Your English writing platform
Discover LudwigExact(17)
The graph below provides an example of a schedule of repayment performance to demonstrate a determination of six consecutive payments.
In a written statement, BlueHippo said that most shipping delays involved customers who failed to make the required consecutive payments.
That rehabilitation program erases a default from a person's credit report after nine consecutive payments over a 10-month period to a debt collector.
A sustained period of repayment performance would be a minimum of six consecutive payments and would involve timely payments under the restructured loan's terms of principal and interest in cash or cash equivalents.
The loan, therefore, would remain on nonaccrual for at least five post-workout consecutive payments (Months 6 through 10) provided the borrower continues to make payments consistent with the restructured terms.
The dire prediction stems from problems the consumer watchdog identified in the federal student loan rehabilitation program, which erases a default from a person's credit report after nine consecutive payments over a 10-month period to a debt collector.
Similar(43)
If she made three consecutive loan payments at the reduced amount of $954.18, beginning in March, the letter said, she would be considered for a permanent modification.
She chose a Connecticut branch of First Union because it offers a Fannie Mae loan that automatically reduces the interest rate by up to 1 percentage point if the borrower makes 24 consecutive monthly payments on time.
The changes, which will take effect over several months, will let people qualify for new loans no matter how far the values of their homes have fallen, so long as they have made at least six consecutive monthly payments.
At one point she had to pay for a urology course ahead of an exam and was so overdrawn that she missed two consecutive monthly payments to the GMC, was temporarily removed from the medical register and subjected to a large fine.
That involves making nine out of 10 consecutive, voluntary payments on time, which will render your loan rehabilitated in the eyes of government lenders and make you eligible for additional federal benefits.
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