Repayment – Stan Smith Loans http://stansmithloans.com/ Fri, 24 Sep 2021 16:11:47 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.1 https://stansmithloans.com/wp-content/uploads/2021/07/favicon-23.png Repayment – Stan Smith Loans http://stansmithloans.com/ 32 32 FTSE 100 live: markets remain stable despite uncertainty over Evergrande’s debt repayment https://stansmithloans.com/ftse-100-live-markets-remain-stable-despite-uncertainty-over-evergrandes-debt-repayment/ https://stansmithloans.com/ftse-100-live-markets-remain-stable-despite-uncertainty-over-evergrandes-debt-repayment/#respond Fri, 24 Sep 2021 16:11:47 +0000 https://stansmithloans.com/ftse-100-live-markets-remain-stable-despite-uncertainty-over-evergrandes-debt-repayment/ A the week that started with investors in a rotation in the Chinese real estate market ends on a flat note, amid uncertainty over whether debt-laden developer Evergrande has honored its last interest payment. There has been no announcement from the company after the deadline expired yesterday. The markets have followed the latest developments in […]]]>
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the week that started with investors in a rotation in the Chinese real estate market ends on a flat note, amid uncertainty over whether debt-laden developer Evergrande has honored its last interest payment.

There has been no announcement from the company after the deadline expired yesterday.

The markets have followed the latest developments in the wake, particularly given a grace period of at least 30 days before a default can be declared.

Live updates

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FTSE ends amid Evergrande fears but remains up this week

The FTSE 100 closed down 26 points, or 0.4%, at 7051. The index is up about 159 points from Monday, despite nervousness in global markets all week over the financial position of the. Chinese real estate giant Evergrande.

Here are the main stories from the market this Friday:

• Evergrande, which has more than $ 300 billion in debt, missed a repayment deadline, rekindling fears that the company could default on its debts and trigger a domino effect for the Chinese economy. Bank of America analysts played down the problem this afternoon: “Evergrande is not Lehman Brothers. Chinese credit markets are not like the United States. And Chinese policy can turn in a hurry.

That’s all from us this week. Have a nice weekend and we’ll see you on Monday.

1632495610

Bitcoin is picking up slightly

Bitcoin recovered from its session lows, rallying after a slump following news that the People’s Bank of China had declared the cryptocurrency illegal.

Bitcoin is currently down 3.8% to $ 42,434. It had gone down to 5%.

Constantine Tsavliris, researcher at Crypto Compare, says: “We saw a massive sell-off in May / June and a shift in mining out of China, followed by a rapid recovery in July / August. We will likely see a similar sell-off in the near term as the negative news pushes investors to take a conservative stance.

“However, in the longer term, given the current remoteness of mining from China and the strong market recovery we have seen in the previous months, we expect markets to recover. again.”

1632493869

Cineworld shares hit two-month high as cinemas begin to see Bond surge

Cineworld has had an eventful year. But the world’s second-largest movie chain saw its shares hit a two-month high on Friday amid great anticipation and strong ticket sales for Daniel Craig’s latest outing as 007.

Tickets for James Bond: No Time to Die were released at midnight on September 13, and Vue executives said Standard sales “got off to a really promising start” within minutes.

The Hollywood Reporter reported that movie theater owners said the multiple-delayed film created “by far the greatest interest. [in tickets] seen from pre-pandemic levels ”.

UK Cinema Association chief executive Phil Clapp told The Standard that after the past 18 months, cinema operators’ anticipation for the long-delayed release of the latest installment – and its revenues – is “higher than ever. “.

Cineworld revealed a staggering $ 3 billion loss in 2020 in March, and its shares almost halved in the months that followed.

But on Friday, FTSE 250 saw its shares rise 8% at the start of trading, before falling nearly 5% to 71.5p – their highest since early July.

1632493405

Hillary Clinton shares tips on being a successful female leader at London Tech Week

Appearing in person at the Capital County Hall during an AccelerateHER panel session at London Tech Week, the former US Secretary of State and presidential candidate said: It’s done with a smile instead of a sneer.

“And you will have to get up. “

The former First Lady, who has faced sexism and adversity throughout her career, spoke about her personal journey and shared advice alongside I. Stephanie Boyce, the first black president of The Law Society , McKinsey UK Managing Partner Virginia Simmons, and Microsoft UK CEO Clare Barclay.

Clinton concluded: “Never give up – if you want something, you have to prepare for it, and you often have to prepare more than someone else to be considered – and keep going, no matter what the obstacles. or setbacks. “

In its eighth year, London Tech Week is an annual celebration and networking event for the capital’s tech scene. Speakers and attendees include founders from some of the UK’s biggest tech companies, ministers and investors.

1632491957

Shell sees “increased demand” at the pump

Shell said this afternoon it was seeing “increased demand” at some of its sites, resulting in “larger queues”.

A spokesperson said: “Today we are seeing increased demand for fuel at some of our stations, which in some cases can lead to longer queues. We adapt our delivery times to ensure sufficient supply to our customers. “

Stocks are up 0.4% in London, helped by rising oil prices rather than events on the forecourt.

1632483348

Cryptocurrencies Tipped Over As China Declares Market ‘Illegal’

China’s central bank has said all forms of cryptocurrency transactions are illegal and should be banned in a Q&A posted on its website, Bloomberg reported. Offshore providers of crypto services to Chinese citizens are also breaking the law, the PBoC said.

The tongue signaled an intensification of China’s crackdown on cryptocurrencies and pushed prices down in the market. Bitcoin, the world’s largest crypto token, fell 5%.

Ethereum, the second largest token, fell 6.3% to $ 2,888. Cardano was down 2.4% to $ 2.15, Solana sank 6.9% to $ 134 and Litecoin lost 5.9% to $ 149. The broader market was down around 4%, according to data from CoinMarketCap.com.

Stocks heavily exposed to cryptocurrency suffered. Coinbase, the US cryptocurrency exchange, sank 3.6% in the pre-market in New York and crypto miner Argo Blockchain sank 10% in London.

James Butterfill, investment strategist at Coinshares, said the price movements were relatively modest compared to similar cases in the past.

“The market is getting more and more used to this Chinese rhetoric,” he told Standard.

1632479836

A string of tortillas prepare a flotation plane

Casual dining chain Tortilla, which has 62 locations around the world, plans to hit the London junior market next month.

