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.
You may
repay money borrowed for purchasing a primary home beyond five years.
When it comes to your mortgage, you're signing on to a long - term commitment to
repay money borrowed.
It must be repaid, just as you must
repay any money you borrow.
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.
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.
The risk of course is destroying personal relationships if you are unable to
repay the money borrowed.
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.
Used my tax refund to
repay the money I borrowed to max out the spousal RRSP contribution I made for my wife.
Three federal programs enable students to
repay money borrowed for education based on a sliding income scale.
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.
A bank makes money when
you repay them the money you borrowed from them (plus interest).
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.