Sentences with phrase «because interest on that debt»

Keep in mind that this debt consolidation option can save you money, because the interest on the debt should be at a new lower rate than the average of your previous interest rates.

They shouldn't be paying any cash out because interest on that debt is eating profits already and of course the debt is a big risk.

Not exact matches

Canadians ignored warnings from policymakers about piling on debt for years because low interest rates were too enticing.

That said, this is No. 10 on our «get» list, because the interest rate on student debt isn't as onerous as personal credit card debt, but we do find it a bit depressing that our list is bookended by debt!

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

Most people focus on consolidating unsecured debt, such as credit card debt and payday loans, because of the higher interest rates that are charged on these types of debt.

Because your return on investment outpaces your student loan interest charges, it could make more sense to invest than pay off your debt ahead of schedule.

For example, people with lower incomes are likely to be sensitive to interest rate changes because of the potential effects on their employment income and their debt - service costs.

However, other kinds of debt, like the kind from credit cards, can be some of the most expensive and damaging debt we accrue in life because interest rates are generally extremely high and many people get used to spending on things they can't really afford.

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.

That's because paying the debt off sooner means paying less on interest, getting you as close to that original loan amount as possible.

Your credit score has a greater effect on the interest rate for credit cards because credit cards are unsecured debt.

From the perspective of someone interested in making investments with 20 + year holding periods in mind, you need to be careful of owning banks because of the debt to equity levels involved in the investment, you need to be wary of technology companies because they must constantly be innovating to remain profitable and relevant (unlike, say, Hershey, which could stick with its business model of selling chocolate bars for the next century), and retail stocks which are always subject to the risk of a new low - cost carrier arriving on the block.

For some it is just the thought of taking on debt, while others they would rather pay cash because they are averse to paying interest.

The debt is increasing not only because of borrowing, but because of the interest that collects on the principal each year.

And so for example, if you look at U.S. government debt, which is the one almost everyone always talks about, most people aren't sitting there worrying about how much debt does Amazon have, when you look at government debt, interest payments on government debt as a percent of GDP or as a percent of tax revenue, currently because interest rates are relatively low, are very low, are running half, literally half of what they were in the second half of the»80s and the first half of the»90s.

Debt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest raDebt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest radebt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest rates.

Unfortunately, this process had perverse effects, because it enabled cash - strapped consumers to take on more debt for a given level of income, because the interest costs were lower.

sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)

The alternative, issuing bonds and borrowing money, could cost taxpayers $ 4 million more because of interest payments on the debt, park officials have said.

Labour lost because they: a) broke manifold electoral promises b) lied shamelessly to the people and parliament c) engaged in industrial - scale corruption and lame cover - up d) wilfully enraged their newest supporters e) eschewed democracy at every opportunity f) treated the electorate like idiots g) alienated a vast constituency of voters with strong personal interest in the well - being of our servicemen h) inherited the most benign of economies and recklessly maxed out the public debt i) devoted inordinate time and effort to policies based on immature class war antics j) engaged in open internal dissent while being too cowardly to take any definitive action k) offered a wholly negative electoral campaign Unless confidence is restored in these areas, Labour will continue to be despised.

And as a result, the cuts would be bigger, not smaller because the interest payments on that debt would be higher.

«It is much better for property owners to address these issues before their properties are subjected to a lien sale, because the third parties who buy these liens add substantial interest charges and fees to unpaid debts and can ultimately foreclose on a property if its debt remains unpaid.»

He said money transferred from various funds were paid back with interest rather than left as debt, there was suitable transparency because the town budgets were available and subject to meetings and votes on adjustments, and that the tax cap bypass merely expands the town's options.

Because of the particularly high interest rates that many credit cards carry, financial advisors recommend focusing on paying down this debt before other types of loans.

I think that because we're not educated on how debt and interest works, and we're not brought up to talk about our finances, we misuse our credit cards.

Credit card debt can quickly get out of hand because the interest that is charged on this type of debt has historically been upwards of 19.99 % for most cardholders.

You will owe more money to the new lender, but by eliminating other more expensive debt with the extra cash you just received, you are actually saving thousands of dollars too because you will have to pay lesser interests on your overall debt.

Borrowers who fail to cease using their high interest cards after consolidation run the risk of falling even deeper in debt - because they now have both a loan consolidation payment and a credit card balance to pay on each month.

The rates affect a shorter period, meaning a smaller amount paid on interest, but payments are rather higher, because the spread of the debt is shorter.

If you know that you won't be able to pay your tax when it falls due, then you will need to look at all alternatives and that might even include the necessity to use your credit card to pay your account simply because that will be an easier debt to manage than the IRS and the interest and penalties that they will impose if not paid on time.

«But it's probably the best time to pay down debt, because lump sums go against the principal and reduce the interest you'd incur on future payments at higher rates.»

The advice on avoiding high - yield debt needs more explanation, because bonds with high payouts are not especially sensitive to interest rate movements.

I had such student loan debt that I couldn't do anything because the debt kept adding so much interest that it just kept piling on.

The advice to pay of debt is simplistic and is because most people will not get a high enough interest rate on their savings (without putting them at risk which they can not afford).

When debts go bad, it typically occurs because the company chokes on paying the interest, not the principal.

The main reason you are still in debt after all the money you have been paying on a monthly basis is because of the interest and other fees such as penalty fee for late or missed payments.

On the other hand, this means that as a borrower you may rack up debt that then continues to expand because of interest rates that are much higher than normal.

I suggest people pay down all debt before investing because I just don't see people making average returns higher than the interest rates on the debt.

If a person is paying high interest on other loans or credit cards, it could pay to get a SoFi loan to pay off those debts and pay less in the long - term because of reduced interest.

This is important because failing to repay your tax refund anticipation loan on time can lead to high interest rates, late fees, and even more debt.

That's because the high interest rates that are charged on credit cards mean that a big portion of their monthly payments go toward paying interest and not toward paying down their debt.

Mathematically it makes sense to attack the highest rate of interest that you have first but I'm kind of inclined to the alternative to that which is to focus on the smallest debt balance that you have because of the psychological effect.

Credit cards are one of the worst forms of debt to have because they calculate interest based on your average daily balance.

Government has significant debt, budget is in significant deficit, but the interest rate on the debt exceeds the GDP growth rate, because creditors expect the situation to be permanent.

I understand the idea of deducting the excess cash because it could be used to immediately reduce the debt and boost the equity value but... On one hand it seems logical to avoid deducting the cash that is not available for distribution (i.e. couldn't be extracted from the operations), on the other hand that is exactly the part of the cash that is less likely to bear interestOn one hand it seems logical to avoid deducting the cash that is not available for distribution (i.e. couldn't be extracted from the operations), on the other hand that is exactly the part of the cash that is less likely to bear intereston the other hand that is exactly the part of the cash that is less likely to bear interests.

Government has significant debt, budget is in significant deficit, but the interest rate on the debt does not exceed the GDP growth rate, because creditors expect the situation to be transitory.

Most people focus on consolidating unsecured debt, such as credit card debt and payday loans, because of the higher interest rates that are charged on these types of debt.

Because credit card interest rates can fluctuate (but many usually hover between 10 % and 15 %), it's important to keep tabs on what that rate is so you avoid running into debt.

And because credit card debt comes with such high interest, you really should focus on paying that debt off first.