Sentence examples for borrower is due from inspiring English sources

Payday loans are small loans generally in the $150-$150-$400e, repayable in a few weeks when the borrower is due to receive a paycheck or some other scheduled payment.

The rate, cut in half to 3.4 percent five years ago to help borrowers as the economy soured, is due to return to 6.8 percent on July 1, affecting more than 7 million student loans.

However, no repayment at all is due until the borrowers' gross earnings are more than £15,000 a year.

Their niggardly lending, they say, is due to problems seizing collateral from borrowers who don't pay.

The first measure requires lenders to assess if the borrower has the income to fully repay the loan when it is due without reborrowing.

The Help to Buy scheme, which allows borrowers to put down a deposit of just 5% on a new house, is due to be extended in January.

Chase also wants borrowers who are starting a new job to begin work no later than the date their first mortgage payment is due.

Much of American banks' recent success is due to their increased deftness at managing this basic function of transferring capital from savers to borrowers.

Others claim that the current situation is due to various failures by government, such as its putting pressure on Fannie and Freddie to increase loans to unqualified borrowers.

If a borrower is on leave at the time of closing, the housing agency said that "lenders must document the borrower's intent to return to work, that the borrower has the right to return to work, and that the borrower qualifies for the loan taking into account any reduction of income due to their leave".

Our average borrower is 28.