Sentences with phrase «loan borrowed for»

The value needed in order to pay a debt or loan borrowed for the deceased person's residence, will be settled by the insurance company.

This way, you receive a deduction for your RRSP contribution, and the interest on the loan borrowed for investment purposes should also be tax deductible provided certain conditions are met (see topic 150).

Not exact matches

You probably don't want to go out of your way to take on loans you don't need, so don't worry: this factor only accounts for 10 % of your credit score, and you won't be penalized much for not borrowing too much all at once.

Its net interest income, the «spread» between what it charges on loans and pays for the deposits that fund those borrowings, jumped from by $ 900 million or 9 % to $ 11.2 billion, compared with Q2 of last year.

«Secondly, they're borrowing to finance cars and trucks because most Canadians just don't have the money to pay for a vehicle outright anymore, and finally, for student loans, which is another big - ticket item that if they haven't saved for a few years, they will have to get loans for.»

The impact of the adjustment is likely to be mild on most parts of the economy — for instance, slightly increasing borrowing costs for consumers and small businesses that rely on more traditional bank - loan financing.

A default could result in Valeant having to pay back its loans immediately — something that would be very hard for it to do — or face much higher borrowing rates.

It didn't help matters that Fisker's battery manufacturer A123, which also borrowed from the same DOE loan program, filed for bankruptcy earlier this year.

Businesses in designated distressed neighborhoods can borrow up to $ 250,000 at regular 7 (a) interest rates and get technical assistance to prepare for the loan.

If that hypothetical student borrowed using a federal direct loan for graduate school, which had a rate of 5.84 percent last academic year, she would have accrued $ 1,682 in interest during the grace period.

The federal funds rates sets the rate at which banks borrow from one another, and it is the underpinning for the loan rates banks set for businesses and consumers.

Graduates who borrowed money to pay for college will have to evaluate how best to pay back their federal and / or private loans.

That translated to me having to borrow an average of $ 10,000 more in student loans to pay for each year of college.

Today, the IDB process is less painful, and loans are now available for established entrepreneurs looking to borrow between $ 500,000 and $ 1.5 million to expand their facilities and operations.

Students shouldn't borrow more in loans than they'll make in their first year of employment, said Jeff Selingo, author of «There Is Life After College: What Parents and Students Should Know About Navigating School to Prepare for the Jobs of Tomorrow.»

If you're borrowing $ 10,000 for payroll or other routine operating expenses, you're not generating more revenue from the loan and could find yourself in the same spot three to six months from now.

An undergrad who borrows $ 37,000 — and that's less than the national average for 2016 graduates — and has an interest rate of 4.45 percent will pay $ 8,908 in interest over 10 years, according to NerdWallet's student loan calculator.

One way to improve that balance of power is by learning to recognize when loan officers may believe it's the right time for your company to borrow funds.

Applying for and accepting federal loans may be a tedious process, but in general, you should opt for federal loans and borrow as little as possible in the form of private loans.

A loan expense charged for the use of borrowed money.

PACE allows homeowners to borrow money for renewable energy investments and pay the loan off as a property tax.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

There are more options available than ever before for businesses looking for borrowed capital — but there is no one - size - fits - all loan for every business.

It's getting harder for landlords who rely on borrowed cash to find new loans to pay off the old ones, leading to forecasts for higher delinquencies.

Undergraduate students completing their third year or beyond may borrow $ 7,500 for the year, with no more than $ 5,500 in subsidized loans as a dependent.

The aggregate loan limit for undergraduate students for all years is $ 57,500 with no more than $ 23,000 in subsidized loans; graduate and professional students may borrow up to $ 138,500 including undergraduate loans, with no more than $ 65,500 in subsidized loans.

The amount of money borrowed to pay for new and used vehicles climbed to an all - time high of $ 968 billion in the third quarter, according to new data from Experian, which tracks auto loans.

Individuals who borrowed to help pay for their college degree may qualify for teacher loan forgiveness through the Department of Education.

The interest rate for Perkins Loans is a fixed 5 %, and undergraduate students may borrow up to $ 5,500 per year with a lifetime limit of $ 27,500.

Achievement of these goals was considered by the HRC as very challenging, even aggressive, given the expected modest economic growth for 2007 for the financial services industry, the impact and duration of the on - going flat / inverted yield curve (meaning short - term interest rates that are virtually equal to or exceed long - term interest rates, thus lowering profit margins for financial services companies that borrow cash at short - term rates and lend at long - term rates), potentially higher credit losses, fewer available high - quality, high - yielding loans and investment opportunities, and a consumer shift from non-interest to interest - bearing deposits.

For example, most payday loans charge a percentage or dollar amount for every $ 100 borrowFor example, most payday loans charge a percentage or dollar amount for every $ 100 borrowfor every $ 100 borrowed.

A woman I work with borrowed against her 401k to buy a ski - in, ski - out condo for around $ 150k during the recession, which she now rents out on a daily basis for a crazy high return, as in her gross rents paid for the entire purchase price after 2 years of ownership, and she's now paid back her 401k loan.

It cut the cost of borrowing for consumer loans.

As a result, depending upon your loan purpose (what you're borrowing the money for), you'll likely need to know before your search begins what terms might make the most sense for your loan purpose.

Procedures were in place to discount bills for immediate payment, and to evaluate the borrowing capacity of enterprises whose assets could be quickly liquidated, or well attested income streams that could be capitalized to carry bank loans, as in the case with real property.

If re-delivery of borrowed securities is not complete prior to the noon auction time, the securities will be tallied as loans outstanding for purposes of limit calculations.

The metric for a 504 loan is to create one job for every $ 65,000 borrowed.

With a revolving loan, you have a line of credit for a particular amount (let's say $ 1,000) that you can borrow from again and again.

Have your lender explain your cost as cents on the dollar (you pay back 7 cents for every dollar borrowed) or as the total cost of the loan.

Here are more details on a personal loan versus a line of credit, so you can better decide which borrowing option is better for you.

See loan options and cost with no hidden fees, only paying interest for the days you borrow.

The rates that have responded most significantly to lower borrowing costs are short - term loans for financial speculation, above all for derivatives and related buying or selling of stocks and bonds on margin — enormous gambles on which way the dollar, the stock market and interest rates may go.

A term loan at the bank is what most people think of when they think of small business borrowing — which is why it makes sense for this to be at the top of the list.

There are certainly costs associated with borrowing that need to be considered, but if the total dollar cost of the loan enables the business to generate additional profits, it could be a good decision — provided the numbers make sense for your business situation.

You can assume that all assets financed with borrowed funds will be used as collateral for the loan.

A detailed business plan that outlines why you are looking for a loan, what, if any, assets will be purchased with the proceeds from the loan, and how you expect the business to benefit from using the borrowed funds in this way.

But things changed when Amber took out law school loans and Danny borrowed for both a graduate degree and an expensive dental school.

For example, federal loans can often be a better option for borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness ProgrFor example, federal loans can often be a better option for borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progrfor borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progloan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progrfor the Public Service Loan Forgiveness ProgLoan Forgiveness Program.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

«Remember that your child can borrow to help pay for college, but you can't take out loans to pay for retirement.»