Sentences with phrase «other delinquent debts»

If you have a good payment history with that lender, the lender may be able to look past other delinquent debts on your credit file.

Not exact matches

If you fail to repay your loan in accordance with its terms, we may place your loan with, or sell your loan to, a third - party collection agency or other company that acquires and / or collects delinquent consumer debt.

These are alternatives to bankruptcy, and the choice depends on whether you have delinquent or excessive debts and other factors.

If you fail to repay your loan in accordance with its terms, we may place your loan with, or sell your loan to, a third - party collection agency or other company that acquires and / or collects delinquent consumer debt.

The two huge set backs were that my homeowners association dues thripled, and my bill - paying partner was diagnosed with a disabling disease, and hasn't worked for most of 2007, thus my mortgage payments were delinquent requently, intermittent with my other debts.

The same 10 % rate applies on average to other types of consumer delinquent debt, such as mortgages and credit cards.

The other likely option for when you're delinquent is debt settlement.

In its simplest form: a tax sale is when a property is sold by a taxing authority, such as a city's tax department, or by the court, as in a Sheriff's sale, to recover delinquent taxes or other debts levied against the property.

However, the court may give some unsecured debts, such as delinquent tax, child support or alimony, priority over other unsecured claims.

Then there's the credit reporting time limit which dictates how long delinquent debts and other negative information can appear on your credit report.

Unpaid delinquent debts can keep you from moving on with your life and getting approved for other credit cards and loans, especially a mortgage.

Student loans are now more likely to be delinquent than other major types of debt.

Collections agencies purchase delinquent debts you may have from other parties.

On the other hand if you were delinquent with all of your other credit card debts it would seem to indicate that you do not have the ability to pay anyone including that particular creditor and you indeed require debt relief.

Student debt is not dischargeable in bankruptcy like other types of debt; thus, delinquent or defaulted student loans can stagnate on borrowers» credit reports, creating an ever - increasing pool of delinquent debt.

-- The borrower must not be delinquent on any other consumer debt and current on all payments.

Also, pay off any delinquent bills and reduce any other debts you owe so that your debt - to - income ratio (DTI) is favorable.

JPMorgan Chase & Co. last month sold about $ 500 million of bad loans to Lone Star Funds, while Oak Hill Advisors LP bought $ 659 million of delinquent debt from Freddie Mac, said two other people, who asked not to be named because the transactions are private.