Sentences with phrase «pay back the loan as»

If you're not careful with your finances after graduation you may find trouble paying back the loan as you should.

Once you have read the fine print and sign the contract, be sure to pay back the loan as specified.

With this information, LoanMart uses the market value of your vehicle and your ability to pay back your loan as a calculator for how much money you'll be able to receive.

If your business is not stable or has been experiencing financial setbacks, a balloon payment may lead to a downward crumble of not being able to pay back the loan as well as other business and personal expenses.

Of course, failing to pay back the loan as agreed can further damage your credit score.

It is equally crucial to find out about the possibility of extending the loan beyond the original term should you be unable to pay back the loan as rapidly as you had expected.

Unless there are certain loan conditions that penalize the borrower for early loan payment, it is in the best interest of the borrower to pay back the loan as quickly as possible.

No lenders will just give you loan simply because you promise them that you will pay back the loan as at when due.

Though the length may seem scary, don't fret: LoanMart allows you to pay back your loan as early as you'd like while accruing no penalty fees.

In addition, parents are expected to start paying back the loan as soon as the funds are disbursed to the school or the student, although they can request a deferment for as long as the student is in school, and up to six months after graduation.

No matter which way you obtain the financing you need, never forget that collateral can be seized (and sold, when appropriate) if you don't pay back your loan as agreed.

Not exact matches

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.

Ten - year maturities are available for loans for equipment and working capital (though seven - year terms are more commonplace), and loans for real estate and major equipment purchases can be paid back over as long as 25 years.

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.

I have a student loan coming in, so I don't have to worry about where my next check is coming from [student loans work differently in Britain — they're paid back as a percentage of future earnings once a certain income threshold is reached and are generally taken directly from paychecks like a tax, producing far less repayment anxiety].

So, unless you consider the loan a gift, be prepared for problems to arise when your family member doesn't pay you back, as collecting on a loan can be awkward for borrower and lender alike.

Further, if you are unable to find work, or land a job that does not pay as well as you expect, you may find yourself unable to pay back your loans.

A DTI ratio of 50 % or higher is a bad sign to lenders, as it means you may have trouble paying back your debts (and thus may default on the unsecured loan you're applying for).

As an endorser, you are secondarily responsible for paying back the loan.

The MPN is a legal document stating that you agree to pay back your loans, including any accrued interest and fees, and explains your rights and responsibilities as a student loan borrower.

A woman I work with borrowed against her 401k to buy a ski - in, ski - out condo for around $ 150k during the recession, which she now rents out on a daily basis for a crazy high return, as in her gross rents paid for the entire purchase price after 2 years of ownership, and she's now paid back her 401k loan.

The bubbling interest comes as regulators grow increasingly worried about debt levels and the capacity of ordinary households to pay back big loans on expensive houses.

Before you sign the loan contract, know what the APR is and understand how it translates to the amount you pay per month as well as how much you will pay back in total.

She started her blog back in 2013 as a hobby, but once she realized she could make a go of it, she paid off a whopping $ 40,000 in student loan debt, left Corporate America behind, and she and her husband have been making the best of financial freedom ever since!

Have your lender explain your cost as cents on the dollar (you pay back 7 cents for every dollar borrowed) or as the total cost of the loan.

You can pay back as much over the minimum monthly payment as you choose every month until the end of the loan period, when the entire principal amount is due.

Government - backed FHA mortgages, which have a 3.5 % minimum down payment, can be a more affordable option for those seeking a smaller up - front cost — though, as mentioned above, all FHA borrowers must pay monthly insurance costs for the life of the loan.

Just like when applying for an individual loan, a lender will want to look at the restaurant owner's credit score - as well as the business» credit report - to determine the likelihood that he or she can pay the loan back.

The shares used are for the purposes of the stock ownership plan, and the company pays back the original loan with annual contributions, as it is able.

Likewise, paying back a bank loan would show up as a use of cash flow.

Before offering your name and finances as a guarantee, you should be sure whether or not your income and savings will allow you to comfortably pay back the borrower's full loan amount.

As long as you continue to pay the loan back, your taxes will not changAs long as you continue to pay the loan back, your taxes will not changas you continue to pay the loan back, your taxes will not change.

Typically, the loan will be paid back over a set period of time, known as the loan term, and you'll be charged a percentage of the remaining balance in interest each month as a cost of borrowing the money.

A bond represents a loan you make as an investor to a company in exchange for interest paid on the bond until maturity, when the company pays back the principal.

When you pay extra on an installment loan such as a car loan, you can't get the money back.

It's also your duty to pay back that loan with the same zeal as if you owed it to Visa or Mastercard.

Filing separately won't make sense for all borrowers as it means they will make much less progress on paying back their student loans.

When lenders are more confident about your ability to pay back the loan, they view lending to you as less of a risk.

Of course, you'll have to pay the loan back in monthly payments, which includes fees and interest rate charges as well, but you'll have the entire amount you've been approved for at your disposal.

Consequently, your ability to pay back a loan will appear less likely, causing the bank to view you as a risky investment and possibly retract your loan application.

A startup company is offering soon - to - get - married couples a loan amount of up to $ 10,000 which they don't have to pay back so long as they don't divorce.

However, remember that the lender will keep the funds you deposited as collateral until you pay back the loan in full.

This acts as an insurance policy in the event that you're not able to pay the loan back.

For example, if you can't pay back a secured loan on time, a lender can seize the collateral, such as your car or home.

The second reason why FHA loan closings are up is the new FHA policy on FHA mortgage insurance premiums (FHA MIP), the insurance payment FHA - backed homeowners pay as part of their monthly mortgage.

In addition to the standard promise to repay the loan (called a promissory note), the bank will also likely require that the business owners sign personal guarantees — meaning that you, as an individual, will be on the hook to pay back the loan even if the business fails.

As part of the terms of the partnerships crafted by China's government, if the nations that borrow the money can't pay back those loans, China assumes control of those projects.

Unless the value that you withdraw is paid back to the insurance carrier before your death, the balance of your loan will be deducted from the death benefit, and the carrier will need you to repay the interest on the loan as well.

These short - term loans are great for small business owners who need funds in a pinch and who have the ability to pay back on an automated, daily basis as a percentage of their card sales, or, a fixed amount drawn from their business bank account.

For consumers with a large amount of debt on revolving lines of credit, such as credit cards, a loan can also help them pay back that debt on a set schedule.