The company, which has 26 of its branches in the capital, is expected to be valued at around £ 70million.

Emma Woods, the former boss of Wagamama has been named non-executive president, and Laurence Keen, chief financial officer of the Hollywood Bowl, will be the non-executive director.

Read the full story here.

The Tortilla chain has several branches in London

/ TORTILLE

1632477961

Oil stocks insensitive to gas station problems

Shares of BP and Shell rose today, despite a shortage of truck drivers forcing some gas stations to close.

BP rose 0.1% in London and Shell 0.3%. Both were boosted by oil prices near their 3-year highs.

BP has been forced to close a small number of gas stations after a shortage of truck drivers left the sites running out of fuel. The shortages have prompted crisis meetings within government and public calls for the British not to panic.

The gas station industry has played down the problems.

“Overall, most of the other companies seem to be functioning and opening their doors for business,” Gordon Balmer, executive director of the Petrol Retailers Association, told Standard.

1632476175

In The Style out of fashion in the City because it warns against profits

Online womenswear retailer In The Style, known for its collections with celebrities such as Stacey Solomon, today warned of profits in the event of a supply chain disruption.

Shares of the AIM-listed company plunged more than 14%, or 28.26p to 167.74p despite a 45% jump in April-August sales from a year earlier.

It benefited from a higher demand for second-hand clothing as people returned to social events.

Stacey Solomon, right, has a clothing collection with In The Style

/ In the style

But In The Style is struggling with headaches. Read the full story here.

1632495679

City broker Peel Hunt to launch £ 280million deal

Broker CITY Peel Hunt profited today from the pandemic boom in trading and trading in a float that values ​​the company at £ 280million.

The small and mid-cap broker has raised £ 112million in a list that will turn many of its 250 employees into paper millionaires.

Managing director Steven Fine held a 7% stake ahead of the sale, which is now said to be valued at nearly £ 20million.

Staff and directors owned 70% of the business, but advisers insist most of them are hanging on to their equity.


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Republic Bank introduces two new flexible mortgage repayment plans to the Ghanaian market https://stansmithloans.com/republic-bank-introduces-two-new-flexible-mortgage-repayment-plans-to-the-ghanaian-market/ https://stansmithloans.com/republic-bank-introduces-two-new-flexible-mortgage-repayment-plans-to-the-ghanaian-market/#respond Tue, 21 Sep 2021 03:45:50 +0000 https://stansmithloans.com/republic-bank-introduces-two-new-flexible-mortgage-repayment-plans-to-the-ghanaian-market/ Republic Bank (Ghana) PLC has introduced to the market two new additional mortgage repayment plans which aim to offer homeowners more flexible forms of repayment and to save on interest paid at the end of the loan term. It is the first of its kind in Ghana and offers clients the opportunity to save up […]]]>

Republic Bank (Ghana) PLC has introduced to the market two new additional mortgage repayment plans which aim to offer homeowners more flexible forms of repayment and to save on interest paid at the end of the loan term.

It is the first of its kind in Ghana and offers clients the opportunity to save up to 40% of their total mortgage interest and repay sooner without increasing the loan payment.

Commenting on the announcement, Mr. Farid Antar, Managing Director of Republic Bank (Ghana) PLC, said that over the years the Bank has deliberated on methods to make the homeownership experience less stressful. and creating value for existing and potential mortgage clients.

“As a pioneer of the mortgage industry in Ghana, our goal has been to deliver compelling value propositions to help our diverse customer segments while making the entire mortgage journey easy and affordable for them,” he said. .

The new repayment plan aims to eliminate the idea that acquiring mortgages in Ghana is frustrating and time consuming.

He added that the new repayment plan reduces the number of repayment years clients would have to honor their mortgage.

Mr. Farid Antar explained that the heart of the Bank is customer satisfaction, adding that “we are obsessed with providing Ghanaians with an amazing mortgage process through our powerful expertise, knowledge and speedy processes. Clients now have several ways to pay off their mortgage, regardless of their salary structure. Our customers deserve the ability to easily choose the method that makes them most comfortable, and these additional reimbursement options really put the power of choice in their hands, ”he said.

The introduction of the new repayment plan aims to cement Republic Bank as the bank of choice for any mortgage or homeownership needs, while providing existing and potential customers with the options that best suit their needs. their pockets.

As a mortgage banking pioneer with over 30 years of experience, Republic Bank has played a very important role in the Ghanaian mortgage banking space, providing thousands of home loans to Ghanaians at home and abroad. The Bank continues to be the most diverse financial institution in the country and the leading provider of home loans.

For more information and company news, please visit www.republicghana.com or call 0556543212.


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Republic Bank introduces two new flexible mortgage repayment plans to the Ghanaian market https://stansmithloans.com/republic-bank-introduces-two-new-flexible-mortgage-repayment-plans-to-the-ghanaian-market-2/ https://stansmithloans.com/republic-bank-introduces-two-new-flexible-mortgage-repayment-plans-to-the-ghanaian-market-2/#respond Tue, 21 Sep 2021 02:43:07 +0000 https://stansmithloans.com/republic-bank-introduces-two-new-flexible-mortgage-repayment-plans-to-the-ghanaian-market-2/ Republic Bank (Ghana) PLC has introduced to the market two new additional mortgage repayment plans which aim to offer homeowners more flexible forms of repayment and to save on interest paid at the end of the loan term. It is the first of its kind in Ghana and offers clients the opportunity to save up […]]]>

Republic Bank (Ghana) PLC has introduced to the market two new additional mortgage repayment plans which aim to offer homeowners more flexible forms of repayment and to save on interest paid at the end of the loan term.

It is the first of its kind in Ghana and offers clients the opportunity to save up to 40% of their total mortgage interest and repay sooner without increasing the loan payment.

Commenting on the announcement, Mr. Farid Antar, Managing Director of Republic Bank (Ghana) PLC, said that over the years the Bank has deliberated on methods to make the homeownership experience less stressful. and creating value for existing and potential mortgage clients.

“As a pioneer of the mortgage industry in Ghana, our goal has been to deliver compelling value propositions to help our diverse customer segments while making the entire mortgage journey easy and affordable for them,” he said. .

The new repayment plan aims to eliminate the idea that acquiring mortgages in Ghana is frustrating and time consuming.

He added that the new repayment plan reduces the number of repayment years clients would have to honor their mortgage.

