy,
likely gives those borrowers better ease to
make payments and
keep a good credit mix of credit cards, retail accounts and installment loans.
By
making payments on time and
keeping your debt to a minimum, consumers are far more
likely to qualify for the most favorable, lowest interest loans.
Certainly you'll rarely come out on top if you
make the minimum
payment only, but if you change to a lower rate AND
keep the same monthly
payment, it's very
likely you'll come out on top.
More than
likely, the senior qualifies for filing a Chapter 7 bankruptcy, but one of the advantages of filing a Chapter 13 over a Chapter 7 is that you can
keep your house as long as you
keep making the
payments on time.
It can be triggered by a
payment or an adjustment of some kind or, as I suspect, the creditor attempting to
keep the score down, either as punishment or to
make it more
likely to get paid to raise the score.
Having your mortgage or rent arrears included in a DAS may
make repossession less
likely, but you will need to
keep making your regular mortgage or rent
payments.
The simplest, most
likely answer is that your heirs will be allowed to assume your loan and
keep the home as long as they
make the
payments.
If you want to extend your temporary auto insurance coverage, all you will
likely need to do is contact your insurer and
keep making monthly
payments on time.
Making auto loan
payments will allow you to
keep that great car or truck you just bought, but for those who need more of an incentive to be on time with auto loan
payment checks, a good track record on your auto loan will also be
likely to help you increase your credit rating.