Sentences with phrase «because most debts»

However, this is unusual because most debts get written off as uncollectible before that length of time.
We note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt / credit relationships are intermediated via financial institutions, such as banks, insurance companies, etc., rather than by governments or wealthy families directly.
«This is a tough one, because most debt consolidation can actually hurt your credit.
Because most debt collectors are not working directly for the original creditor, they are debt buyers.

Not exact matches

Yet, as a country, we are probably more vulnerable than we were a decade ago because we failed to take seriously the most important lesson of the crisis: the dangers of housing mania and the perils of household debt.
Because telecoms generate predictable monthly income, most don't have problems meeting their debt obligations.
Strike Debt doesn't buy individual debtor's debts, but instead buys bundles of anonymous debt from banks through what it says are friends on the debt broker side (apparently, the banks won't deal with anyone who isn't established, and most brokers won't sell to non-collections agencies because of liability issuDebt doesn't buy individual debtor's debts, but instead buys bundles of anonymous debt from banks through what it says are friends on the debt broker side (apparently, the banks won't deal with anyone who isn't established, and most brokers won't sell to non-collections agencies because of liability issudebt from banks through what it says are friends on the debt broker side (apparently, the banks won't deal with anyone who isn't established, and most brokers won't sell to non-collections agencies because of liability issudebt broker side (apparently, the banks won't deal with anyone who isn't established, and most brokers won't sell to non-collections agencies because of liability issues).
But we were still paying off what we had gotten, and we were luckier because most of the debt was from law school.
The CRTC had ruled that Wind wasn't Canadian owned and controlled because most of its debt was held by Egyptian - based Orascom, later acquired by Amsterdam headquartered VimpelCom.
Researchers for the Harvard Business Review find the snowball method to be the most effective strategy because you're more likely to stay motivated if you can see your debts disappearing.
And it was very easy for them to do that without opposition, because in the beginning most of the debts that were owed to the palace itself — both in fees for services the palace provided, or the temple provided (the temple was part of the palace economy), or for land rent by sharecroppers, or for the provision of water and agricultural services to the land.
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.
The reason is because while debt plays a key role in understanding the recent evolution of the Chinese economy and the timing and process of its upcoming adjustment (as it also does for all if not most major economies), there seems to be a remarkable amount of confusion as to why debt matters.
There are so many reasons why this is wrong (to list just the most obvious, poor countries have much lower debt thresholds than rich countries, Japanese debt can not possibly be dismissed as not being a problem, and because it is almost impossible to find an economist who understands the relationship between nominal interest rates and implicit amortization, Japanese government debt has probably only been manageable to date because GDP growth close to zero has permitted interest rates close to zero) and yet inane comparisons between China's debt burden and Japan's debt burden are made all the time.
Indeed, because the Trump proposal would redistribute after - tax income towards those most likely to save it, push up long - term interest rates because of debt pressures, increase uncertainty and the advantages of overseas production, it is as likely to retard growth as to accelerate it.
Because of this, most reverse mortgage agreements have a «non-recourse» clause, which guarantees that the total cost of debt doesn't exceed the value of the home.
3 It may seem willfully perverse to most analysts to suggest that a debt - equity swap does not reduce debt, but that is because most analysts do not think systemically and fail to consider the overall impact of these transactions on debt - servicing costs and on contingent liabilities of the government.
And the European banks, mostly — maybe not Barclays or Deutsche Bank, but most banks — are not willing to write credit insurance, because everybody at the Böckler Foundation conference here in Berlin, every single economist says there is no conceivable way in which Greece can pay its debts.
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.
The Fund's income may decline when interest rates fall because most of the debt instruments held by the Fund will have floating or variable rates.
First because most companies at the angel round don't have enough tangible assets to secure any debt.
Most of this reduction is due to less debt issuance from eliminating Social Security deficits; some comes from an increase in the size of the economy because of that lower debt.
Well, in 1948, because most of the debts were owed to the Nazis, people who had been Nazis in the war.
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.
Onemain — Onemain is one of the most popular debt consolidation lenders because they don't have a minimum required credit score.
You're going to have to endure this because right now, the most ridiculously priced asset in the world is certainly German debt.
As soon as that started to happen the Federal Reserve would panic and flood the system with liquidity because the dirty secret for central bankers is that the thing they fear most is debt deflation.
Because the surveys are designed to identify a consensus, there are no boxes to check for extraneous semi-hard factors like debt / GDP ratios or, in the soft extreme, all those forces that are examined in the comparatively new and, to most economists, antithetical art / science of «Behavioral Economics.»
A bonus could be a great way to pay down debt, particularly when it comes to credit cards because they have higher interest rates than most other loans.
However, if you are a single doctor making $ 300,000 per year, did not have to address a meaningful debt burden, and only have $ 100,000 in investments at the age of forty, you have done something very wrong (most likely, you either lived at your means or traded stocks instead of thinking like an owner that made long - term investments) even if you have that same $ 100,000 in paper wealth because you had the skill set and personal opportunity costs to do so much more with your hand in life.
From a financial standpoint, the impact is also very limited because most, if not all, of the debt Greece owes is held by public and governmental entities: the International Monetary Fund, the European Union and the European Central Bank (ECB).
But because most small businesses don't have much of a business credit history to speak of, the owner's personal credit is the most reliable insight a lender can get into how the business will handle its debts.
Most Americans have a weak defense, which causes them to burn through their cash, or worse, take on debt because they live and spend beyond their means.
«My in - laws are better off than most because they own their land outright, but most farmers here have huge debts,» Williamson said.
Most of us realize that prior 2012 it was near impossible to win anything because of Stadium debt etc..
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.
Most people I know are in debt because of two things: education and home ownership.
Still, because of the long - term effects of bankruptcy, some experts believe it's most beneficial when you have more than $ 15,000 in debts.
Because of this, most reverse mortgage agreements have a «non-recourse» clause, which guarantees that the total cost of debt doesn't exceed the value of the home.
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.
These types of credit cards are ideal for credit repair and credit building because they, for the most part, eliminate the risk of excessive debt.
If most of your debt is consumer debt, you should try to stay lower because your payments are essentially wasting money.
Length of Credit History = 15 % of your score In most cases, having a longer credit history increases your score because it shows you have more experience managing debt responsibly.
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).
Most hard pulls will ding your credit score because they signal that you're acquiring new debt — or at least a potential source of it.
Well, I agree, eliminating debt before you retire is very important because when you retire, your income will likely decrease but most of your basic living expenses will remain the same.
In most cases, there's no net value because Fred has far more debt than it has assets.
Most mortgage lenders require a debt - to - income ratio of 43 % or less because they want to know you can afford to pay the mortgage by yourself.
This is a pretty bad financial move for most people, because you should hardly ever stay in debt longer than you need to be.
Payoff offers some services other P2P lenders can't match, such as flexible payments during job loss, but is more limited than most other P2P lenders because it only offers personal loans for the purpose of credit card debt consolidation.
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