Sentences with phrase «repay financial debts»

Credit history, or a record of previous debt repayment, can positively impact a person's credit score because it shows lenders their ability to repay financial debts.

Not exact matches

More from College Game Plan: Student loan balances hit record $ 1.4 trillion The first steps to repaying your student debt Three ways to avoid the financial death spiral of defaulting on your student loans

Some of the proceeds of the IPO will go to repay outstanding debt Zipcar owes to financial instutitutions, and «approximately $ 5.0 million to repay amounts owing to certain former shareholders of Streetcar» as well as a portion of the net proceeds to invest in «companies, technologies, services or assets that complement our business.»

For this reason, aside from our daily student loan and financial news, we often put out various guides and resources to help students and graduates make the best decisions when it comes to choosing a college, paying for college, and repaying any student debt they may have accrued along the way.

Your lender will examine your income situation, along with your debts, to make sure you have the financial capacity to repay the mortgage loan.

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 relevaFinancial, 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 relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

When you apply for a mortgage loan in California, the bank or lender will review your financial situation to ensure you have the ability to repay the debt.

Among its promises are that Democrats will support free community college for all, make it easier to repay student loans, allow borrowers with student loans to discharge their debts in bankruptcy if necessary, strengthen higher education schools that serve minorities, crack down on «for - profit schools that take millions in federal financial aid,» and continue to work to improve public schools by holding teachers and schools «accountable.»

Accordingly, borrowers will be required to covenant in the credit agreement to provide ongoing financial and project information not only during construction, but so long as any Bureau credit instrument is outstanding and / or until any debt obligation to the Federal Government is fully repaid.

Debt settlement and debt consolidation are two forms of financial help for people struggling with more debt than they can reDebt settlement and debt consolidation are two forms of financial help for people struggling with more debt than they can redebt consolidation are two forms of financial help for people struggling with more debt than they can redebt than they can repay.

If repaying the loan becomes a financial burden, they can take steps to reduce or even eliminate the debt.

Cashing those into repay your debts can have unexpected financial costs.

First and foremost, you need to discuss, with whoever you are borrowing from, your financial situation so they can make a decision whether or not to lend you money based on whether they are comfortable that you can repay your debt.

It doesn't help that financial education is virtually nonexistent in High School, and even college unless it is intentionally pursued, so one can expect these same students to go into massive debt without taking into account their ability to repay said debt.

If it will take a year or more to repay your debt, you need to fill out and return a Financial Status Report.

In fact, it can often be a better personal and financial strategy to take a longer time repaying debt and not delaying life milestones.

In both instances, the majority of student debtors were more concerned about repaying their student loan debt than either getting their financial or personal data hacked.

For this reason, aside from our daily student loan and financial news, we often put out various guides and resources to help students and graduates make the best decisions when it comes to choosing a college, paying for college, and repaying any student debt they may have accrued along the way.

Many people are concerned how their mortgage loan is affected if forced into a bankruptcy and when someone experiences financial crisis like job loss, medical crisis or business failure, it can become quite difficult for them to repay all of their existing loans or 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.

College students under the age of 21 were also required to provide documentation that showed they had the financial means of repaying debt via income or other means.

Millions of people who have student loan debts have extreme troubles repaying them, and many of them made comments to the Consumer Financial Protection Bureau criticizing the state of servicers who are crucial for meeting their needs.

The borrower would have to prove to the court that repaying student loan debt would represent an undue financial burden.

This calculator demonstrates the future retirement financial loss you may experience when electing to repay your debt with an extended repayment program offered by creditors, credit counseling or debt settlement, rather than intervene on your debt with...

In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.

Your lender will examine your income situation, along with your debts, to make sure you have the financial capacity to repay the mortgage loan.

If you want to get out of debt and want a plan, Exact makes it possible to exactly predict how soon you will repay a specific loan (or all your loans) based on your current financial habits.

debts, a divorce, or another financial catastrophe are putting you so far into credit card debt that you know you can not repay it?

Debts and credit history: To determine your total debt and your history of repaying other financial obligations.

If your financial problems stem from too much debt or your inability to repay your debts, a credit counseling agency may recommend that you enroll in what is knows as a «debt management plan» or «DMP».

Our clients come to us in financial despair and most want to find a way to repay their debts.

Avoid excessive inquiries - A large number of inquiries occurred over a short period of time may be interpreted as a sign that you are opening numerous credit accounts due to financial difficulties or overextending yourself by taking on more debt that you can or can not easily repay.

So it all comes from your financial activity, and how well (or how poorly) you repay your debts.

The Consumer Financial Protection Bureau is looking at requiring lenders to consider borrowers» ability to repay before extending loans, similar to what it already does with credit card debt and home mortgages.

Applicants can get around this requirement if they document their financial ability to repay the new debts resulting from credit card usage.

Many people think of bankruptcy court as the final stop on a path to financial ruin, the only option left when repaying debts seems impossible.

A credit report is a detailed record of your financial history (like your ability to repay debt on time) and public records.

If you can not repay debts on time and make other important financial decisions responsibly, it is likely the company will think you can not manage their finances well either.

Never repaying debts in the aggregate ought to be part of the underlying assumption in financial accounting which bottoms on the fact that most corporations are going concerns with perpetual lives.

Consumer Financial Protection Bureau (CFPB)-- Provides help for making informed financial decisions about paying for college, such as how to compare financial aid offers, choosing a loan, managing money, and repayFinancial Protection Bureau (CFPB)-- Provides help for making informed financial decisions about paying for college, such as how to compare financial aid offers, choosing a loan, managing money, and repayfinancial decisions about paying for college, such as how to compare financial aid offers, choosing a loan, managing money, and repayfinancial aid offers, choosing a loan, managing money, and repaying debt.

The financial institution is simply trusting one's ability to repay debt.

It's better to establish a clear understanding of when and how the loan must be repaid, rather than risk damaging your relationship in the long run with an unpaid debt — or enabling irresponsible financial behavior from your child.

Some key misperceptions remain and the lending industry as a whole needs to stress to consumers to become more educated about their credit history and what they can do to improve it: ► Fewer than half (44 percent) understand that a credit score typically measures risk of not repaying loans rather than amount of debt (22 percent), financial resources (21 percent), or other factors.

This shows that you are not only responsible, but it makes it unlikely that an emergency or minor financial setback could derail your finances and prevent you from being able to repay your debts.

If your child is responsible, adding your credit history and financial strength to the application can help him or her get ahead on repaying the debt.

Also, there is no need to prove difficulty in repaying college debt in order to secure the loan — as is the case when seeking financial aid from federal sources.

For instance, customer service teams will be trained to specifically handle graduates in critical financial debt who struggle to repay loans.

«Since insolvents are unable to repay debt, they are subject to collection actions and financial judgments and have difficulties obtaining unsecured credit,» she said.

Assists users of financial statements in evaluating the company's ability to generate cash internally, repay debts, reinvest and pay dividends to shareholders.

Typically, the lender will ask for past tax returns, pay stubs, proof of assets, list of debts and other financial documents, which are used to determine your ability to repay.