Sentence examples for discharge loan from inspiring English sources
The phrase "discharge loan" is grammatically correct and can be used in written English
It means to pay off or fulfill a loan agreement. Example: The borrower was finally able to discharge their student loan after years of diligent payments. Another example: The bank will discharge the loan once the final payment is received and processed.
A Republican administration, some analysts say, would also abandon proposed reforms that would allow students to discharge loan debt in bankruptcy.
Could sallie mae ever come back and collect on my husbands discharged loan once we are making money some day hopefully?
They note that the U.S. Department of Education is considering not only issuing new debt relief rules and beefing up enforcement efforts against school misconduct, but also pondering new rules to allow the Department to recoup discharged loan costs from the offending schools.
The Obama administration revised it last year to simplify the claims process and shift more of the cost of discharging loans onto schools.
The rule was revised last year to speed up and simplify the claims process and shift more of the cost of discharging loans onto schools.
The Obama administration revised the regulation last year to simplify the claims process and shift more of the cost of discharging loans onto schools.
Ohio senator Sherrod Brown introduced a bill last summer that would have required banks and debt buyers to tell credit agencies when a consumer discharged loans and credit card debt as part of a bankruptcy filing.
In December, 13 senators led by Elizabeth Warren sent a letter to Education Secretary Arne Duncan, asking if the DOE had a plan for discharging loans to students at schools like Corinthian and calling for a clearer process for implementing legal protections.
The Obama administration tried to simplify the process for students and shift more of the cost of discharging loans onto schools, much to the chagrin of for-profit colleges that said they were being unfairly targeted.
The judge can rule to full discharge your loans, partially discharge your loans, or even simply require different terms for your loans (such as a lower interest rate or longer term).
Destitute borrowers can still discharge student loan debt if they experience "undue hardship".
