All creditors who are
named on your debt payment programme proposal will be sent a copy.
Not exact matches
Last month, Kevyn Orr, a bankruptcy lawyer
named to restructure Detroit's
debts, declared a «moratorium»
on some interest
payments.
Since your cosigner's
name is
on the loan, they're responsible for the
debt if you don't make
payments.
On the other hand, the back end ratio, as the name suggests, not only takes into account the housing debt and expenses but also any other loans on your account like credit card payments etc
On the other hand, the back end ratio, as the
name suggests, not only takes into account the housing
debt and expenses but also any other loans
on your account like credit card payments etc
on your account like credit card
payments etc..
Your credit score is made up of several factors from your financial history - making your bill
payments on time, how many credit cards you have, and how much
debt you currently have in your
name are some variables that make up your credit score.
Secured
debts get their
name from the fact that the loan is secured by collateral — the mortgage
on your home, for example — that can be seized and sold by your creditors in the event that you default
on your
payments.
Being a guarantor means that you agree to pay the
debt if the person
named on the agreement falls behind with
payments.
With this document you can get the details organized, like the
names of the creditor and debtor, the type of
debt owed (personal loan,
payment for goods or services, trade credit, or
debt on rental property) and the amount.