Sentences with phrase «long loan makes»

This season, he found himself behind too many players to have a reasonable chance at starting, so a season - long loan makes the most sense.

Of course, these longer loans make financing an attractive proposition since the payments are so low, but what many buyers fail to realize is that the amount of interest paid on the loan coupled with the amount of time the buyer spends being upside down in their loans (owing more than the car is worth) makes these loans a costly option.

Not exact matches

Interest rates on 15 - year mortgage terms are typically lower than those on longer - term loans because the shorter duration of the loan makes it less of a risk to the lender.

After her six - month post-graduation grace period ended, she applied for and received two years of forbearance on a private loan, just to delay the need to make payments for as long as possible.

Bankers, at the other end of the scale, are likely to offer no advice whatsoever as long as you make payments of principal and interest on time and are not in violation of any other terms of your loan.

Factors that discourage small businesses from changing banks include a perception that a long - term relationship would make it easier to negotiate loans.

«From a fairness perspective, it makes sense to make this no longer an option for future private student loans,» said Betsy Mayotte, founder and president of The Institute of Student Loan Advisors.

The family's bank of choice has long been Deutsche Bank, which was the only bank willing to loan to Trump after he lost others money in a series of bankruptcies — something he figured «was the bank's problem, not mine,» he wrote in his 2007 book, «Think Big: Make it Happen in Business and Life.»

PREPA is still working on a long - term restructuring with its creditors, which loaned the beleaguered utility more cash to make the payment.

The loan modification process alone can take a year or longer and often consumers won't bother making mortgage payments in the process.

For most borrowers, it makes sense to direct any extra payment toward your loan with the highest interest rate — this is the fastest way to save the most money over the long term.

The longer repayment terms facilitate lower payments and make sense for the loan purposes.

Even if you've already decided a small business loan is right for you, it's important to make sure you're working with the right lender and choosing the best product to fit your long - term needs.

Understanding the life cycle of a loan will help you in the long run when making decisions about your student loans.

Traditional business loans are often made for as long as 10 years and require mountains of documentation and financial statements.

By making timely bridge loan repayments, you might be able to boost your credit score such that you become eligible for long - term financing.

With debt financing, the fixed repayment schedule and the high cost of loan repayment can make it difficult for a business to expand while with equity financing, money is invested in the business in exchange for equity - there is no fixed repayment schedule and investors generally have a long term goal of return on investment.

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

When consecutive, on - time payments are made to eligible federal student loans, forgiveness can be a light at the end of a long tunnel.

You can use a bridge loan (or hard money loan) to make the down payment and monthly payments on the new property until you can arrange long - term financing.

For example, with the exception of a line of credit, many traditional lenders, like banks and credit unions, prefer to make longer - term loans of four, five, or 10 years.

In actuality, while the skill set necessary to make intelligent decisions can take years to acquire, the core matter is straightforward: Buy ownership of good businesses (stocks) or loan money to good credits (bonds), paying a price sufficient to reasonably assure you of a satisfactory return even if things don't work out particularly well (a margin of safety), and then give yourself a long enough stretch of time (at an absolute minimum, five years) to ride out the volatility.

You can have a long time to pay off the loan (30 years), unless you made prepayments or decide to refinance.

More importantly, it would be very difficult to make any sort of long - term planning or investment decision if there were no long - term loans available.

Although a traditional small business loan from the bank is a good option for some borrowers and some circumstances, there are many situations when the typical weeks - long processes associated with their application criteria makes it simply too slow or burdensome given the business need.

When you consider the traditional weeks - long process and reams of documents associated with a traditional loan application, a simple, easy - to - understand, online loan application makes a lot of sense for time - crunched small business owners.

To be eligible for Citizens Bank student loan refinance offers, you must no longer be attending school, and you need to have started making payments on the debt.

However, if you have already made that mistake then refinance your loan with a long - term, low - rate loan.

Depending upon the nature of the equipment, its useful life, and whether or not the intention is to keep it as a long - term asset, an equipment loan could make sense for a small business.

The longer repayment terms enable lower payments and make sense for the loan purposes for which they are intended.

As a result, any payments you previously made toward your Direct Loans will be no longer count toward the PSLF program.

Banks can offer large loans up to several million, making them a good option for significant investment in your business (i.e., purchasing real estate or long - term machinery / equipment).

Best for: people who can no longer make their minimum payments each month, or owe more in «bad» debt (e.g., credit cards, personal loans, etc.) than their annual income.

Unlike a traditional small business loan, interest is paid only on the amount of credit used, as long as you make the minimum monthly payment.

This will help determine how much capital they need to borrow, what loan terms make the most sense (short - term vs. long - term), and even where they might look to secure the funding.

If you have low - interest debt and keep up with loan payments, investing in the stock market could make financial sense in the long run.

Once you have loan offers, you should, at minimum, compare the loans based on the APR, which shows the total amount of interest and fees you will pay on the loan; the repayment schedule, which includes how long the loan term is for and how frequently you will need to make payments; and any loan restrictions, which may include what the loan can be used for.

When you invest for the long haul, there's a real possibility that your returns will make up for your student loan interest payments.

Some banks will make fully amortized loans with long terms up to 25 years and loan - to - value ratios up to 80 %.

In some cases, the lender making the long - term loan will also make the bridge loan on the property.

Last week, Bank of America made clear they will no longer loan money to manufacturers that make «military - style firearms.»

And while there are also plenty of direct lenders who advertise their rates online and provide servicing through the phone or web - based tools, having a TD bank branch in your area may make for a better loan experience in the long run.

But you'll pay more out of pocket over the life of the loan, since you're stretching out how long you make payments (and pay interest).

While the government charges a hefty tax penalty to withdraw funds early (10 % to 30 % immediately but possibly adjusted when you file your taxes), they do make exceptions if you're using it to buy a house or go back to school, as long as you put the money back within 10 years for education loans and 15 years for home purchases.

Preferred by lenders and small business owners alike, SBA loans promise low interest rates, longer repayment terms and no ballooning costs, making monthly payments manageable for small business or franchise owners.

This loan option gives buyers a long time to pay off the loan (30 years) and the interest rate remains the same for that entire time, making it easier to budget monthly payments as they stay constant.

But because they will make an average of 59 fewer payments — and pay down their loan at a lower interest rate — those borrowers will save an average of nearly $ 19,000 in the long run.

This feature, combined with the long - term stability mentioned above, is what makes the 30 - year fixed mortgage such a popular loan option among California home buyers and homeowners.

But lenders are still permitted to sell most of the loans they make, and this removes the long - term financial burden from their shoulders.

A refinance with any loan term, though, can lower your interest rate so much that it no longer makes sense to pay off the mortgage.