Sentences with phrase «continued making the debt payments»

«The city was scheduled to pay off its debt in 2008, yet instead of spending cuts and shrinking government, Bloomberg struck a deal to continue making debt payments into the 2030s.»

Under certain conditions, the debtor may choose to keep the asset and agree to continue making debt payments.

If you continued making the debt payments through your unemployment and it runs out you will then be in a worse position, with your debts not resolved and no income.

Hannah's advice to the couple is to continue making their debt payments as they're doing now (see «How the money is spent,» on the previous page) but with one change — he'd like to see them reduce their $ 800 monthly property tax payments.

Not exact matches

If you continue to make minimum payments, the compounding interest can make it difficult to pay off your credit card debt.

Assuming you don't continue using your credit card and you make the minimum payment each month, it will take you more than six and a half years to pay off your debt.

The four - term Missouri Democrat continued his Twitter diatribe against the deal to raise the amount of money the nation can borrow and make a down payment on the federal deficit saying, «This debt deal is antithetical to everything the great religions of the world teach, which is take care of the poor, aged, vulnerable.»

After making minimum payment for all debts (which should be part of your budget) attack the smallest debt first and continue to move up through debt amounts.

«This year's budget enables New York City's public schools to continue to make progress and is a down payment on the state's debt to public education,» said UFT President Michael Mulgrew.

On December 13, 2010, National Assembly representatives from the Fidesz — Christian Democratic People's Party governing alliance passed the Pension Reform and Debt Reduction Fund Law that permanently transferred mandatory private pension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to the funds.

If you want to keep the vehicle and continue making your payments, you can reaffirm the debt.

Compounding interest causes these debts to increase in value quickly, especially if no payments are made on the loan while interest continues to accrue.

By purchasing a mortgage insurance product or a life insurance policy, you can effectively plan for the retirement of the mortgage debt when you are unable to continue making payments yourself.

But if the risks of reaffirming outweigh those benefits, you might decide to simply continue making your mortgage payments without reaffirming the debt.

My fiance is working with a company called nationwide student loan, they are supposedly going to be able to consolidate her student loan debt by making payments of $ 133 for 6 months.Once 6 months of payments have been received they will qualify her based on her income $ 0 for 12 months and will apparently continue that process until the loan company for fill debt.

Your bankruptcy will not affect your that person's credit report as long as they continue to make payments on the co-signed debt, because they are liable for the full amount.

I've been making that payment faithfully for 5 months, and I will continue until these debts are paid off.

As I continue to pay off my other debts, I will start making higher payments on my student loans.

If you choose to reaffirm your secured debts in bankruptcy, you can continue making your mortgage payments, giving you an additional source of on - time payment history data.

When you can pay a card off rather quickly and make a larger payment to the next one in line right away, you start to see the benefits of your hard work much sooner, and are more likely to continue your debt repayment process.

And those figures will be even worse if you continue to add to your debt while you're making those minimum payments.

Policymakers continue to work on plans to make college more affordable while the White House has worked to provide reduced payment plans that will ease the burden of student loan debt.

As you eliminate additional debt, you will find that it becomes much easier to continue making payments.

From there, continue to make the minimum payments on all of your debt.

Even though you're paying a lump sum on one debt, you should continue making minimum payments on all your other debts.

A lower rate reduces your monthly payment, but if you want to chip away at your debt faster, continue making the original payment.

Because of these concessions, you will get out of debt many years sooner than if you continue to make only minimum payments to your creditors.

For example, to keep a car the debtor may choose to redeem the debt (pay the secured creditor the value of the collateral in exchange for a release by the creditor of their lien) or reaffirm the debt (sign a reaffirmation agreement and continue to make car payments).

Most people continue to make the minimum payments not realizing the amount of money it will actually take to get out of debt.

If you can't make the full payments, talk to your creditors and ask if they are willing to work with you so you can continue to pay off your debt.

While the stock market has enjoyed record - setting gains, gas prices have fallen, and employment figures and wages have increased, those saddled with student loan debt continue to struggle to make interest payments, start families, buy homes and start saving for retirement.

Because it is likely you are paying on a larger debt balance, you have to continue making the larger payments for many months or even several years to see results.

If you continue making IBR payments for 25 years, any debt that remains is canceled.

Liens against collateral used to secure debt, like car loans and home mortgages, will not be discharged, and that property can be repossessed or foreclosed on unless you continue to make payments or are able to reach a new agreement with your lender.

One great way to pay off your debt quicker with the help of a balance transfer credit card is to continue making the same monthly payments that you were paying on your original cards.

If you were to do a balance transfer to a low interest credit card with an APR of 9.9 %, but continued making the same monthly payment, you would pay off the debt in 6 years instead.

We continued, paying off accounts, snow - balling minimums, and making extra payments, until we had eliminated all of our credit card (and automobile) debt.

Meanwhile, you continue making minimum payments on other debts.

On the other hand, if all your debt carries lower interest rates, you may decide to continue making minimum debt payments and investing your extra cash.

If you have more than one debt balance (such as several different credit cards), making more substantial payments on one account while continuing to make at least the minimum payments on the others can help you to focus on reducing these balances one at a time.

He now plans to make a lump payment toward the auto loan and refinance it for a better rate and lower payment, as his credit score continues to increase since finishing his debt management plan.

On the other hand, obtaining a home equity loan (or home equity line of credit or second mortgage) requires that you have sufficient income to cover the debt - plus, you must continue to make monthly principal and interest mortgage payments.

Although Lockert added to her student loan debt by borrowing money for grad school, she limited the amount she would have to pay after graduating by continuing to make payments on her undergraduate student loans rather than deferring them.

However, just because you don't need to make payments doesn't mean that interest stops accruing during that period — your student loan debt continues to grow during that time.

Before you agree to the terms of a debt consolidation personal loan make sure the overall cost of that personal loan will be less than if you continue to make minimum payments on the debt.

If you are dealing with a significant amount of credit card debt or are unable to continue making payments on your credit card, Golden Financial Services can help you determine the best debt relief programs for your financial situation.

Because a consumer proposal does not include secured debt, such as a car loan or lease, you can keep any leased or financed car (assuming the equity is less than $ 6,600) if your loan payments are up - to - date, and you continue to make all your car payments.

I owe $ 50,000 in debts when I first started with the program but then my income change and I could not afford to continue, so I just stopped making payments.

Believe it or not, even if our couple never gets a pay raise or sells any of their current vehicles or other assets, they could continue making the debt snowball payments and be completely debt free in an additional 44 months.

Find the debt with the lowest balance, send as much money as you can to it, and continue making minimum payments on your other accounts.