Not exact matches
However, borrowers need to be aware
of the caveats
of federal student loan forgiveness,
including tax implications, uncertainty about the viability
of forgiveness programs, and the need to take lower - income positions before relying heavily on a forgiveness program to
repay student loan
debt.
Athens faces demands to
repay $ 7bn
of debts in July,
including $ 3.5 bn due to the European Central Bank on 20 July.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate
debt that they could not
repay; (ii) many
of the Company's customers were using Qudian - provided loans to
repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood
of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number
of its non-performing loans in the Registration Statement and Prospectus; (vi) because
of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk
of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market,
including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks
of penalties and financial and reputational harm; and (x) as a result
of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
The company had $ 714 million in corporate level
debt outstanding at quarter - end, a decline
of $ 136 million from year - end 2011,
including $ 608 million in non-recourse securitized notes payable and $ 103 million drawn on its $ 300 million warehouse credit facility, which was
repaid subsequent to the end
of the second quarter with proceeds from the company's securitization
of $ 250 million
of vacation ownership notes receivable.
The Company intends to use net proceeds from the offering to
repay approximately $ 4.2 million in
debt,
including the repayment
of all
of its outstanding
debt with Great Elm Capital (formerly Full Circle Capital).
Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price
of oil globally and cleverly laid the blame on the doorsteps
of all Nigerian accusing them
of relying solely on oil.All renowned rating agencies
including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to
repay its
debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end
of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau
of Statistics confirms that, last year, the country recorded total inflow
of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.
An ethical approach to climate change
including consideration
of wealth redistribution to
repay «climate
debt» is one model for doing this.»
While the primary purpose
of the program is to help charter schools, «Finance school building projects,
including the construction, purchase, extension, replacement, renovation or major alteration
of a building to be used for public school purposes,» the law does allow charter school companies to seek grants to, «
Repay debt incurred for school building projects,
including paying outstanding principal on loans which have been incurred for school building projects.»
(For readers unfamiliar with the term, «shareholder yield» is a holistic measure
of shareholder friendliness that
includes dividends paid, shares repurchased, and
debt repaid.)
Cancellation Loan cancellation ends the obligation to
repay the
debt and typically involves the discharge or forgiveness
of the loan balance (
including any accrued but unpaid interest).
The counseling information should
include information about monthly payments based on the loan term and interest rates, total cost over the life
of the loans, and salary ranges needed to
repay the total education
debt.
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.
When requesting a consolidation loan in order to reduce the amount
of money you have to set aside every month for
repaying debt and thus, driving away the risk
of bankruptcy, you need to make sure you
include only all the
debt that has higher interest rates than the consolidation loan.
However, borrowers need to be aware
of the caveats
of federal student loan forgiveness,
including tax implications, uncertainty about the viability
of forgiveness programs, and the need to take lower - income positions before relying heavily on a forgiveness program to
repay student loan
debt.
As a result, many admit to postponing a number
of life milestones,
including buying a first home (40 %), starting a family (36 %), getting married (23 %) and even moving out
of their family home (18 %), until student
debts are
repaid.
Discharge, on the other hand, is granted wen serious qualifications are met; these can
include improprieties done on the part
of your university, or other things that make it unlikely that you will ever be able to
repay your
debt.
d. Customer understands that the results obtained by Joe's Credit Repair on behalf
of Customer are dependent on numerous factors,
including but not limited to Customer's ability to
repay debts and loans, cooperation
of Customer's creditors, and credit reporting agencies ability to verify information provided to them by Joe's Credit Repair on behalf
of customer.
Higher undergraduate and graduate loan limits implemented in the early 1990s and 2007, the elimination
of limits on PLUS loans in 1993, watering down
of accountability rules, like the change to the «85/15» rule in 1998, expansions
of loan eligibility to online programs (
including online graduate programs) in 2006, and overall rising costs have allowed many more borrowers to accumulate not - before - seen levels
of debt, and many will never be able to
repay it.
