Sentences with phrase «been in debt since»

However if you are in debt since we don't live in a perfect world, the key is to keep the pain short, get out of debt and rebuild your credit score again.

Not exact matches

That figure is expected to grow by $ 31 billion by 2015 - 16, handing the Progressive Conservatives ammunition in their assault on the Liberals, who've doubled the province's debt since they took office nine years ago.
Japan's debt - to - GDP ratio has been in excess of 100 % since 1996, and in excess of 200 % since 2009.
Since the recession ended in mid-2009, the economy has been expanding at sub-par rates as a string of problems from higher gas prices to Europe's debt crisis have acted as a drag on the U.S. economy.
The goal was to renegotiate the company's $ 5 billion debt load, which it has carried since a leveraged buyout in 2005.
The Canadian Medical Association, argued in its pre-budget submission that the government should maintain access to the small business deduction for physicians, since they enter the workforce later in life and often with significant debt, and unlike small businesses are unable to pass on higher costs to clients.
However, recently, the economic recovery seen in Portugal since the sovereign debt crisis has indeed begun affecting the way agencies such as Moody's and Standard & Poor's see the economy, indicating that in the near future more investors could be considering buying Portuguese bonds.
Greece — still recovering from the euro zone debt crisis of 2011 — requested the current program in 2015 and it has since then been promised some debt relief.
America is in danger of experiencing a lost decade since the financial crisis, given its debt and political intransigence.
«We are unlikely to see higher interest rates soon, since with $ 15 trillion in debt constantly rolling over, as a country we can't afford higher interest rates,» Backus says.
Carillion has been in trouble since July, when it announced it was losing money and its debts were rising.
After all, many of them have been studying Canada's debt buildup in the»80s and early»90s, and then its debt reversal since the mid-1990s, for their own recession exit strategies.
Under former prime minister Stephen Harper's leadership, the group declared victory over the financial crisis too soon, wasting time in 2010 negotiating a pledge to narrow deficits and reduce debt that has since has been abandoned.
In other words, it appears that Sunac isn't taking on debt to make the purchase — except, of course, from Wanda — since Wanda is ponying up the money and securing the loan itself.
Since the leveraged buyout, SRC's sales have grown 40 % per year and are expected to reach $ 42 million in fiscal 1986; net operating income has risen to 11 %; the debt - to - equity ratio has been cut from 89 - to - 1 to 5.1 - to - 1; and the appraised value of a share in the company's employee stock ownership plan has increased from 10?
«I think since, really, I'm a conservative investor, that experience of being in debt and also the experience of seeing things happen to people who took too much financial risk and got hurt, led me to be pretty conservative — I'm a guy that looks for singles and not home runs,» Bach said.
A product of the largest private equity deal ever, Energy Future (formerly TXU) is heavy with debt and struggling to compete, since the boom in natural gas production has put a lid on electricity prices.
The question is becoming more important by the day since it carries over $ 5 billion in long - term debt.
Portugal has been in financial trouble since the sovereign debt crisis of 2011.
Some of the provinces and companies have built up debt in recent years during the recovery, since there has been so very much artificial liquidity all over the world.
It hasn't grown that fast in normal times since the early 2000's, a period that probably wasn't all that normal, as so much of the wealth generated during those years was from America's debt boom and China's once - in - lifetime rise from poverty.
A 2014 study by the Brookings Institute states that «roughly one - quarter of the increase in student debt since 1989 can be directly attributed to Americans obtaining more education, especially graduate degrees.»
Subordinated debt: Has a higher interest rate than senior debt does, in exchange for slightly higher risks (since loans get paid only after senior debt is paid).
The increase is the largest second quarter spike since the company began tracking data in 2009, CardHub reports, adding that it expects the net increase of debt to reach $ 60 billion by the end of 2015.
Our debt balance as of March 31, 2018, was $ 348 million, down from $ 780 million at loan origination in April 2016; our debt to Adjusted EBITDA ratio is well below one times; and we have reduced our non-GAAP interest expense by over 70 % since origination on an annualized basis.»
