Sentences with phrase «loan over a certain amount of time»

Not exact matches

It's important to recognize that only certain types of accounts are monitored by credit reporting agencies, including credit cards; installment loans repaid at a fixed amount over a predetermined period of time, such as auto loans, student loans or mortgages; and retail accounts such as store credit cards.

In most instances, getting your loan out of default will require you to make a payment of a certain amount and / or consistent payments over a certain period of time.

Conventional Adjustable Rate Mortgages are set for a certain amount of time, but the interest rate changes over the lifetime of the loan.

The loan is then repaid with interest over a certain amount of time, called the life of the loan.

They represent a form of repayment or installment credit because you need to repay the loan in certain amounts over time, which are called installments.

A standard home equity loan allows a homeowner to borrow a certain amount of money and repaid it over a specified period of time.

With a home equity loan you borrow a set sum of money at one time and it is paid back over a certain amount of years and interest rate that can vary greatly.

The main advantage of whole life insurance coverage is that it forces the policyholder to save a certain amount of money every year, which grows over time and can serve as collateral to secure loans.