Mr. Farid Antar explained that the heart of the Bank is customer satisfaction, adding that “we are obsessed with providing Ghanaians with an amazing mortgage process through our powerful expertise, knowledge and speedy processes. Clients now have several ways to pay off their mortgage, regardless of their salary structure. Our customers deserve the ability to easily choose the method that makes them most comfortable, and these additional reimbursement options really put the power of choice in their hands, ”he said.

The introduction of the new repayment plan aims to cement Republic Bank as the bank of choice for any mortgage or homeownership needs, while providing existing and potential customers with the options that best suit their needs. their pockets.

As a mortgage banking pioneer with over 30 years of experience, Republic Bank has played a very important role in the Ghanaian mortgage banking space, providing thousands of home loans to Ghanaians at home and abroad. The Bank continues to be the country’s most diverse financial institution and the leading provider of home loans.

For more information and company news, please visit www.republicghana.com or call 0556543212.


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Republic Bank Ghana: INTRODUCES TWO NEW MORTGAGE PAYMENT PLANS TO REDUCE INTEREST COSTS BY UP TO 40% https://stansmithloans.com/republic-bank-ghana-introduces-two-new-mortgage-payment-plans-to-reduce-interest-costs-by-up-to-40/ https://stansmithloans.com/republic-bank-ghana-introduces-two-new-mortgage-payment-plans-to-reduce-interest-costs-by-up-to-40/#respond Mon, 20 Sep 2021 22:32:41 +0000 https://stansmithloans.com/republic-bank-ghana-introduces-two-new-mortgage-payment-plans-to-reduce-interest-costs-by-up-to-40/ Monday, September 20, 2021 – Republic Bank (Ghana) PLC introduced to the market two new mortgage repayment plans that aim to offer homeowners more flexible forms of repayment and save on interest paid at the end of the loan term. It is the first of its kind in Ghana and offers clients the opportunity to […]]]>

Monday, September 20, 2021 – Republic Bank (Ghana) PLC introduced to the market two new mortgage repayment plans that aim to offer homeowners more flexible forms of repayment and save on interest paid at the end of the loan term. It is the first of its kind in Ghana and offers clients the opportunity to save up to 40% of their total mortgage interest and repay sooner without increasing the loan payment.
Commenting on the announcement, Mr. Farid Antar, Managing Director of Republic Bank (Ghana) PLC, said that over the years the Bank has deliberated on methods to make the homeownership experience less stressful. and creating value for existing and potential mortgage clients. “As a pioneer of the mortgage industry in Ghana, our goal has been to deliver compelling value propositions to help our diverse customer segments while making the entire mortgage journey easy and affordable for them,” he said. .

The new repayment plans aim to eliminate the idea that acquiring mortgages in Ghana is frustrating and time consuming. He added that the two new repayment plans reduced the number of repayment years clients would have to have to honor their mortgage.
Mr. Farid Antar explained that the heart of the Bank is customer satisfaction, “We are obsessed with providing Ghanaians with an amazing mortgage process through our powerful expertise, knowledge and speedy processes. Customers now have many ways to pay off their mortgages, regardless of their salary structure. Our customers deserve the ability to easily choose the method that makes them most comfortable and these additional reimbursement options really put the power of choice in their hands, ”he said.
The introduction of the two new repayment plans is to cement Republic Bank as the bank of choice for all mortgage or homeownership needs while offering existing and potential customers the options that best suit their needs. pockets.
As a pioneer in mortgage banking services with over 30 years of experience, Republic Bank has played a very important role in the Ghanaian mortgage banking space by providing thousands of home loans to Ghanaians at home and abroad. The Bank continues to be the most diverse financial institution in the country and the leading provider of home loans.

Disclaimer

HFC Bank (Ghana) Ltd. published this content on September 20, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on September 20, 2021 10:31:05 PM UTC.


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Moody’s: Malaysian Bank Loans Under Covid-Linked Repayment Assistance Up To 27% July-August | Money https://stansmithloans.com/moodys-malaysian-bank-loans-under-covid-linked-repayment-assistance-up-to-27-july-august-money/ https://stansmithloans.com/moodys-malaysian-bank-loans-under-covid-linked-repayment-assistance-up-to-27-july-august-money/#respond Mon, 13 Sep 2021 04:58:54 +0000 https://stansmithloans.com/moodys-malaysian-bank-loans-under-covid-linked-repayment-assistance-up-to-27-july-august-money/ A pedestrian walks past a branch of Publc Bank in Kuala Lumpur on July 9, 2021. – Photo by Firdaus Latif NEW YORK, September 13 – Malaysia’s six largest banks have reported that repayment assistance loans linked to the Covid-19 pandemic increased by an average of 27% of total loans between July and August 2021 […]]]>

A pedestrian walks past a branch of Publc Bank in Kuala Lumpur on July 9, 2021. – Photo by Firdaus Latif

NEW YORK, September 13 – Malaysia’s six largest banks have reported that repayment assistance loans linked to the Covid-19 pandemic increased by an average of 27% of total loans between July and August 2021 , rising from 12% in March to May.

This was driven by the retail and small and medium-sized enterprise (SME) segments, after Bank Negara Malaysia (BNM) expanded the program to support a larger group of borrowers alongside the extension of a full foreclosure in June, Moody’s Investors Service (Moody’s) said.

“Although this will lead to a deterioration in the quality of banks’ assets, we do not expect a large increase in nonperforming loans (NPLs) as most applicants to the program will likely have sufficient financial capacity to repay their debt upon completion. of the program, “he added. noted.

In his sector commentary, “Banks – Malaysia: Repayment Assistance Loans Increase But Deterioration in Asset Quality Will Be Limited,” he said the banks were Hong Leong Bank Bhd, Public Bank Bhd, CIMB Group Holdings Bhd, Malayan Banking Bhd, RHB Group Bhd and the AmBank group.

From July 7, 2021, all requests from individuals and SMEs for deferral of payment and reductions in advance payments are automatically approved, without justification.

Previously, only applications from B40 income households and micro-enterprises were automatically approved.

“We expect that most of the repayment assistance loans will continue to perform after the six-month measure expires.

“One reason is that while the high volume of applications in July indicates that stressed borrowers may have increased, many had requested the program to take advantage of its easy requirements and save money, not because they are facing serious financial difficulties, according to the banks., “It said.

In addition, Moody’s said that a gradual lifting of strict measures to contain the coronavirus outbreak would support economic growth, leading to overall improvements in the repayment capacity of currently struggling borrowers.

