Sentences with phrase «means on time payments»

This means on time payments, a good credit scores, prove your income, and have some skin in the game (down payment).

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.

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 eachPayment history means that you make at least the minimum payment on time eachpayment 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.