Sentences with phrase «was eligible for loans of»

Now, if you do not have any other major debts to clear such as a personal loan or an auto loan to worry about and your take home salary is Rs. 55,000 you may be feeling glad about the fact that you are eligible for a loan of up to Rs. 33 lakhs (Rs. 55,000 x 60).

Not exact matches

Secondly, if your small businesses or nonprofit is located in a declared disaster area and you have lost money as a result of a disaster — even if you did not sustain physical damage — you could be eligible for an Economic Injury Disaster Loan.

Your business is eligible for loans to get physical structures back to pre-storm condition and for loans to help a business owner survive through revenue lost as a result of a storm.

Any small business that posted average annual sales over the previous three years of $ 5 million or less and employs 100 or few individuals (including all owners, partners, and principals) is eligible to apply for a Low Documentation Loan.

Take advantage of Public Service Loan Forgiveness: If you're eligible for Public Service Loan Forgiveness, enrolling in Income - Based Repayment or a similar income - driven plan can lower payments and help you maximize the benefits of this program.

Nearly all federal student loans are eligible for consolidation, and borrowers do not have to provide evidence of a strong credit history to qualify.

During times of economic hardship, you may be eligible for an economic deferment for your federal loans.

Borrowers who believe they are eligible for teacher loan forgiveness may submit an application directly to their student loan servicer after the five years of consecutive, qualifying employment is complete.

Credit scores are another key indicator of the kind of home loan that a person is eligible for.

IOU Financial clients are eligible to apply for loan renewal once 40 % of the loan principle has repaid.

At this time, only federal direct loans are eligible for PSLF, but a consolidation of other types of loans may indirectly provide loan forgiveness to some qualified borrowers.

Because a small business loan is considered a higher - risk loan, to reduce that risk to the lender, the SBA will frequently guarantee 50 % to 85 % of an eligible loan (within their 7 (a) loan program, for example).

If you operate a small business in the United States or any of its territories, have some capital of your own to invest in your business, and are current with all debt payments to the U.S. government (including your income taxes), you may be eligible for an SBA loan — unless your business falls into one of the ineligible businesses identified by the SBA:

If you work as a federal employee such as a teacher, or for a nonprofit, you may not want to refinance your federal loans since these occupations are more likely to be eligible for loan forgiveness after making regular payments for a set number of years.

That means you'll no longer be eligible to receive any of the benefits that come with a federal loan; that can spell an inflexible repayment structure for many borrowers.

Secretary of Education Betsy DeVos issued a statement saying that it is important to identify disabled veterans who may be eligible for loan forgiveness.

If you work full - time for a non-profit or for the government, you may be eligible for the Public Service Loan Forgiveness (PSLF) program, which forgives your remaining balance after as little as ten years of qualifying payments made under any IDR plan.

To make the most of your student loan tax credits and deductions, be sure to claim any tuition credits you are eligible for while still in school.

Unfortunately, if you're already out of school, you aren't eligible for either of these credits even if you took out student loans to pay for education.

Such a business may be eligible for a small business loan of up to $ 100,000 which may be used as working capital, for marketing and start - up expenses, to acquire fixed assets or to buy a franchise.

To be eligible for a Payoff loan, you will need a minimum FICO credit score of 660 and a debt - to - income ratio of 50 % or less.

To be eligible for a Prosper loan, borrowers need credit scores of at least 640, verifiable annual income, a debt - to - income ratio under 50 % and three current credit accounts in good standing.

Only certain types of student loans are eligible for income - driven repayment plans and the interest subsidy.

Based on this process, a student may be eligible for one of Ascent's cosigned or non-cosigned student loans, at either a fixed or variable interest rate.

In addition, certain borrowers may be eligible for a short term suspension of their loan payments, using either a deference or forbearance.

Thanks to a law passed all the way back in 1913 (and amended in 1986), most of the interest paid on home mortgage loans is eligible for the mortgage interest deduction.

