The model revealed that, even after considering the complexity of rent-to-own contracts and the costs paid by the owner-dealer, implicit interest rates can actually be higher than those estimated with the methodology used by previous researchers, who considered all of rent-to-own payments to be purchase payments
30% calculated on the purchase payments
adjusted for withdrawals (Total Income Value) for both single and joint life payout, and is subject to change on each quarterly anniversary, but will never be less than the minimum charge of 0.
The buyer defers making most or all purchase payments
for the equity until stage two, which is the earlier of a trigger or the contractual back-end date.
The MDA TST bonds are special obligations of the MDA, payable from purchase payments
by the city to the authority, pursuant to a purchase agreement between the two entities.
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The option would enable people who have certain medical conditions, including a history of heart attacks, strokes or Alzheimer's disease, to apply for special medical underwriting, which might result in higher annuity payments or lower purchase payments
than would ordinarily be available.
Will lower or higher purchase payments
ensure better repayment trends?
Many funding companies, he said, made commitments to purchase payments
but did not have the financing to consummate the transaction, leaving their customers without a needed source of liquidity.
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Protective said miles will be awarded for initial purchase payments
and may be awarded for subsequent purchase payments
The bonds are special, limited revenue obligations of the corporation, payable solely from purchase payments
made by the City of Yuma (the city), Arizona to the corporation.
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