Sentence examples for payment shock for from inspiring English sources

Payment shock for borrowers is nigh.

But because of variable interest rates, even sophisticated borrowers may not be prepared for "payment shock" when graduation rolls around and the first bill arrives in the mail.

"The sluggish nature of the index was better for borrowers; it didn't have the risk for as much payment shock, because the payment changes moved so much more gradually".

Third, we disentangled the impact of payment shocks based on the reason for the shocks: payment shock due to the expiration of a teaser rate (i.e. "teaser shock") versus the payment shock due to index rate changes at the time of reset (i.e. "market rate shock").

They "are going to experience a payment shock which is going to be difficult if not impossible for them to manage," he said.

Mortgage borrowers on teaser rates are vulnerable to payment shock.

Payment shock has caused plenty of problems over the years.

"Really steep payment shock loans and subprimes.... Very little income documentation, really high prepayment penalties".

There were very low down payments, loans that never verified the borrower's income, poor disclosure and huge payment shocks.

That has undoubted appeal for policymakers in countries where floating-rate mortgages expose borrowers to the risk of payment shocks as rates rise.Inimitable CopenhagenIn truth, however, there is no magic system.

Second, we studied how the effect of payment shocks varies and decays over time.