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Discover Ludwig"repayment service" is a correct and usable phrase in written English.
It refers to a service that helps people pay back loans or debts. It can be used when discussing financial services or loan agreements. Example: "Our company offers a convenient and efficient repayment service to help our customers manage their debt and improve their credit score."
Exact(1)
One is that they have that very efficient collection mechanism, which isn't a regular feature in America, and the second is that, actually, our repayment service is quite generous you don't start repaying your student loan here until you've got a job that's earning at least £21,000 [about $33,000] per year, which is a lot higher than the States.
Similar(59)
It says on its website that its mission "is to enable our customers to invest in their futures by delivering secure, accurate and efficient assessment, payment and repayment services".
Both companies are partnering with employers to offer student loan repayment services as a benefit in the same way that folks would save for a retirement plan.
Including historic PFI repayments, servicing the existing debt already costs £1bn a year.
Already Fidelity Investments, Live Nation, and Staples are using the company's loan repayments services.
However, while programme managers of service-option loans normally consider repayment and service equally desirable outcomes, managers of service-requiring scholarships prefer service over buy-out.
The difference between service-option loans and service-requiring scholarships with a buy-out option is that the managers of the former will normally consider repayment and service equally desirable outcomes, whereas the managers of the latter will prefer service over buy-out.
Programs like "income-based repayment" may allow service members with federal loans to reduce their monthly payments while on active duty.
What about some advice for those who are drowning in tens of thousands of dollars in PRIVATE student loans which you can't put on the income-based repayment or public service loan forgiveness program?
Our current revenue base is not strong enough to sustain a viable repayment program to service the debt.
Some programs allowed participants to repay half [ 74] or all [ 71, 75] of the principal without interest in lieu of service repayment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com