Sentences with phrase «ultimately default on your loan»
If you neglect to make the payments, and ultimately default on your loan, you are likely going to lose whatever you used as collateral, which will likely have been your home.
https://www.choicepersonalloans.com/ Not exact matches
Ultimately, if you're struggling with your current payments or are at risk of defaulting and still have several years left on your loans, debt consolidation might be a good idea.
They may also be lumbered with a property that they can not afford to repay, and this will ultimately result in a default on the mortgage loan and the repossession of the property.
Singh ultimately defaulted on both the NDH loans — and two earlier, town - backed loans — leaving the town vulnerable to paying back the lenders.
Singh defaulted on the loans that ultimately were owned to Connecticut - based The Phoenix Companies.
I earn minimum wage and have almost $ 10K in student loans, plus about the same in credit card debt which came from pulling cash to make student loan payments (in an ultimately futile attempt to avoid default on the student loans) and a business startup which ultimately failed due to an extended illness and ospitalization.
That may be true, but they also typically don't default on their loans, live beyond their means, and ultimately require a bailout to stay solvent.
The lenders do this in order to remove the danger of a defaulted loan; in other words, they pass on the risk of these mortgages to the insurance provider, who is ultimately funded by the government (who gets much of their money from us, the taxpayers).