The number of applicants fell in August and the banks do not expect it to rise again.

However, he noted that some asset risks remain in the short term.

He said the central bank was forecasting slower economic growth in the second half of 2021, while the unemployment rate remained high at 4.8% in June 2021.

An uneven economic recovery will continue to strain some borrowers operating or working in sectors hardest hit by the pandemic.

“Loans that have been the subject of several rounds of aid are also particularly vulnerable.

“Nonetheless, banks will continue to increase provisions for loan losses,” he said.

The loan loss reserves of the six banks, excluding regulatory reserves, increased to 166% of gross impaired loans on average at the end of June 2021, from 106% a year earlier.

The six banks also have strong capital buffers to absorb unexpected strains, with an average Common Equity Tier 1 of 14% at the end of June 2021, he added. – Bernaama


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Cancel the repayment of a business loan https://stansmithloans.com/cancel-the-repayment-of-a-business-loan/ https://stansmithloans.com/cancel-the-repayment-of-a-business-loan/#respond Thu, 02 Sep 2021 22:52:30 +0000 https://stansmithloans.com/cancel-the-repayment-of-a-business-loan/ If you have taken out a business loan or plan to do so in the future, you cannot deduct your business loan repayment from your taxes. However, that doesn’t mean you don’t have options to reduce your tax obligations. Depending on the use of the money, your small business loan could create other opportunities to […]]]>

If you have taken out a business loan or plan to do so in the future, you cannot deduct your business loan repayment from your taxes. However, that doesn’t mean you don’t have options to reduce your tax obligations. Depending on the use of the money, your small business loan could create other opportunities to deduct business expenses.

Are Business Loan Payments Tax Deductible?

In short, business loan payments are not tax deductible. When a business loan is received by a business, it is not included in taxable income. In turn, when this loan is paid off, you cannot deduct the loan principal payments. You are simply paying back the money you borrowed, not the income spent.

However, you can still make certain deductions. Interest paid or accrued on your business loan is tax deductible in most cases.

Say you took out a small business loan and your monthly payment is $ 1,200. If $ 840 of your payment went to pay off the principal, that means you’re paying $ 360 in interest each month on your business loan. Only the $ 360 would be eligible for the deduction as a business expense.

Interest deductions on commercial loans

You must prove that you are legally responsible for the loan debt and have proof of repayment to deduct the interest on your loan. You must also prove that you have a genuine debtor-creditor relationship with the lender. Money cannot come from a friend or family member unless you have a signed promissory note with the necessary details.

Loan funds must also be spent on something for your business, not just kept in a bank account, to be eligible for interest deductions.

There are a few types of interest that are not tax deductible:

  • Interest on loans for overdue taxes or tax penalties, unless you are a C.
  • Interest on loans to pay your taxes or fund a retirement plan.
  • Interest on loans over $ 50,000 borrowed on a life insurance policy for business owners or employees.

In many cases, you can deduct interest on personal loans if the money was used for business purposes.

Equipment deductions

The loan repayment is not tax deductible, but what you used the loan funds for could be. If your loan was used to purchase new equipment, real estate, or for other chosen reasons, you may be able to deduct these items as business expenses from your taxes.

Business loans generally fall into two categories: working capital and fixed assets. Working capital refers to loans used for:

  • Seasonal financing
  • Export costs
  • Revolving line of credit
  • Refinancing of corporate debt

Fixed assets include tangible items such as:

  • Office furniture
  • Machinery
  • Office or store equipment
  • Construction costs
  • Real estate purchases
  • Building renovation

No matter what type of business loan you receive, keep detailed records and copies of all paperwork for your tax preparer.

How to find the best business loan?

A small business loan is a powerful tool even if you cannot deduct the loan repayment. To find the best business loan for you, consider the following factors:

  • Interest rate: Obtaining a lower interest rate will save you a lot of money over the life of your business loan.
  • How much you borrow: Whatever the reason for your business loan, it is important to calculate in advance how much you need to borrow.
  • Repayment Terms: How much time do you want or need to spend on paying off your business loan?

Many lenders allow you to prequalify for a business loan with just soft credit, which doesn’t negatively impact your credit score. Use our business loan calculator to determine the right course of action.

Frequently Asked Questions

Is a business loan considered income?

If you take out a business loan, it is unlikely to be counted as income because you have to repay the amount you borrow. The most common exception to this rule is if you are negotiating with a lender or creditor to reduce your debt. You will have to pay taxes on any canceled debt.

Do you have to repay SBA loans?

The Small Business Administration (SBA) offers several types of business loans. In most cases, you will have to pay them back. The good news is that they usually come with long repayment terms of up to 10 years. Additionally, if you do not pay off an SBA loan, the lender can recover 50-85% of the outstanding balance from the SBA.

Is a small business loan a payment or a revolving line of credit?

A small business loan can be an installment loan or a revolving line of credit. With an installment loan, you get a lump sum of money up front. A revolving line of credit is a bit more flexible because you can borrow as much or as little as you want up to an established credit limit.

The bottom line

Although you cannot deduct your loan repayment, the ability to deduct the interest paid could ease your tax burden somewhat. In addition, you may be able to deduct any purchases or operating expenses related to the loan.

Don’t let the fact that you can’t deduct your loan payments from your taxes deter you if taking out a business loan is right for your business. Business loans can help your business buy equipment, expand operations, or increase working capital.

Learn more:


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How the borrower’s defense against repayment works https://stansmithloans.com/how-the-borrowers-defense-against-repayment-works/ https://stansmithloans.com/how-the-borrowers-defense-against-repayment-works/#respond Fri, 27 Aug 2021 07:00:00 +0000 https://stansmithloans.com/how-the-borrowers-defense-against-repayment-works/ The Borrower’s Repayment Defense grants loan forgiveness to student loan borrowers if they have been defrauded by their schools. Borrowers can also get relief if their schools close before they can graduate. Throughout 2021, the Department of Education has extended borrower defense debt cancellation to more and more defrauded borrowers. And in March 2021, the […]]]>

The Borrower’s Repayment Defense grants loan forgiveness to student loan borrowers if they have been defrauded by their schools. Borrowers can also get relief if their schools close before they can graduate.

