Sentences with phrase «loan was taken by»

But the loan was taken by his brother before our wedding.

My student loan was taken by a collection agency which I started paying only to (what I assume) be sold to another collection agency.

Not exact matches

The borrower repays the advance and loan fee by allowing the lender to take a fixed percentage of business credit card sales each day until the entire amount is repaid.

And a February survey by Pepperdine University's Graziadio School of Business and Management found that 39 percent of small business owners who applied for bank loans in the previous three months were successful, up from 34 percent in a survey taken in October and November.

If you currently are taking advantage of such programs (for example, by teaching in low - income areas or working in nonprofits or fields such as nursing or law enforcement), consolidating your loans could affect the terms of that forgiveness.

But Glencore, under London Stock Exchange reporting obligations, said it would only contribute 300 million euros in equity (taking a tiny equity interest of 0.54 %, and even that only «indirectly»), while the rest of the money was provided by «QIA and by non-recourse bank financing,» the latter being a loan that effectively insulates Glencore against most of the risks of owning Rosneft shares.

Developmental lending as practiced by IBC involves providing financial services (primarily loans) to aboriginal people who, for a variety of cultural and / or financial reasons, are alienated by mainstream lending institutions; approving loan applications on the basis of typical financial considerations while taking into account the potential for positive social or community outcomes; and evaluating social outcomes resulting from the loan portfolio over the long term.

When unusual transfers of funds take place in either direction between you and your company, keep records that explain the transaction — whether it's a bonus that was voted upon by the board or a loan, in which case you'll want to document its terms.»

That means cobbling together a 20 per cent down payment by any means necessary — whether it be relying on parents for assistance or taking out a loan.

The Federal Deposit Insurance Corp. counted $ 331 billion in commercial and industrial bank loans under $ 1 million as of Dec. 31, the largest amount since the end of 2008, when the government agency reported a record $ 336 billion in such loans that are generally taken out by small companies.

Bank stocks were being battered by the savings and loan crisis, and Buffett characteristically took advantage of the market turmoil to buy into one of the highest quality banks he could find.

We rely heavily on social media to get our message out, and on Feb. 13 I took part in a Google hangout arranged by Virgin StartUp, with a group of young entrepreneurs who were launching their businesses with assistance from the Start - Up Loans Co., an initiative funded by the British government.

Refinancing is when you pay off your old loan, or loans, by taking out a new loan — typically at a lower interest rate.

All types of federal student loans can be consolidated together except a Direct PLUS Loan that was taken out by a parent to help pay for a child's education (student PLUS loans can still be consolidated).

(Unlike the homes and vehicles that are financed by mortgages and car loans that can be taken by the bank in case of default).

If you do decide to move forward, you can either provide a traditional business loan or invest in the business by taking an equity stake, but the two actions are different.

Hi Randy, Banks and credit unions have very strict requirements (that go beyond just personal credit scores) when it comes to business loans, as illustrated by your experience getting that cargo van financed, so it's not surprising that a bank or credit union would have you take a personal loan instead.

Lenders would still be free to charge annual rates well into the triple digits, but the law would eliminate what critics say is the worst aspect of payday loans: borrowers caught in a cycle of debt by taking out loans over and over.

You could finance your startup by taking out a personal loan, but there are advantages and disadvantages to consider before moving forward.

Decisions about loans are now being made by software that can take into account a variety of finely parsed data about a borrower, rather than just a credit score and a background check.

Starting a business can be a dream for some people but many don't follow through or believe the only way they can get started is by taking out a loan.

In most parts of the country, the maximum amount that homebuyers can borrow is $ 424,100 (if they're taking out loans backed by Fannie Mae or Freddie Mac).

If your dream is to add to this number by starting your own bed and breakfast, or if you already own a small motel or resort and want to take bigger chunk of the total worth, there are some things you need to know about your financing and small business loan options.

These campaigns take lots of marketing effort — but the end reward, should you raise your funds, is a startup loan and validation of your business idea by many potential future customers for your business.

