Sentences with phrase «meeting repayments on»

The credit score is dependent on meeting repayments on time, and clearing a debt completely results in the score being increased.

There are several reasons as to why somebody may be unable to meet the repayments on their student loans.

Consumer credit insurance covers you if you can't meet the repayments on your credit contract or loan because you are out of work, sick or injured.

For others, it may only be a short - term fix, especially if they can't meet the repayments on the new loan.

For others, it may be only a short - term fix, especially if you can't meet the repayments on your new loan.

When she bought the car, Sally was also sold cover to meet repayments on her loan if she became unemployed.

Not exact matches

[So] even if you do meet the requirements, think carefully before taking on the loan, and be sure you can service the repayment terms.»

Then another NGO, Grameen Bank, made them work by targeting them on women and holding weekly meetings of borrowers who would identify and support anyone who was falling behind on repayments.

Evaluate your alternatives.Generally speaking, you can base your loan repayment plan either on your income (if you meet certain financial criteria) or the amount of your indebtedness.

All available rates and fees are lower than the Federal Direct PLUS Loan, and are based on one of three repayment options you can choose from to meet your needs.

Preserve capital Repayment of the original investment in the bond can help provide reassurance to investors who are concerned about protecting capital or meeting intermediate - term financial needs, such as college tuition or a down payment on a new home.

Whatever the agreement is between the borrower and the cosigner, the repayment terms need to be met on time and in full.

The meeting will likely focus on the issue of Greece's debt and to conduct negotiations at the highest political level, as Tsipras called for earlier in case the ongoing talks of the country's repayment plan were hindered.

I urge you to meet with Business Secretary Cable and present my concerns to him, and to contact me once you have done so; this will help ensure that government institutes a fair graduate contribution, with repayments that reflect graduates» ability to pay, as it is the best policy to help the UK's HE sector remain world - class without placing a burden of debt on young graduates.

In fact, after a meeting of the legal committee of the NGF at the Plateau State Governors Lodge in Abuja recently, it was disclosed that «with the decision of the legal committee of the NGF to push for the payment of all outstanding fees to all state consultants, the on - going legal battle between the governments on one hand and the consultants that pursued the repayment of the excess deductions made on Nigeria's repayment of foreign loans, will end and the prospect of fresh ones averted.»

Defaulting on a loan means that you have not met your obligations when it comes to the terms of repayment.

In order to qualify, the borrower, alone, must meet the following requirements: (1) Make the required number of consecutive, on - time full principal and interest payments as indicated in the borrower's credit agreement during the repayment period (excluding interest - only payments) immediately prior to the request.

And given that repayment in full is between 30 days and 90 days, and comes directly from their paycheck, that places a lot of pressure on the borrower to meet normal monthly expenses too.

7) A due - on - demand clause - The exceptions are if: a) There is material misrepresentation or fraud by the borrower in connection with the loan; b) The borrower fails to meet the terms of repayment in the agreement; or c) There is any action by the borrower that negatively affects the creditor's security.

But, if the repayment terms are not good then the cost for the borrower can be exorbitant, pressure to meet repayment schedules can be high, and in the end the loan may be defaulted on.

No grace period on repayment: While EdvestinU does not require borrowers to meet any degree requirements, students who refinance their loans while still in school should keep in mind that they will not be able to take advantage of any grace period.

When the last surviving borrower on the reverse mortgage meets one of the qualifying events for repayment, the loan will become due.

The short - term liabilities on the hand represent all the equated monthly installments (EMI) payments and all debt repayments that are made in the current year such as the credit card outstanding balance and other obligations met in the current year.

If the repayment terms on the lien and therefore on the loan are met, the lender will release the lien.

The longer you make PSLF - qualifying payments under a 10 - Year Standard Repayment Plan, the lower the remaining balance on your loans will be when you meet all of the PSLF Program's eligibility requirements.

What is more, with bankruptcy clearing the decks of debt, the debt - to - income ratio is extremely good, ensuring that there is little problem in having excess income enough to meet the required repayments on a personal loan.

The difference is that poor money management means repayment obligations were largely ignored, while bad luck means that circumstances made meeting the obligation too difficult - for example, wasting money on fast cars and gadgets versus becoming redundant for a period.

If you refinance your federal loans, you not only lose out on the opportunity to apply for an income - driven repayment program, but you are then also responsible to meet the minimum monthly payment set by the lender you take your new loan out from.

Of course, there are criteria to meet, not least proving that the repayments on the loan are affordable by the applicant.

If you don't have the cash to meet every minimum monthly payment, then you have to decide how to divvy up the funds you are able to spend on credit card debt repayment.

Cosmetic surgery loans that are available online tend to cost less and have friendlier repayment terms that can be met on any budget.

Someone with high amounts of capital will likely have a lot of assets that can be sold to meet repayments, while someone with low capital might find themselves out of options, which means a higher likelihood that a lender will lose money on the loan.

At a Chapter 13 confirmation hearing, required as the basis for the order approving the plan and ordering the creditors to accept it (the hearing is called a section 341 hearing, or simply, â $ the three forty - oneâ $), the court either approves or disapproves the debtorâ $ ™ s repayment plan, depending on whether it meets the Bankruptcy Codeâ $ ™ s requirements for confirmation.

While it makes sense to pay off the debt with the highest interest rate first, if you're having trouble managing several debts - for example, you're struggling to meet even minimum repayments on multiple credit cards - here are two payment options you could consider:

This is because you are unlikely to have dependents who would rely on the insurance to meet loan repayments if you died or could no longer earn an income.

They are two completely separate things: — IBR is the repayment plan your wife is on (which also includes forgiveness on any balance after 20/25 years)-- PSLF is potentially the student loan forgiveness program your wife could qualify for if she meets all the requirements

Even though he'd been meeting all his repayments, he received a default notice on his loan.

Refinancing provides the potential to secure a lower interest rate on student debt, as well as the possibility to extend or shorten repayment to meet borrowers» specific needs.

Refinancing provides the potential to secure a lower interest rate on student debt, as well as the possibility to extend or shorten repayment to meet borrowers» specific needs.SoFi, a private -LSB-...]

They take on the risk looking for a better return, and the borrower gets another chance to prove they can meet the repayments and pay off the debt.

All available rates and fees are lower than the Federal Direct PLUS Loan, and are based on one of three repayment options you can choose from to meet your needs.

If you do not meet all of the requirements, you may be able to include your income tax liabilities in a Chapter 13, in which you would set up a repayment plan and avoid enforcement actions, such as levies on bank accounts or wage garnishments.

Depending on the which lender eligibility requirements you meet, you'll see all the offers you qualify for, along with a range of repayment terms and interest rates.

Obviously, borrowers want to be careful to get credible advice with value, but I've met many students who are completely overwhelmed with the complexity of repayment strategies outlined on studentaid.gov.