Sentences with phrase «placed against the borrower»

When repeated court judgments are placed against the borrower for wage garnishment, the employer could potentially fire the employee because of concern that the lack of credit could translate into an issue of character.

Not exact matches

Even those borrowers who have filed bankruptcy, have went through foreclosure, or have had judgments placed against them can borrow money through a payday loan.

When that takes place, a borrower may have a reason to file a complaint against that lender through a myriad of places.

The loan agreement provided by the lender is the go - to document for what should take place with a loan, and the protections borrowers have against any breach of that agreement by a lender.

By using your vehicle as collateral, borrowers must consent that their title can have a lien placed against it by the lender or have their vehicle repossessed for nonpayment and or failing to meet the lender's obligations.

Once the reverse mortgage loan has been approved, the funds are disbursed to the borrower according to the payment options they've selected (in a lump sum, as monthly payments, or through a line of credit) and a new lien is placed against the property.

Refinancing second mortgages offer borrowers funds that are placed against the equity of your home's appraisal value.