Sentences with phrase «of paying back your loan»

A CEO can have a history of paying back loans, whereas their business could have defaulted on its debts.
While most of these questions are discussions you'll have with your lender, you'll also want to talk to your accountant and / or business partner about how the cost of paying back your loan will affect your expected cash flow.
There are a total of eight federal student loan repayment programs, including income - driven repayment plans, made available to borrowers that can help with the management of paying back loan balances over time.
By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.
If you do not make a profit during the first years of your business, then investors don't expect to be paid and you don't have the monkey on your back of paying back loans.
Also, indebted people who still have hopes of paying back their loans do not tend to rebel or protest against their governments.
These farmers have no insurance cover therefore they will have to find means of paying back the loans they contracted from family and friends and their bankers.
Instead of you paying back the loan, it is your lender that pays you based on your payment option while the interest accrues on the loan.
By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.
Lenders like borrowers in the habit of paying back loans.
Afraid of the deadline of paying back loans?
Decreasing term life insurance may be more appropriate if you're in the process of paying back loans and want coverage to make sure these wouldn't be transferred to your dependents.
There are a total of eight federal student loan repayment programs, including income - driven repayment plans, made available to borrowers that can help with the management of paying back loan balances over time.
Whether it is a medical bill or car loan, the substantial obligation of paying back that loan can be mind bottling!
Equal rights to the loan means the co-applicant has equal authority to utlize the funds from the loan, but they also share the responsibility of paying back the loan.
You must have strong credit, and show you are capable of paying back the loan.
To put it simply, it tells a lender the likelihood of you paying back a loan.
That is the number that banks are going to use to see if you are capable of paying back the loan.
A trend of paying back your loan on - time coupled with a few well - managed revolving accounts will set you on the road to great credit.
The goal is to shift this attention from collections to give graduates a fairer way of paying back loans.
It predicts the likelihood of your paying back your loans and other payments you own.
Although these are all factors to consider, it's important for you to take a look at your own personal situation and decide if refinancing will help you financially, and emotionally, handle the stress of paying back your loans at the current point you're at in your life.
If you do not make a profit during the first years of your business, then investors don't expect to be paid and you don't have the monkey on your back of paying back loans.
Car title loans are indeed very useful, and the fact that you have several ways of paying back the loan makes things even better for those who choose to take advantage of this kind of loan!
Your credit score is simply a number that creditors use to determine your likelihood of paying back a loan.
The process of paying back the loan principal over the term of the loan is known as «loan amortization.»
The number of new homes that graduates could buy instead of paying back their loans is particularly striking given that homeownership rates have cratered for Americans under 40.
I am beginning the process of paying back loans and it can be hard, but there are some good tips in here to keep me motivated to save!
Why home loan insurance Buying a home on a loan entails a liability of paying back the loan.
Decreasing term life insurance may be more appropriate if you're in the process of paying back loans and want coverage to make sure these wouldn't be transferred to your dependents.
And instead of paying back the loan balance plus interest on a monthly basis (and adding to your monthly expenses) you do not have to pay back your HECM loan until you move out or sell the home.
You must have strong credit, and show you are capable of paying back the loan.

Not exact matches

A banker won't approve a loan that he doesn't think has a chance of getting paid back.
Of course, to get those items back you'll need to pay back the loan with interest.
-- Douglas Merrill, former CIO of Google and now CEO of ZestFinance, a big - data startup that uses more than 100,000 data points about an individual to figure out if he or she will pay back a loan.
While Square started out by offering merchants cash advances through its Square Capital subsidiary starting in 2014, the company announced in March it planned to discontinue those, and was entering the online lending world, offering its customers loans which they pay back as a percentage of sales.
Electric car company Tesla paid back a controversial loan to the Department of Energy on Wednesday, a feat that sets it apart from other fledgling electric car start - ups and programs.
Debt financing is structured like a loan to be paid back later, while equity means the lender gets a piece of the company.
Banks loaned money to people likely to take a great deal of time paying to back.
If these loans don't get paid back then banks could start going bust, while local governments, some of which have been a beneficiary of these loans, and other companies could find themselves underwater, too.
A back - of - the - envelope calculation showed that Mihalic would pay $ 42,000 in additional interest if the loans went to their natural 10 - and 15 - year terms.
Glickman put in $ 80,000 of his own money over time and would occasionally make short - term loans to the company; later his father would end up lending the company $ 100,000, which was paid back in full, with interest, within a year.
People either loan you money — which you must pay back with interest over a specified time period — or they make an equity investment in your business — buying the right to receive a percentage of your future profits.
Otherwise, when your uncle dies, the executor of his estate (who may not be such a terrific guy) may insist you pay back your uncle's «loan
«The people who struggle the most to pay back student loan debt tend to be people with lower amounts of student loans who haven't completed their degree,» Ratcliffe said.
The owner of a corporation who personally guarantees a loan is also personally responsible for paying it back if the corporation goes under.
The lender might start thinking, Wait a second, I gave this guy a loan and he's spending money on this instead of paying me back?
Term loans are a lump sum of cash you pay back, plus interest, over a fixed period of time.
Yahoo owes a prize promoter $ 5.5 million for backing out of a contract to pay $ 1 billion for predicting every winner in the 2014 NCAA men's basketball tournament, and entering a similar contract with Quicken Loans and Warren Buffett's Berkshire Hathaway, a court decided on Monday.
Personal installment loans - also known as cash advances - are typically paid back on a fixed schedule over a period of a few months or years.
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