Sentences with phrase «n't pay it back the lender»

Buying individual bonds exposes investors to credit risk, the possibility that a bond issuer will default on their debt (i.e., that they won't pay back the lender).

If you can not pay back the lender, you might lose your car.

Like either of the other financing options if you don't pay it back the lender would have the option to foreclose!

Not exact matches

«If the lender really doesn't expect — or need — to be paid back, then you might as well consider it a gift,» Berger says.

So, unless you consider the loan a gift, be prepared for problems to arise when your family member doesn't pay you back, as collecting on a loan can be awkward for borrower and lender alike.

If you've received a big check recently, such as a gift from family to help with a down payment, the lender may require a letter from the person who gave the money explaining that it's a gift and won't be required to pay it back.

The company hasn't breached any covenants yet, it said, but if it is found to be in breach, the lenders could force it to pay back the entire loan immediately, which could force Toys R Us into liquidation.

Private lenders try to charge enough interest to compensate for the fact that some people they lend to won't pay them back.

If you don't have the cash flow to pay back these fees, you need to find a lender that has more favorable terms, such as the SBA, or seek alternative methods like a grant or crowdfunding campaign.

For example, if you can't pay back a secured loan on time, a lender can seize the collateral, such as your car or home.

If the debtor doesn't pay the loan back, it becomes taxable income to the debtor even if the lender waives repayment.

Lenders factor in how much you put up as a down payment when they are deciding if you will be able to pay back the loan or not.

«So often, people are forced into a situation to get a payday loan in order to survive between paychecks, and the payday lenders know the consumers will not be able to pay back the loan,» said James Garvey, co-founder and CEO of the start - up Self Lender.

Lenders also offer monthly payment options to repay back the loan if you can't pay back in one big installment.

If the lender finds out that you don't pay these expenses, you may be required to pay back the loan immediately.

No lender will be willing to lend you the money you will not be able to pay back.

In the eyes of the credit lender, they were trusting you to pay the money back within a certain time frame, and, if not, there will be a charge.

Check with your lender before refinancing to make sure it does not charge a fee for paying back your loan ahead of schedule.

Some lenders charge as much as 4000 % APR, and this can land customers in financial hardship if they can't pay back the loan on time.

A lender won't let you borrow more than you can afford to pay back.

Lenders want to make sure that you don't have too much debt — it could mean that you might not be able to pay back what you owe.

The title lender didn't care that she had paid back more than the car was worth.

When borrowers don't have enough money in their checking accounts to pay back the loans, many tribal lenders automatically rollover their loans, causing additional fees and interest costs.

Lenders are not concerned with whose idea the repossession was; they are concerned with the fact that a creditor had to take back merchandise rather than get paid as agreed.

Approvals are based not on your credit score but rather on your steady income, so that you will be able to pay the unsecured online loan back to the lender in time.

So it does not have to say foreclosure but if a lender sees «settled on account» or «short sale» or even «paid for less» then a future mortgage lender and underwriter view this as a home loan agreement you got into and then could not make the payments and had to give the rights back to the 1

A cosigner should have a strong credit history that puts lenders at ease, as well as the willingness and means to put their own finances on the line if the student can't pay back their loan.

Notice: If you do not pay back your loan according to the terms the lender may charge you late fees and turn your loan over to a collection agency which may affect your credit score.

This means that if your business can not pay back the loan, the lender reserves the right to take possession of your business assets to satisfy the debt.

A home equity financing is similar to an auto loan in that it gives the bank or lender the right to foreclose on your home if you do not pay them back.

If you have a high credit utilization ratio over a long period of time, it signifies to lenders that you may not be reliable in paying back the money that you borrowed a timely manner.

The lender didn't give you the loan because you and your ex wanted to drive around in a car; the lender gave you the loan because you were going to pay it back with interest.

Not having enough money she went to another payday loan lender and took out a loan to pay back the first lender.

There is a low risk for the lender, since he is entitled by law to keep your home if you do not pay back the loan.

Cosigners more or less act as a safety net for your lender: If you can't pay back your loan, they will turn to your cosigner, whoever that may be.

While your credit score is not the lone factor in determining creditworthiness, it will show the overall health of your credit and gives lenders a good indication of your ability to pay back a loan.

People with a habit of never paying their bills on time or paying back loans obviously have a bad credit score which is not acceptable by lenders.

But if you can't pay your loan back, talk with your payday lender.

Collections agencies are organizations which purchase debt from lenders on the penny after it has been determined that the person probably won't pay back their debt.

It differs from a mortgage, car loan, or secured loan in that the lender can not directly seize your assets if you fail to pay back the loan.

Lenders don't want to lend to consumers who have managed money poorly in the past, for fear of not being paid back in the future.

That means that with a card, there is no collateral, or an asset the lender can recover if you don't pay them their money back.

Your credit score is what helps lenders know whether or not you are likely to pay back your loans.

But, carrying a small balance does show lenders that you're responsible and can make payments... but, it's a double - edged sword in that carrying balances isn't a good idea overall because you're paying money back to the credit card companies.

If you still haven't paid, the collection agency will have to decide whether they will sue you or send your debt back to the credit card lender.

Let's add some details: if the loan is not backed by any assets and the borrower fails to pay it back, the lender just loses the money and gets nothing in return.

It is «secured» because the lender can take the asset if the borrower doesn't pay back the debt.

No lenders want to give out loans to somebody that may not pay back their money.

Lenders want to be assured that someone will pay back the debt, and often students have little to no credit history and aren't employed while attending college.

This bill aims to ensure that student borrowers who file for bankruptcy wouldn't be required to pay back their outstanding student loan debt and that lenders couldn't send it to debt collectors.