Sentence examples for their ability to repay from inspiring English sources

Exact(35)

Might that affect their ability to repay the bank?

That raises serious questions about their ability to repay those obligations over time.

This threat to European banks has already prompted anxiety about their ability to repay loans.

New mortgage rules mean banks must quiz customers about their ability to repay if interest rates go up.

They charge that some brokers persuaded borrowers to apply for loans that were beyond their ability to repay.

Subprime borrowers were all, by definition, people with poor credit histories, prone to financial problems, yet their ability to repay differed widely.

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Similar(22)

Regulators across the region now require banks to assess their clients' ability to repay loans more thoroughly; both banks and their customers have become more circumspect.

Melanie Johnson, minister for competition, consumers and markets, says she wants lenders to assess their customers' ability to repay before lending more to them.

Sarah Brooks, director of financial services at Consumer Focus said: "As the committee has highlighted, the [OFT] rules themselves are not stringent enough to ensure payday lenders are lending responsibility and checking their customers' ability to repay loans.

Indeed, the minimum credit score that a consumer need have to secure a loan from Upgrade, its minimum is 620, which the credit reporting bureau Experian says falls into the range of subprime borrowers who may be offered less-than-ideal loan terms because of their perceived ability to repay a loan on time.

Borrowers typically have more accurate information than lenders about their willingness and ability to repay a loan.

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