Your English writing platform
Discover LudwigExact(1)
The Fed also refused to prohibit the much-criticized subprime lending practice of big prepayment penalties.
Similar(59)
One of the biggest uncertainties is prepayment risk.
We had to raise debt in Brazil in order to factor the receivables to merchants, because prepayments are a big part of the market.
Kelly Smith, spokesman for the National Funeral Directors Association, said: "Prepayment and preplanning is the big trend.
I remember a media exec I once had drinks with who equated the online ad business to prostitution: "They are the only two major industries working on prepayment basis because both promise much bigger fantasy than they ever deliver".
If the difference in interest rates is big enough, a refinancing may make sense even with the prepayment penalty.
The larger your prepayment, the quicker the loan will be repaid and the bigger the reduction in finance charges.
For instance, it provides insurers with preventive solutions, applying big behavioral data and machine learning to generate the best predictions on default, bad debt, prepayments and customer churn resulting in individualized risk assessment.
Prepayment required.
No prepayment penalty.
Many mortgage prepayment penalties would go away.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com