The policy starts with a 10 - year no lapse guarantee,
meaning on time payments for the first 120 months guarantees an in - force policy over the same duration.
This means on time payments, a good credit scores, prove your income, and have some skin in the game (down payment).
Not exact matches
For bonds this
means issues that are not at risk of defaulting
on a
payment; for stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good
times and bad.
Borrowers who take advantage of this special, limited -
time consolidation option would also receive up to a 0.5 percent reduction to their interest rate
on some of their loans, which
means lower monthly
payments and saving hundreds in interest.
This
means that if an owner in Rhode Island falls behind
on mortgage
payments and their lender decides to foreclosure
on the home, the lender can simply hire a third party to auction the home, and can bypass the expense and
time of going to court.
A sharp increase of 6 percent from the year prior, a 20 percent mortgage down
payment on a home of that value would
mean saving nearly $ 42,000, a price tag unattainable for most first -
time home buyers.
This
means that the lender can foreclose
on the home if you don't make the
payments, so keep your installments reasonable and always pay them
on time.
Being a responsible credit users
means making
on -
time payments each and every
time.
Rehabilitation
means that your loan will be taken out of default status after you make a series of consecutive (generally, nine)
on -
time, monthly
payments.
«At this
time, the general judgment is that their volatile valuations, and inadequate investor and consumer protection, make them unsafe to rely
on as a common
means of
payment, a stable store of value or a unit of account,» the report said.
Payment history means that you make at least the minimum payment on time each
Payment history
means that you make at least the minimum
payment on time each
payment on time each month.
The credit - reporting agency will give you results in the form of a ranking of one to nine, where one
means the customer is more likely to pay debts
on time, and nine
means that the customer likely has a lot of late
payments and bad debts.
It's important to note that when lenders calculate an APR, they assume borrowers make
payments on time and in full,
meaning late
payment, NSF or similar fees are not included in an APR..
To secure a release, the borrower will likely need to prove they can continue making
on -
time payments by themselves, which
means having a steady income and a good credit score.
I
mean, if you told your bank that from now
on you would make your monthly mortgage
payments at some
time in the distant future, would they consider you fully funded?
The problem is, by posting that photograph
on the website, which just happens to be a rights managed image (
meaning a photographer is entitled
payment each
time someone uses his image), you have infringed copyright law.
Credit Acceptance reports credit scores to the 3 major credit bureaus, which
means you have the opportunity to improve your credit score through
on -
time vehicle
payments.
I have some problems with the technical side of it, from some problems that Amazon refuses to address, and I dislike that Amazon had to look in
on readers to see how far they read to determine that
payment (I often delete a book after I finish it, since I have loads
on my Kindle at any one
time and I rarely sync the device; does someone doing that with a loan
mean we don't get paid?).
What this
means is that after a certain period of consecutive
on -
time payments — say, 12 or 24 months — you can request that the lender remove the cosigner from the loan.
This offer usually is available to the best customers,
meaning people who regularly make
on -
time payments.
For a shopper making a minimum
payment of $ 25 a month
on a $ 1,054 tab, that
means it would take until 2023 to pay down the balance — and you'd also be coughing up $ 500 in interest over that
time (assuming an annual percentage rate of 15.9 percent), MagnifyMoney said.
Being a cosigner
means that you and your student share the legal responsibility for repaying the student loan and making sure
payments are made
on time.
If you have poor credit that
means you have trouble making
payments on time, and it's not a good idea to get this card.
And that's good news for some people, because if you do have any problems it
means that just the passage of
time alone, as long as you've caught up
on any late
payments, will go a long way toward restoring your score.
To secure a release, the borrower will likely need to prove they can continue making
on -
time payments by themselves, which
means having a steady income and a good credit score.
Having all or most of your bills fall
on one day allows you to set aside one block of
time to cover all of your
payments, which ultimately
means no late fees or added interest.
Working against those possible dings, regular,
on -
time payments to the card balance will slowly improve your credit history; derogatory marks already
on your credit will get older (
meaning they impact your score less) and eventually drop off.
Basically, this
means you've built enough credit that Discover believes you will continue making regular
on time payments with an unsecured credit card.
Though FICO suggests that
on -
time payments account for the largest portion of your FICO credit score calculation, that is by no
means the only factor considered.
The term «default»
means you have failed to make
payments on your student loan as scheduled according to the terms of your promissory note, the binding legal document you signed at the
time you took out your student loan.
Lengthening the
time on the loan may
mean lower monthly
payments, but overall you pay more.
The majority of our auto title loans are written as «installment loans»
meaning that if the customer makes their
payments on time at the end of the loan the account will be paid in full.
Affordable
means that the borrower has sufficient future proceeds to make the projected monthly
payments on time and according to terms.
This difference can be especially relevant to refinancing, because if you lengthen out the
time remaining
on your mortgage debt, it is likely to
mean that interest is a greater portion of your monthly
payment — and therefore, more of that
payment would be deductible.
That often
means either paying the sum in full or establishing a repayment plan and a history of
on -
time payments.
It's important to note that when lenders calculate an APR, they assume borrowers make
payments on time and in full,
meaning late
payment, NSF or similar fees are not included in an APR..
That simply
means they have a connection to the credit bureau they use to evaluate applicants, and a computer algorithm that decides what credit score applicants need to be approved (they may also evaluate
on -
time payment history and the other components of your credit score).
The majority of our personal loans are written as «installment loans»
meaning that if the customer makes their
payments on time at the end of the loan the account will be paid in full.
That
means you have to worry about making just one
payment on time each month — we'll take care of the rest.
The ability to make smaller
payments based
on one's income and loan forbearance policies
mean students can pay loans slowly and minimally for decades at a
time.
It is crucial that you live within your
means and make regular,
on time payments on all your accounts in order to build up good credit.
And doing everything right
means making your
payments on time, keeping your credit utilization ratio low (that's the amount of debt you carry versus your credit limit) and avoiding applying for too many credit products.
The drop in house prices
means that many borrowers are underwater
on their houses, and high unemployment has prevented potential first -
time buyers from accumulating down
payments.
What does this
mean in terms of them getting an
on -
time payment?
This
means that just because you are paying
on time now does not
mean your
payment history will be excluded from your FICO score.
Although there is no automatic upgrade available, Citi may return your deposit after 18 months of
on -
time payments which, in essence,
means your card is unsecured.
You get 80 % of the benefit,
meaning your hydro bill gets paid
on time, but it's only 20 % of the effort of allocating the
payment each month.
In the
mean time, you must make
on time payments with no returned
payments.
Any secured credit card should be used strictly with that goal in mind, which
means limiting its use, making
payments on -
time and paying the balance in full each month.
This is because sometimes, consolidating multiple loans can result in a lower monthly
payment, but it can also
mean making
payments on the new loan for a much longer period of
time.