Sentences with phrase «of meeting repayment»

It may seem foolish for lenders to have such faith in anyone with a poor history of meeting repayment schedules, but lenders can never be described as foolish.

They may also be able to address the specific problem of meeting repayments under the current debt management program, and convince creditors to accept a change.

Not exact matches

There are several repayment options available that are designed to meet the individual needs of borrowers.

Then another NGO, Grameen Bank, made them work by targeting them on women and holding weekly meetings of borrowers who would identify and support anyone who was falling behind on repayments.

The Department of Education allows those who meet the criteria to pause their federal loan repayments for as long as three years.

Evaluate your alternatives.Generally speaking, you can base your loan repayment plan either on your income (if you meet certain financial criteria) or the amount of your indebtedness.

The Army, Navy, Air Force, and National Guard all offer loan repayment programs to health professionals who meet eligibility requirements and agree to serve for a minimum of years.

A graduated repayment plan is one for which the payment starts low, then rises every two years to meet the rising income of a typical college graduate.

All available rates and fees are lower than the Federal Direct PLUS Loan, and are based on one of three repayment options you can choose from to meet your needs.

In some cases, you may be able to extend or renew your loan if you are unable to meet the original repayment date, but this is down to the discretion of the lender and may also be influenced by state regulations.

Preserve capital Repayment of the original investment in the bond can help provide reassurance to investors who are concerned about protecting capital or meeting intermediate - term financial needs, such as college tuition or a down payment on a new home.

Default occurs when a debtor is unable to meet the legal obligation of debt repayment.

There are few signs that the household sector is having difficulty meeting its financial obligations, with personal bankruptcies at relatively low levels and the share of households that have fallen behind in their mortgage repayments at around historical lows.

• 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.

The meeting will likely focus on the issue of Greece's debt and to conduct negotiations at the highest political level, as Tsipras called for earlier in case the ongoing talks of the country's repayment plan were hindered.

As milk prices have been forced down, many farmers have had to borrow against the equity of their farms, but often without sufficient income to meet their repayment obligations.

I urge you to meet with Business Secretary Cable and present my concerns to him, and to contact me once you have done so; this will help ensure that government institutes a fair graduate contribution, with repayments that reflect graduates» ability to pay, as it is the best policy to help the UK's HE sector remain world - class without placing a burden of debt on young graduates.

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.

In fact, after a meeting of the legal committee of the NGF at the Plateau State Governors Lodge in Abuja recently, it was disclosed that «with the decision of the legal committee of the NGF to push for the payment of all outstanding fees to all state consultants, the on - going legal battle between the governments on one hand and the consultants that pursued the repayment of the excess deductions made on Nigeria's repayment of foreign loans, will end and the prospect of fresh ones averted.»

Out of an annual income in the range # 27m - # 30m, the affiliation fees constitute about 27 % of income — a very significant proportion, but even if they fell sharply in a year, the party could still meet its minimum annual debt repayment and servicing costs.

Current loan - repayment options are insufficient to meet the needs of all physician - scientists carrying significant debt, but with persistence, the majority of clinicians bound for research careers can expect to see their medical school debt substantially reduced by these programs.

To that end, if the Department of Education wishes to punish schools whose students fail to meet some loan - repayment benchmark, it should apply this mandate to every type of higher - education institution.

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

In order to qualify, the borrower, alone, must meet the following requirements: (1) Make the required number of consecutive, on - time full principal and interest payments as indicated in the borrower's credit agreement during the repayment period (excluding interest - only payments) immediately prior to the request.

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.

Default occurs when a debtor is unable to meet the legal obligation of debt repayment.

That is, when a person fails to meet his legal obligation for the repayment of loan.

Then, those who apply are tricked into a vicious circle of debt as the repayment programs are too tight to meet.

The purpose of the meeting is to administer any assets in a Chapter 7 that are administrable and in a Chapter 13, to verify that you are putting all of your disposable income towards your Chapter 13 repayment plan.

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.

And given that repayment in full is between 30 days and 90 days, and comes directly from their paycheck, that places a lot of pressure on the borrower to meet normal monthly expenses too.

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.

This means, should you fail to meet your repayments, the lender could repossess your home — the most common type of secured loan is a mortgage.

With a limit of 40 % in excess income to be used for VA home loan repayments, it leaves 60 % to meet regular monthly expenses.

7) A due - on - demand clause - The exceptions are if: a) There is material misrepresentation or fraud by the borrower in connection with the loan; b) The borrower fails to meet the terms of repayment in the agreement; or c) There is any action by the borrower that negatively affects the creditor's security.

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.

Once the criteria is met, and military membership is proven, the terms available online are quite good, though repayment directly from the bank account of the borrower is necessary before securing loan approval.

However, if you keep to the agreements of the loan and meet all the required mortgage repayments, after three years your credit record will no longer be considered as adverse and you'll be able to get lower rates.

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.

When the last surviving borrower on the reverse mortgage meets one of the qualifying events for repayment, the loan will become due.

The program will provide recipients with a loan to help meet repayment of law school loans.

After your passing, your spouse may remain in the home, continuing to defer loan repayment, as long as all loan and FHA requirements continue to be met, including maintenance of the home and payment of all property taxes, fees, and homeowner's insurance.

You are likely to be limited to an amount that represents a fixed percentage of your monthly income so that you can meet your other bills as well as make the repayment.

The early payment loan calculator can help you reach your goal of repaying your mortgage early by indicating how much extra you'll need to pay each month to meet your early repayment goal.

To minimize the amount of interest you pay over the life of the loan, it's best to stick with the Standard Repayment Plan and look to refinance your loans once you meet the qualifying criteria.

With INvestEd, all borrowers can request a cosigner release after 48 months of principal and interest repayment (provided you meet credit and income standards).

The property used as collateral guarantees repayment of the loan in case the borrower fails to meet the monthly payments.

The longer you make PSLF - qualifying payments under a 10 - Year Standard Repayment Plan, the lower the remaining balance on your loans will be when you meet all of the PSLF Program's eligibility requirements.

What is more, with bankruptcy clearing the decks of debt, the debt - to - income ratio is extremely good, ensuring that there is little problem in having excess income enough to meet the required repayments on a personal loan.