Sentences with phrase «back existing debts»

It can free you from your personal liabilities to pay back the existing debts.
Venezuela is obliged to supply Russia and China with the lion's share of its output to pay back existing debts.
Imagine if they offer 3 of these coins to China to pay back the existing debt.

Not exact matches

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
What the Fed is going to do, according to its statement, is maintain its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage - backed securities.
In the circumstances, one might seriously question Greece's ability to pay back any of its existing debt (about $ 320 billion), never mind yet another bailout.
If you've calculated yours and are above this number, hold back on applying for a loan and work on paying off your existing debt.
«Our Farm Business Concessional Loans enable farmers to refinance existing debt, fund normal operations and bankroll activities to increase productivity to build their businesses back up,» Minister Joyce said.
Mr. Speaker, Government streamlined ESLA flows to accommodate all the existing legacy debts (about GH cents 10 billion) owed by the energy sector firms to banks and suppliers, and took steps to issue an ESLA - backed bond to pay off these debts.
Secondly we also need to recognise that whoever wins the leadership campaign needs to be someone able to draw the party back from bankruptcy, raise enough money to cover the party's existing debts, be able to hopefully convert the loans to donations, and to raise enough money to fight Lord Ashcroft's millions come the next election.
The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage - backed securities in agency mortgage - backed securities and of rolling over maturing Treasury securities at auction.
Deputy governor Carolyn Wilkins says data backing the soft landing scenario includes a slowdown in housing starts, cooling in the construction of condos and the plateauing of household debt ratios, although at levels near those that existed prior to the U.S. meltdown in 2008.
The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage - backed securities in agency mortgage - backed securities.
An obituary or notice of a business closing will back up any claim you make that the person or business to whom you owed the debt no longer exists.
«Many people go years adding new back taxes to their existing debt, figuring that the IRS can't be all that upset,» says Parent.
«Reliable sources of statistical information do not exist with respect to the default rates for many of the types of collateral debt securities eligible to be purchased by the Issuer,» say both the 2005 and 2006 CDO prospectuses backing commercial paper held in the funds.
If you've calculated yours and are above this number, hold back on applying for a loan and work on paying off your existing debt.
Debt Consolidation (synonyms: debt consolidation loan, credit card consolidation and consolidated loan)-- refers to a loan that is used to pay existing debt — then leaving the borrower with a single loan to pay bDebt Consolidation (synonyms: debt consolidation loan, credit card consolidation and consolidated loan)-- refers to a loan that is used to pay existing debt — then leaving the borrower with a single loan to pay bdebt consolidation loan, credit card consolidation and consolidated loan)-- refers to a loan that is used to pay existing debt — then leaving the borrower with a single loan to pay bdebt — then leaving the borrower with a single loan to pay back.
«If you reuse the existing, newly paid - off credit cards and end up back in the same debt, then you're actually in debt twice over,» says Ulzheimer.
Since the debts will still exist, there is a chance they can be sent back to the original creditor or taken over by another collection agency where the disputing process will continue
Alternatively for those refinancing their home a cash back can be used to cover the cost of a mortgage penalty from the existing lender or other debt payments.
The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage - backed securities in agency mortgage - backed securities and of rolling over maturing Treasury securities at auction, and it anticipates doing so until normalization of the level of the federal funds rate is well under way.
The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage - backed securities in agency mortgage - backed securities and of rolling over maturing Treasury securities at auction.
When the creditor verifies the debt does exist (and the potential bad payment history) it will simply go back on your credit report.
For the time being, the Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage - backed securities in agency mortgage - backed securities and of rolling over maturing Treasury securities at auction.
Put simply, lenders want to know that you'll have enough money left over every month after paying existing debts to pay them back as well.
Not only is the Discover it card great for earning cash back, but it's also an excellent tool for paying down existing debt due to its 18 - month balance transfer offer.
Bankruptcy law exists to help people who became overwhelmed by debt to have some breathing room and get their lives back in order.
Despite the crippling debt that student loans can cause (the average Class of 2016 graduate has more than $ 37,000 in existing loans), income - driven repayment plans are, on the whole, one way to prevent borrowers from overextending themselves (or not paying at all) while ensuring that the government gets back the money they've loaned.
Companies are using the capital to clean up their balance sheet, improve their credit rating by paying down existing debt, or put that money back into the business to boost sales performance.
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