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When the borrower dies, the property is sold and the mortgage repaid out of the proceeds.
In the end, much of that program was paid for by bonds, repaid out of riders' fares.
Most of the money would be raised by selling bonds, to be repaid out of riders' fares.
Sometimes Shanduka's acquisitions were financed by banks on the bet that the loans would be repaid out of dividends or rising stock values.
Payday loans are typically made at storefront locations and secured by a paycheck, while deposit advance loans are currently made by a handful of big banks, and are repaid out of an anticipated electronic deposit into a checking account.
Martin contended that he proffered $616,000 to the players, claiming the money was a form of "social security" and that he expected to be repaid out of the players' professional contracts.
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Former brokerage clients say Ornstein repaid them out of his own funds for losses on unauthorized trading.
"My problem was that when a client lost money, I felt so bad that I would do anything to try and make it back for them". Former brokerage clients say Ornstein repaid them out of his own funds for losses on unauthorized trading.
The administration took a risk for a politically unpopular cause, and its courage paid off when Mexico's economy improved and the bail-out loan was repaid ahead of schedule.
The paper lost $600 in its first year, and although Wise repaid the publisher out of his own funds, Schmidt terminated the relationship.
MUCH ACTIVITY IN LOANS Out-of-Town Banks Drew Heavily on New York in First Week, but Repaid Quickly.
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CEO of Professional Science Editing for Scientists @ prosciediting.com