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Starting in 2012, President Obama established an Income-Based Repayment (IBR) system for student loans, based on one that the U.K. and Australia have done for years.
The remaining 39 percent took out home loans based on just one quote — even though 9 in 10 of those buyers said they knew that rates varied among lenders.
Last year, new loans based on the Asia-based benchmarks amounted to $34.2 billion, according to figures from the data provider Dealogic.
Lenders typically issue loans based on the agency's guidelines.
Some lenders offer loans based on a company's purchase orders, contracts or inventory.
For decades they made loans based on bureaucratic, not commercial, priorities.
In return for taking on loans based on contingency fees, lenders like Counsel can command double-digit interest rates.
In the subsidized version of these loans, based on need, the government pays the interest while students are in school.
Other lenders, however, say they make loans based on a moment-in-time snapshot of a borrower's finances.
All these domestic and foreign investments were of course fuelled by bank and building society loans based on the seemingly never-ending rise in equity on their homes.
Doctors will be asked to make loans based on the risk associated with their specialty, ranging from $5,000 up to $25,000 for obstetricians and neurosurgeons.
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CEO of Professional Science Editing for Scientists @ prosciediting.com