Along with evaluating the risk criteria,
debt ratios measures your ability to
repay the mortgage by ensuring your total
debt -
including car payments, student loans, credit card bills, etc. - does not exceed a certain percentage
of your income.
Refinancing may mean that the customer has other
debt that needs to be
included in the refinance product, may have a lower paying current job that has decreased the original ability to
repay the loan, has certain family or personal circumstances that have required a refinancing
of the house, and other changes that may be riskier for a lending bank.
Private education loans are not eligible for consolidation, but for some Direct Consolidation Loan repayment plans, the total amount
of your education loan
debt —
including any private education loans — determines how long you have to
repay your Direct Consolidation Loan.
The amount you'll have to
repay in Chapter 13 depends on various factors
including your income, expenses, types
of debts, and liquidation analysis.
The Hebrew Bible and Hammurabi's code
include prohibitions against certain kinds
of money lending and punishments for failure to
repay debts,
including indentured servitude.
The Plaintiff has a desire to
repay all or some portion
of her educational loan
debt, however, due to the Plaintiff's disability she is and will remain unable to
repay her educational
debt including accrued interest.
If you are contacted about a
debt you have already fully
repaid, explain the situation in writing to the
debt collector and
include copies
of any records or information you have that prove the
debt has been settled.
If an honest and truthful record
includes details
of bad
debts or failures to
repay, then these are
included on your record.
If the consumer credit transaction is scheduled to be
repaid in substantially equal installments which
include a portion
of the amount financed, the amount
of credit life insurance at any time shall not exceed the greater
of the approximate unpaid balance
of the
debt, excluding unearned finance charges, if any, or the approximate unpaid scheduled balance
of the
debt, excluding unearned finance charges, if any, plus the amount
of one scheduled payment.
That said, sometimes there can be reasons for continuing to pay something like a credit card,
including just a plain showing
of good faith, i.e., think
of your last three credit card statements showing several thousand dollars in purchases with no payments, versus some demonstrated attempt to
repay your
debts, even if below the monthly minimum.
If you discharge all
of your
debt,
including what you owe to friends and family, there is nothing that prevents you from
repaying anyone you want after the bankruptcy.
The CFPB's rule created criteria
of loans presumed to meet the ability - to -
repay standards
including that a borrower's monthly
debt - to - income ratio not exceed 43 %.
This record may
include, but is not limited to, an updated credit report, a statement from the creditor that the borrower has made satisfactory arrangements to
repay the
debt, or a satisfactory statement from the borrower explaining any delinquencies with outstanding balances
of less than $ 500.
In addition to the risks
of investing in emerging market country
debt securities, a fund's investment in government or government - related securities
of emerging market countries and restructured
debt instruments in emerging markets are subject to special risks,
including the inability or unwillingness to
repay principal and interest, requests to reschedule or restructure outstanding
debt, and requests to extend additional loan amounts.
The benefits
of a Chapter thirteen bankruptcy
include protecting individuals from the efforts
of debt collectors; permitting individuals to maintain ownership
of their personal and real property; and allowing people to
repay their
debts with a schedule involving reduced payments.
While many schools,
including Harvard, have loan forgiveness programs, which help students who accept public interest positions
repay part
of their
debt, according to the New York Times, Harvard is the first school to offer a tuition waiver which will save students $ 40,000 outright.
This
includes the stigma
of being indebted to society but being unable to
repay the
debt and take even the first step down the road to rehabilitation.
In the case
of all federal student loans,
including Subsidized, Unsubsidized, PLUS loans, and Perkins loans issued via the student's college or university, a loan is discharged if the student who benefited dies before the
debt is
repaid.
The Los Angeles - based office REIT expects to net proceeds
of about $ 332.2 million and said in a statement that it plans to contribute the funds to its operating partnership to use for general corporate purposes
including acquiring properties and
repaying outstanding
debt.