The Reset Loan is a student loan refinancing option to help borrowers who are currently
repaying high interest rates on their loan (s) or who are repaying multiple lenders each month.
Not exact matches
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.
Mr Cable said he warmed to Browne's recommendation that
higher earners pay a real
interest rate on their tuition fee
loans and no graduate should begin to start
repaying until they earn # 21,000 (the current threshold is # 15,000).
Unsecured
loans do come with a hefty
interest rate, but if you
repay on time, the
high rate will be more bearable than not having the cash you need.
This is important because failing to
repay your tax refund anticipation
loan on time can lead to
high interest rates, late fees, and even more debt.
Notice from Lender: A motor vehicle title lender is required to provide you with a clear and conspicuous printed notice advising you that a motor vehicle title
loan is not intended to meet your long - term nancial needs, that the
interest rate on a motor vehicle title
loan is
high, and that if you fail to
repay your
loan in accordance with your
loan agreement, the motor vehicle title lender may repossess and sell your motor vehicle.
Also, compare terms and conditions, such as the consequences for late repayment if you suspect you won't be able to
repay the
loan on time, as the money you lose to a
higher interest rate may be made up for with fewer charges for late repayment or overdraft fees.
This is important because failing to
repay your Quick Cash To Go
loan on time can lead to
high interest rates, late fees, and even more debt.
You may pay a
higher interest rate, but
repaying the
loan on time without any late payments will result in positive reporting to the bureaus - in turn, getting you a better
rate on your next car purchase.
But if you can afford
higher monthly payments a 15 - year fixed -
rate mortgage allows you to
repay your
loan twice as faster and save more than half the total
interest costs of a 30 - year
loan, as illustrated
on our graph:
This is what you can get by applying with us: promotional
interest rates (the lowest
on the market), specially flexible repayment so you can
repay your
loan without worrying about making sacrifices to afford the monthly installments, significantly
higher loan amounts so you can afford anything you need and many other benefits just by being a homeowner!
Referring to qualified mortgage rules that instruct lenders to assess an individual's ability to
repay using the
highest interest rate a
loan could reach in a five - year period, the commenter recommended that we likewise calculate the annual
loan payment based
on the
highest interest rate during the six - year period.
In another case recently — a distressing case of a widow in her nineties, whose husband borrowed a modest amount
on the security of their home
on terms that
interest would roll up, being told she now has to
repay the
loan which has grown to be more than the value of the house; but the solicitor had built his case
on the
interest rate being
higher than the Bank of England base
rate and I had to tell him that this was permissible (and any lender would need to charge a margin).