Throughout 2021, the Department of Education has extended borrower defense debt cancellation to more and more defrauded borrowers. And in March 2021, the ministry announced several rule changes regarding borrower defense against repayment, meaning borrowers whose claims have been approved can now expect to:

• Full discharge (100%) of federal student loans.

• Repayment of any amount paid on the loan in accordance with regulations.

• Requests for deletion of negative credit reports from credit bureaus.

• Reinstatement of eligibility for federal student assistance for those who have lost it.

Relief for defrauded borrowers

Those approved for borrower defense debt cancellation received good news on March 18, 2021, when the Education Department announced it would roll back the previous administration’s calculations for partial relief. for federal student loan borrowers approved for debt cancellation defending borrowers and would instead provide full relief to those borrowers. The Education Department says it will write off $ 1 billion in loan debt for 72,000 borrowers.

On June 16, 2021, the Department of Education announced it would write off the debt of 18,000 borrowers who previously attended the ITT Technical Institute, a for-profit chain of schools closed in 2016 following federal sanctions. It is estimated that this decision will provide $ 500 million in assistance to these borrowers.

On July 9, the Department of Education announced that 1,800 new borrower defense applications had been approved for borrowers attending three schools: Westwood College, Marinello Schools of Beauty and the Court Reporting Institute. All approved borrowers received a full discharge of the loan for a total of $ 55.6 million in cancellation. The education department said it was the first time since 2017 that borrower’s defense claims have been approved for students attending schools other than Corinthian Colleges, ITT Technical Institute and American Career Institute.

And on August 26, the Department of Education announced that another 115,000 students who attended ITT Tech would have their student loan debt discharged. The relief totals $ 1.1 billion.

What eligibility conditions do borrowers still have to meet?

The education department, headed by secretary Miguel Cardona, said it plans to pursue additional actions, including re-regulating changes made by former secretary Betsy DeVos that have tightened eligibility requirements and placed a greater burden on the borrower to prove that the school committed fraud.

These changes remain in effect until the Department of Education acts:

  • If your school closes after July 1, 2020, while you are still enrolled, it is your responsibility to apply for student loan relief through the Borrower Advocacy Program. Previously, these loans were automatically canceled.

  • You will still need to apply even if the education department has evidence of wrongdoing from your school that qualifies for student loan forgiveness. No forgiveness is automatic.

  • Under the new rule, you must prove that your school intentionally misled you and that you suffered specific financial harm as a result. The loan itself does not count as financial harm, but being unfit for work due to your program could.

  • Under the new rule, you can file a complaint if you leave your school up to 180 days before it closes. This expands the previous window by 120 days.

  • The old rule allowed six years to claim relief. The new rule shortens this window to three years.

  • If your request is initially denied and new information becomes available, you may not resubmit your request for further consideration.

Are you eligible for borrower defense forgiveness?

You may be eligible for a federal loan forgiveness under this program if you believe your school has defrauded you in one or both of the following ways:

  • Intentionally misled you about your education program.

  • Violates certain state laws, such as consumer protection laws or the laws relating to your loan or educational services.

You can submit a complaint whether your school has closed or not and even if you are eligible for other loan cancellation programs. You cannot make a claim for private loans or charges that you have paid out of pocket.

Not sure if you should apply? Find out if your school has been the subject of legal action by the federal government, state attorneys general, or the Consumer Financial Protection Bureau. “The biggest indicator is whether the college has been sued or is currently facing legal action for its practices,” says Robert Kelchen, assistant professor of higher education at Seton Hall University in South Orange. , New Jersey.

If your loans were disbursed before July 1, 2020, a judgment against your school may be grounds for a successful borrower defense. Under the new rule, a judgment against your school can be used as proof of your claim, but – without additional support – probably won’t be enough for a loan forgiveness.

How to ask for the borrower’s defense to repayment

You can submit a borrower’s defense to a repayment request electronically at borrowerdischarge.ed.gov or by filling out a PDF and sending it back to the Education Department by email or post. Details of the submission are available on the federal student aid site.

To strengthen your request, submit a detailed explanation of why your loans might qualify, along with any supporting evidence. This could include:

  • Actual rates of transition to the license to practice different from those announced by the school.

  • Actual employment rates different from those announced by the school.

  • Real selectivity and admission profiles different from those advertised by the school.

  • Dishonest representation of the establishment of qualifications or the approval of programs.

  • Dishonest representation of educational resources provided by the school.

  • Dishonest portrayal of credit portability.

  • Dishonest representations of placement rates and graduate salaries.

  • Dishonest representations regarding financial aid.

For loans disbursed before July 1, 2020, you can also submit written records of verbal conversations with school officials. “It’s not because it was verbal that [the borrower] shouldn’t provide a narration of this, ”said Betsy Mayotte, president and founder of the Institute of Student Loan Advisors. “If they feel… pressured into signing something quickly, for example, they should include that information because it is being taken into account. “

For help with your claim, find clinics in your area, such as local nonprofits, law schools, or legal aid, suggests Suzanne Martindale, senior counsel for Consumers Union. You can also contact the National Consumer Law Center, suggests Ben Miller, senior director of post-secondary education at the Center for American Progress, a non-partisan policy institute.

Mistrust debt settlement groups who ask for money to submit your request. You can do this process yourself for free.

How demand can affect your loans

You can choose to put your loans in abstention – which will stop payments and collections – as part of your claim. After submitting your request, the Education Department will send you a confirmation with more information about your abstention by email. Although the process should be automatic, you should contact your student loan manager to make sure they have received your forbearance notice and are handling it appropriately.

A borrower defense request may result in a full loan forgiveness, partial loan forgiveness, or no loan forgiveness. The new rule sets the bar high for total loan cancellation and leans more towards partial relief based on financial damage. Interest will accrue while the Department of Education assesses your application, and you will be responsible for interest on any portion of your loans that is not canceled.

Key terms of this story

Defense of the borrower to repayment: A federal student loan exemption program for borrowers whose schools have broken certain laws, or have defrauded or misled students. Borrowers can also get relief if their school closes before they can graduate. New rules for eligibility and rebate amounts make it successful the borrower’s defenses to repayment more difficult claims, but you should still make a claim if you think you’ve been the victim of fraud.

Abstention: An authorized non-payment period of up to 12 months at a time. Interest accrues on all loans in abstentionso this is usually not a good option unless you cannot pay your loans and cannot qualify for a deferral. An income-based repayment plan is a better option if you won’t be able to make your payments for an extended period of time.

