Sentences with phrase «loans are a fact of life»

For most American college students and graduates, student loans are a fact of life.

Student loans are a fact of life for many working adults.About 44 million Americans have student loans.And the average debt is more than $ 37,000.

For most American college students and graduates, student loans are a fact of life.

Not exact matches

Current living expenses are getting in the way — including, surprisingly, the fact that many are still paying off student loans of their own.

As a result I am now $ 30,000 in debt (that includes the student loan debt to the government), all that despite the fact that I have been living off of just $ 1,200 per month (well under the poverty level).

Loan shark Frank (a sweaty John Goodman) tells Bennett that he's suicidal, but in fact he's just searching for that one elusive moment of greatness that will give meaning to his life.

Used - car financing rates typically are several percentage points higher than on new - car loans and used - car loans usually don't run as long as 60 months based on the simple fact it is a used car and some of its useful life is behind it.

Two mortgage quotes with identical APRs may entail you paying the same total over the life of the loan, but the fact is that, if one quote requires you to pay points, that means you would have to pay money sooner than with a mortgage loan without points.

Today's FHA buyers had other options in the past — but today, conventional lenders are on the sidelines, mortgage insurers are redlining all over the place, and LLPAs are a fact of life, making conventional loans a lot more expensive for «regular folks.»

It's an absolute fact of life that the FHA loan program has had big losses in the past few years.

It does not publish information about its term lengths or interest rates online, but the fact that it offers fixed - rate loans is also a plus since the rate will never go up over the life of your loan.

But did you know that if you apply for a job with a salary above a certain amount, or if you apply for insurance or a loan above a certain amount, the fact that you filed bankruptcy will be disclosed for the rest of your life?

This fact of life has been recognized by lenders and there are home loans for those with bad credit.

Most, of my PRIVATE student loans were used vastly for «other living expenses»... in fact, only a small percent was allocated to my schools.

If the costs of the mortgage will be almost as much as you will receive from the loan due to the fact that you live in an area where closing costs are very high and your property value is less than $ 40,000, you need to think hard about whether or not you want to use your equity on such an endeavor.

The fact of life is that most college Freshmen will either have student loans or will need to get them before they graduate.

A great takeaway from the their story however is the fact that they chose to live extremely frugally for 11 months - a short - term sacrifice - so they could enjoy a lifetime ahead of them free of $ 50,000 in student loan debt.

In fact, your permanent life insurance policy can be used to eventually repay your SBA loan and replace conventional banking as a source of capital for expansion and pursuing new ventures.

Nine out of 10 of those surveyed said debt is a fact of life these days, or that true love conquers all — including student loan debt.

With student loan debt becoming more and more a fact of people's lives, many companies are offering this benefit.

In fact, policy loans (available with most, but not all, forms of permanent life insurance) are one of the most complex, misunderstood, and misused components of a life insurance policy.

A payday loan is almost an everyday fact of life for millions of families and individuals who are living on tight budgets.

In fact, with a housing crisis still rampant many homeowners with high cost monthly mortgage payments that don't have credit or mortgage life insurance protection may be putting their families at risk for bankruptcy or years of interest payments on a home loan they can't afford.

This coupled with the fact that these loans are paid off more quickly result in a huge amount of interest savings over the life of the mortgage when compared against a 30 year mortgage.

Good day ladies and gentle men am Mr Evans Johnson a God fearing and honest loan lender who can change your life from bad to Good i want you to understand the fact that i give my loans out in a low interest rate of 3 %.

The key facts sheet will tell you the total amount to be paid back over the life of the loan, repayment amounts, fees and charges.

Moreover, 49 percent of Americans are even worse off — they're not able to set anything aside for their emergency fund, and are living paycheck to paycheck.1 Now consider the fact that not all of those people have student loan debt.

For millions of people student loan repayment is a fact of life.

Student loans may be a fact of post-grad life, but you can take four steps to put your repayment strategy on the right track:

For instance, unlike in the past when many who were over age 65 had their home mortgage paid off and no other large debt obligations, today — due in part to the fact that people are living much longer — it is not uncommon for someone who is a senior to still have a large amount of mortgage debt, car loan (s), and / or credit card debt.

The fact that the lapse of a life insurance policy with a loan can trigger tax consequences even if there is no (net) cash value remaining is often a surprise for policyowners, and has even created a number of Tax Court cases against the IRS over the years.

In fact, the reality that the only way to use a life insurance policy's cash value to repay a loan tax - free is via the death benefit leads to a number of «rescue» strategies for life insurance policies with substantial loans, specifically to help ensure that the policy remains in place until the death of the insured.

In point of fact, this is why any form of life insurance policy loan is shown as a «reduction'to the death benefit of the policy.

This «tax bomb» occurs because in the end, even if all of a policy's cash value is used to repay a life insurance loan, it doesn't change the fact that if the policy had a taxable gain, the taxes are still due on the gain itself!

In point of fact, a common reason to have a sizable and problematic life insurance loan in the first place is when a policyowner stops making premium payments on a whole life policy — because a whole life policy must receive annual premium payments (unless it is fully paid up), and failing to pay premiums will usually trigger an Automatic Premium Loan (APL) provision where the insurance company provides a loan to the policyowner and immediately uses it to pay the premloan in the first place is when a policyowner stops making premium payments on a whole life policy — because a whole life policy must receive annual premium payments (unless it is fully paid up), and failing to pay premiums will usually trigger an Automatic Premium Loan (APL) provision where the insurance company provides a loan to the policyowner and immediately uses it to pay the premLoan (APL) provision where the insurance company provides a loan to the policyowner and immediately uses it to pay the premloan to the policyowner and immediately uses it to pay the premium.

In fact, most universal life insurance purchasers are not aware of the loan charges, high interest rates, and annual investment fees that they will have to pay until they actually need to borrow from their policy.

In fact, your permanent life insurance policy can be used to eventually repay your SBA loan and replace conventional banking as a source of capital for expansion and pursuing new ventures.

The key distinction in the scenario above is to recognize that notwithstanding the presence of a personal loan for which the insurance policy is collateral, the fact remains that it is a life insurance policy with a $ 90,000 value and a $ 50,000 cost basis that has a $ 40,000 gain.

The fact that a life insurance policy loan is really just a personal loan for which the life insurance policy is collateral also explains why the lapse or surrender of an insurance policy with a loan can trigger a taxable event.

If the costs of the mortgage will be almost as much as you will receive from the loan due to the fact that you live in an area where closing costs are very high and your property value is less than $ 40,000, you need to think hard about whether or not you want to use your equity on such an endeavor.

Yes, it does require a little more paper work with the FHA, need to have the 203K Consultant involved and handle inspections / appraisals and such, but the fact that I can get into a property, have up to 6 months of mortgage payments included in the cost of the loan so that we don't have to worry about double rent / mortgage payments, rehab my primary residence the way we like it, save a 1930 - 1940's era farm house, and then refi into a conventional cash out mortgage later on and use that equity to go buy rental properties... nice way to get started, without having to put up a lot of cash or live next to tenants / in town (I'm a RURAL kinda guy).