The bottom line here is that for borrowers who can afford to wait, you may save on interest by taking out a loan through LendingClub.

This new loan comes with a new interest rate that is defined by an underwriting criteria that typically takes into account income as well as credit history.

Shkreli funded the Merrill Lynch settlement — and avoided the filing of the confessions of judgment — by causing a $ 900,000 investment in Retrophin equity securities made by MSMB Healthcare to be recharacterized as a «loan,» causing the «loan» to be repaid with interest, and using the «loan» proceeds together with other money taken from Retrophin to pay Merrill Lynch.

By getting either type of loan, you'd essentially be taking on a second mortgage.

Graduates with student loan debt aren't the only ones who can benefit by refinancing their loans at a lower interest rate — parents can save thousands by refinancing the student loans they take out to help their kids pay for college, NBC Nightly News with Lester Holt reports.

Taken as a whole, 5.6 percent of shares outstanding on the S&P 500 retail were on loan to short - sellers by the end of last week.

Your MAGI (modified adjusted gross income) is calculated by taking your AGI and adding back certain items — including student loan interest, IRA contributions, passive income or loss, and 1/2 of self - employment tax.

The student loan interest deduction allows taxpayers with qualified student loans (loans taken out solely to pay qualified higher education expenses) to reduce taxable income by $ 2,500 or the interest paid during the year, whichever is less.

In that sense their main concern is with rising land values — that is, the values that do not accrue as a result of earnings on capital (the rents that typically are pledged to lenders as interest payments on the loans taken out to by the properties) but are economy - wide asset - price appreciation in specific categories.

Your debt - to - income ratio is calculated by taking your monthly liabilities (e.g. car loan payments) and dividing them by your gross (pre-tax) monthly income.

To take yet a third example, in 2017 at least 1 trillion renminbi of debt was converted into equity by the banks that had extended the loans.

Your MAGI is determined by taking your AGI and adding back certain items — including foreign income, student loan interest, qualified tuition expenses, rental losses, and IRS contributions.

Since the financial institution is taking on a greater risk by extending a loan to such an individual, they need to be compensated appropriately.

Before you take on a jumbo loan, you should know that they are accompanied by higher interest rates.

Because many borrowers have used Credible to refinance graduate school debt, the average loan balance for all users — $ 54,591 — is greater than the debt typically taken on by undergraduates.

Step 3: Lastly, while FFEL Program and Perkins loans are not eligible for PSLF, you may be able to get around this by taking out a Direct Consolidation Loan, which is eligible for PSLF.

Parent PLUS loans are taken out by parents to pay for their children's education and come with a pretty hefty interest rate, which is currently at 7.21 %.

Variable rate student loans are a common product offered by private lenders to borrowers looking to take out a new student loan or refinance their existing student debt.

Rates on government student loans are always fixed, and don't take into account the credit risk posed by the borrower, however you can take a look at what the average student loan interest rate is.

Investments that you choose to list for sale on the Loan Market will remain listed for sale until they're bought by another investor, or until they have only 2 repayments remaining, whichever event takes place first.

A cosigner takes on just as much responsibility for repaying the student loan as the primary borrower does, and is equally affected by any missed payments.

Why Commercial Loan Brokers Need To Be Trained By Kris Roglieri Anyone can read a book on commercial financing or even have a background in investing or running a business, and believe they can take on being a commercial loan brokeLoan Brokers Need To Be Trained By Kris Roglieri Anyone can read a book on commercial financing or even have a background in investing or running a business, and believe they can take on being a commercial loan brokeloan broker...

They took steps to keep overly - leveraged companies from bankruptcy by keeping them alive with new loans, despite the fact that these companies were — in the cold light of day — insolvent.

Bonds are loans taken out by governments, corporations and even public works programs with the promise to pay interest every year.

A cosigner is someone with stronger qualifications who takes on partial responsibility for your debt by applying with you and signing on to your loan.

Please note that the policy's death benefit and cash value will be reduced by the amount of any loans or withdrawals you take.