Sentences with phrase «bad debts on»

One would assume when paying off bad debts on your credit report, the credit scores would always increase.
«Saving the economy» has become a euphemism for the policy of keeping bad debts on the books and saving high finance from writing them down to reflect the realistic ability to pay.
Banks are likely to end up with bad debts on their books again.
First, too much bad debt on their books can have their financial standing look negative.
The part of the debt that was waived will appear as a bad debt on your credit report.
You may owe income tax on that forgiven debt and it will be reported as a bad debt on your credit report for the next seven years.
In addition, HOA boards of directors have been able to reduce their expense - line item for bad debt on their budgets, which indicates an overall improvement in the financial health of HOAs in California,» says Karen Conlon, president and CEO of the California Association of Community Managers.

Not exact matches

A growing number of the clients we see have all the trappings of a middle class lifestyle — they're gainfully employed, own a home and from the outside seem fiscally responsible — but it's built on a foundation of debt and bad financial decisions.
As a licensed insolvency trustee firm, our practice is on the front lines of Canada's household debt binge and the bad personal finance habits that ensnare so many people.
The kicker is this: Dalio says the divide will only get worse in the next 5 to 10 years, both because of a demographic squeeze that puts stress on pension, healthcare, and debt promises; and because of the effects of technological change on employment and wealth.
And while debt consolidation is an effective strategy if consumers don't fall back on bad habits, Terrio says recidivism is a problem.
China is engaged in an elaborate shell game to hide a mountain of bad debts piling up on the balance sheets of its banks, developers and state - owned enterprises.
And while business travel in Western Europe has been on the slower side, as Spain, Italy, Portugal and Greece have struggled with crippling debt, the GBTA says the worst is over and expects business travel in those regions to begin picking up.
«In terms of educating my clients about good versus bad debt, one thing I tell them is that good debt is deductible on your tax return,» Tydlaska said.
«If the deceased had bad credit card debt or is upside down on a loan, the entire IRA could be used up,» said certified financial planner and estate lawyer Austin Frye, founder and president of Frye Financial Center.
India, Brazil and China all expressed misgivings about the original bailout in 2010 and - on the basis of the debt sustainability analysis - will see the latest plan as throwing good money after bad.
The way it works is Strike Debt raises money via donations and then uses the proceeds to buy bad debts being sold at discount, typically pennies on the dollar.
But taking on some debt is not always a bad thing,» Cesarini says.
What's more, if a customer skipped out on its bills, 50 % of the bad debt was charged against the agent's commissions.
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.
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.
Crockett, who is bullish on SeaWorld, notes that even if things get much worse, the company has a portfolio of properties that, in its IPO filings, was valued at $ 5 billion; that's more than two times the current value of its market cap and debt.
The geopolitical risks that have been swirling around the globe this year are as bad, or worse, than the prospect of Greece defaulting on its debt, and yet, the European debt crisis regularly pummelled markets.
Another concern is the results of last weekend's regional elections, the worst showing in thirty years for Spain's ruling party, and the risk that this will lead to the discovery of higher debts accumulating on the part of Spain's municipalities.
On the other hand, it's a bad situation when a company can only raise money by issuing debt.
And this will get worse: Only $ 100 million in retail debt came due this year, but there's $ 1.9 billion next year and $ 5 billion on average due between 2019 and 2025.
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).
He was also forced to clean up other messes, including bad bets on U.S. subprime mortgages and structured debt that cost the bank more than $ 10.7 billion in writedowns from 2007 to 2009, the most of any Canadian lender during the financial crisis.
See if a partner or family member who has good credit is willing to cosign the loan and you'll have a better chance of approval on debt consolidation loans for bad credit.
It's tempting to buy things for your soon - to - be new home, but it's a bad idea to take on extra debt to do it.
The downside of a P / E is that it is based on historic earnings, and that those earnings could be low for a specific and not - to - be-repeated event (for example, a bank taking bad debt provision, or san oil company paying compensation for environmental issues).
Where possible, eliminate your reliance on credit cards, gradually pay down bad debt, and start to free up unnecessary expenditures.
Much like the buildup of plaque deposits in human veins and arteries, an accumulation of debt gained momentum exponentially until the economy crashed, wiping out bad debts — along with savings on the other side of the balance sheet.
Insolvent homeowners in Europe face a lifetime of literal debt peonage to make the banks (even foreign banks, which dominate Central Europe's post-Soviet economies) whole on their bad debts as the continent's real estate prices are plunging even more steeply than those in the United States — some 70 percent in Iceland and Latvia.
That figure, which comes out to a combined 360 billion euros ($ 401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.
A slowing Chinese economy might be good or bad for the world, depending on how it affects the relationship between domestic savings and domestic investment, and this itself depends on whether Beijing drives the rebalancing process in an orderly way or is forced into a disorderly rebalancing by excess debt.
The Treasury is taking responsibility for making bad lenders and bad investors whole, but leaving bad debts and even Negative Equity on the books and even putting the government in the position of «debt collector of last resort.»
Bad debts have been a drag on economic activity ever since the financial crisis of 2008, but in recent months, the threat posed by an overhang of bad loans appears to be risiBad debts have been a drag on economic activity ever since the financial crisis of 2008, but in recent months, the threat posed by an overhang of bad loans appears to be risibad loans appears to be rising.
The result for the six months to March 31 was slightly ahead of consensus forecasts, on the back of a lower charge for bad debts, as credit conditions remained highly favourable.
And companies can't take on more debt, nor can states and cities because they're being badly squeezed by falling tax revenues and rising pension plan shortfalls.
The Importance of Profit and Loss Information Profit and Loss Statement Cash Flow Gross and Net Profit What Should Your Profit Mark - Up Be Vanity or Sanity - Sales or Profit Getting Paid on Time Chasing a Bad Debt The Art of Negotiation Examples of Negotiation Successful Tips on Negotiation
HPFS gross margin decreased for the three and nine months ended July 31, 2011 due primarily to lower portfolio margins from a higher mix of operating leases and higher transaction taxes, the effect of which was partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.
The increasing focus on operating earnings encourages investors to ignore debt and bad investments until it's too late.
If you keep an eye on your debts and make some of these smart financial moves, you'll put yourself in a position to avoid the worst of rising interest rates.
But what about folks with bad credit, or have taken on more debt since taking out the initial loan?
Wage arrears are getting worse, because as Ukraine approaches the eve of defaulting on its $ 10 + billion London debt, kleptocrats and business owners are jumping ship.
The decrease in gross margin was the result of lower portfolio margins from a higher mix of operating leases and higher transaction taxes, partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.
As much as paying off debt is important, if you won't be able to pay off all your debt, you can use the deductibility you have from some to save on taxes and create an income to pay off the high - interest or bad debt.
An amazing discussion that kicked off with big deal of the week, Walmart snapping up Jet.com for $ 3b, that crackled on to Google, the government, anti-trust, the entire U.S. debt problem, the Chinese Market, the very future of energy (featuring, naturally, Elon), and the latest in startup CEOs behaving badly.
a b c d e f g h i j k l m n o p q r s t u v w x y z