Sentences with phrase «loan repayments because»

Or they relate to the loan that the consumer takes out to purchase the car, such as consumer credit insurance, which covers you if you have difficulty making loan repayments because you've become sick.

They plan to try and keep up with home loan repayments because their mortgage is their most important loan.

Borrowers pay more over the life of the loan repayment because of interest accrual in the years when payments are lower.

Borrowers pay more over the life of the loan repayment because of interest accrual in the years when payments are lower.

Some borrowers believe that they missed the boat on loan repayment because they didn't do it in the early years of their mortgage when the regular payment went largely to interest, rather than later, when most of it goes to principal.

Not exact matches

If you thought or were told you didn't qualify for the Public Service Loan Forgiveness program because you were not enrolled in a qualifying repayment plan — typically an income - driven plan — the Department of Education might still let you erase your loans.

I knew that my chances of getting a Prosper loan were very good because of my repayment history.

When a borrower defers a loan — or temporarily suspends repayment because of unemployment, financial hardship, enrolling in active military duty or another reason — interest will still accrue if the loans are unsubsidized.

Even though these programs tend to be more expensive than loans and lines of credit, a large group of merchants turn to them because they can gain access to financing more quickly and easily and because the repayment schedule tracks their business performance.

Short term financing is referred to as an operating loan or short term loan because scheduled repayment takes place in less than one year.

This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.

This is because most private student loan lenders offer extended repayment plans and variable interest rates that seem lower at the onset of a loan refinance, saving borrowers money on their monthly payment as well as on the total cost of borrowing over time.

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 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 ProgLoan Forgiveness Program.

The benefits of the Standard Repayment Plan are that you end up paying less than other repayment plans because of the relatively short repayment term, and you relieve yourself of your student loans in just tRepayment Plan are that you end up paying less than other repayment plans because of the relatively short repayment term, and you relieve yourself of your student loans in just trepayment plans because of the relatively short repayment term, and you relieve yourself of your student loans in just trepayment term, and you relieve yourself of your student loans in just ten years.

Because portfolio loans are interest - only, these were interest - only for the first 10 years and assumed a sale of the business and full repayment of capital at that moment in time.

Because the repayment term is longer, interest has more time to add up and you can end up paying thousands more over the duration of your loan.

However, because you're stretching your repayment period over two decades or more, you'll likely pay more in interest over the life of your loan.

A merchant cash advance does not help build business credit because it's not a loan and advance providers do not typically report repayment history to the business credit bureaus.

The secured nature of the loan does not, however, mean that repayment of the loan is guaranteed because the loan outstanding may exceed the property net sale proceeds.

Because repayment options for each type of loan are different, start by selecting the loan type that you are most concerned about.

Because loans with shorter terms generally have lower interest rates, borrowers who chose loans with shorter repayment terms saw the greatest interest rate reduction.

If you want the lowest rates and longer repayment terms, SmartBiz is the best option because it offers SBA loans.

That's because you'll start working toward your 120 qualifying repayments earlier — repayments based on a starting salary — ultimately leaving a larger student loan balance available for forgiveness after you've satisfied the program's requirements.

If LendingCrowd were to go out of business, investors would still continue to receive repayments on loans originated with us, because all loan contracts are between borrowers and investors and would remain valid.

Because your cosigner backs up the loan repayment on your behalf, you often receive easier loan approval and better interest rates compared to applying without a cosigner.

Because of these factors, you may fully repay your loan before the end of your repayment period.

Because PLUS Loans are federal loans, parents have more flexibility in repayment options, including Income - Contingent RepayLoans are federal loans, parents have more flexibility in repayment options, including Income - Contingent Repayloans, parents have more flexibility in repayment options, including Income - Contingent Rrepayment options, including Income - Contingent RepaymentRepayment.

Also, just because you do not have to pay back your loans until the end of your grace period, doesn't mean you can't start making payments prior to the first repayment due date.

Because the economy was still reeling from the Great Depression, banks typically enforced home downpayments of fifty percent or more on loans; and required complete loan repayment in 5 years or fewer.

Namely, because mortgage repayment gets spread over a larger number of years, each payment is smaller as compared to the payment with a shorter - term loan.

Because banks typically receive fresh inflows of reserves every day, as a result of ordinary deposits, loan repayments, or maturing securities, a responsible banker, once having set - aside a reasonable cushion of reserves, has only to see to it that the lending and investment that his or her bank engages in just suffices to employ those inflows, in order to succeed in keeping it sufficiently liquid.

Credit cards are tricky because they don't have set repayment terms like installment loans do.

Without any response or acceptance into an IDR plan, they end up defaulting on their loans because they can not afford payments under the Standard Repayment Plan.

The good thing about home equity loans is that lenders offer attractive interest rates because your home serves as collateral and a guarantee of repayment.

That's because refinancing federal loans means forfeiting government protections such as income - driven repayment plans, deferment / forbearance, and some debt forgiveness programs.

Because lenders offer the best rates on loans with shorter repayment terms, borrowers who are out to maximize their savings tend to choose a loan with the shortest repayment term that they can reasonably afford.

PAYE differs from traditional Income - Based Repayment (IBR) because, depending upon the date your student loans were initiated, PAYE may cap loan payments at a smaller percent of income than IBR.

The increases in new loan approvals recorded through most of 1997 did not lead to an increased rate of growth in loans outstanding, because principal repayments were increasing at the same time.

U.S. Treasury Secretary Steven Mnuchin had delayed releasing the loans because of disagreement over the terms of repayment.

Lenders claim that because repayment is contingent on the borrower winning the case, the product they offer is especially risky and shouldn't be classified as a loan.

This may be because money is important for meeting basic needs, purchasing conveniences, and maybe even loan repayments, but to a point.

Which means a change in the cash position in the company, because the loan repayment was a bunch of cash that was taken in by the company.

Riskier loans command higher interest rates than safer loans because of the greater chance of default on the repayment of the risky loan.

Bhole thinks it is because of other benefits the loans provide, specifically the income - based repayment program (IBR).

When the restaurant owned by those relatives is about to be taken away because of debt troubles, Sayaka herself becomes the new collateral for the restaurant in order to get an extension on their loan repayment deadline... on the condition that she serve as the new «plaything» for Subaru, a famous model who doubles as an employee of the loan company.

This is because lenders often hire a middleman (loan servicing company) to handle and manage the student loan repayment process.

Federal loans are preferable because they usually come with lower interest rates and more flexible repayment programs.

``... 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.

This is because, with a $ 1,500 loan at 30 % interest, the total to be repaid is $ 1,950, making each monthly repayment $ 650.

Instead, if you seek your loan first, you can close on the motorcycle loan deal that offers more benefits in terms of low rate, high loan amount and flexible repayment and then, with your loan already approved, you can contact dealerships to find a motorcycle within your reach at a better price because with the money at hand you can negotiate better terms on the purchase too.