Sentences with phrase «scheduled payments to your creditors»

Late payments — either the company failed to make scheduled payments to your creditors or you failed to make payments to the company — are a big problem.

If either you or the company failed to make scheduled payments to your creditors contact your creditors and explained what happened.

Not exact matches

If you can't afford to make the full payment due, contact the creditor and try to negotiate an alternative payment schedule.

Once they receive your monthly deposit they will then pay your credit card bills and other unsecured debts according to payment schedules they've worked out with you and your creditors.

They pay credit card bills, medical bills, or other unsecured debts according to a payment schedule they've worked out with you and your creditors.

Debt negotiation implies agreeing with the debtor's creditors new repayment programs with debt reductions, interest rate reductions and extensions on the repayment schedules so as to ease the situation of the debtor by providing lower monthly payments he will be able to afford.

Once you accept the terms of your debt repayment plan, you make scheduled payments to your credit counseling agency and they distribute payments to your creditors after deducting their fee.

Then, contact your creditors to work out a payment schedule.

You and the creditor have to agree on the final terms that include monthly payment, fees involved and how long the payment schedule will run before the debt is eliminated.

He or she will work with your creditors to negotiate interest rates and to come up with a payment schedule, which you will review and approve before beginning the plan.

In turn, the organization will distribute the money to your creditors according to the agreed - upon payment schedule.

Those who enroll make monthly deposits with a credit counseling organization, which then is used to pay the debts according to a predetermined payment schedule developed by the counselor and creditors.

The opitons include making payments as requried by the creditors in question, negotitating directly with the creditors to find a reasonable schedule for repayment, a consolidation loan, credit counselling, a consumer proposal, or even the filing of a bankruptcy.

It's also possible that the interest rate on such a loan won't be lower than what you're already paying - in which case any reduction in your monthly payments would have to come from arranging a longer repayment schedule than you have with your current creditors.

Since you have already sent in your minimum payments (on time) to all creditors, and you have already sent your scheduled (and budgeted for) extra payment, any of these options is available to you.

The plan must include fixed payments on a regular schedule — typically biweekly or monthly — paid to the trustee who then distributes the funds to creditors according to the plan's terms.

The organization uses your deposits to pay your unsecured debts, like student loans, credit card bills and medical bills, according to a payment schedule the counselor develops with your creditors and you.

In a DMP, you deposit money each month with the credit counseling organization, which uses your deposits to pay your unsecured debts, like your credit card bills, student loans, and medical bills, according to a payment schedule the counselor develops with you and your creditors.

You may be able to head off potential problems with debt collectors by communicating with your creditor (or landlord, doctor's office, utility company, etc.) if you're struggling to make payments on schedule.

(a) When a scheduled payment in a consumer credit transaction is in default 10 days or more, the creditor may charge and collect a late charge not exceeding the greater of ten dollars ($ 10) or five percent of the amount of the scheduled payment in default, not to exceed one hundred dollars ($ 100).

For example, one option might be our Debt Consolidation Program, where your counsellor negotiates with your creditors on your behalf to waive the interest on your debt and work out a payment schedule that makes sense for you, your budget, and your monthly bills.

So in order to keep your house or your car, you will have to make the payments, as scheduled to you secured creditors.

(b) With respect to the deferral of one or more wholly unpaid scheduled payments in a consumer credit transaction, in which the finance charge was determined by the precomputed method, the creditor may collect, by agreement with the debtor either before or after default, an additional charge for each full month that any wholly unpaid scheduled payments are outstanding after the due date of each scheduled payment equal to that proportion of the finance charge which the amount of the deferred monthly scheduled payment bears to the sum of all monthly balances originally scheduled.

Since your creditors agree to the adjusted payment schedule, you build positive credit history on all your accounts as you make payments.

Some creditors will even split the payment to correspond to your pay schedule.

121 (1) Subject to subsections (3) and (4), where a person obtains an order to enforce an obligation in a foreign currency, the order shall require payment of an amount in Canadian currency sufficient to purchase the amount of the obligation in the foreign currency at a bank in Ontario listed in Schedule I to the Bank Act (Canada) at the close of business on the first day on which the bank quotes a Canadian dollar rate for purchase of the foreign currency before the day payment of the obligation is received by the creditor.

If scheduled variations in regular periodic payment amounts occur that are not caused by changes to the interest rate during the loan term, the creditor shall disclose that the loan product has a «Step Payment» fpayment amounts occur that are not caused by changes to the interest rate during the loan term, the creditor shall disclose that the loan product has a «Step Payment» fPayment» feature.

Section 1026.38 (o)(1) requires creditors to disclose on the Closing Disclosure the term «Total of Payments,» and the statement that the disclosure is the «total you will have paid after you make all payments of principal, interest, mortgage insurance, and loan costs, as scheduledPayments,» and the statement that the disclosure is the «total you will have paid after you make all payments of principal, interest, mortgage insurance, and loan costs, as scheduledpayments of principal, interest, mortgage insurance, and loan costs, as scheduled.»

A creditor must disclose an interest rate and payment summary table for certain transactions secured by a dwelling, pursuant to § 1026.18 (s), instead of the general payment schedule required by § 1026.18 (g) or the projected payments table required by § § 1026.37 (c) and 1026.38 (c).

A creditor must disclose a projected payments table for certain transactions secured by real property, pursuant to § § 1026.37 (c) and 1026.38 (c), instead of the general payment schedule required by § 1026.18 (g) or the interest rate and payments summary table required by § 1026.18 (s).