Sentences with phrase «makes on time payments for»

This assumes that a borrower makes on time payments for the duration of the loan term.
After you use your card responsibly and make on time payment for a while your credit will have improved enough to get an unsecured credit card.
All cards come with an initial credit line of $ 500, but you can request a credit limit increase once you make on time payments for at least six months.
What that means is once you make on time payments for several months and have no amounts past due, the creditor would bring the account current and remove all the late payment and collection activity from your credit report.

Not exact matches

Delinquent payments stick around on your credit score for 7 years, so while making a late payment isn't a lifetime offense, it will impact you for a long time coming.
These risks and uncertainties include, among others: the unfavorable outcome of litigation, including so - called «Paragraph IV» litigation and other patent litigation, related to any of our products or products using our proprietary technologies, which may lead to competition from generic drug manufacturers; data from clinical trials may be interpreted by the FDA in different ways than we interpret it; the FDA may not agree with our regulatory approval strategies or components of our filings for our products, including our clinical trial designs, conduct and methodologies and, for ALKS 5461, evidence of efficacy and adequacy of bridging to buprenorphine; clinical development activities may not be completed on time or at all; the results of our clinical development activities may not be positive, or predictive of real - world results or of results in subsequent clinical trials; regulatory submissions may not occur or be submitted in a timely manner; the company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction in payment rate or reimbursement for the company's products or an increase in the company's financial obligations to governmental payers; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the company's products; the company's products may prove difficult to manufacture, be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse; and those risks and uncertainties described under the heading «Risk Factors» in the company's most recent Annual Report on Form 10 - K and in subsequent filings made by the company with the U.S. Securities and Exchange Commission («SEC»), which are available on the SEC's website at www.sec.gov.
If the borrower is creditworthy and has made payments for the past 24 months on time, or is on active military duty, no additional action is taken.
«The way to maximize your chances of getting that release is to make the payments on time,» said Kantrowitz, publisher of Edvisors Network, a group of websites about planning and paying for college.
However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).
For that, they rely on a ladder of cash sources: customers who pay enough for them to make a profit, suppliers who extend generous payment terms, their own frugality when it comes to items that don't add value to customers, friends, family, angels, and venture capitalists — many of whom can be supplying cash at the same tiFor that, they rely on a ladder of cash sources: customers who pay enough for them to make a profit, suppliers who extend generous payment terms, their own frugality when it comes to items that don't add value to customers, friends, family, angels, and venture capitalists — many of whom can be supplying cash at the same tifor them to make a profit, suppliers who extend generous payment terms, their own frugality when it comes to items that don't add value to customers, friends, family, angels, and venture capitalists — many of whom can be supplying cash at the same time.
To minimize potential problems: (1) keep accurate, timely records of all income and business expenditures; (2) transmit that information to your accountant on a quarterly, not annual, basis; and (3) plan for heavy cash - flow demands when it comes time to make your final, January 15 QET payment.
To make sure you can make your own payments on time (and minimize your need for cash flow), make sure your own customers paying you in a timely manner.
That might not seem very fair, but jumbo loans usually seem less risky to lenders because the people who apply for them are considered more likely to make their mortgage payments on time each month.
This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.
For example, let's say you know for sure that you have to make your first college tuition payment in five years and would like to buy a relatively safe investment based on that time horizFor example, let's say you know for sure that you have to make your first college tuition payment in five years and would like to buy a relatively safe investment based on that time horizfor sure that you have to make your first college tuition payment in five years and would like to buy a relatively safe investment based on that time horizon.
If you have a mature account and made on - time payments for a year, then you have a better chance of getting that limit increase.
If you make on - time payments on your loan, this can also be a boon for your credit score since payment history is the biggest factor in determining your credit score.
For those that qualify and make on time payments, total loan forgiveness can occur after 20 years.
