Sentences with phrase «of loan is taken»

If any form of loan is taken on the policy, this may cause the policyholder to pay a greater than expected premium, because the loaned values are no longer in the policy to earn for the policyholder.

Critics of subprime lending point out that due to its nature, this type of loan is taken out by people who usually are not able to fulfill their payments and obligations.

It is important to consider the fact that more than one type of loan is taken out by students during their time in college.

This friend is convinced that if he waits out 7 years of the loan it is taken off his credit history, as far as I know he never filed for personal bankruptcy.

Both types of loans are taken out for a set period of time and have a fixed monthly repayment schedule.

Now that you understand the implications of asking someone to cosign for you, you can see how important it is that you fully understand all angles of the loan you're taking or credit card you're opening.

The first form details the kind of loan you're taking out, including rate, term, monthly payment, fixed or fixed or adjustable rate.

Not exact matches

You probably don't want to go out of your way to take on loans you don't need, so don't worry: this factor only accounts for 10 % of your credit score, and you won't be penalized much for not borrowing too much all at once.

The borrower repays the advance and loan fee by allowing the lender to take a fixed percentage of business credit card sales each day until the entire amount is repaid.

And a February survey by Pepperdine University's Graziadio School of Business and Management found that 39 percent of small business owners who applied for bank loans in the previous three months were successful, up from 34 percent in a survey taken in October and November.

If you've determined that extra funds can take you to the next level, make sure you can afford the loan you're seeking for the life of the loan.

If you currently are taking advantage of such programs (for example, by teaching in low - income areas or working in nonprofits or fields such as nursing or law enforcement), consolidating your loans could affect the terms of that forgiveness.

It used to take seven or eight months, where now it's two or three months,» says Slattery, who just closed on a $ 10 million loan to refinance some of his locations.

This took three years of focused budgeting and willpower, but I'm happy to say that I completely wiped out my student loans, credit card debt and all but the last $ 1,500 of my car loan — which is on track to be paid off in September.

But Glencore, under London Stock Exchange reporting obligations, said it would only contribute 300 million euros in equity (taking a tiny equity interest of 0.54 %, and even that only «indirectly»), while the rest of the money was provided by «QIA and by non-recourse bank financing,» the latter being a loan that effectively insulates Glencore against most of the risks of owning Rosneft shares.

Developmental lending as practiced by IBC involves providing financial services (primarily loans) to aboriginal people who, for a variety of cultural and / or financial reasons, are alienated by mainstream lending institutions; approving loan applications on the basis of typical financial considerations while taking into account the potential for positive social or community outcomes; and evaluating social outcomes resulting from the loan portfolio over the long term.

When unusual transfers of funds take place in either direction between you and your company, keep records that explain the transaction — whether it's a bonus that was voted upon by the board or a loan, in which case you'll want to document its terms.»

Introduction to grasping reality with both hands: Private university students who try to take out $ 250,000 in student loans when they're barely out of puberty are patted on the back and given directions to a high - quality local state university.

So instead of taking that shotgun approach, it's better to use a focused, deliberate, intentional methodology to choose one loan to pay off first.

Many banks will take your business credit score into account, but if your small business still is in its early years, your chances of securing a loan from a traditional lending institution are notoriously slim.

When taking out a business loan, there are dozens of factors to consider: the loan amount, the interest rate, your projected growth, your current cash flow, the economic state of your industry, etc..

Prior to the new tax law, you were able to take out a home equity loan or a home equity line of credit, use it to pay for anything and deduct the interest.

Due to sequestration, the forced federal budget cuts that took effect Friday, the SBA is expected to lose the ability to guarantee 1,928 fewer loans totaling $ 902 million in capital in the hands of entrepreneurs.

With the right combination of circumstances, taking out that loan may be well worth the cost.

This type of secured loan is more comfortable for lenders; if you can't make your payments, they'll just take the equipment back.

If you are taking out the loan to invest in a growth opportunity, you need to calculate the best - and worst - case scenarios for that investment and compare that against the true cost of the loan.

CASPERSEN and Park Hill Group were working on behalf of Firm - 1 to solicit investors for the loan, but, at some point after Firm - 1 agreed to take the loan, it transpired that Firm - 1 did not need the loan in order to purchase the secondary private equity interests.

The Federal Deposit Insurance Corp. counted $ 331 billion in commercial and industrial bank loans under $ 1 million as of Dec. 31, the largest amount since the end of 2008, when the government agency reported a record $ 336 billion in such loans that are generally taken out by small companies.

In the business world, taking investments too early or from unsophisticated investors can be the equivalent of borrowing money from a Vegas loan shark.

Interestingly enough, this dilemma isn't because the customers (large or small) lack the technical abilities to take on the problem of documenting, servicing and helping to pay down millions of their employees» individual student loans.

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

This 3 - year period starts from the end of the year in which the loan was taken.

And if you take a loan that is equal to the cash value of the policy, the insurance company will force the policy to lapse and you will be hit with a large tax bill.

The report concludes that most of those taking online loans do not meet underwriting criteria for traditional loans and that these lenders are not disclosing important loan terms like APR or clearly identifying terms as basic as the frequency of payments.

You are also able to take money out of your cash value as a tax - free loan.

It was actually faster to take out a home - equity loan from her community bank, which she used to purchase an adjacent building to expand her business, than it was to go through the extended process of getting a commercial loan.

One of the nice things about taking out federal loans is that you have a little time to adjust to life outside of college before you have to start paying on them.

The government is taking measures to reduce the number of bad loans.

Unlike other kinds of loans, there's no prepayment penalty to worry about so you won't take a hit for chipping away at the debt ahead of schedule.

If you have no connections and you need school to help facilitate that opportunity or help you move to the city you want to be in and you are willing to take the risk of student loans for that opportunity?

Bank stocks were being battered by the savings and loan crisis, and Buffett characteristically took advantage of the market turmoil to buy into one of the highest quality banks he could find.

In other words, it appears that Sunac isn't taking on debt to make the purchase — except, of course, from Wanda — since Wanda is ponying up the money and securing the loan itself.

As CEO of Credible, a marketplace for student loan refinancing which was founded in 2012 and recently secured $ 2.7 million in seed round financing, Stephen Dash has some ideas on how to get your money in order before taking a big leap as an entrepreneur.

However, sometimes all the relevant information was given upfront and sometimes a key detail — which professor was teaching a course the students were thinking of taking or how much credit card debt an otherwise exceptional applicant for a loan had outstanding — was held back but then later revealed.

Because there aren't many bargain stocks out there, she recommends taking advantage of low rates on student loan and consumer debt to pay down slowly while investing with cash savings.

In the village of Tangshan in August 2015, Zhang's sister, Zhang Guiling, was struggling to repay loans she had taken out to invest.

Instead, it's apparently a matter of sloppy record - keeping — coupled with the fact that when students take out private loans, they're often sold and bundled together, and then «sold to investors through a process known as securitization.»

If you have a high credit score and are picky about what kind of debt you take on, you should investigate SBA loans from traditional lenders or new lenders.

While strict mortgage - lending laws were in place before he took office and they came at a cost — less home ownership and slower economic growth — the state's conservative rules, as WSJ notes, «largely prevented the state's residents from signing the types of dubious home loans written in other markets across the country.»

Before you take on one of these loans or advances, ask your vendors if they can be flexible with your payments.