Sentences with phrase «loan cycle because»

Not exact matches

``... delinquency rates for student loans are likely to understate actual delinquency rates because about half of these loans are currently in deferment, in grace periods or in forbearance and therefore temporarily not in the repayment cycle.

High APR's are not where you want to look when searching for a loan because you may end up getting caught in a viscous cycle of missed payments and a decreasing credit score.

If you are an existing home loan customer of Bank ABC and find that you are stuck in a higher band of interest rates, because your existing bank is slow to pass on the benefits of a lower interest regime (during a lower interest rate cycle), you could consider re-negotiating the interest rates with your bank based on your good track record of repayment.

While many investors are willing to purchase and securitize these loans, few have been originated because there are two difficult hurdles in the origination cycle.

Unfortunately, for most payday loan borrowers, however, payday loans do wind up affecting their credit and in very harmful ways... not because they took out a payday loan, but because that one payday loan turned into an unmanageable cycle of loans.

Because customers must use such a large share of their incoming paycheck to repay the loan, they will often run out of money again before their next payday, forcing them to take out another loan and starting a cycle of borrowing at high rates every pay period.

Moreover, if you ended up with this debt because of a life - changing event like getting divorced or losing your job, the loan won't address the root cause and you run the risk of getting stuck in a new cycle of debt.

People go in not knowing the dangers of payday loans or think they can pay off the loan but end up getting dragged into a cycle of high interest charges because they can't pay it off.

The difficulty occurs when the loan is due because by then it is time to pay the next month's cycle of bills.

Student loan debt delinquency rates have increased substantially during the same period (and delinquency rates for student loans are likely to understate effective delinquency rates because about half of these loans are currently in deferment, in grace periods or in forbearance and therefore temporarily not in the repayment cycle.

The closing rate is calculated on a 90 - day cycle rather than on a monthly basis because most loan applications typically take one - and - a-half to two months from application to closing.

Lenders are approaching construction loans more prudently because the market is moving into a more mature stage of the real estate cycle...

The outlook for 2018 is also a little more uncertain, because the wall of loan maturities should start to come down and the market will be one more year farther into what has already been a very prolonged recovery cycle, adds Gerken.

``... delinquency rates for student loans are likely to understate actual delinquency rates because about half of these loans are currently in deferment, in grace periods or in forbearance and therefore temporarily not in the repayment cycle.

Because of the production cycle and dynamic nature of the industry, loan product terms and availability may not reflect the latest changes.