Sentences with phrase «repaid as agreed»

A responsible borrower is one that has taken a loan or line of credit and repaid it as agreed.

Other loans must be repaid as agreed to maintain a good score.

Others, like mortgages, are elaborate documents that are filed as public records and allow lenders to repossess the borrower's property if the loan isn't repaid as agreed.

Getting money from a friend or family member is tough to ask for and it should repaid as agreed.

They will first want to see that the loan has been repaid as agreed, on time, every month, for an extended period of time.

You are free to use these loans as you see fit but make sure to repay as agreed to avoid dire consequences.

You are indeed free to spend this money as you like but make sure you repay as agreed.

Whatever you do with this money, it is important to repay as agreed to avoid dire consequences.

Not exact matches

When you take out a debt consolidation loan, your debts will still be marked as paid as agreed, which shouldn't affect your ability to get additional credit if you need to take out a car loan or mortgage while you're repaying your debt consolidation loan.

As Spurs have shown this season, if you put faith in top young stars, they can repay you and many will agree that youth is the way forward for England.

We had different answers as to how best to repay those who had given our country so much, but we agreed the status quo was unacceptable, so we recognised it was best to work together, defeat the government and make them think again.

Its economy was destroyed during the Civil War, and took further blows during the Reconstruction era at the hand of «carpetbaggers» from the North, particularly involving Northern banks providing financing to plantation owners who would pledge their land as collateral and often lost that land when they failed to repay the loans as agreed.

Repayment: repaying student loan as agreed upon in promissory note; students should check with lender at time of repayment to understand responsibilities

We do not charge early repayment fees like many other lenders do, and the only additional charge that we place on our quick cash loans is a # 15 default fee — which you will only have to pay once throughout the entirety of your loan if you do not repay your instalments as agree in contract.

It lists the terms and conditions under which you agree to repay the loan and explains your rights and responsibilities as a borrower.

This may be right for someone who can not afford to keep up with their debt repayments as they agreed to in the first place, but who can repay their debts within a reasonable time frame (under different terms though).

To determine your creditworthiness (i.e. the likelihood you will repay your loan as agreed), lenders will consider a number of factors, including your income, your savings, and any outstanding debts.

Credit history: This is defined as a consumer's record of their financial history, such as whether or not they repaid debts as agreed upon in the past.

You repay the bank monthly as agreed out of your own savings or checking account, and receive the loan proceeds once the final payment is made.

When you take out a debt consolidation loan, your debts will still be marked as paid as agreed, which shouldn't affect your ability to get additional credit if you need to take out a car loan or mortgage while you're repaying your debt consolidation loan.

It is very important to note that if you fail to repay this type of loan promptly as agreed, the lender or the bank has the right to posses the security you pledged and is allowed to sell it to pay back the loan you took.

This is an ideal situation which allows them to sell off a property and recover their investment if a client is unable to repay the loan as agreed.

Perform a detailed review of all aspects of the applicant's credit history to establish the applicant's willingness to repay and ability to manage obligations as agreed.

Scores, on the other hand, apply a formula to the data in your reports to create a three - digit number predicting how likely you are to repay money as agreed.

Student loans are generally treated by lenders as installment loans, i.e. one - off payments which are then repaid in installments over an agreed period.

When a consumer is unable to repay a large debt for several months or years, the creditor rightfully assumes that the consumer will not repay the debt as agreed in the future.

With a good credit score of 700, it's estimated that there is only a 2 % chance that you won't repay your debts as agreed.

If you do not return as agreed to repay the payday loan, the lender will attempt to cash the post-dated check to satisfy the amount owed.

Debt settlements usually involve a contract with a third party who will agree to consolidate and pay off your outstanding debts — credit cards, automobile loans and other bills — and arrange for you to repay the balance as one fixed sum, to the debt settler.

With a secured loan or line of credit, the lender can take possession of your collateral if you don't repay the loan as you have agreed.

It takes quite a while to repair a bad score but it is certainly possible if you make a point of repaying your debts on time, and as per agreed on terms.

So, your payment every month pays down the debt that you've agreed to repay as opposed to going towards interest and then towards the principle.

- Have you considered what you will offer as collateral (the asset or assets that will be transferred to your lender if you can not meet your loan obligations) should your lender want loan security - Have you lined up a cosigner (someone who agrees to be liable for the debt if the borrower can not repay) should your lender request one?

The loan is repaid over an agreed period of time, such as 25 or 30 years, and payments are usually made fortnightly or monthly.

Once you have worked out the terms of your bad credit payday loan, make sure you repay the loan as you agreed, to establish a credit line.

paid as agreed [top] A designation on the credit report that indicates the consumer is repaying the credit account according to the terms of the credit agreement.

Freddie Mac considers an extenuating circumstance to be a nonrecurring or isolated circumstance, or set of circumstances, that was beyond the borrower's control and that significantly reduced income and / or increased expenses and rendered the borrower unable to repay obligations as agreed, resulting in significant adverse or derogatory credit information.

Once you have repaid the loan as agreed you will have established a credit line with the lender and can usually get a credit line increase for the next time you are in need of short term payday loans.

Revolving Credit: In a credit agreement of this nature, the borrow can draw money up to a predetermined level so long as some of the borrowed money is repaid according to an agreed upon schedule.

The difference between a debt management plan and a debt settlement service, is that with a Debt Management Plan, you agree to repay the full amount of debt that you owe — so your credit score will get better over time as you pay back your debts.

The credit line for a business may be $ 50,000 and once the entire amount has been repaid, you can again access the amount granted for that credit line as long as you paid off the initial loan according to agreed terms.

The loan is usually repaid over an agreed period of time, such as 25 or 30 years.

There are also other fees that you should watch out for such as application fees or pre-payment fees, which make you pay a penalty if you decide to repay your loan faster than agreed upon.

Keep in mind, with a secured loan, the lender can take possession of the collateral if you don't repay the loan as agreed.

The FICO models compare consumers and, essentially, rank them based on their likelihood to repay credit obligations as agreed.

agree to repay the Direct Consolidation Loan under the Pay As You Earn Repayment Plan, the Revised Pay As You Earn Repayment Plan, the Income - Contingent Repayment Plan, or the Income - Based Repayment Plan.

The panel participants agreed that in addition to affordability concerns, inventory shortages and lifestyle factors such as marrying later in life and having to repay student loan debt are burdening a segment of creditworthy buyers by making it more difficult to save for a down payment.

I would imagine that private investors would be more interested in the profitability of the individual investment where a banks interest is more aligned with the ability to repay the debt as agreed (often based on income streams not related to the investment).

To the bank, a borrower which is abreast on his / her investment finances would be more likely to repay the debt as agreed.