Sentences with phrase «prevent default on the loan»

If you don't want this to happen to you it is important that you find many ways to pay off the loan and to prevent default on the loan.

Not exact matches

In order to prevent the risk of default, do your research and plan ahead to ensure that you will have enough money coming in to always make your loan payments on time.

If you're worried about wage garnishment, follow these steps to prevent defaulting on your student loans:

Learning how to manage your loans and prevent defaulting on your debt is essential for your financial security.

Entirely dependent on billions of euros worth of international rescue loans from other European countries and the International Monetary Fund, Greece must impose yet more austerity measures next month, if it is to keep the money flowing and prevent a default and a potentially disastrous exit from the euro.

Missing, skipping or defaulting on a loan will impair your credit score and prevent a bank from granting a mortgage loan.

David Cameron had come under pressure in Europe to assist with Greece's next 12 billion euro bailout, in a bid to prevent the country defaulting on its loan payments.

Around this time 40 years ago, on December 9, 1975, President Gerald Ford signed a $ 2.3 billion seasonal loan authorization to prevent New York City from having to default.

He says an IMF emergency bailout won't be enough to prevent Mongolia from defaulting on billions of dollars worth of loans.

Likewise, if you owe on your student loans and are in default, that will also prevent you from applying for federally funded financial aid.

Missing, skipping or defaulting on a loan will impair your credit score and prevent a bank from granting a mortgage loan.

Loan servicers collecting payments on federal direct government student loans now have incentives to prevent borrower defaults.

You don't want to go into default on those loans, since that would prevent your consolidation loan application from moving forward.

When your school begins to formulate a plan on how to reduce and prevent loan default, we can help.

IDR can make payments more manageable and prevent you from defaulting on your loans.

Despite Madigan's best efforts, the Department of Education announced in March that it was rescinding a rule that prevents loan servicers from tacking on collection fees as long as the borrower is in repayment or rehabilitation within sixty days of default.

In March, the Department of Education announced that it was rescinding a rule that prevents student loan servicers from adding collection fees on defaulted loans as long as the borrower is in repayment or rehabilitation within sixty days of default.

Significant trust is given by a cosigner when signing for a personal loan so be sure to make payments on time to prevent default and ruining the cosigner's credit.

The belief held by the Obama Administration seemed to be that IDR plans could save taxpayers money by preventing more borrowers from defaulting on their loans.

The plans are designed to prevent borrowers like Tibak from defaulting on their loans, a problem faced by about 20 % of people repaying college debt.

Changes to federal accountability systems — such as the creation of a risk - sharing system that requires institutions to cover a portion of costs when student loans go bad — may provide new incentives needed to encourage institutions to better focus on preventing the educational conditions that later lead to default.8

The private sector has begun to default on home loans and add fuel to the mortgage crisis with the first broad - based, systemic attempt to prevent foreclosure.