Sentences with phrase «repaying money lent»

Credit scores exist so lenders can estimate your likelihood of repaying money lent to you.
Credit scores exist so lenders can estimate your likelihood of repaying money lent to you.
Believe or not, creditors want to be repaid the monies they lent you, even if it's pennies on the dollar.
But remind them that a real lender or bank won't be as forgiving if you refuse to repay the money they lend you.

Not exact matches

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.
Crowdfunding debt is when a group of people or businesses lend money to an individual or company with the understanding that the loan will be repaid with interest.
Here he's trying to say that the Daniels payment was different from campaign expenses — but he also admits that Cohen lent the campaign money in the form of expenses that Trump later repaid.
Its goal was to lend money to governments or to government - supported institutions for projects that would be sufficiently profitable that the loan could be repaid and the national economy enriched.
When governments are unable to repay, the IMF lends them money by which the repayments can be made.
This means that banks can lend governments money with little fear that they will not be repaid.
Government also emphasised that the proposed N20b bond was a strong indication that the state economy was robust as no bank will lend money without demonstration of proven capacity to repay.
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.
No prudent bank is going to lend money to a landlord who isn't legally allowed to collect enough rents to repay it.
It was they who lent American house buyers more money than they could hope to repay, and sold on the risk in ever more complex, opaque packages, rewarding themselves handsomely in the process.
This will help them understand your ability to repay and decide whether to lend you money.
It's risky to lend to a «first - timer»; a person who has never had a credit card to his name, or repaid a car loan, or borrowed money for an education.
Most lenders do not want to lend the money without a security pledge because they are taking a risk by lending to someone with bad credit, and they want to make sure they get repaid.
It sends the message that you're a lending risk; that you can't be trusted to repay someone else's money without defaulting, and that's a chance most lenders aren't willing to take.
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.
@TheEnvironmentalist: think of the other side of this proposal: would you lend money to someone you've just met without a demonstrated ability to repay?
In fact, once news reports started circulating the globe that the entire world was in an economic recession, there was a plethora of people who rushed to their lending institutions and borrowed massive amounts of money that they are now having a difficult time repaying.
If you are dealing with someone who is serious about responsible lending practices, they will take some time to review your bank statements, incomes and make an approval decision depending on your propensity to repay the money without imposing an unnecessary burden.
While they make steps to minimize the risks by verifying the ability of the borrower to repay the loan, they do grant loans to bad credit borrowers, as they make most money from sub-prime lending portfolios, since bad credit personal loans have higher interest rates and fees.
Additionally, if you don't repay the loan according to the agreed terms, then you risk damaging your relationship with the person lending the money, which may not make this type of loan worth it for your situation.
If you have a high credit score, you are more likely to repay any money you are lent.
This for - profit service involves the bank lending a sum of money to a customer and then charging interest as the loaned amount is repaid back to the institution.
Lenders will use a credit report and any collateral (property you own) in evaluating your capacity to repay and making decisions to lend you money.
Carbucks lends money based on the value of your vehicle and your ability to repay.
This matters because when anyone lends you money — be it on a credit card or student loan — the lender is worried that you might not repay them.
DO N'T repay loans to friends, relatives or business associates who have lent you money.
The VA does not actually lend people money; it guarantees reimbursement to VA mortgage lenders if the borrower fails to repay a VA home loan.
If we want to stem this crisis, what do you say we start to focus on controlling lending for school based on the ability to repay instead of lending with near abandon and then calling the borrower a sucker for taking the money.
If you lend money to anyone regardless of their ability to repay it, you end up with enormous price distortions on that market.
In effect, they involve lending money to governments or corporations, who then pay interest on the loan until it is repaid.
If you intend to repay, one way is to treat yourself as an «employee» and the financial entity then lends this employee the money.
When you invest in bonds, you are essentially lending money to the bond issuer, who promises to pay you interest — called the Coupon — and repay the principal by a set date — when the bond reaches maturity.
The Hebrew Bible and Hammurabi's code include prohibitions against certain kinds of money lending and punishments for failure to repay debts, including indentured servitude.
Unlike loan agreements, which can contain complex payment terms, promissory notes are more like paper trails that document that one person has lent another money and that the borrower agrees to repay the money within a certain amount of time, either in a lump sum or in installments.
Let's put it another way, who would you prefer to lend to: a) That affable, but somewhat dodgy, guy you met down the pub recently who'll definitely have plenty of money to repay you, if you ever see him again!
Second mortgages are characterized by a fixed amount of money lent with that amount having to be repaid in equal payments over a fixed period.
What you need to do is prove to the lending officer that you have a reliable source of money from which you can repay your home loan.
Financial institutions are willing to lend money to people they can trust that will repay their loans.
According to an audit completed by the Department of Education's Office of Inspector General, the amount of money the government is lending could soon outpace the amount that is being repaid.
No one will be ready to lend money while you are left with nothing to repay.
What I don't get is why a broker would want to lend me more money than what I have in my investment account to let me do the trading... a bank doesn't lend you money if it hasn't made sure that you can repay your debt in full (plus interests).
A «loan shark» is someone who lends you money at 50 % interest and breaks your legs if you don't repay.
how the scheme goes about lending money in general and its policy on lending (for example, how the scheme assesses the borrower's capacity to repay the loan and how often security properties are revalued)
That's like assuming a bank wouldn't lend you more money than you could afford to repay... and we've seen where that's gotten us.
Although sovereign debt will always involve default risk, lending money to a national government in the country's own currency is referred to as a risk - free investment because with limits, the debt can be repaid by the borrowing government by raising their taxes, reducing spending, or simply printing more money.
These requirements help the lending companies make sure that you will be able repay the payday loan with the money that you earn.
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