For instance, you can earn rewards for enrolling in direct pay, making on - time payments, watching financial education videos, and opting for paperless statemenFor instance, you can earn rewards for enrolling in direct pay, making on - time payments, watching financial education videos, and opting for paperless statemenfor enrolling in direct pay, making on - time payments, watching financial education videos, and opting for paperless statemenfor paperless statements.
To qualify, borrowers must have worked in a qualifying field for at least ten years and made payments on their federal student loans for at least the same amount of time.
Because of the high interest rates, you should consider what the monthly payment will be and that you will be able to make it on time for the duration of the term.
Step 3: Make payments on time for 25 years to get your loans forgiven.
So if you have recently applied for several new lines of credit, or worse, failed to make on - time payments to one or more of your accounts, your credit score will suffer and your application could be denied.
It's easier to qualify for a secured credit card, especially if you keep your balance low and make payments on time.
After the borrower makes 36, on - time, consecutive payments, Citizens Bank allows co-signers to apply for a release.
Even though these loans have higher interest rates for borrowers with bad credit, personal loans are a great way to rebuild credit history if you make all your payments on time.
The Direct Consolidation Loan, as mentioned above, is one choice for exiting default, but if you go this way, you must first either agree to sign up for an income - driven repayment plan or make three consecutive, on - time, full payments on your loan.
At EarnUp we budget for you so your loan payments are made on time.
Best for: people with equity in their homes who are willing to make extra payments toward the loan, can make payments on time and won't rack up debt again.
But the requirement is to make on - time payments for at least 24 or 36 months and in some cases, 48 months.
If you can't make your payments on time, if you struggle to make payments at all, or if your loans are in forbearance, then you aren't ready for the financial responsibility of a mortgage.
The credit bureaus have not revealed the exact formula for calculating credit scores, but making on - time payments can certainly help your score.
Some lenders remove your cosigner from the loan after you make on - time payments for a certain number of months.
The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full - time for a qualifying employer.
These policies allow the cosigner to be released from their financial obligation after the borrower has made on - time payments for a specified period — typically a few years.
The best way to ensure that you are making on - time, complete payments is to sign up for automatic debit with your loan servicer.
Simply make your payments on time for all of your bills and you'll score highly in this area.
iHelp also offers co-signer release after payments have been made on time for 24 months and the borrower is deemed to be creditworthy.
For example, if you make your first five monthly payments on time, you'll immediately be given the opportunity to get a raise in your credit line.
Sallie Mae, for example, will accept applications for cosigner release after the borrower has made 12 consecutive on - time payment.
College Ave will accept applications for cosigner release after the borrower is halfway through the repayment term, has made 24 consecutive on - time payments, and can provide proof that they've been working for the last 24 months.
If you're on the 10 - year Standard Repayment Plan, you'll have paid your entire loan balance by the time you've made enough payments to qualify for PSLF
The past 24 hours of news in President Donald Trump's various legal imbroglios — the replacement of outgoing lawyer Ty Cobb with Emmet T. Flood, who represented Bill Clinton during his impeachment as president, and the admission of Rudy Giuliani to Sean Hannity (subsequently confirmed by Trump on Twitter) that Trump did in fact reimburse Michael Cohen for a $ 130,000 payment made to porn actress Stormy Daniels on the eve of the 2016 election — are powerful reminders of something that can't be said often enough: Trump and his White House lie all the time, without apparent compunction.
If you make your first five payments on time, you may be eligible for a higher credit line without depositing additional money.
If you fail to make a minimum payment on time, the APR will be raised, usually for six months.
Making payments on time always has a major influence on your credit standing, both for personal and business scores.
If you have any dings in your credit history, paying down your existing debt and making sure that you always make on - time payments can help you improve your credit and improve your chances of being approved for a loan.
And then there's the issue of co-signer release, which enables you to become the sole person responsible for your loan after you've reached a certain income and credit score, and made a set amount of on - time payments.
For example, Citizens Bank allows cosigner release from a loan after making 36 consecutive, on - time principal and interest payments.
Most simply, a delinquent loan is any form of debt for which a payment has not been made on time.
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