Sentences with phrase «lump payment»
A lump payment refers to a single payment made all at once, rather than in separate installments over time. It's a one-time payment for something, like a bill or a large purchase. Full definition
Most companies will charge small fees for the processing of monthly premiums, and these fees can be avoided by simply making lump payments.
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This kind of lump payment will result in smaller amounts of processing for the provider, and they will pass some of their savings onto the customer.
My summer internship has left me with a single lump payment that is about 2x my yearly expenses.
The agreement was that I receive a percentage of the companies as well as a couple lump payments.
When you make one lump payment rather than monthly installments, you will be saving the insurer some money.
Most WA providers in the Seattle area are going to prefer that policyholders make larger lump payments towards their policy rather than small premium payments.
In addition, if you pay for your Mill Creek renters insurance in one large lump payment up front rather than in installments, you should be able to get some fairly substantial discounts.
Another great way to save some money in Park Ridge is to simply pay for your entire plan up front, and these kinds of lump payments typically lead to lower overall costs.
When you make lump payments, the MN insurer will spend much less time processing premiums, and will reward you with more affordable coverage.
If you're going to make a lump payment to clear up a remaining balance on an overdue account, talk to the creditor beforehand.
One such option is to get a debt settlement company to fight for you to get you one lump payment.
As you cut back on work, replace the work income with things like annuities and reverse mortgages that will pay out over time in exchange for a lump payment.
Making a lump payment towards your loans can solve the problem of having to meet a spending requirement, but you have to be mindful of the interest you're going to pay on the balance.
To sell your structured settlement you must prove that you have a legitimate need for the settlement money in a lump payment and calculate what that payment might be.
Secondly, if you can pay the $ 50,000 of debt in full, in one lump payment, that would be your best bet.
He now plans to make a lump payment toward the auto loan and refinance it for a better rate and lower payment, as his credit score continues to increase since finishing his debt management plan.
The loan comes in a lump payment to the borrower and is paid off in regular intervals at a fixed rate.
Debt settlement (synonyms: debt arbitration, debt negotiation, credit card settlement, debt resolution, debt forgiveness) is a method of negotiating used to reduce the balance on a debt, and that is satisfied through one lump payment in most cases.»
A settlement means that you could pay only 40 % -50 % (not counting the settlement company fees) of the balance owed in one lump payment, and in return the creditor will report the debt paid ($ 0 balance).
Now, we have one bill that's going to be a lump payment that will start building my credit back up as it's supposed to take it away.
But, it does mean forking over a lump payment, and after you get past the 30 - day «free look» period, there's no turning back.
@quid If I initiate the 10k balance transfer I'll have 5k left on the auto loan which I'll pay in one lump payment to close out the auto loan, then pay down on the balance transfer amount (10k)
You should also be aware that you will normally need to use money from your savings accounts to make a contribution towards your IVA's monthly repayments or to make a lump payment to your creditors.
Should I pull money out of my mutual funds (averaging 7 % annual return) to put down a lump payment?
You can save a bunch of money and then make one lump payment.
This can be anything from the commissioning of a work whereby a lump payment creates the ownership of the copyright, to payments for the work as it occurs, to royalties for each time a work is viewed or sold in reproduced form, to partial ownership rights in the completed work (much more rare) or any combination of these things.
If you are someone who pays your insurance in one lump payment, look for a plan that gives you the maximum reward for that.
If you decide to cancel the policy, then you should receive the full cash value equivalency of the remaining policy as a lump payment or schedule of payments.
When you make monthly payments towards a policy you typically will have some extra fees and costs, and paying a lump payment will lead to a reduced overall cost.
One of the simplest ways to save on your Montana Vista renters insurance plan is to pay for your entire policy up front in one lump payment.
When you pay for your renters insurance in a lump payment, the Oklahoma insurer is going to need to do far less processing, and they will pass some of their savings on to the Enid customer in the form of lower rates.
When you make lump payments, the insurer will have to spend less on processing monthly premiums, and most insurers in the Milwaukee area will give discounts to these customers.