Sentences with phrase «make lump payments»

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.

When you make lump payments, the MN insurer will spend much less time processing premiums, and will reward you with more affordable coverage.

They can make a lump payments to knock out a student loan or add to your monthly payments.

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.

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.

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.

Most companies will charge small fees for the processing of monthly premiums, and these fees can be avoided by simply making lump payments.

Not exact matches

• About 16 per cent of mortgage holders increased their mortgages payments in 2016 and 18 per cent made an additional lump sum payment in the last year.

This option only works when, after making the lump sum payment, you still have enough assets and income to meet your other retirement goals.

Unlike purchase arrangements at other carriers, Sprint's leases require the customer to turn their iPhone in at the end of the 18 - month term or make a lump sum payment (customers can also upgrade their phone after 12 months).

«As circumstances change, a homebuyer always has the opportunity to make lump - sum payments, change to different terms or accelerate payments.»

A balloon payment is a lump sum paid at the end of a loan's term that is significantly larger than all of the payments made before it.

By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.

«I paid a bit extra for a few months [and] then made a lump sum payment of around $ 3,000 to completely knock it out.»

The repayment schedule is also hassle - free: you choose a fixed percentage of your daily PayPal sales for automatic repayment, meaning you don't have to worry about making a lump - sum payment each month.

Whether it's from a tax refund, inheritance, bonus, or something else, making a one - time, lump sum extra payment towards your debt can help you save money.

There are special rules that allow borrowers who are AmeriCorps or Peace Corps volunteers to use their Segal Education Award or Peace Corps transition payment to make a single «lump - sum» payment that may count for up to 12 qualifying PSLF payments.

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

If you've ever seen The Shark Tank, the American Dream is to create a product and sell it to an investor and make millions of dollars, whether it be for recurring passive income, or whether it is a huge lump sum payment, but why not try your hand at creating another passive income strategy for 2016.

You can then see how much interest you can save over the course of your mortgage by changing your mortgage rate, or by making accelerated payments and lump sum payments.

Some 18 per cent of respondents said they had increased their payments in the past year and 16 per cent said they had made lump sum payments.

Then the insurance company will make regular payments to you (again through a lump sum or through payments over time).

Others simply prefer to make payments in a one - time lump sum.

Repayment may be made as either a lump - sum payment when the invoice is due, or be required on a weekly basis.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

With this type of agreement, the taxpayer can usually choose to make a lump sum tax payment or set up an installment plan.

Payment can be made in one lump sum, or via direct debit for non-students.

That figure would include salary and any deferred compensation earned, the Manhattan Democrat said, as well as employer contributions to a retirement plan and any lump - sum cash payment made to the hospital executive.

«I never hid from it, I never avoided working with the IRS to work this out... I've reduced it through monthly payments and at end of the year I made four lump sum payments to bring that balance to zero.»

Tedisco's bill requires all member items, discretionary funds, and so - called «lump sum payments», which are controlled by the Speaker of the Assembly, Senate Majority Leader and Governor and negotiated in many instances behind closed doors, be made public and fully transparent within the state budget.

For New Yorkers who receive a lump - sum refund, the state's mortgage program and down payment assistance can help them save enough to make the purchase.

«The new GI Bill has a change from the current bill that anyone who has written a tuition check will appreciate: Like the WWII - era GI Bill, the new bill makes its tuition payments available as a lump sum for a semester, quarter, or term, which is how most institutions charge tuition.

At the same time we are making funding fairer, consulting on proposals for a new national funding formula so that areas with the highest need attract the most funding — including plans for a lump sum payment to meet school costs, with extra funding for our smallest and most remote schools.»

When you agree to settle with lump sum payments, make sure to inquire about the agency agreeing to remove the information from your credit report.

Repayment may be made as either a lump - sum payment when the invoice is due, or be required on a weekly basis.

Although you may save the most by paying off the loan in a lump sum, most people decide between — or combine — available options, including increasing the monthly payment, making biweekly payments or making additional, separate principal payments.

When you and the seller agree to a price, you will need to make a down payment — the lump sum in cash that you can afford to pay at the time of purchase.

By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.

A balloon auto loan or residual payment loan is a loan in which monthly payments are made for a certain amount of time, ending with a lump sum payment to the lender at the end of the loan term.

A balloon payment is a lump sum paid at the end of a loan's term that is significantly larger than all of the payments made before it.

If you die during the guarantee period, the annuity will continue to make income payments until the end of the selected guarantee period or you could select that the remaining payments are paid as a lump sum (this option is not permitted where the guarantee period is 10 years).

You get the money in a lump sum and begin making monthly payments immediately.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

However, if it is the right choice, the options include a lump sum payoff, making biweekly payments, increasing the monthly payment and making one or two additional principal payments throughout the year.

Variable Annuity — An insurance company contract into which the buyer makes a lump - sum payment or series of payments.

In debt consolidation loans, all of your monthly bills are put into one lump sum payment that you can afford to make.

And by putting that cash to use paying down your student loans over the course of the year (instead of waiting and making a lump sum payment all at once come tax season) you'll save even more money by slashing away at the principal.

If a credit repair company wants you to make a payment upfront, especially a lump - sum payment, it could be a scam.

A lump sum payment made to a beneficiary because of the death of an employee or super fund member that is made within six months of death or three months of probate being granted.

When the due date for your guaranteed bad credit loan arrives, you will make one lump sum payment to the lender and the loan will be covered in full.