Student Loan Manager: The private company that manages your federal student loan payments until they are repaid. Student loan managers don’t always offer the best repayment options, so it’s important to ask questions and stand up for your interests.


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Income Based Repayment (IBR) for Student Loans https://stansmithloans.com/income-based-repayment-ibr-for-student-loans/ https://stansmithloans.com/income-based-repayment-ibr-for-student-loans/#respond Mon, 16 Aug 2021 07:00:00 +0000 https://stansmithloans.com/income-based-repayment-ibr-for-student-loans/ Note regarding changes due to COVID-19: Changes were made to the federal student loans program as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) which was adopted in Congress on 03/27/2020 to help those affected by the coronavirus. Until January 31, 2022, borrowers have the option to suspend payments without penalty, […]]]>

Note regarding changes due to COVID-19:

Changes were made to the federal student loans program as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) which was adopted in Congress on 03/27/2020 to help those affected by the coronavirus.

Until January 31, 2022, borrowers have the option to suspend payments without penalty, if necessary. If you are looking for a discount through an income-based repayment plan, skipped payments will still count towards the time required to be eligible.

You can find out more in our guide to federal student loans.


If you are looking for a way to make your federal student loan payments more manageable, you should consider signing up for an income-based repayment plan.

An income-based repayment plan adjusts your monthly loan payment based on your current financial situation, taking into account your family size and your monthly income.

There are four different repayment plans based on income: REPAYE (Pay As You Earn Review), PAYE (Pay As You Earn), ICR (Income-Contingent Repayment) and IBR (Income-Based Repayment).

With the REPAYE and ICR plans, your monthly payment is based on your income, family size, and debt load (including your student loan amount), regardless of financial hardship.

With the PAYE and IBR plans, your payment is based on the same factors, but the borrower must demonstrate at least partial financial hardship.

In this guide:

What is Income Based Reimbursement (IBR)?

IBR plans have been around since 2009. This federal student loan repayment plan from the US Department of Education caps your monthly student loan payments at ten% Where 15% of your discretionary income, depending on when you became a “new” borrower.

To calculate your discretionary income, you’ll start by finding your adjusted gross income on your last tax return.

Then you will look for the Federal Poverty Level (FPL) for your family size and multiply that number by 1.5. When you subtract this number from your adjusted gross income, you get your total discretionary income.

If your student loan debt is greater than your discretionary income, you should be eligible for IBR. There are actually two different versions of the IBR, both based on when you first took out your student loans.

Monthly payments via IBR

Once you qualify for an IBR plan, your monthly payments will be capped at ten% your discretionary income if you are a new borrower on or after July 1, 2014.

Through StudentAid.gov, “You are considered a new borrower as of July 1, 2014 if you had no outstanding balances on a Federal Direct Loan Program (Direct Loan) William D. Ford loan or a Federal Loan Program loan for Canada. family education (FFEL) when you received a direct loan on or after July 1, 2014. “

If you are not a new borrower as of July 1, 2014, your payments are generally capped at 15% of your discretionary income. However, no matter when you take out your loans, your monthly payments will never exceed what you would pay with a standard 10-year repayment term.

You can estimate your monthly payment under an IBR plan by visiting our IBR calculator. Because your income or your family size may change, you will need to renew your certification each year, so your payments may go up or down over time.

Forgiveness through IBR

Borrowers who enroll in IBR plans are also eligible for waiver of their student loan. If your payment is capped at ten% of your discretionary income, any remaining loan balance will be canceled after 20 years. If you are qualified for the 15% ceiling, you will be entitled to forgiveness after 25 years. Your loan manager will track your eligible payments and notify you when you get closer to loan cancellation eligibility.

Any canceled loan balance will be treated as taxable income, so you may need to pay taxes on the amount depending on your tax situation.

>> Read more: When will I be taxed for canceling a student loan?

Am I eligible for the IBR?

To be eligible for IBR, your monthly loan payments must be less than what you would pay with 10 years or reimbursement via the standard reimbursement plan.

You must also demonstrate at least partial financial hardship, defined by the Department of Education as a “circumstance in which the annual amount owed on your eligible loans exceeds 15% the difference between your adjusted gross income (AGI) and 150% of the poverty line for your family size in the state where you live.

However, not all federal student loans are eligible for IBR. Here are the eligible loans:

If you have a Parent PLUS loan, you will not be eligible for IBR.

IBR vs other IDR plans

Since there are several types of income-driven repayment plans out there, it’s easy to go wrong. For example, many people use “IBR” and “IDR” interchangeably, but they are not the same thing.

Income-Based Repayment is the umbrella term used to refer to four different types of repayment options for federal student loans. IBR is one of those payment plans, but you can sign up for three other plans. Let’s take a look at how IBR compares to each of these plans.

IBR vs PAYE

Only existing since 2012, Pay As You Earn (PAYE) is one of the newer IDR plans. In many ways, it is similar to IBR, although less flexible.

PAYE caps your monthly payments at ten% of your discretionary income over a repayment period of 20 years. However, you must be a new borrower to qualify and demonstrate financial difficulty. You will only be eligible if you received a direct loan disbursement after October 1, 2011.

IBR vs. REFUND

Revised Pay As You Earn (REPAYE) has only been available since 2015, making it the newest IDR plan available. REPAYE caps your monthly payments at ten% of your total discretionary income. Borrowers are eligible for a loan forgiveness after 20 years for undergraduate loans and 25 years for graduate loans.

However, you do not need to demonstrate financial need to be eligible for the REPAYMENT plans, and there is no deadline for when you take out your first loans.

IBR vs. ICR

Income Based Repayment (ICR) is the only IDR plan that accepts Parent PLUS loans. However, they must be consolidated in a Direct Loan. Like REPAYE, you do not need to demonstrate financial need to be eligible for ICR.

With ICR, you will pay either 20% your discretionary income or the amount you would pay under a 12-year fixed repayment plan.

What are the advantages of IBR?

If you’re struggling to make your monthly student loan payments, IBR might be an option for you. Here are some of the benefits you can expect:

  • Affordable payments: Depending on your discretionary income, enrolling in IBR could lower your monthly payments by hundreds of dollars. It could add a lot of wiggle room to your budget each month.
  • Loan discount: IBR enrollment guarantees that your loans will be canceled after 20 to 25 years.
  • Flexibility: If your situation suddenly changes, you can change your plan at any time. But if you stick with the IBR, you’ll never pay more than with a standard repayment plan, no matter how much your income increases.

