Word: repayable
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Aaliyah N. Williams '02 of Dunster House said she is optimistic about her chances to repay her student loans...
...students heading to Goldman, Sachs or McKinsey like to talk about the experience they will gain, the loans they have to repay, and the excitement of the job, but no one mentions the inflated salaries or the ease of the job search...
...Americans have a debt problem? Big time. Nearly 14% of our disposable income goes to repay loans, the highest level since 1986, according to economist Cynthia Latta at Standard & Poor's. Credit-card debt and total household debt are at record highs relative to personal income. Even if you sweep aside thoughts of recession, it still makes sense to pay down debt as rates rise. Most debt, including credit cards, home-equity lines and many mortgages, carries variable rates, so your costs will be increasing...
...Office, criticized two studies financed by the credit-card industry that purported to show that a substantial number of debtors could pay more. Questioning their assumptions, data and sampling procedures, the GAO said that "neither report provides reliable answers to the questions of how many debtors could make some repayment and how much debt they could repay...
...loan to be repaid in two weeks. That's an annual interest rate of 521%. In exchange for the advance, the lender requires the borrower to write a check for $240, dated to coincide with his next paycheck. When the two weeks are up, the borrower may repay the loan or roll it over into a new one, further increasing the interest charges. If the borrower fails to do either, the lender cashes the postdated check. If it bounces, the lender sues and in some states collects up to three times the value of the check, plus interest...