Sentences with phrase «repaying loans taken out»

You still are responsible for repaying loans taken out to finance your education at your closed school.

Not exact matches

In the village of Tangshan in August 2015, Zhang's sister, Zhang Guiling, was struggling to repay loans she had taken out to invest.

I wouldn't have taken out a loan with high interest without knowing that I can repay it, because if you're paying that interest rate for six years, yes, it's ridiculous.

Loans take longer to repay: Since you're paying less each month, it will take longer than the typical 10 years on the Standard Repayment Plan to get out of student debt.

in fact, consolidation means taking out another loan, repaying the original loans with the new borrowed funds, and starting a new payment plan with the new loan.

They find themselves having to repay the mortgages and the bank loans they took out in times past.

Under a REPAYE plan, you have 20 years to repay your loans if you took them out to pay for an undergraduate program.

You can take out a second loan while still repaying your first if you have a record that proves you can make on - time payments.

IIf you fail to repay a private student loan in default, it can severely damage your credit record and your credit score, making it difficult or more expensive to take out a mortgage, buy a car or even get a credit card.

Parents who take out PLUS loans can consolidate them in a Direct Consolidation Loan and then repay the new consolidation loan under an Income Contingent Repayment (ICR) pLoan and then repay the new consolidation loan under an Income Contingent Repayment (ICR) ploan under an Income Contingent Repayment (ICR) plan.

That means the loan term is 30 years and it will take you 30 years to repay it, unless you refinance or you prepay your mortgage and knock out the debt in a shorter time.

While parents are legally responsible for student loans they take out or cosign, many families have informal agreements about who is responsible for repaying student loans.

It's not uncommon for parents to take out student loans for parents or cosign student loans a child agrees to repay.

When you take out a car title loan, the lender will put a lien against your vehicle, meaning that if you are unable to repay the loan, the lender can repossess your vehicle to collect on the debt.

You can also take out a second loan once the first one is repaid.

When you take out a debt consolidation loan, your debts will still be marked as paid as agreed, which shouldn't affect your ability to get additional credit if you need to take out a car loan or mortgage while you're repaying your debt consolidation loan.

With refinancing, you work with a private lender to take out a new loan to repay some or all of your current debt.

To take out another loan with OnDeck, you must have repaid at least half of the balance of your existing loan, and you can not have any delinquent payment history with the lender.

It said it was also false that a fresh N25 billion loan was applied for; saying that; «the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.»

Schneiderman's complaint says that as a result, the securities were bundled with mortgages taken out by many who could not repay their loans.

«New Yorkers do not support providing free college tuition to people who are here illegally while hardworking middle - class families scrimp and save, and take out massive college loans that will take them years to repay,» Skelos spokesman Scott Reif said in a statement.

«Like most New Yorkers, he doesn't believe taxpayers should cover the cost of free college tuition for illegal immigrants while hardworking, middle - class families here legally take out student loans that will take them years to repay,» a spokesman for Mr. Skelos, Scott Reif, said.

«The only fresh loan taken by the government of Fayose was the N10bn grant from the Excess Crude Account, which was released to all states for capital projects, N2.8 bn requested from the Wema Bank to pay the State Universal Basic Education Board counterpart fund out of which N1bn has been accessed and N600m for MDGs counterpart fund, which has been repaid.»

It is a new rule that would stop the flow of federal financial aid to schools whose graduates aren't making enough money to repay the student loans they took out to earn their degrees.

«At that age, you don't want to take out loans that you have to repay.»

The first thing to always remember is that each time you use a credit card you are really taking out a loan a loan that needs to be repaid.

Whether you have taken out federal or private loans for your education, you'll be expected to repay the loan on time - and with interest.

The most popular choice to consolidate credit card debt is by taking out a single loan to pay off all your credit card debt and then repay the new loan.

You will need to repay any federal loans that you take out for graduate school.

Taking out an installment loan can help consumer build their credit scores in multiple ways — provided they borrow a small amount and repay the lender on time.

You've never had a credit card, taken out a car loan, mortgage or borrowed money for college, or repaid a balance on any type of credit - based account.

Nothing seems worse at a time when you owe thousands of dollars in debt and you have taken out loans to repay all your creditors.

Most student loan borrowers opt to take out federal student loans, which have fixed interest rates and don't have to be repaid until a few months after graduation.

Bad communication occurs when students take out their loans, but it also occurs later when students try to repay their loans.

Finally, if you have bad credit it's important to note that taking out an installment loan could also help you improve your credit score if you repay your loan on time, since they report your payments to credit bureaus.

Some lenders have given multiple payday loans to the same people making them dependent on taking out a new payday loan each month in order to repay the high APR due on previous loans.

The advantages of taking out a secured bad credit personal loan as compared to not pledging collateral (as is the case with an unsecured bad credit personal loan) is that you will pay much less interest, fewer fees, and be given a longer time to repay your bad credit personal loan lender, with smaller monthly payments than if you pledged no collateral.

He has encouraged students taking out loans to choose colleges and majors based upon the student's individual financial situation and to make choices that will allow him or her to more easily repay loans later.

The trouble with student loans is that the universities and colleges will typically never say no to your borrowing, and so you can take out as much as you want — even if you will have no hope of ever repaying the loans.

Lastly, it's true that you can take out loans from your own tax - advantaged accounts and repay them over time, but beware of this strategy.

You should ideally be taking out about $ 5,000 in loans — something that would be manageable to repay within 10 years of graduation.

But Bob now has every incentive to repay it as fast as he can - or even to refinance by taking out another loan at, say, 2 %, and using the proceeds to repay the entire principal to Alice.

Whether you take out a loan for 3 months, at wizzcash.com there is no early repayment fee should you wish to repay your loan at any time.

Your best chance to start getting back on an even financial keel is to take out a loan small enough that you can repay it pretty easily.

It is best to take out a holiday loan for a term of only 12 months, although you may be offered the option to take longer to repay.

If your monthly payments have been high and it's been difficult to make ends meet, taking out a second mortgage loan is actually a great way of lowering monthly payments and interest rates, in the long run making it easier to repay the mortgage.

But the credit score can be improved, through either getting the scores reviewed or taking out some loans and repaying them off quickly.

You should assume when you take out a student loan that you will have to repay it at some point.

For example, based on the recent HUD ruling, someone who marries a reverse mortgage borrower after he or she has taken out the loan or a child of the borrower who had been living in the home would not be entitled to stay on without repaying the loan.

If you choose to take out an installment loan, you must repay the money through monthly payments.