What are the disadvantages of IBR?

10-year extension of payments up to 25 years means you’ll pay less money each month, but more over the life of your loan. In fact, you could end up paying thousands of dollars in additional interest by the time your loan balance (if any) is written off.

You are also not completely off the hook once your loans are canceled. The government considers debt forgiveness taxable income, so you could end up with a hefty tax bill. Of course, both of these things can be worth it if you really can’t afford your current monthly payments.

You’ll also want to keep in mind that the IBR is only available for federal loans. If you have private student loans, you will need to look for other solutions to handle these payments.

There are pros and cons to registering with the IBR. So how do you know if it’s right for you? Start by determining your discretionary income and what you can afford to pay each month.

If you can afford the standard repayment plan, this might be the best alternative as you will save a lot of money in interest by paying off your loans in fewer years. However, if you need the monthly savings IBR has to offer, this may be the right choice for you.

Make sure you understand the tax implications and how it will affect you. Twenty years from now it may seem like a long time, but few people appreciate a big or unexpected tax bill.

Remember that there are other options as well. For example, if you have both federal and private loans – and you have good credit and / or a willing, qualified co-signer – you may want to consider refinancing instead. Refinancing can be a good way to consolidate all of your loans into one lower monthly payment.

>> Read more: The Best Places to Refinance Student Loans

Final result

IBR is one of four income-based repayment plans offered by the Department of Education. One of the advantages of IBR is that you never have to worry about paying more than the standard repayment plan. Once you are registered with IBR, you have the freedom to switch to another plan at any time. Overall, IBR can give you the flexibility you need and a monthly payment amount that you can afford.


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What’s the best way to pay? https://stansmithloans.com/whats-the-best-way-to-pay/ https://stansmithloans.com/whats-the-best-way-to-pay/#respond Tue, 27 Jul 2021 07:00:00 +0000 https://stansmithloans.com/whats-the-best-way-to-pay/ Student loan borrowers have a variety of options when it comes time to start paying off their loans. Federal student loans offer the most flexibility, while the choices with private student loans are more limited. The best way to repay will depend on the type of loan you have, how much you owe, and your […]]]>

Student loan borrowers have a variety of options when it comes time to start paying off their loans. Federal student loans offer the most flexibility, while the choices with private student loans are more limited. The best way to repay will depend on the type of loan you have, how much you owe, and your financial situation after you graduate. This guide explores your current choices.

Key points to remember

  • Federal and private student loans offer several repayment options, with federal loans offering the most flexibility.
  • Some repayment plans allow you to make smaller payments over a longer period of time, although that could mean paying more interest in total.
  • Many federal plans base your payments on your income.

Federal student loan repayment options

There are several repayment plans that you may be eligible for if you have federal student loans. Here is how they compare. A note: So far the civil service loan forgiveness program has rejected the majority of applicants, so be aware that choosing a repayment plan that is a good option for the program does not guarantee that your loans will be forgiven.

1. Standard repayment plan

  • Who is eligible: All borrowers.
  • How it works: Payments are fixed, with loans being repaid over a 10-year period.
  • Who it’s good for: Borrowers who wish to repay their loans as quickly as possible in order to minimize interest charges.
  • For whom it is not good: Borrowers interested in remitting civil service loans.

2. Progressive repayment plan

  • Who is eligible: All borrowers.
  • How it works: Payments start lower and then gradually increase, with loans being repaid in full over a 10-year period.
  • Who it’s good for: Borrowers who expect their income to increase over time and want to pay off their loans as quickly as possible.
  • For whom it is not good: Borrowers interested in remitting civil service loans.

3. Extended repayment plan

  • Who is eligible: All borrowers, although federal Direct loan borrowers and Federal Family Education Loans (FFELs) owe more than $ 30,000.
  • How it works: Payments can be fixed or progressive, with loans being repaid in full over a period of up to 25 years.
  • Who it’s good for: Borrowers who have larger loan balances and need a smaller monthly loan payment.
  • For whom it is not good: Borrowers who are interested in forgiving public service loans or who wish to pay as little interest as possible on their loans.

4. Pay As You Earn Reimbursement Plan (PAYE)

  • Who is eligible: Borrowers who received a direct loan disbursement as of October 1, 2011.
  • How it works: PAYE takes monthly payments at 10% discretionary income, but never exceeds what you would pay on a standard repayment plan.
  • Who it’s good for: People who need a low monthly payment and / or who are interested in the forgiveness of civil service loans.
  • For whom it is not good: Borrowers whose income fluctuates greatly from year to year.

5. Reimbursement plan revised as and when earnings (REPAYE)

  • Who is eligible: Any Direct Loan borrower with an eligible loan. Parent PLUS loans, for example, are not eligible.
  • How it works: Your monthly payments are set at 10% of your discretionary income.
  • Who it’s good for: Direct loan borrowers who need a low monthly payment and don’t mind paying more interest over the life of the loan compared to a standard repayment plan. Also those interested in the forgiveness of civil service loans.
  • For whom it is not good: Married couples who file a joint return and have a higher combined income.

6. Income Based Repayment Plan (IBR)

  • Who is eligible: Borrowers with Subsidized and Unsubsidized Direct Loans, Federal Stafford Subsidized and Unsubsidized Loans, Student PLUS Loans, and Consolidation Loans, but no PLUS parent loans. Borrowers must also have high debt relative to their income.
  • How it works: Monthly payments are either 10% or 15% of discretionary income, depending on when you borrowed, but never more than what you would pay with a standard 10-year repayment plan. After 20 or 25 years of installments, you will be eligible for the civil service loan forgiveness.
  • Who it’s good for: People with high debt balances who need lower monthly payments due to lower income, as well as anyone interested in forgiving civil service loans.
  • For whom it is not good: Borrowers who can afford to spend more than 10% or 15% of their income on repayment each month and pay off their loan faster.

7. Income-Based Repayment Plan (ICR)

  • Who is eligible: Any Direct Loan borrower with an eligible loan. Parent PLUS loans, for example, are not eligible.
  • How it works: Monthly payments are 20% of discretionary income or the amount you would pay over 12 years with a fixed payment based on your income, whichever is less.
  • Who it’s good for: Borrowers who can afford to spend more of their monthly income on loan repayment, but not the amount required by a standard repayment plan. Also those who are interested in the delivery of civil service loans.
  • For whom it is not good: Borrowers who owe something other than direct loans or married couples who file jointly and are in a higher tax bracket.