Part of what has supported this recovery since the crisis has been fiscal policy, so we have much higher government debt than we had before, where is the room for governments to do fiscal expansion in a renewed downturn?
It's getting close to two years since AT&T announced its $ 109 billion bid (with debt) to buy entertainment giant Time Warner and the deal is still stuck in limbo.
This marked the largest quarterly increase in total household debt since the fourth quarter of 2013, and debt today is now just 0.8 % below its peak of $ 12.68 trillion reached in the third quarter of 2008.
So begins an ad for Cambridge Life Solutions, a debt settlement company that's been operating in Canada since late 2010.
The rapid growth of debt in China since the global financial crisis has also been cause for concern... and rightly so.
On the other hand, a high debt - to - equity ratio translates into higher risk for shareholders since creditors are always first in line for compensation should the company go bankrupt.
It is a positive thing that the TCJA was not the largest tax cut in history, since adding $ 6.8 trillion to the debt would worsen our fiscal situation even more than the tax bill already did.
Since the housing crash, brought on by irresponsibly loose standards in the mortgage market, lenders have been very strict with the amount of debt borrowers can carry compared to their income.
The company has been saddled with debt since buyout firms KKR & Co L.P. (KKR.N) and Bain Capital LP, together with real estate investment trust Vornado Realty Trust (VNO.N), took Toys «R» Us private for $ 6.6 billion in 2005.
The cost of borrowing in China has been cut aggressively since the autumn of 2014 in response to the slowdown in the economy and the distress caused to property owners, local government and corporations by high debt - servicing costs.
The reform agenda in the European Union has been slow and at times painful, but progress has been made since the eurozone sovereign debt crisis.
She started her blog back in 2013 as a hobby, but once she realized she could make a go of it, she paid off a whopping $ 40,000 in student loan debt, left Corporate America behind, and she and her husband have been making the best of financial freedom ever since!
In the Fall Update, the government will not only be able to show the elimination of the deficit (something no other G - 7 country has achieved) one year earlier than targeted, but also to show a declining debt ratio, rapidly approaching the government's target of 25 per cent, the lowest since the 1960s
But since the software doesn't know I have private equity and venture debt investments, it thinks I'm underinvested in Alternatives whereas in reality I am not.
Toys R Us, based in Wayne, New Jersey, has struggled with debt since private - equity firms Bain Capital, KKR & Co. and Vornado Realty Trust took it private in a $ 6.6 billion leveraged buyout in 2005.
«Rather, growth in disposable income (and thus in consumption) has been sustained since last year by another $ 1.4 trillion in tax cuts and extended transfer payments, implying another $ 1.4 trillion of public debt
Back in the old days, when Uncle Sam swindled his creditors through inflation, he was burning his own taxpayers, since Americans owned over 90 per cent of US debt after World War II.
The company that once dominated toy sales in the U.S. has been operating under bankruptcy protection since last fall, when it filed for Chapter 11 under the weight of $ 5 billion in debt.
And in the face of record valuations and record debt, we're seeing rising interest rates (the yield on the 10 - year Treasury hit 3 % last week for the first time since 2014) and other signs of inflation like rising oil and copper prices.
Distressed corporate debt and securities has been a core investment strategy since we were founded in 1992.
In terms of debt reduction, we are very encouraged to see that B.C.'s direct operating debt is forecast to be $ 1.1 billion by the end of the current fiscal plan period, which marks a 90 per cent reduction since 2013 - 14.
Venezuela, an oil - rich nation that went on a spending spree, is struggling to meet $ 10 billion in debt obligations this year, since 95 percent of export earnings depend on crude.
Since the company went public in 2008, it's raised its dividend each year and its share price has outperformed gold bullion and gold miners, as measured by the S&P / TSX Global Gold Index, due to its unique structure and debt - free model.
China is obviously interested in supporting its currency, and since it sold off quite a lot of U.S. Treasuries in the past year — Japan is now the top holder of U.S. government debt — it will likely need to substantially build up its gold reserves.
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 rising.
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