Sentences with phrase «outstanding loan reaches»

Plus, if the total outstanding loan reaches the size of your policy's cash value, the policy will lapse.

Plus, if the total outstanding loan reaches the size of your policy's cash value, the policy will lapse.

Not exact matches

It's a problem that has reached record levels in this country, with more than $ 1.3 trillion in student loans outstanding.

The global volume of outstanding leveraged loans, as recorded by S&P Global Market Intelligence, reached new highs (above $ 1 trillion).

Outstanding balances on car loans reached $ 1.129 trillion in the fourth quarter, according to Experian.

The same bureau estimated that the combined total for outstanding student loan debt had already reached nearly $ 1.2 trillion, back in 2013.

The New York Fed also reported that demand for auto loans has softened generally over the last year, which raises the question as to how the total outstanding loan balance has reached record heights.

As of December 2015 total outstanding loans have reached $ 3.54 trillion.

In the first quarter of 2018, outstanding student loan debt reached $ 1.5 trillion.

In the end, less loans are going to reach default status, and eventually, the outstanding student loan debt will begin to decrease.

Outstanding personal loan balances have more than doubled in the past four years, reaching $ 112 billion in 2017, according to data from TransUnion.

According to our statistics, outstanding student loan debt has now reached $ 1.45 trillion, with the average student loan burden upon graduation is now over $ 27,000.

I can be reached at the phone number below at anytime and I expect to hear from you at your earliest convenience.Below is a break down on the loan capital and part payment he has made so far with the outstanding balance and the name of the borrower for your conflicts check.

Instead, if / when the outstanding loan balance reaches (or gets «too close») to the remaining cash value, the insurance company forces a liquidation of the insurance policy, and uses the cash value proceeds to repay the loan.

There are two types of HLPP; decreasing term insurance, where the sum assured decreases with the outstanding balance of the loan until both reach nil; and level term insurance, where the sum assured does not decrease (in case of interest - only mortgage).

According to recent estimates by The Economist, the amount of outstanding student loans will soon reach $ 1 trillion.

A homeowner technically reaches positive equity when the market value of the house exceeds the outstanding loan balance by any amount, but the associated costs of listing a house and moving prevents many Americans from selling.

A: Under the Home Equity Conversion Mortgage (HECM) plan, your loan servicer may assign your loan to HUD when your outstanding loan balance reaches 98 % of the maximum claim amount.

Commencing in 2001, FHA cancelled required MIP on loans when the outstanding principal balance reached 78 percent of the original principal balance.

The FHA recently announced it will raise annual insurance premiums for most new mortgages by one - tenth of a percentage point and most borrowers will be required to pay mortgage - insurance premiums throughout the life of a loan, rather than stopping payments when the outstanding principal balance reaches 78 percent of the original principal balance.