Sentences with phrase «to meet repayments»

Consumer credit insurance provides some cover if you can't meet the repayments on your credit contract or loan because you lose your job, you are sick or injured, or you die.
This can create a major headache in terms of meeting repayments on the agreed due dates.
It may seem foolish for lenders to have such faith in anyone with a poor history of meeting repayment schedules, but lenders can never be described as foolish.
Your credit background will be analyzed to determine your ability to meet the repayment obligations as they become due.
Either way, you need to make larger payments than the minimum to meet the repayment terms once the draw period ends.
The borrowers must meet this repayment schedule whether they have profits or not.
Use this calculator to see what it will take to payoff your line of credit, and what you can change to meet your repayment goals.
Not meeting the repayment requirements will result in a default of the loan.
It is not a matter of credit history, but a matter of being able to meet repayments comfortably now.
In case of the death of the borrower, the proceeds of this cover help his family meet his repayment commitments.
So, any little emergency payment will make them unable to meet the repayment amount.
It is no different when seeking personal loans with bad credit, with the need to prove the ability to meet repayments even more acute.
The program will provide recipients with a loan to help meet repayment of law school loans.
They may also be able to address the specific problem of meeting repayments under the current debt management program, and convince creditors to accept a change.
If you only want to borrow a small amount and you can meet the repayments out of your usual income, an unsecured loan may be cheaper than an equity release scheme.
Credit Payment History (determines 35 percent of your score): A potential lender or creditor wants to know how you've met your repayment responsibilities in the past.
As milk prices have been forced down, many farmers have had to borrow against the equity of their farms, but often without sufficient income to meet their repayment obligations.
Consumer credit insurance covers you if you can't meet the repayments on your credit contract or loan because you are out of work, sick or injured.
The credit score is dependent on meeting repayments on time, and clearing a debt completely results in the score being increased.
Find out what it will take to pay off your credit card balance and what you can do to meet your repayment goals.
Borrowers must meet the repayment terms they have agreed to.
Unfortunately, students also find it hard to meet repayment schedules because of their limited income.
What this means is that applicants seeking a personal loan with bad credit have to show they are in full - time employment and earn enough each month to meet the repayments comfortably.
In any case, the terms of any home loan are such that only those who can prove affordability, not boast a good credit history, can be trusted to meet repayments without a hitch.
We undertake a number of credit checks to ensure the suitability of our candidates and we'll only approve a loan if we're confident you can meet the repayments promptly.
«Dismissal» means you have failed to meet the repayment guidelines in some way.
Our service may be one answer to the question of how to make quick money, but that doesn't mean we don't take the time to ensure we're lending to the right people who can afford to use our service and meet repayments responsibly.
Another criticism of the industry is that payday loan companies loop you into financial disguise by offering short - term loans with high - interest rates and if you are unable to meet the repayment deadlines, then you will be charged additional finance charges and additional interest.
As the Financial Times reports, the Universities Minister Jo Johnson says «While the vast majority of borrowers meet their repayment obligations, it is in the interests of fairness to hard - working taxpayers to be tougher on those who abuse the system, which is why we are cracking down».
Federal student loans come with a series of safety nets, and worst - case scenario fallback options if graduates can not meet their repayment terms.
Should you fail to meet your repayment obligations, then the lender would have to take legal action against you in order to confiscate your property, or to otherwise obtain payment from you.
Use this calculator to see what it will take to payoff your credit card balance, and what you can change to meet your repayment goals.
If you fail to meet the repayment commitments, we may be compelled to repossess the car, and that can potentially add to your woes.
Foreclosure — the legal process by which a bank or lender sells a property after a borrower fails to meet the repayment terms of the loan.
Consumer credit insurance (CCI), also known as loan protection or repayment cover, provides some cover if you can't meet the repayments on your loan if you lose your job, are sick, injured or die.
But, if the repayment terms are not good then the cost for the borrower can be exorbitant, pressure to meet repayment schedules can be high, and in the end the loan may be defaulted on.
Cocoa farms were neglected and budgeted production could not be achieved to meet repayment of contracted loans and advances with cocoa sales proceeds.
Also required is a large enough income to be able to meet the repayments each month.
It is therefore, important that you inform us of your hardship circumstances by logging into your account as soon as you realise that you can not meet the repayment.
It is practically impossible to get fast approvals when such things have to be calculated and checked, but once the interest rate is decided, it is easy to see whether the applicant can afford to meet the repayments.
This means, should you fail to meet your repayments, the lender could repossess your home — the most common type of secured loan is a mortgage.
But more important than the income being earned is the amount of excess income there is to meet the repayments.
Whatever you do, make sure you meet the repayment conditions specified in your loan contract.
However, the companies can give you flexible terms to help you to meet your repayments.
Proving a comfortable ability to meet repayments is the best way to do so.
Basically, if the applicant has a good source of income, and can afford to meet the repayments, there is no reason to turn the application down.
This means that the applicant must be in full - time employment, and that they have adequate excess income to meet the repayments.
There are several reasons as to why somebody may be unable to meet the repayments on their student loans.
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