Sentences with phrase «more loans because»

And really before they know what hit them they've taken out two or three more loans because they can't afford to --

Not exact matches

Peer to peer loans are also appealing to investors because they give them a more predictable source of income, provided that they spread their risk over many loans, Pastoll says.

The big question now is whether the borrowers turned away by traditional lenders because of the stricter rules will just abandon or delay their home - buying dreams, or seek out more expensive loans issued by the private lenders that are neither regulated nor required to carry mortgage insurance.

While more expensive than loans, these programs can help small companies that have cash flow problems because clients are paying slowly.

Of the nine winners who did report challenges building their startups because of student - loan debt, only three left school owing more than $ 35,000, the average amount for class of 2015 graduates (the highest in U.S. history), according to a report by financial aid resource Edvisors.com.

D'Alessandro counters that such poor international performance is more likely because of a lack of leadership, a problem extending back to the less - developed - country debt crisis of the late 1970s, when many developing countries defaulted on their bank loans.

«Here's the worst argument for a higher salary: «I need more money because my rent or my college loans are expensive,»» Clark said.

This matters, Salters says, because some lenders are more appropriate for a one - time loan than for ongoing financing.

Because of the tight credit market, business plans are being more closely scrutinized than ever and banks are looking for specifics before looking at Small Business Administration - backed loans or community bank loans.

Largely because women outnumber men in college these days and are more likely to pursue a graduate degree, they are the ones who end up with the bigger loan balances.

Losers: Charities, because some itemizers may take the standard deduction instead, student loan borrowers, filers with large medical expenses and more

Typically, these businesses describe their loans as faster and more readily available to customers than bank loans, because they leverage technology to evaluate risk on a number of factors, as opposed to relying solely on credit scores.

But because this loan is a little more, it may be a year and a half.

In other words, having women register for the draft would save money because it would result in more people being denied student loans and grants.

Even though these programs tend to be more expensive than loans and lines of credit, a large group of merchants turn to them because they can gain access to financing more quickly and easily and because the repayment schedule tracks their business performance.

«Often, these loans can be considered equity participation because they'll subordinate the debt to the private lender, which will encourage the lender to lend more,» Rassel explains.

Although graduates now enter an exceptionally difficult job market with an average $ 25,000 in student loans, they are often hired more quickly than job searchers from preceding generations, in part because they are more willing to accept jobs for which they are overqualified, according to a survey conducted by Millennial Branding and Beyond.com.

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.

Because you're transferring your debt from a line of credit to an installment loan, you can actually lower your credit utilization, which can help your credit score — provided you don't add more charges to your credit cards.

A week ago the International Monetary Fund said that it will not make any more loans with the European Central Bank to Greece, because it can't pay.

This type of automatic payment is also good for borrowers because, among other things, it has the potential to help a small business eliminate cash flow lumpiness by making more frequent and smaller debits on a daily or weekly basis as opposed to requiring a large loan payment on a monthly basis — although that is not the only benefit to small business owners.

BFS Capital financing has come into the mainstream because it's more accessible than a bank loan, less expensive than equity, and less risky than bootstrapping.

Because these were far more likely to be written down in the United States than in China, and because most economists agree that the difference is very large in GDP terms, the failure to recognize bad loans in China is by itself more than enough to invalidate any PPP adjuBecause these were far more likely to be written down in the United States than in China, and because most economists agree that the difference is very large in GDP terms, the failure to recognize bad loans in China is by itself more than enough to invalidate any PPP adjubecause most economists agree that the difference is very large in GDP terms, the failure to recognize bad loans in China is by itself more than enough to invalidate any PPP adjustment.

Because of this, it's possible you could end up with an APR that will cost you more over the life of the loan than you'd pay for an origination fee.

Lenders charge more for loans on condo units because their value depends on more than just the borrower's financials.

«Peer - to - peer lending platforms play an important role because they increase the amount of capital for small businesses by creating new sources of loan capital, more sophisticated credit models, and efficient access,» said a spokesperson for Mr. Leal's office.

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

Gathering this information is more important for gig economy workers than typical borrowers, because you will have to work harder to convince a mortgage lender to approve a home loan.

That might be more appealing to some business owners than a loan with a longer payback, because they might be willing to pay more in the short - term in exchange for a greater ROI, faster.

Borrowers pay more over the life of the loan repayment because of interest accrual in the years when payments are lower.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Just be mindful that you don't stretch out the loan term because you will likely end up paying much more interest.

Because in some situations, a lease can cost more than a loan, many businesses choose to finance the purchase of equipment rather than lease.

Despite the fact that graduate school can earn you more money in the long run, many people are foregoing additional education because of the fear of taking on massive student loan debts.

What's more, a loan with a term of less than a year will (in part, because of the way APR is calculated) likely have a higher APR than a similar interest loan with a longer term.

The process is more involved than other SBA loan programs because there are multiple players working together to fund the loan.

What's more, because the loan is not based upon the loan - to - value ratio of any specific collateral, the lender is using other data points to evaluate a business owner's creditworthiness.

Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

Unfortunately, because their capital demands are very small, they are often excluded from more traditional sources of capital, like a bank loan.»

Education has become more expensive, and those of us taking out loans do so because our families don't have tens or hundreds of thousands of dollars to finance our education.

A credit score usually means you can keep more of your money because you will receive lower interest rates on your home or car loan.

Because your return on investment outpaces your student loan interest charges, it could make more sense to invest than pay off your debt ahead of schedule.

Because the repayment term is longer, interest has more time to add up and you can end up paying thousands more over the duration of your loan.

However, because you're stretching your repayment period over two decades or more, you'll likely pay more in interest over the life of your loan.

but because of the tax advantages and relatively low interest rates, you are more likely to get in trouble by having high credit card or car loan balances.

Small businesses located in bigger cities — such as New York, Los Angeles, Miami, and Boston — tend to have an easier time securing a small business loan because there are more local options.

Stein thinks the bank loan funds are more risky than people realize because a person might try to get money out of a fund and have difficulty.

«North Dakotans know it has become more difficult to get a mortgage or a loan because of the red tape small financial institutions face, especially in rural areas,» Heitkamp said.

The real difference will be homeowners locked into more expensive mortgages, and banks or whoever owns the mortgages making even more money from the larger spreads as the cost of money drops, and more foreclosures occur because of the higher costs of carrying the loans.