Sentences with phrase «annual interest on that debt»

Their debt ratio is 0.47 and they have enough annual income to pay annual interest on that debt 38 times over
Further, it allows Xerox to charge 9 percent annual interest on the debt until it is paid, starting Feb. 1.
We were paying 19 % annual interest on that debt, which was just insane.
Spotify also has to pay 5 % annual interest on the debt, and 1 % more every six months up to a total of 10 %.

Not exact matches

Interest on the debt, at 9 % of annual budget spending, is now nearly half of what the province spends on each year on education and more than one - fifth of what's spent on healthcare.
Just as alarming is that interest on this debt is increasing at an annual rate of 5 %, outpacing spending increases on every other budget item.
Gecamines said in its statement that annual interest rates on Kamoto's debts had reached 14 percent.
Households headed by an employee working for someone else owed $ 5,672 in credit card debt and paid annual interest of $ 843 on credit cards.
You may want to consider other options if you owe more than your annual income in the form of «bad» debt (e.g., high - interest credit cards or payday loans), you simply can not make minimum payments on time, or a debt management plan can't reduce your monthly debt payment to a manageable amount.
A card with a 0 % annual percentage rate period, a low ongoing rate or both can save you money on interest as you pay off credit card debt.
In line with accounting conventions, interest on the National Debt is treated as part of public revenue expenditure, and therefore counts against the annual PSNCR.
Student debt: Require colleges to provide students with the estimated amount of student loans incurred to date on an annual basis, a range of the total payoff amount that includes principal and interest, and the monthly repayment amount they would have to pay.
If the interest rates on your other debt - car or student loan or mortgage - is higher than what you could earn by saving or investing (consider that the average annual inflation - adjusted historical return of the U.S. stock market is just over 6 %), you'd be wise to pay that down first too.
If they are, they can reduce the interest rate on all their credit card debt and their line of credit debt to an annual rate of 9 %.
A lender is likely to calculate your company's debt service coverage ratio, which is defined as your annual net operating income (NOI) divided by your annual total debt service — the amount you'll have to spend paying back principal and interest on your debt.
The end result is one source of debt with a one new annual percentage rate (APR) which saves money on overall interest payments.
And even at that rock - bottom yield, about 16 % of Japan's annual budget is interest on its existing debts.
illustrates that paying down $ 4,000 in credit card debt can impact potential retirement savings by an estimated $ 75,000 — and that number can be even bigger depending on interest rates, payment amounts, and annual salary.
As such, the annual interest rate on a loan or other form of debt is a percentage that describes the yearly cost of borrowing money.
The calculator computes a single flat percentage of income as the monthly payment for both saving and borrowing based on the anticipated college costs, the number of years of savings before matriculation, the number of years in repayment on the loans, the interest rate on savings, the interest rate on debt, current adjusted gross income (AGI) and annual salary growth rate.
No annual fee along with no interest on balance transfers for 21 months makes the card one of the best solutions for anybody struggling with their credit card debt.
You may want to consider other options if you owe more than your annual income in the form of «bad» debt (e.g., high - interest credit cards or payday loans), you simply can not make minimum payments on time, or a debt management plan can't reduce your monthly debt payment to a manageable amount.
The annual interest rate is provided for debt investments while a projected return is provided on equity deals.
APR stands for Annual Percentage Rate, which is the amount of interest charged on a debt.
Xerox has managed to decrease the amount of annual interest paid on its debt from $ 592 million to $ 243 million over the last three years.
the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)
the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education
Processing Fee: $ 125 - only charged if approved Up - front Deposit: None — this is an unsecured card and your credit limit is determined by your credit score and debt - to - income ratio Annual Fee: $ 100 per year - billed @ $ 25 / month for first 4 months Credit: Limit Ranges between $ 1,100 and $ 6,500 depending on your qualifications Reporting: Reports to all 3 bureaus (Equifax, Experian, TransUnion) within 2 weeks Interest Rate: 21 % APR on purchases only (not fees)
Depending on how high the annual percentage rate is on your card, having that debt disappear could save you a decent amount of money in interest.
Its 0 % introductory APR for 15 months and $ 0 annual fee allow you to save on high interest payments and accompanying fees while paying down your debt.
If you are struggling to pay down your credit card debt faster, transfer it to your First Tennessee Platinum Premier Visa ® account and save on an annual fee and accruing interest.
Though you still pay income tax on your initial investment when those dollars are earned, the interest generated by these debt securities is exempt from federal income taxes, so your investment generates annual income tax - free.
We're not suggesting that you should not contribute to savings, but if you compare the annual yields (interest paid) on savings accounts, certificate accounts, and most investments, they'll be less than the annual percentage rates (APR) paid on credit card debt and other unsecured consumer debts.
A borrower may lock in a lower interest rate by applying for credit card consolidation, which would combine his or her debts on the existing high APR (annual percentage rate) cards into a low APR card, or even better, transfer the balance to a zero APR card.
That would normally be plenty for him to live on comfortably but with debt payments of $ 3,444 annually on his $ 100,000 line of credit (just the interest portion) coupled with an annual payment of $ 3,876 on his car loan until 2015, he doesn't see much wiggle room in his budget.
There's little point in chasing 1 % cash - back if you're paying 20 % annual interest on credit - card debt for instance.
If you want a solid credit card with no annual fee that will help you avoid interest on everyday purchases and pay down debt faster, the Chase Slate card is a good choice.
Discussion: We will use the interest rate on Federal Direct Unsubsidized Loans to calculate the annual debt payment for the D / E rates measure for several reasons.
The commenter suggested that the Department either allow institutions to separate debt on interest - bearing accounts from debt on non-interest bearing accounts so the total loan debt and annual payment amounts are more accurate, or provide that institutions may appeal the loan debt calculation.
Those who decide not to sell their homes have to pay the company back at the end of the 10 - year period, similar to a loan, with an annual effective interest rate that's capped at about 15 percent, comparable to rates on some credit cards or unsecured consumer debt.
For example, on a starting balance of $ 2,200 with an annual interest rate of 18 %, your debt would be paid off in 8 years and 6 months if you paid only the minimum balance of 4 % of the initial balance.
A card with a 0 % annual percentage rate period, a low ongoing rate or both can save you money on interest as you pay off credit card debt.
Analysts point to the company's exposure to variable rate debt — which could weaken earnings if interest rates rise — its dependence on acquisitions to maintain its 15 % annual earnings growth rate, and the possibility of retail bankruptcies and store closings.
In looking to close the Capital One cards that have annual fees, they never increase balance and interest rate is not so good... I found that if you have more than one card with them you can close the one not being used, TRANSFER THE LOC for that card to the one you are keeping open (and all debt, etc... would transfer but we had none on any of these) and keep the history.
Those who decide not to sell their homes have to pay the company back at the end of the 10 - year period, similar to a loan, with an annual effective interest rate that's capped at about 15 percent, comparable to rates on some credit cards or unsecured consumer debt.
The estimated maximum annual mortgage payment allowed by the minimum Debt Coverage Ratio requirement implies a different loan amount, depending on the assumptions regarding the interest rate and term of the loan that can be obtained.
The annual interest rate is provided for debt investments while a projected return is provided on equity deals.
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