Sentences with phrase «back their debts relative»

Credit scores are assigned based on how an individual pays back their debts relative to everyone else with a credit history.

Not exact matches

Well, let me back up what led to the crisis for those countries have they had too much debt relative to tax receipts.

That is just a little over 4 years, and we can expect a continuation of deleveraging for many years to come - we have a long way to go in order to get back to the levels of household debt relative to GDP or Personal Disposable Income (PDI).

PBO analysis suggests if the Finance (private sector) projections turn out as planned, the government will be back to structural surplus by 2015 and will be in a positive long term fiscal gap position (declining net debt relative to GDP in face of aging aging demographics).

So lowering the total debt (in relative or in nominal terms) and paying back are mostly separate things.

If it was as easy as giving your money or your stuff to your relative, then filing bankruptcy to wipe out your debts, then taking your stuff back, everyone would do that and no one would ever pay any bills.

Val Petrov, PhD, CFA, As a portfolio manager on the Mortgage - Backed Securities team, Val concentrates on development and implementation of relative value models across yield curves (Agency Debt, Treasuries, Swaps) and Mortgage - Backed Securities (MBS) products.

As fixed claims grow relative to equity claims, the economy becomes less flexible, because many are counting on the debts for which they are creditors to be paid back at par.

Credit ratings can also speak to the credit quality of an individual debt issue, such as a corporate note, a municipal bond or a mortgage - backed security, and the relative likelihood that the issue may default.