Sentences with phrase «auto debt continued»
Auto debt continued its upward climb during the third quarter of 2015, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit.
https://www.newyorkfed.org/ Not exact matches
Meanwhile, delinquency flows for other non-housing debt increased modestly, and in particular, the upward trend for auto loans in recent years continued.
Last quarter, Chrysler spent $ 504 million paying down debt from the United Auto Workers» Retiree Medical Benefits trust (UAW VEBA), and another $ 672 million as part of an agreement with the UAW to continue several of Chrysler's engine manufacturing programs.
When reaffirming your auto loan, the bankruptcy court is allowing you to exclude this debt from the bankruptcy, meaning you can keep the car and continue to pay under the original or newly negotiated terms.
He now plans to make a lump payment toward the auto loan and refinance it for a better rate and lower payment, as his credit score continues to increase since finishing his debt management plan.
As the cost of college continues to rise, student loan debt has surpassed credit card and auto loan debt.
In order to be confirmed by the court, the debtor must prove sufficient income to support a 3 - 5 year plan wherein payments on secured debt such as mortgages and auto loans (including arrears) and non-dischargeable items continue and unsecured creditors typically get paid a small portion of their debts.
For example, recent data suggest mortgage and credit card debt continues to decline, while auto and student loans are on the rise.
However, since the first quarter of 2011, the amount of auto loans outstanding has begun to increase while the level of credit card debt outstanding continues to decline.