Sentences with phrase «regular monthly payments»

If you file a chapter 13 bankruptcy you are required to go through a credit counseling course and you must make regular monthly payments on time.

Fixed - rate mortgages offer the stability of regular monthly payments over a given length of time, or term.

The insured individual receives regular monthly payments for 5 years after the initial lump sum benefit pay out.

You could just tell them that the cosigner is handling the other debt and is unable to help you make regular monthly payments on your own debts.

Reverse mortgage proceeds can be taken as a lump sum, as regular monthly payments, or as a line of credit.

Because if they are receiving regular monthly payments on the debt, why would they be willing to settle for less than 100 % the original amount owed?

The loan is then repaid over a period of years through regular monthly payments.

Unlike a traditional mortgage, reverse mortgages don't require regular monthly payments toward principal and / or interest.

Our program is not a consolidation program and we do not make regular monthly payments towards a debt, unless it is towards a settlement.

At the end of the period, the borrower is required to resume regular monthly payments plus an additional amount to make up for the past - due amount.

Be sure to specify that you want your check applied to the loan's principal — or there's a risk the check will be put toward future regular monthly payments.

Regular monthly payments since then may have improved your rating.

You will only have to make a single regular monthly payment.

A balloon loan or balloon mortgage payment is a payment in which you plan to pay off your auto or mortgage loan in a big chunk after a number of small regular monthly payments.

The fund generates regular monthly payments that are set each year and expected to remain constant throughout the calendar year.

Instead of making regular monthly payments, you can save a lot of money by paying every two weeks.

Having a huge student loan or mortgage doesn't matter so much, unless you aren't making the required regular monthly payments.

If you start making regular monthly payments towards your debt, you have already taken a big step towards fixing your problem.

A fixed servicing plan with regular monthly payments is likely to be your best bet for avoiding stinging payments at the dealership come service time.

Fidelity Income Replacement FundsSM combine the power of professional asset management with professionally managed withdrawals to help turn part of your savings into regular monthly payments.

Assuming you qualify for a mortgage, the bank will grant you a loan and you will go into contract with that lender and begin making regular monthly payments until your mortgage is paid in full or refinanced by another bank or lender, or if your home is sold before maturity.

Despite having adequate income to afford regular monthly payments, many discover that... View Article

Quite a few home buyers opt for a reduced amortization period leading to greater regular monthly payments if they have the means to do so, understanding that it encourages desirable saving habits and minimizes the overall interest payable.

You may even want to use a combination of regular monthly payments along with small snowflake amounts.

Balloon Mortgage: A loan that has regular monthly payments which amortize over a stated term but call for a final lump sum (balloon payment) at the end of a specified term, or maturity date, such as 10 years.

Once protected by the Orderly Payment of Debts program, a client will make regular monthly payments directly to Money Mentors, which is then disbursed to the client's creditors on a pro-rated basis.

But there is a huge difference between INCOME and ASSETS, and many consumers who can't sustain regular monthly payments due to lack of income or other financial hardship are able to use some of their dwindling savings for the purpose of settlements.

Better still, you'd have the flexibility to switch back to the lesser regular monthly payment if you were to experience any changes like a sudden job loss or the birth of a child.

The main aim of pension plans is to infuse the post retirement period of an individual with dignity and confidence, not only through building up of a lump sum but also regular monthly payments.

Opting for such a plan will ensure the nominees receive a lump sum benefit under the basic cover as well as regular monthly payments.

With a loan, you borrow a specific amount, and repay with regular monthly payments.

Amortization — A repayment method in which the amount you borrow is repaid gradually through regular monthly payments of principal and interest.

If you have collections or charge - offs on your credit report, lenders won't typically factor those into your DTI ratio calculation unless you're making regular monthly payments on those debts.

If the terms of your agreement allow you to pay off any portion early (e.g. many «fixed» mortgage agreements allow for a payment of 20 % of the outstanding principal, on top of regular monthly payments), you could obtain a second mortgage for as much as you can pay off, and use it to pay down the first.

With one of these cards, you can establish a positive credit history by using it sparingly and by making regular monthly payments.

Vanguard Managed Payout Fund * is designed to give you regular monthly payments that, over time, keep pace with inflation.

Interest not paid during any period when Laurel Road has agreed to postpone or reduce any monthly payment will be added to the principal balance through capitalization (compounding) at the end of such a period, one month before the borrower is required to resume making regular monthly payments.

This can save a ton of money, especially on a 30 - year loan where most of your regular monthly payments go toward paying down your interest during the first several years,» Huettner says.

Whatever the reason for your current financial circumstances, we want to work with you to find a financing option on a car that will not only serve as a good long - term investment for you but help boost your credit when you make your regular monthly payments.

Mortgage curtailments do not lessen your regular monthly payments.

In most cases, these payments will be at least as much as your regular monthly payments on your mortgage or car loan, with some extra payment to get caught up on the amount you have fallen behind.

All HECM reverse mortgage loans are backed by the Federal Housing Administration (FHA), and seniors who receive reverse mortgages can opt for regular monthly payments, a lump - sum advance, or a line of credit.

Besides the regular monthly payment, you can also add extra amounts called voluntary repayment options to be able to get out of debt faster.

Your regular monthly payments will do the rest, your credit score will soon reach a status where you'll be able to request personal loans at very reasonable interest rates.