Sentences with phrase «of the balance owed»

The APR represents the cost of using a credit card expressed as an annual percentage of the balance owed.

Outside of this kind of arrangement, there is very little incentive for a creditor to accept a long - term payment arrangement to forgive 40 - 60 percent of the balance owed.

A transfer you initiate that moves all or part of the balance owed on one credit card to another credit card.

Your debt can be negotiated down to a small fraction of the balance owed.

The clock begins ticking on the date of first delinquency, and not when they start a program or when the bank agrees to forgive a portion of the balance owed.

With this option, you can lock in part of the balance you owe at a fixed rate.

Most mortgages allow you to pay back a maximum of 20 % of the balance owing per year as a lump sum.

Short sales are referred to properties that are sold short of the balance owed on the loan in order to stop foreclosure.

This will reduce the amount on the statement date, and that will make your ratio of balance owed / total go way down.

This feature typically covers the minimum payments of the balance you owe if you can not make the payments due to an unforeseen event such as disability, critical illness, loss of employment.

A consumer proposal allows you to offer a percentage of your debts as settlement of your balance owing with your creditors and is usually for an amount less than is owing.

The minimum repayment amount varies, but can be charged as a fixed fee, or percentage of the balance owed, usually 1 % or $ 25 — whichever is higher.

To a debt collection company, getting a portion of the balance owed is still hugely profitable.

The home is sold but proceeds fall short of the balance owed.

If you make the required minimum payment, the law allows that amount to be be applied to any part of the balance owing.

The six largest issuers reported that unpaid interest and fees represented about 10 percent of the balances owed by bankrupt cardholders, but were unable to provide data on penalty charges these cardholders paid prior to filing for bankruptcy.

Credit protection life insurance, such as mortgage or line of credit life insurance, is designed to pay off the full balance or a portion of the balance you owe in the event of your death.

This form of coverage will cover the remainder of a balance owed on a new vehicle after you insurance company has made a settlement offer for the car, should it happen to be totaled.

Utilization is calculated by dividing the sum of all balances you owe by the sum of all credit limits.

But the rules for making extra payments can vary greatly between mortgages and many will cap off how much you can pay of your mortgage at 20 % of your balance owing during a given year.

The sum of your catch - up payments after a month is more than half of the balance you owe (i.e., you have $ 6,000 in uncollected payments due and you still have to repay a total of $ 10,000).

· Substantial reduction of the balance owed; not the interest rate, reducing the balance is where people get big savings.

Wyoming consumers can have their third - party debt collection accounts reduced to a fraction of the balance owed after getting approved for a debt settlement program.

When you are negotiating to have creditors forgive half or more of the balances owed, they simply will not extend more credit unless you bring the account current again and get back on a plan to pay off the full balance.

Minus your deductible, collision insurance will pay the remainder of the balance owed from the accident.

yes as long as rent for Nov was only partially paid you put the amount of the balance owed.

List each account balance, its APR (annual percentage rate, which includes interest and other finance charges expressed as an annual percentage of your balance owed), minimum payment due and due date.

The debt settlement company will settle the summons prior to the court date, for a fraction of the balance owed.)

The Canada Revenue Agency charges a penalty of five per cent of the balance owing plus one per cent for each full month you're late in filing your return.

A settlement means that you could pay only 40 % -50 % (not counting the settlement company fees) of the balance owed in one lump payment, and in return the creditor will report the debt paid ($ 0 balance).

Each month you will pay 1.0 % of the balance owing on your credit line until it is zeroed out.

Monthly payments or percent of the balance owed — gleaned from consumer reports and application questions.

It is usually 2 % of the balance owed.

Typically, your minimum payment will be whichever is greater of a predetermined amount, such as $ 25, or a percentage of the balance owed, such as 1 %, plus any interest, fees or other charges.

If you owe money to the federal coffers, you'll be dinged a minimum of 5 % of the balance owing, plus another 1 % penalty on unpaid tax for every month that it's late, up to a maximum of 12 months.

A percentage of the balance you owe, often around 1 % to 3 %.

Line of Credit payments vary and are calculated monthly based on a percentage of the balance owed.

Usually premiums are based on a percentage of the balance owed.

Debt settlement programs typically can settle unsecured debt for between 40 % and 60 % of the balances owed, and they also may enable you to become debt - free from your enrolled accounts in as little as 24 — 36 months.

For this month, the minimum payment might be 2 % of the balance owing.

On a debt settlement program with a debt settlement company the client gets setup with a trust account where they pay into it each month, allowing funds to accumulate until enough accumulates to where the settlement company can negotiate a settlement to pay off the debt at a fraction of the balance owed.

If, and only if the debt collection company can prove the validity of the debt, Golden Financial Services can settle the debt for a fraction of the balance owed.

My question... I would like to negotiate a settlement with them of 20 % of the balance owed... $ 2.6 K of 13.4 K with the «Charged Off» notation taken off and replaced with «Paid as Agreed» or «Paid in Full».