8. Income-based repayment plan

  • Who is eligible: Federal Family Education Loan borrowers.
  • How it works: Monthly payments are based on annual income, with loans being repaid in full over 15 years.
  • Who it’s good for: FFEL borrowers who want a lower monthly payment than they would get with a standard or progressive repayment plan.
  • For whom it is not good: Borrowers interested in remitting civil service loans.

The Department of Education suspended interest and monthly payments on student loans held by the federal government until January 31, 2022. The US bailout package passed by Congress and signed by President Biden in March 2021 also includes a provision that the student loan forgiveness issued between January 1, 2021 and December 31, 2025, will not be taxable to the beneficiary.

Which Federal Student Loan Repayment Option Is Best?

The answer to this question may be different for each borrower. “Student loan repayment is not universal, but the majority of people are just trying to pay off their debt normally,” said Shann Grewal, vice president of IonTuition. “When borrowers aren’t looking for a repayment plan that best suits their situation, it has disproportionate impacts.”

Your choice of plan can affect other financial decisions you make. If you commit, for example, to a standard 10-year repayment plan based on the salary you earn at your first job after college, it could influence your future career path if you decide to stay put until that the loans are repaid. Your loans can be canceled, but in the meantime you might miss out on opportunities to increase your salary or advance professionally.

It’s also important to keep income-driven repayment plans and their usefulness in perspective. Choosing an income-based repayment plan can depend on several factors, including what you earn now and your future income potential.

“Some students will immediately enter the workforce with a well-paying job, while others will have to progress,” said Lena Chukhno, general manager of student loan refinancing at Earnest. Other variables that come into play include the amount of debt and whether you plan to go back to school for a graduate degree at some point.

Chukhno says it’s important to consider long-term goals when choosing a student loan repayment plan. “You can always refinance your loan down the line if things change, but it’s best to start on the right note so you don’t have financial problems. ”

Eligibility for the PAYE, REPAYE, IBR and ICR reimbursement plans is not guaranteed from year to year. Your eligibility and your payment amounts are recalculated each year, based on your household income and family size.

Private student loan repayment options

Private student loans generally offer less choice for borrowers. These include:

  • Immediate refund: Principal and interest payments begin as soon as your loan is disbursed.
  • Interest payments only: You make interest payments only while you are in school, and then you start paying principal and interest after you graduate or are no longer enrolled part-time.
  • Fixed payments: You pay a small, fixed amount while in school and then start making larger regular payments once you drop out of school or fall below part-time enrollment status.
  • Full adjournment: You pay nothing while you’re enrolled in school and start paying interest and principal within a specified time after leaving school.

Depending on your lender, you may be eligible for a deferment or forbearance period if you are unable to meet your regular loan payments. But this usually requires financial hardship and is not offered by all lenders.

If you have private student loans, it’s important to do the math to find out what the various repayment options will cost you in interest over the life of the loan. You may also want to consider refinancing your private loans if this allows you to qualify for a lower interest rate. This can save you money on interest during the repayment term. Refinancing a student loan usually involves a credit check, so if you don’t yet have a strong credit history, you may need a co-signer to qualify. Finally, if you’re having trouble managing your monthly payments, contact your lender as soon as you can and see what can be worked out.

The bottom line

If you have student debt, take the time to learn about your repayment options. Ideally, this is something you do before graduation so that you have an idea of ​​what repayment plan you want to start with. If you choose an income-driven plan, reassess your finances annually to see if another repayment option might be better at saving money on interest charges.


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Contact BNMTelelink for assistance with loan repayment https://stansmithloans.com/contact-bnmtelelink-for-assistance-with-loan-repayment/ https://stansmithloans.com/contact-bnmtelelink-for-assistance-with-loan-repayment/#respond Tue, 20 Jul 2021 00:03:16 +0000 https://stansmithloans.com/contact-bnmtelelink-for-assistance-with-loan-repayment/ KUALA LUMPUR: Bank Negara urged the public to contact BNMTelelink if they have any problems with requests for loan repayment assistance or difficulty contacting their respective banks. The central bank said that if borrowers had difficulty with their banks or if their payments increased unreasonably, they could contact BNMTelelink at bnm.my/RAsurvey to file their complaints. […]]]>

KUALA LUMPUR: Bank Negara urged the public to contact BNMTelelink if they have any problems with requests for loan repayment assistance or difficulty contacting their respective banks.

The central bank said that if borrowers had difficulty with their banks or if their payments increased unreasonably, they could contact BNMTelelink at bnm.my/RAsurvey to file their complaints.

At the same time, Bank Negara, through a post on its official Instagram page, advised all parties to follow existing guidelines to help them make sound and appropriate decisions regarding the six-month standstill assistance. provided.

The Bank Negara guide says the public must consider five steps – understand, consider, ask, assess and act – in deciding whether to choose moratorium aid.

Previously, Bank Negara issued a statement that individual borrowers and micro, small and medium enterprises (MSMEs) affected by the Covid-19 pandemic could request a six-month moratorium starting July 7, 2021.

“Consider your current situation and make a wise choice to go for a six-month moratorium.

“Borrowers could contact their banks to reduce installment payments, continue to service their loans, or contact the Credit Management and Advisory Agency (AKPK) via services.akpk.org.my,” he said. he declares.

Bank Negara advises the public to inquire with the bank about the total monthly payment after the end of the moratorium assistance, the amount of interest / profit that will be charged on the deferred monthly payment, if the loan / financing period will be extended. and how long, as well as whether it is necessary to make an additional payment immediately after the end of the assistance.

“You should also ask the bank what will happen to the aid that is received if you are on existing repayment aid,” Bank Negara said.

He added that banks are required to provide borrowers with information on how the amount of payments and the duration of funding will be affected.

When a borrower requests to maintain lower installments (instead of the initial installments) after the moratorium, that would lead to an extension of the loan term, he said.

The central bank also said that interest will continue to be charged by the bank on the amount of the deferred payment and that no “interest on interest” or late payment penalties will be charged during the moratorium period.

Bank Negara also urged the public to contact the AKPK via services.akpk.org.my for advice or other repayment assistance options, as well as free advice from licensed financial planner SmartFinance of Malaysia Financial Planning Association via bit.ly/3js5zrm. – Bernama


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