Sentences with phrase «accrue debt while»

These bodies have been accruing debts while waiting for their funding.

Not exact matches

In the multiple models we ran for paying off three credit card balances, we found it's better to use a combination of both the snowball and avalanche methods; that allows you to pay off debt rapidly while accruing less interest overall.

While this period gives debtors a sufficient amount of time to straighten out their finances, it can also be a time when the debt, if left unpaid, rapidly accrues interest.

The increase in the NID in the second half of 2004 was driven by an increase in income accruing to foreigners on their debt and equity investments in Australia, while returns received on Australian holdings of foreign assets remained broadly unchanged (Graph C2).

The former governor is being accused of looting state funds while in office, the latest of the allegations being the $ 24 million that accrued to the state as debt refunds from the Paris and London clubs.

Rogers, an engineering doctoral candidate at the University of Michigan, also benefited financially by not adding to the debt he accrued while doing his master's in chemical engineering at Northeastern University.

«An electrical apprenticeship is a rigorous and academically demanding training programme which lasts longer than a first degree, but allows the apprentice to secure skills which are in high demand and to earn while they learn without accruing any student debt.»

While this period gives debtors a sufficient amount of time to straighten out their finances, it can also be a time when the debt, if left unpaid, rapidly accrues interest.

Compounding interest causes these debts to increase in value quickly, especially if no payments are made on the loan while interest continues to accrue.

MBAs in particular aren't afraid to accumulate debt, taking out large home and auto loans while accruing the most credit card debt.

If you only make the minimum payment on your credit cards, it could take months, years, or even decades to pay off your debt, all while accruing more interest than your initial principal.

This can make it easier to pay off what you owe, while still working to pay down the debt that has already been accrued.

While this will often lead to a timely payoff or reduction in debt, in most cases, finance charges continue to accrue and the responsibility of paying that debt is not resolved.

While graduating from college with no debt is highly unlikely, there are things you can do to minimize the amount of debt you'll accrue over the years.

Paying off interest while you're still a student can stop interest from accruing and keep your debt balance down.

While this card could be used to help pay off debt you may have accrued on other cards thanks to its interest - free balance transfer offer, you should keep in mind that you'll be charged a 5 percent transfer fee.

Given that interest continues to accrue on that debt while students are still in the process of completing their residencies, that amount can increase even further.

While you're freely spending your clothing allowance, you are accruing interest on your debt.

School is very expensive, and you can't acquire assets while accruing debt to attend.

A higher credit limit might save you for a few months, but you'll end up even worse off due to the high interest debt that you're accruing while your financial situation continues to spiral out of control.

Curnow accrued her massive debt while earning a bachelor's degree in English and a master's degree in English language and literature at the University of Michigan - Flint.

The NCLC concluded that debt settlement companies use «a business model that is inherently harmful to consumers» because consumers are required to pay high fees for debt settlement programs that they are unable to complete, resulting in increased collection efforts and growing debts while their creditors continue to pile on fees and interest accrues.

The minimum repayments model as opposed to a fixed repayments model leaves consumers in debt for longer, all the while accruing more interest on their balance with the cardholder also making more monthly repayments.

While we both earned our MBAs, our student loan interest continued to accrue and our total burden of debt peaked in May 2013 to almost $ 150,000 — essentially the average American mortgage loan, without the house!

Comments: One commenter stated that loan debt incurred by a medical school graduate increases because interest accrues while the student is in a residency period and that this additional debt would affect D / E rates.

While on a debt settlement program late fees and interest may accrue, but when it comes time to settle your debt the past due charges and interest get mitigated into the settlement.

While this card could be used to help pay off debt you may have accrued on other cards thanks to its interest - free balance transfer offer, you should keep in mind that you'll be charged a 5 percent transfer fee.

And while flexible spending credit cards generally don't report the same way as fixed - limit cards, any debt accrued on that card will still be reported to the credit bureaus.

While perhaps easier said than done, it's always best to avoid accruing any kind of debt, regardless of the interest rate you're charged for it, than to rely on credit lines of any kind to see you through an emergency event.

Since the debit card uses your existing checking account to pay for Target purchases, it eliminates the risk of accruing unmanageable debt while still giving you the benefit of the credit card's 5 percent discount and other perks.

If one accepts the root cause of the ills in the world today is the monetary system which enslaves the 99 % in debt while banks continue to accrue yet more wealth and power, an alternative system needs to be developed.

Section 81 of the ESA states that directors are jointly and severally liable for all debts not exceeding six months» wages that become payable while they are directors and for the vacation pay accrued while they are directors for not more than twelve months.

131 (1) The directors of a corporation are jointly and severally liable to the employees of the corporation for all debts not exceeding six months» wages that become payable while they are directors for services performed for the corporation and for the vacation pay accrued while they are directors for not more than twelve months under the Employment Standards Act, and the regulations thereunder, or under any collective agreement made by the corporation.

This allows for money to help the policyholder and his family while he is still alive, rather than having to accrue debt until such time as a life insurance policy pays out at death.

When it comes to earning a living wage and being able to pay back any loans or debt you may have accrued while obtaining your degree, medical assisting may foot the bill.

The proposed $ 4 billion deal with Anbang Insurance Co. would refinance the debt, while forgiving the majority of a second tier of loans known as a «hope note,» where much of the interest on the debt has accrued, according to the refinancing agreement.