Sentences with phrase «repay money borrowed»

A bank makes money when you repay them the money you borrowed from them (plus interest).

Three federal programs enable students to repay money borrowed for education based on a sliding income scale.

Used my tax refund to repay the money I borrowed to max out the spousal RRSP contribution I made for my wife.

The risk of course is destroying personal relationships if you are unable to repay the money borrowed.

But another option, which may be better, is to withdraw money tax free from your RRSP under the governments life - long learning program and then repay the money borrowed from your RRSP at a later date.

When it comes to your mortgage, you're signing on to a long - term commitment to repay money borrowed.

You may repay money borrowed for purchasing a primary home beyond five years.

And if you're able to repay the money borrowed in the following month, that's another good sign.

Online lending provides more adaptability and flexibility than traditional banks, but you should still provide solid business records that confirm your company is viable and can repay the money you borrow.

A credit score is a three - digit indication to potential lenders of your ability to repay money you borrow.

Personally I would not rely on the investment returns to repay the money you borrow.

Prior to the meeting The Journal News summarized Day's challenge in his first official budget as being the provision of «enough money for daily operations while also addressing ongoing issues, including repaying money borrowed to attack the deficit.

The credit score helps a lender predict how likely it is that an individual will repay the money they borrow.

You don't have to repay the money you borrow as long as you remain in and maintain your house.

It must be repaid, just as you must repay any money you borrow.

According to FICO, your credit score is determined by a variety of factors that predict how likely you are to repay the money you borrow.

If you fail to repay the money you borrow, though, the financial institution may use the deposit to recover the unpaid portion of the loan.

When you use a secured credit card, your deposit acts as collateral to guarantee that you'll repay any money you borrow.

All a credit score really amounts to is a quick set of digits that translates your credit history into a numerical ranking of the likelihood that you'll be able to repay the money you borrow from a bank, credit union or credit card issuer.

The Brattleboro Area Affordable Housing group figures that if gross rent will recover the out - of - pocket costs in less than five years, an apartment is worth considering, especially if the owners can apply the rent to property taxes and insurance rather than repaying money borrowed for the work.

Not exact matches

If you borrow money and can't repay it, your personal assets are at stake.

Alternatively, the trust can borrow money to buy shares, with the company repaying the loan by making contributions to the trust.

A $ 23 - million construction - equipment and - supply company, Albany Ladder specializes in serving carpenters, roofers, and small - time contractors who've never borrowed money from a bank — much less established a history of responsibly repaying it.

For the latter, the money you spend is not yours; it's borrowed and must be repaid.

A federal student loan is borrowed money you must repay with interest.

Again, signing the loan when you borrowed the money put you in a legally binding agreement in which you promised to repay your balance.

Debt is money that you borrow to run your business, which must be repaid in full, usually in installment payments with interest.

If you borrowed money to pay for graduate school, you have 25 years to repay the debt.

If a person wants to borrow money to buy a car, Company X gives that person the cash, and the person is obligated to repay the loan with a certain amount of interest.

A debt security is a security that represents money borrowed that must be repaid, with terms that define the amount borrowed, interest rate, and maturity / renewal date; it may be secured or unsecured.

However, your monthly payments will be higher because you have half as much time to repay the same amount of borrowed money.

Credit reports and scores show how a person has borrowed and repaid money in the past.

Because the investor does not have to borrow money to buy the real estate, there is no debt to repay.

When you apply for a mortgage loan, the lender will review your credit reports and scores to see how you have borrowed and repaid money in the past.

Credit scores are three - digit numbers that basically show how you have borrowed and repaid money in the past.

Essentially, it «rates» you on how well you have borrowed and repaid money in the past.

The part about debt that is conveniently overlooked by economists is that borrowed money behaves like printed money until it has to be repaid.

Banks and lenders use these three - digit numbers to get a feel for how a person has borrowed and repaid money in the past.

So you can bet they will be scrutinizing borrowers» credit profiles to see how they have borrowed and repaid money in the past.

In other words, Quebec and federal taxpayers are being asked to pony up to protect the financial well - being of the family, which, incidentally, received approximately $ 150 million in dividend payments from Bombardier over the last decade, even as the company has yet to repay all the money its borrowed from the federal government in the past.

NFPs are generally free to borrow money and repay principal and interest to lenders.

You should know how much it will cost you to borrow this money (i.e., how much you will repay in total — what's known as the total cost of capital), when you will repay and whether the loan is amortized or not.

If you lose your investment, borrowed money still needs to be repaid.

Credit reports and scores offer some insight into how a person has borrowed and repaid money in the past.

«They borrow the money for one to three months and another woman is able to get a loan after the first one repays it in full.»

Everyone from the lowliest service worker to the CEO of a corporation or bank with billions in assets thinks borrowed money is «free» and never has to be repaid.

I've read that in ancient Babylon, men could borrow money by offering their wife and children as collateral - to be sold into slavery if the debt wasn't repaid.

«Furthermore, the Paris Club refund was not borrowed money but an over-deduction from states» repayments of a loan which the Federal Government is repaying to states that were erroneously debited.»

The state borrowed the money through public authorities to be repaid over decades.

In other words, it borrows money from depositors over the short term, promising to repay it on demand, while it lends most of that money out over the long term to borrowers, for instance in the form of 30 - year mortgages.