Sentences with phrase «pay back the money they borrowed in»

Once the loan comes due, graduates must pay back the money they borrowed in monthly installments that include interest.

Not exact matches

In return, they issue you a secured credit card that has very limited credit but provides a sensible way to prove you're capable of borrowing money and paying it back on time each month.

Credit allows us to borrow money with the promise we'll pay it back at the end of the month or pay a fee in the form of interest.

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.

When you take out a loan, you're borrowing money from a bank or other institution with an agreement in place that dictates how you pay the money back.

Apple has already done a $ 17 billion bond offering (the company decided to borrow the money rather than pay the hefty U.S. taxes required to bring some offshore cash back home) in order to raise funds for a planned $ 60 billion share repurchase over three years.

(That is, they're not interested in your ability to borrow money, stash it in a bank account for a month, and then pay it back.)

In the summer I borrowed money from it to take on a cruise but immediately paid it back.

Farley, a partner at the equity firm Mistral Capital, launched her effort with a video that borrowed an argument recently deployed by Democratic Gov. Andrew Cuomo: New York State pays roughly more in federal taxes ($ 40 billion in 2016, she noted) than it gets back in federal aid — money, Farley said, that could be used to rebuild state infrastructure and boost education, among other things.

«But, as captured in the memo, she insisted on three conditions: a. only a part, not the entire Abacha funds would be spent on the arms; the rest would be invested in developmental projects as originally conceived b. the money was to be treated as borrowed funds which would be paid back as soon as possible c. the NSA's office was to account for the spending to the president who was the commander - in - chief, given the fact that the minister of finance is not part of the security architecture and does not participate in the security council.

If you borrowed money from a bank, and then said you will pay the money back in five years, how long would you stay in business?

A second important source of changes in cash flow is borrowing or paying back money.

When using a credit card, you borrow to pay for transactions and must pay the money back to the card issuer, either in full or smaller payments over time.

As long as you make a monthly minimum payment, generally a small fraction of the outstanding balance, you enjoy some freedom in when you pay back all the money you've borrowed on the card.

The entire purpose of credit is to borrow money from a lender and then pay it back in either a revolving or installment manner over a period of time.

There is no quicker way to lose friends or cause family strife than to get in a situation where you have borrowed money from them and can not pay it back when they need it.

You borrow the money at the start of the loan and pay back the loan in monthly installments.

If this sounds impossible after all the cash you're planning to pour into your home purchase, shoot for keeping at least 10 % of your annual income in savings, and come up with a back - up plan if you need more, like borrowing from friends or family or withdrawing past contributions from a Roth IRA if you have one (you'll pay no tax or penalty on that money).

There are always people who need money but want the time to pay it back and know that once it is paid back would like the flexibility to borrow the money again in the future but without the need to go through yet another approval process.

These let you borrow money as you need it and pay back in installments.

In a typical mortgage, you borrow money in lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIsIn a typical mortgage, you borrow money in lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIsin lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIs).

The first step to paying back your student loans as quickly as possible is to limit the amount of money that you borrow for college in the first place.

If you have a high credit utilization ratio over a long period of time, it signifies to lenders that you may not be reliable in paying back the money that you borrowed a timely manner.

By demonstrating that you can pay back the money you borrow, in small or large amounts, you are establishing your credit history or credit worthiness which is reflected by your credit score.

Programs such as the Home Buyers» Plan and the Lifelong Learning Plan allow you to borrow from your RRSP and pay it back according to a fixed schedule — and these are still useful for those who have already socked away money in their retirement plans.

Borrowing money to pay for a home allows you to pay back the loan over time in the hopes that the home will increase in value, so if you choose to sell later on, you could potentially see a profit.

However, in the case of credit card, you are borrowing money from your card issuer and you are expected to pay the money back either in full or by making the minimum payment before the end of the month or billing cycle.

As I wrote in How to Make Money on 0 % Credit Card Transfers, I'm not into borrowing a ton of cash on a credit card at 0 %, saving it for a bit, then paying it back and pocketing the interest.

Whenever you borrow money at a premium interest rate, the fact of paying back with cheaper dollars in the future is mitigated by the high rate.

I took my whole salary to pay the loan, when that was gone I borrowed money from a friend, I told him i will pay him back the same day the loan is in my account,.....

If you borrow money, pay off your credit cards and then charge them back up again, you're in worse shape than ever.

In essence you've borrowed money from your own banking system, and now you're just paying it back to yourself.

To be clear, if you borrow money, you have a moral and legal obligation to pay that money back but sometimes in life there are overwhelming financial circumstances that can only be alleviated through bankruptcy relief.

In order to get the equity back you would have to pay the pawn shop the money that you borrowed plus interest and fees.

I invested that money in income producing assets, and used that income to pay back every single dime that I ever borrowed, plus interest.

An Open mortgage is one where you can pay back the money you borrowed at any time, without penalty.Choosing a fixed - rate allows you to lock - in a set mortgage payment each month for the length of the term, without worrying about fluctuations in the bank's prime rate and the Bank of Canada's overnight rate.

This 30 % return is in additional to the interest that you are paying back to yourself by borrowing money from your 401k (as is the case in most 401k plans).

If you're borrowing money to buy a home, lenders want to know you'll pay them back in a timely manner, and a credit score is an easy estimate of those odds.

If you borrow money with the specific intent of discharging the debt in bankruptcy instead of paying it back, the debt may not be dischargeable.

Just a recap: A credit card is a payment card that borrows money from a credit card issuer in your name; this borrowed money is debt that is expected to be paid back.

Then chute you can borrow up to half the value limit $ 50k, and the interest is paid back to yourself... lower your taxes, and yet the money's right here in your hands.

It is essentially — «When you borrow money for a short period of time — promising a pay - back once the anticipated fund comes in»

Abraham Lincoln or «Honest Abe» declared bankruptcy in 1833 and spent 17 years paying the money back he had borrowed.

If a consumer finds him or herself in this hole, a number of states have legislation in place that mandates payday loan lenders to offer installment plans for paying back the money that has been borrowed.

Unless their parents stepped in or they found out some other way, the other half missed out on the critical lesson that when you borrow money, you have to pay back more than the original amount and that you have to be able to earn enough money for basic living expenses plus enough to pay back the debt.

You will not be able to borrow an exaggerated amount of money, since it will have to be paid back in no longer than two weeks, but you will surely get enough to cover you emergencies.

Simply by doing the opposite to what you did in the past and borrowing small amounts of money, but ensuring that you pay them back on time all the time to start to build up a good credit history, you will begin to compensate for your past efforts.

This is because they are often providing you with large sign up bonuses that opens them up to risk — you may not pay the money you borrow back, which will result in lost capital and lost benefits.

There are a few things to remember: Do not borrow more money than you can pay back, because if you default on a car title loan in Concord and the lender repossesses your car, you'll find yourself in a worse situation than before.

If you don't pay it back in that time period, you'll have to pay interest — a percentage of the money you owe the bank — on top of what you borrowed.