Sentences with phrase «back debt on»

People with excellent credit scores are generally seen as the ideal borrower because they've proven over a long period of time with many different accounts that they can pay back their debt on time and in full.
Typically, you'd need proof of income and payment history to release a cosigner, in order to show the lender that you can sufficiently pay back the debt on your own.
You do personally guarantee that you'll pay back debt on your business credit card, but Chase still needs to do its due diligence.
For consumers with a large amount of debt on revolving lines of credit, such as credit cards, a loan can also help them pay back that debt on a set schedule.
This helps companies carry out ID checks to make sure you are who you say you are, and it also helps them decide how risky it is to lend you money, based on whether you've paid back debts on time in the past.
Like many other forms of credit, these options require you to pay back your debts on time through monthly or bimonthly repayments.
As the interest rate is fixed the loan can make financial planning easier and increase your chances to pay back all your debts on time.
In general, if you can afford to pay back your debts on your own by paying more than the minimum payment every month without hardship, it's probably the best route.

Not exact matches

Asked about China's «Belt and Road Initiative,» he said developing countries need to take a careful look at projects backed by the program and avoid taking on unsustainable debt.
In many situations, the factor will insist on «recourse» — the right to sell the invoice back to you at face value if the debt goes unpaid beyond, say, 90 days.
Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.
Long - suffering shareholders see potential as the company focuses on shedding debt and getting back to gold
And while debt consolidation is an effective strategy if consumers don't fall back on bad habits, Terrio says recidivism is a problem.
A few years back, I was on the hook for about $ 4,000 — a mix of medical expenses, along with some credit card debt.
D'Alessandro counters that such poor international performance is more likely because of a lack of leadership, a problem extending back to the less - developed - country debt crisis of the late 1970s, when many developing countries defaulted on their bank loans.
To stay motivated and on track to pay back his debt as quickly as possible, Sall utilized the snowball method, which targets the smallest debts first.
Pay your debts back on time and in full, and keep your credit utilization to under 25 %.
Looking back, I wish I never would have taken on any debt at all, because it would have forced me to be wiser from day one.
Military rule will certainly not improve the nation's 8 % - of - GDP budget hole or its 72 % - of - GDP debt load, which is already well beyond the point that pushed Argentina to default on its international debt obligations back in 2001.
Buffett, on his part, has disdained private equity's method of investing, which often adds value to a company by piling on debt, and slashing expenses before turning it back on the market.
You don't have to sell your property, and you might have to pay back some of your debts only partially — depending on what you can afford, according to Nolo.
«Save more when you get a raise, when you pay off debt, or cut back on dining.»
With such an enormous valuation gap and such a massive amount of cash on the balance sheet, we find it difficult to imagine why the board would not move more aggressively to buy back stock by immediately announcing a $ 150 Billion tender offer (financed with debt or a mix of debt and cash on the balance sheet).
After the recession, the country spent trillions on infrastructure projects, with many banks, including unregulated or «shadow» banks, loaning money to companies that have been unable to pay back their debts.
First, the European debt crisis is a bit more complicated than Greeks going on a borrowing binge backed by German credit.
«He's walked back his comments on defaulting on debt — but the fact that they even trickled out of this mouth shows that he's a f — ing idiot when it comes to macroeconomics,» he added, one of several lines that got laughter and applause.
Given the softening economy in the latter half of last year and first months of 2013, Finance Minister Jim Flaherty's target of getting back to balance by 2015 — after piling up $ 172 billion in debt in eight years — will depend on three assumptions all coming to good.
The basic problem is that during each recession, governments increase their debt load to stimulate the economy and maintain (or even increase) services, but rarely cut back on their debt loads or services during the prosperous times — creating a long - term upward trend in indebtedness that Tony Boeckh of The Boeckh Investment Letter calls the «debt supercycle.»
On the other hand, another survey by Bank of America and Merrill Lynch showed that 65 % of firms polled said they would use the new gains to pay down debt, 46 % would buy back stock, and just 35 % would spend on capital expenditureOn the other hand, another survey by Bank of America and Merrill Lynch showed that 65 % of firms polled said they would use the new gains to pay down debt, 46 % would buy back stock, and just 35 % would spend on capital expenditureon capital expenditures.
At the last review in May 2014, Greece's public debt was assessed to be getting back on a path toward sustainability, though it remained highly vulnerable to shocks.
«A lot of people were allowed to take on debt with little or no prospect of paying it back,» Porter says.
If Greece votes No and leaves the euro, defaulting on all its debt, then Germany won't get back a huge sum of money it has used to finance Greece, The Telegraph reports:
But on July 2, the IMF released this report in which it admits that there was no way Greece could ever pay back its debt, vote or no vote.
If you wait, you may not be able to get them back on track and might end up with more bad debts write - offs than you can afford.
In three rounds, the last of which concluded in 2014, the central bank credited itself with funds that it then used to buy debt — Treasurys and mortgage - backed securities, the latter in an effort to drive down rates on housing loans during the worst real estate market since the Great Depression.
Despite the increase in debt, households continued to get richer in the third quarter as their net worth gained 2.2 per cent on the back of a strong stock market.
At least, that's what the state - owned banks who backed the round (and whose commercial arms are sitting on billions of bad industrial debt) will be telling themselves, with crossed fingers.
On the other hand, Yellen might decide to hold off scaling back the QE stimulus if the current government shutdown and debt - ceiling battle last long enough to take a sizable toll on the economy or end with a deal that entails more heavy - handed spending cutOn the other hand, Yellen might decide to hold off scaling back the QE stimulus if the current government shutdown and debt - ceiling battle last long enough to take a sizable toll on the economy or end with a deal that entails more heavy - handed spending cuton the economy or end with a deal that entails more heavy - handed spending cuts.
A CEO can have a history of paying back loans, whereas their business could have defaulted on its debts.
(Bloomberg)-- An investment fund that's seeking a payout from the Cuban government on more than $ 1.3 billion in defaulted debt and back interest has hired the lawyer who won a settlement for hedge funds in a long - running legal battle against Argentina.
This is especially true when debt consolidation allows the consumer to better meet their obligations and get back on their feet financially.
Examples of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back on marketing or increasing low - cost advertising (like social media), «rationalization» of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation, refinancing rather than retiring debts, and the share buyback that is insensitive to a company's current stock price.
They've taken on debt to buy back their stock, throwing cash to the wind that should've gone to developing their business.
«I think the I.M.F. raising the debt sustainability issue as clearly as they did, the United States making clear that sustainability had to be dealt with, was a helpful contribution to the conversation, because without dealing with some form of debt restructuring, this problem will just come right back,» a senior United States Treasury official said on Thursday, as Treasury Secretary Jack Lew traveled through Europe.
While Toronto - Dominion is building its U.S. base and Scotiabank is renewing its focus on Latin America and credit - card growth, CIBC has concentrated on wealth management and consumer lending at home, where debt - laden consumers are paring back on borrowing.
«net private sector debt is actually quite low and on par with the 70s» — Stock buy - backs have pushed up debt.
A DTI ratio of 50 % or higher is a bad sign to lenders, as it means you may have trouble paying back your debts (and thus may default on the unsecured loan you're applying for).
Rather than scaling back the U.S. economy's over-indebtedness, for instance, the Treasury and Federal Reserve have bailed out the banks to save them from taking a loss on debt write - downs.
The sooner you're able to pay back debt, the more money you'll save on interest payments.
«We're going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,» Ryan said during an appearance on Ross Kaminsky's talk radio show.»
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