A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.
WHAT DOES CONSOLIDATION LOAN MEAN IN ENGLISH?
Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house. In this case, a mortgage is secured against the house. The collateralization of the loan allows a lower interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale of the asset to pay back the loan. The risk to the lender is reduced so the interest rate offered is lower. Sometimes, debt consolidation companies can discount the amount of the loan. When the debtor is in danger of bankruptcy, the debt consolidator will buy the loan at a discount. A prudent debtor can shop around for consolidators who will pass along some of the savings. Consolidation can affect the ability of the debtor to discharge debts in bankruptcy, so the decision to consolidate must be weighed carefully.
The translations of consolidation loan from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «consolidation loan» in English.
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «consolidation loan».
FREQUENCY OF USE OF THE TERM «CONSOLIDATION LOAN» OVER TIME
The graph expresses the annual evolution of the frequency of use of the word «consolidation loan» during the past 500 years. Its implementation is based on analysing how often the term «consolidation loan» appears in digitalised printed sources in English between the year 1500 and the present day.
Examples of use in the English literature, quotes and news about consolidation loan
10 ENGLISH BOOKS RELATING TO «CONSOLIDATION LOAN»
Discover the use of consolidation loan in the following bibliographical selection. Books relating to consolidation loan and brief extracts from same to provide context of its use in English literature.
Student loan programs as federal costs of loanconsolidation ...
Some consolidation loan borrowers had defaulted on a student loan prior to
obtaining their consolidation loan and then subsequently defaulted on their
consolidation loan as well. About one-fifth (19 percent) of consolidation loan
Debt Consolidation 1, Bad Credit Card Debt 0
The first payment on your Direct Consolidation Loan will be due within 60 days of
the first disbursement, unless you are eligible for in- school consolidation or a
deferment. (See the accompanying Borrower's Rights and Responsibilities for ...
W. Frederick Zimmerman, 2005
Student consolidation loans further analysis could lead to ...
This increase in consolidation loan volume and recent interest rate trends have
increased the overall estimated long-term cost to the federal government of
providing consolidation loans under the Department of Education's (Education)
United States, Government Accountability Office, Congress, Committee on the Budget, House
Funding Education Beyond High School:The Guide to Federal ...
Your parents can also get a Direct or FFEL PLUS Consolidation Loan if they have
obtained a PLUS Loan for you. PLUS Loans can only be consolidated once the
loans have been fully disbursed. If you're in default* on a federal student loan, ...
Code of Federal Regulations, Title 34, Education, PT. ...
(1) The borrower is unable to obtain a FFEL consolidation loan; (2) The borrower
is unable to obtain a FFEL consolidation loan with income- sensitive repayment
terms acceptable to the borrower; (3) The borrower wishes to use the Public ...
The Code of Federal Regulations of the United States of America
(A) The borrower may not have an adverse credit history as defined in §685.200(
b)(7)(ii); or (B) If the borrower has such an adverse credit history, the borrower
shall obtain an endorser for the consolidation loan who does not have an
Office of the Federal Register (U.S.), 1991
Benefit Of Debt Consolidation
For instance, if debt consolidation loan for unemployed has been taken against
one's home, home is the collateral. Loan provider enjoys right or lien on house.
He has the powers to demand liquidation of house to recover loan proceeds.
Charles M. Hawkins
Credit Card Debt Relief: Based On The Proven Principles and ...
Credit card debt consolidation loan is one of the ways of consolidating credit card
debt. Besides, credit card debt consolidation loan, you can also go for balance
transfer to another credit card. In fact, due to the publicity by credit card suppliers,
Escape Credit Card Debt Today
CREDIT. CARD. DEBT. CONSOLIDATION. LOAN. Credit card debt consolidation
is regarded as the first step towards getting rid of credit card debt. Credit card
debt consolidation loan is one of the ways of consolidating credit card debt.
L.S.A., List of C.F.R. Sections Affected
which the Direct Consolidation Loan is originated. (f) Origination of a
consolidation loan. (1)(i) The holder of a loan that a borrower wishes to
consolidate into a Direct Loan shall complete and return the Secretary's request
for certification of the ...
10 NEWS ITEMS WHICH INCLUDE THE TERM «CONSOLIDATION LOAN»
Find out what the national and international press are talking about and how the term consolidation loan is used in the context of the following news items.
Careers That Can Get You Student Loan Forgiveness
... including Perkins and Federal Family Education (or Stafford) loans, into a Direct Consolidation Loan so they can be forgiven under PSLF. «NerdWallet, Jul 15»
Money Talk (Q&A): Loan consolidation, store credit cards, Social …
... indicates that those are private student loans, which wouldn't qualify for the relief programs or for a federal consolidation loan, for that matter. «OregonLive.com, Jul 15»
Loan or Balance Transfer? What's Best for Saving Money When …
A debt consolidation loan is a solution that some companies offer to people who need to put all of their debts together. The lender provides the ... «FinancialNews.co.uk, Jun 15»
3 Options to Consider if You Can't Afford Your Student Loan Payment
The repayment term ranges from 10 to 30 years, depending on the amount of your consolidation loan, your other education loan debt, and the ... «U.S. Department of Education, Jun 15»
How to Make Federal Student Loans Affordable
... the only income-driven repayment plan that allows for PLUS loans made to parents to eligible, if consolidated into a direct consolidation loan. «DailyFinance, Jun 15»
Moody's May Reduce Ratings on $34 Billion of Student-Loan Bonds
... percent and 30 percent for consolidation loan pools and between 40 percent and 50 percent for non-consolidation loan pools, Moody's said. «Bloomberg, Jun 15»
Industry-Leading Debt Consolidation Firms Honored by 10 Best Debt
Cost-effective settlements are secured as soon as possible by the company. From there, consumers can take advantage of a consolidation loan ... «PR Web, Jun 15»
Is Federal Loan Consolidation for You?
There is no cap on the interest of a Federal Direct Consolidation Loan. Federal Loans Eligible for Consolidation: Direct Subsidized Loans ... «Huffington Post, Jun 15»
Is purposely defaulting on your Student Loan debt the solution
Call for a free analysis of your Student Loan debt and see if you qualify for the government Direct Consolidation loan programs and which ... «Pulse, Jun 15»
Debt Consolidation USA Shares Tips For ATM Withdrawal
A debt consolidation loan can be secured or unsecured. ... Before accepting the debt consolidation loan, make sure that your new payment will ... «PR Web, Jun 15»
« EDUCALINGO. Consolidation loan [online]. Available <https://educalingo.com/en/dic-en/consolidation-loan>. Feb 2020 ».