Sentence examples for existing borrowers with from inspiring English sources

It's not much better for existing borrowers with Nationwide.

The Equity Support Scheme will go live next month and is open to existing borrowers with Lloyds TSB, Halifax or Cheltenham & Gloucester – about 3 million mortgage customers in total.

Beyond already announced programs, there's little else planned to help existing borrowers struggling with their student debt.

Now, the bondholders have a strong incentive to modify their loan terms, often with existing borrowers.

The settlement encourages lenders to negotiate lower rates with existing borrowers and even provide the politically controversial step of lowering principal amounts owed in an effort to keep houses out of foreclosure.

Although there is no guarantee, existing borrowers could be grandfathered in to the current Public Service Loan Forgiveness program, since they borrowed with the expectation of entering public service and qualifying for loan forgiveness.

Rising house prices also protected existing borrowers from defaulting on their mortgages.

Offers are pro-actively sent to existing borrowers by letter three months before the borrower's current deal expires, and are based solely on the society's assessment of the credit risk of that individual customer, particularly the LTV of the mortgage: "We don't improve our offers because you have other products with us," Pheasey says.

That left millions of existing borrowers piling up debt at interest rates at or above 7percentt.

Mortgage brokers claim that borrowers are shying away because Nationwide no longer offers deeply discounted products, even though its rate for existing borrowers is lower.

But rising rates are bad for credit origination and increase the debt-service burden for existing borrowers.