Sentences with phrase «n't meet the repayments»

It is therefore, important that you inform us of your hardship circumstances by logging into your account as soon as you realise that you can not meet the repayment.

Not meeting the repayment requirements will result in a default of the loan.

What happens if you can't meet your repayments - will you be charged a higher rate of interest or extra fees?

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.

Not exact matches

Default is when a borrower simply does not meet his or her repayment obligation.

• You are serving in a medical or dental internship or residency program and meet requirements • The total amount you owe each month is 20 % or more of your total monthly gross income, for up to three years • You are serving in an AmeriCorps position for which you received a national service award • You are performing teaching service that would qualify you for teacher loan forgiveness • You qualify for partial repayment of your loans under the U.S. Department of Defense Student Loan Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military repayment of your loans under the U.S. Department of Defense Student Loan Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military deferment

Keep in mind there may be restrictions you need to meet, such as your loan repayments not exceeding more than 50 % of your welfare income.

However, the market burden of meeting debt repayments doesn't in and of itself prohibit the government from leveraging itself to the hilt with debt it can (one hopes) repay.

State officials said the 10 - year contract will require some repayment if NexGen does not meet certain milestones, but details were not available today.

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

Any period of forbearance will reset the repayment clock; (2) The account can not be in delinquent status; (3) The borrower must provide proof of income indicating that he / she meets the income requirements and pass a credit review demonstrating that he / she has a satisfactory credit history and the ability to assume full responsibility of loan repayment; (4) No bankruptcies or foreclosures in the last sixty months; and (5) No loan defaults.

Not only can our lenders process loans faster than banks, but they can also offer repayment options that may be flexible enough to meet your needs.

In any case, the terms of any home loan are such that only those who can prove affordability, not boast a good credit history, can be trusted to meet repayments without a hitch.

However, if you don't meet those requirements, a cosigner may increase your chances of being approved and securing lower rates and better repayment terms.

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.

Additionally, the Department of Education also grants affordable payments to those who can not meet the payment of their monthly federal student loans through the Standard Repayment Plan.

The loan will not become due and subject to repayment as long as you continue to meet loan obligations such as living in the home as your primary residence, maintaining the home according to the Federal Housing Administration (FHA) requirements, and paying property taxes and homeowners insurance.

Keep in mind there may be restrictions you need to meet, such as your loan repayments not exceeding more than 50 % of your welfare income.

However, if you can't make it work for you and you are not 100 % certain that you will be able to meet your loan repayments each month, then you will want to hold off loan rehabilitation.

Therefore, it is going to be in your best interest to make sure that you can genuinely not afford to meet your loan repayments each month.

This means that you may not actually have the money needed to meet your loan repayments.

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.

The lender then has the option of taking possession of the collateral if the repayment terms are not met.

It is no secret that student debt has increased rapidly over the last two decades.Many graduates haven't been able to meet their loan repayments, or even find the intended employment to qualify for paying the money back.If you are one of... [Read more...] about Why Has Student Loan Debt Sky Rocketed?

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.

If repayment terms are not met, late penalties and extra interest may need to be paid.

For example, there is no point in borrowing $ 3,000 if the repayments can not be met comfortably.

Default is when a borrower simply does not meet his or her repayment obligation.

DOE argued that Myhre had not met the «good faith» prong of the Brunner test because he had not enrolled in an income - based repayment plan.

If a property scheme doesn't have enough earnings to meet its interest repayments, it might have to sell properties to repay loans (or risk the lender taking the properties).

A primary risk with an unlisted mortgage scheme is that the scheme might not generate enough cash flow to meet its costs and debt repayments, and be unable to pay you distributions or return your money when you ask for it.

It only covered him if he couldn't meet some of his loan repayments due to a serious accident, illness, unemployment or death.

Ben was self - employed and when business slowed they found they could not meet their home loan repayments.

My name is Harold Wilson I am here to testify about the good works of Perry Morgan Loan company a reliable loan company who help me in getting a loan of 60,000.00 dollars, i was into a debt for over 5 years, i was unable to meet up with the repayment of the debt i went to severer banks here in Bellingham, Washington USA but they refuse to grant me the loan saying that my bank draft is too low to apply for any amount of loan, i was very confuse because i could not meet up with the repayment of my debt, i got an email that they will come and take my house since i could not meet up with the debt repayment because when i borrow the money i use my house as a collateral, the year was almost coming to an end, the grace period i was given was November 2nd i don't want to lose my house and keep my family out side, a friend of my introduce me to one of the online reliable loan lending company who also help him in getting a loan the name of the loan company is called Perry Morgan Loan Firm, i emailed them and apply for a loan of 60,000.00 dollars they gave me some procedure which i followed could you believe the loan was credit into my bank account after 48 hours, do you need a loan, are you into debt and you don't know how to pay back contact the loan company now they can help you with any amount of loan at a low interest rate, contact them now via email: [email protected] for more info.

That means that if the borrower fails to meet the terms of repayment and the cosigner doesn't do their part to chip in, both parties will be penalized.

If you do not meet the needs of your repayment plan, you may have to face repossession of the car, so you will want to be sure that the repayment plan you agree to is reasonable and within a realistic time frame.

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.

If you don't meet the program's requirements, you lose your chance for loan forgiveness or repayment assistance.

If you don't stick to the repayment plan, you'll face charges, so make sure you can meet the cost.

• You met a friend / fiancé online • You've never met face to face • Your correspondent professed love at warp speed • Your friend / fiancé is plagued with medical problems requiring loans from you • You are promised repayment upon the inheritance of alluvial gold or gems • You've sent large sums for visas or plane tickets but the person can not seem to make it out of Ghana • When your friend does try to leave the country, h / she is detained by immigration officials demanding payment or bribes • Your correspondent consistently uses lower case «i's» and / or grammar not in - keeping with their supposed life station or education level Cases bearing these and other hallmarks have all proven to be scams intended to separate sympathetic people from their money.We advise Americans not to send money to people they have never actually met.

With a term life policy, you can buy enough coverage to meet all of your family's needs — not just repayment of the mortgage.

It is not professional to deduct this fee from the loan amount because payment of such gives the lender the conviction that the borrower is up to date and can meet up the loan repayment plan.

The loan will not become due and subject to repayment as long as you continue to meet loan obligations such as living in the home as your primary residence, maintaining the home according to the Federal Housing Administration (FHA) requirements, and paying property taxes and homeowners insurance.

But you don't have to make any repayments, if you choose not to, as long as you keep living in your house and meeting your loan obligations to maintain the property and pay property taxes and insurance premiums.