Once borrowers understand the types of student loans available, the repayment plans they are eligible for, and the recourse they have when life's circumstances make repayment a challenge, there are steps one can take to pay off student loans at a faster rate.

If you consolidate parent PLUS loans with other direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plLoan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plloan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.

Students must have graduated from one of the eligible schools to be a possible candidate for the iHelp Consolidation Loan.

Federal consolidation loans are eligible for all of the repayment programs listed above.

The main difference between the Graduate and Professional Student PLUS Loan («Grad PLUS») and the Parent PLUS Loan is that graduate and professional students who are denied a PLUS loan because of an adverse credit history will not be eligible for increased Stafford Loan limLoan («Grad PLUS») and the Parent PLUS Loan is that graduate and professional students who are denied a PLUS loan because of an adverse credit history will not be eligible for increased Stafford Loan limLoan is that graduate and professional students who are denied a PLUS loan because of an adverse credit history will not be eligible for increased Stafford Loan limloan because of an adverse credit history will not be eligible for increased Stafford Loan limLoan limits.

Borrowers who were new borrowers will make payments based upon 10 percent of their discretionary income, and will be eligible for loan forgiveness after 20 years.

Here are the income - based repayment options you may have the option of choosing for your federal loans serviced with Great Lakes — visit this page to see which federal loans are eligible for which repayment options:

You'll regain eligibility for benefits that were available on the loan before you defaulted, such as deferment, forbearance, a choice of repayment plans, and loan forgiveness, and you'll be eligible to receive federal student aid.

Anyone who completes the FAFSA may be eligible for federal student loans, regardless of credit history, income, or co-signer.

Like traditional lenders, LendingClub requires a minimum of two years in business to qualify for its loans or lines of credit, but businesses only need $ 75,000 in annual revenue to be eligible.

(For eligible attorneys) Provide supervision, education, or training of other persons providing prosecutor or public defender representation and must not be in default on repayment of any federal student loans

By opting to refinance your federal student loans, you are no longer eligible for any of these repayment plans or loan forgiveness programs through the federal government.

Finally, you want to make sure that you're not eligible for any kind of forgiveness program that would knock out some of your loans before you agree to income - based repayment.

In addition, if you work as a federal employee or for a specific not - for - profit employer, such as a teachers, lawyers, or doctors, you may be eligible for student loan forgiveness after making consistent payments over a set period of time.

If you work in public service, you may be eligible for loan forgiveness after 10 years of on - time monthly payments.

The percentage of your loan that will be eligible for cancellation depends on when the loan was taken out, the type of loan, and what type of service you perform.

For borrowers who will make a career out of military service, Income - driven repayment plans provide another major benefit — you may be eligible for loan forgiveness after 10 years of reduced monthly paymenFor borrowers who will make a career out of military service, Income - driven repayment plans provide another major benefit — you may be eligible for loan forgiveness after 10 years of reduced monthly paymenfor loan forgiveness after 10 years of reduced monthly payments.

«With a good credit score and a decent amount of equity in your home, you should be eligible for the best available rates on home equity loans and HELOCs,» says Drake.

Defaulted loans are not eligible for repayment under any of the income - driven repayment plans.

Native American veterans are eligible for this program, which is a branch of the VA loan program, but can be used on Federal Trust Land.

If you are eligible for a U.S. Department of Defense Student Loan Repayment Program and have Direct or FFEL loans

You may not get the best rates available, but you should be eligible for a wide variety of loans, including

While you may be paying mortgage insurance for the life of your FHA loan, borrowers who have established more than 20 % equity in their new mortgage are eligible to remove mortgage insurance with a conventional loan.

Whether you're an active - duty serviceperson, a veteran, a member of the National Guard, a Reservist or surviving spouse of a veteran; or if you're a cadet at the U.S. Military, Air Force or Coast Guard Academy, midshipman at the U.S. Naval Academy or officer at the National Oceanic & Atmospheric Administration, you may be eligible for a VA loan.