Sentences with phrase «of scheduled payments»

Reduction of interest is the main incentive due lower principal amounts at the time of a scheduled payment.

This type of loan works just like a standard storefront or bank loan in terms of scheduled payments over an extended period of time.

You can speed up a debt settlement program by putting extra funds into your debt settlement trust account, on top of your scheduled payments.

An installment loan is a loan that is repaid over time with a set number of scheduled payments, normally at least two payments are made towards the loan.

With or without a budget deal, the state will face its next cash - flow crisis in June, when Albany's available resources are expected to fall $ 1 billion short of scheduled payments for school aid and other purposes.

To avoid this problem, do not make extra payments an exact multiple of the scheduled payment.

If you already have one revolving credit card and / or a line of credit (which you can borrow from and repay over and over again) and an installment loan (like a mortgage, which is a loan that you repay with a set number of scheduled payments until it is paid off in full), then you don't need much more credit.

It is anticipated a reduction in benefits of about 13 percent or an immediate increase in payroll tax rate from 12.4 to 14.4 percent, or a little of both, will be needed to allow full payment of scheduled payments for the next 75 years.

Upon the death of the original contract owner, the life insurance carrier will pay the death benefit to the designated recipient in one of two ways: a lump sum, or a series of scheduled payments.

Made outbound calls to customers educating and advising the importance of scheduling payments on accounts

While the allocation of scheduled payments between principal and interest changes over the life of the mortgage, extra payments go entirely to principal, no matter what stage of its life cycle the mortgage is in.

Installment loans range from $ 500 — $ 1,500 and are repaid over a longer period with a set number of scheduled payments.

The exception applies when the extra payment is an exact multiple of the scheduled payment — the payment the borrower is obliged to make each month.

A good example would be that a 7 - year loan is amortized over a 30 - year period and each of the scheduled payment covers maybe interest and only part of the principle.

This may result in higher monthly payments, an increase in the number of scheduled payments or both.

The borrower must provide a copy of the agreement and evidence that payments were made on time in accordance with the agreement, and a minimum of three months of scheduled payments have been made prior to credit approval.

Results vary, but clients who complete making all of their scheduled payments will pay less than the balance owed in most cases.

Our online Installment Loans range from $ 500 — $ 1,500 and are repaid over a longer period with a set number of scheduled payments.

With Big Picture Loans, you are offered with installment loans which you repay over time with a set number of scheduled payments.

«Installment accounts» refers to loans you've taken out that are of a set borrowed amount and are to be repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan.

Clearly nobody who has not seen the specific contract can be certain, but it might be that the lawyers wanted to cover the possibility that «User» decides to quit the contract without delivering the programs and without receiving any of the scheduled payments.