Sentences with phrase «scheduled repayments»

The balance of a loan is reduced via scheduled repayments of the principal and by any repayments ahead of schedule.
Short term financing is referred to as an operating loan or short term loan because scheduled repayment takes place in less than one year.
Short term financing is referred to as an operating loan or short term loan because scheduled repayment takes place in less than one year.
Default probability is the likelihood over a specified period, usually one year, that a borrower will not be able to make scheduled repayments.
Repayment Schedule The repayment schedule discloses the monthly payment, interest rate, total repayment obligation, payment due dates and the term of the loan.
With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.
And, even in the case of principal - and - interest loans, investors don't have the same incentives as owner - occupiers to get ahead of their scheduled repayments.
A loan that has regular, scheduled repayments that go toward paying both the loan's interest and principal.
Because ROBS is not a loan, there are no scheduled repayments to make and no amortization schedule to follow.
There is a one - off # 15 default charge for missing a scheduled repayment, and the 0.80 % interest will continue to be added onto the balance daily, until the balance is cleared.
With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.
With regards to fees, there is a one - off # 15 default charge for missing the scheduled repayment on a 3 month loan and the daily interest of [daily - interest] keeps accruing until the balance has been cleared.
Each debt included in your debt management plan will be marked as part of a scheduled repayment plan.
A personal loan to help pay for household goods, unexpected expenses or any personal need with a scheduled repayment term.
Perhaps it would be wiser to just carry on with the scheduled repayment program.
And when it comes time to repay your loan, sometimes you can even improve your credit because as a customer you actually can't be late on a payment — when you sign for your loan, you'll confirm your agreement for the scheduled repayment dates, and the loan re-payments are automatically drafted from the same bank account that you used to receive the funding at the beginning of the loan.
We will even take your loan payment straight out of your bank account so that you won't have to worry about late fees from missed payments or making a special trip into town in order to make your scheduled repayments.
A loan that has regular, scheduled repayments that go toward paying both the loan's interest and principal.
A «student debtor» refers to a household owing outstanding education - related installment debt and includes loans that are currently in deferment as well as loans in their scheduled repayment period.
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