Governments, harassed by
the burden of debt service payments, reduce public expenditure on health and education and other social services to balance their budgets.
Depending upon the nature of the loan, periodic payments will be either daily or weekly, allowing the small business owner to spread
the burden of debt service throughout the month, rather than requiring one larger payment at the end of the month.
Not exact matches
As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the
burden of refinancing the
debt considerably heavier, and as more money goes into
servicing the
debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»
According to the Schwab Retirement Plan
Services survey, more than one - third
of millennials reported they can't save for retirement because they're still dealing with the
burden of student loan
debt.
Assuming that the total amount
of bad
debt in the banking system exceeds total bank capital — something which is almost certainly true — the conversion
of debt which can not be
serviced into an equity position that is unlikely to generate much more (and in an economic downturn, which is when we are most concerned about the
debt burden, we can assume that the decline in value
of these equity positions will be highly correlated) leaves the net indebtedness
of the banking system unchanged, and so the contingent liabilities
of the government are unchanged even as reported
debt in the system declines.
In the case
of the economy, there is a growing and untenable gap between
debt burdens and
debt servicing ability, but even if you anticipate the eventual failures (which can be like watching grass grow), the triggering events emerge out
of the blue.
The ongoing growth in
debt has seen a steady increase in interest payments as a proportion
of disposable income, and at the end
of 2003 this measure
of the
debt -
servicing burden exceeded its previous peak in the late 1980s (Graph 31).
This was the biggest proportional decline in interest rates, delivering the biggest reduction in the
debt servicing burden of the household sector, seen in Australia's modern history.
In addition, indicators
of financial stress — such as loan arrears — remain low, suggesting that the high
debt -
servicing burden is not yet imposing a significant constraint on consumer spending.
This is probably correct, but there can be transitional difficulties if borrowers have not factored in rising interest rates, have assumed that the
debt servicing burden will be quickly eroded by rising incomes or, in the case
of investment property, that it can be sold quickly without loss if a need arises.
The decline in world interest rates over the past few years has seen the
servicing burden of foreign
debt fall to around the levels
of the early 1980s.
The primary measure
of the household sector's
debt -
servicing burden is the ratio
of aggregate interest payments to disposable income.
The expected new loan facility is to provide for 18 - months
of interest - only payments (no amortization), which is designed to reduce the initial
debt service burden on the Sponsor so that it has sufficient time needed to stabilize the Property.
«The government
of China should be mindful
of the fact that Nigerians, irrespective
of their political and religious affiliations are totally opposed to increment
of the country's
debt burden, which is already being
serviced with 25 per cent
of the Federal Government annual budget.
If your new financial circumstances require you to take on an onerous
burden of debt, consider
service - based or research - based grant repayment programs.
Indeed, the expense
of medical school and the resulting
debt burden is recognized as one
of the tallest barriers that aspiring medical scholars must climb in order to enter medical research or public
service — which brings me, finally, to the point
of this column.
The research suggests that the improvement in health may be linked to greater access to and use
of health
services by children whose families received Medicaid, and a decreased economic
burden on families from medical expenses and
debt.
Gergen also spoke about the need to increase student funding and financial aid at Harvard's public -
service schools in order to attract the best students and lessen the
burden of education
debt.
Property owners in the School Facilities Improvement District now have the
burden of paying $ 1.27 billion in
debt service through 2051 for the privilege
of borrowing $ 179 million.
The
burden is even more problematic if you consider the country's high interest rates — the policy rate was just raised to 12.75 %, one
of the highest among major economies — which dramatically increase the costs
of servicing debt.
Consider the possibility
of keeping the loan
burden on one person - Ideally, if both spouses are working, one person should be
servicing all the other
debt while the other is kept free to take on the home loan.
Pioneer
Services has stepped in to help military families who are struggling under the
burdens of bad credit and big
debts.
Pioneer
Services have been working on many award - winning methods for helping military families achieve financial independence and eliminating the heavy
burdens of debts.
There are two
debt and bill consolidation
services that can help you if you are bearing the
burden of uncontrollable
debt.
Golden Financial
Services will ease the
burden and get you out
of debt in the quickest possible time - frame through our statewide hardship programs, but it takes hard work from you too.
During times
of economic difficulty, there is a greater demand for
services to help
debt -
burdened consumers and small business avoid bankruptcy through negotiating
debt reductions or settlements with their creditors.
Experienced Christian
Debt consolidation and credit counseling
services know this, and they have experience working with creditors to ease the
burden of repayment.
Graduates employed in public
service provide an immeasurable benefit to American society, and those who pursue graduate or professional school should be free to give back to society without the long - term
burden of student loan
debt.
Consumers who are in control
of most aspects
of their finances, but still feel like they could use additional help managing their
debt burden, could certainly benefit from the assistance
of a consumer credit counseling
service.
By offering top
debt settlement
services to those who qualify, we help people like you become free from the
burden of debt.
Total
Debt Service Burden as %
of Discretionary Income (Send me email for the chart) Rising interest rates will escalate problems that stem from consumer indebtedness.
However, despite low interest rates,
debt service burden as a percent
of discretionary income is one iota away from being at an all - time high.
Total Consumer
Debt as % of Discretionary Income (Send me email for the chart) The problem with the «consumer debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
Debt as %
of Discretionary Income (Send me email for the chart) The problem with the «consumer
debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
debt as percentage
of discretionary income» measure (the above chart) is that it ignores the true cost
of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
debt since higher
debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
debt levels in a low - interest - rate environment may not result in a high
debt service burden (interest and principal payments) on the consu
debt service burden (interest and principal payments) on the consumer.
Our investment and our return are spread across a portfolio
of claims, giving firms accelerated financing, delivering faster
service to clients and avoiding any
burden of debt.
The office was concerned that the large concentration
of market power, plus the large amount
of debt in the deal, would place a
burden on consumers in the form
of higher prices and other
service issues, she told the E-Commerce Times.