Sentences with phrase «cover that debt balance»

Not exact matches

That occurs when a currency crashes against other currencies, usually by trying to pay debts that its trade balance can't cover.

That means you'll want to find a balance transfer credit card that can cover all your credit card debt.

If you're consolidating credit card debt, you'll need to borrow enough money to pay off credit card balances and cover any loan or origination fees.

In this scenario, the total cost of paying off $ 12,000 of credit card debt by withdrawing money from a traditional IRA is $ 12,000 (the actual credit card balance) + $ 8,000 (to cover taxes and penalties) + $ 6,216 (to cover the opportunity cost of not keeping the money invested in your retirement account) = $ 26,216.

This is dangerous because it means that selling your car won't cover the cost of the loan's outstanding balance — if this happens and you're in financial distress, you might need to take out a personal loan to cover outstanding auto debt.

The payment made for the new purchases will be utilized to cover the old balance, which leads to further accumulation of debt.

I am running my portfolio with FundsIndia and invested in 8 different funds via SIPs (covering LARGE, MID & SMALL CAP, HYBRID, BALANCED, ELSS and DEBT funds).

Add up the balances on each debt, and then make sure to apply for a high enough loan to cover paying off all of your current credit card debts.

The other important safety factor is the company's fortress - like balance sheet, courtesy of its strong current ratio (short - term assets / short - term liabilities), modest net debt position, and free cash flow that comfortably covers the dividend nearly twice over.

Sure, it may be tempting to only pay $ 25 per month, but not only will you be accruing more and more debt that will be tough to get out from underneath, but paying only the minimum payment mostly just covers the interest on the principal balance instead of the actual principal balance.

A balance transfer's when you use one card to pay off other credit or store cards, so you owe the new one but at a far lower rate - often 0 % - making you debt - free quicker, as repayments cover debt, not interest.

For one thing the balance sheet of SPLP is solid and cash flows from operations appear to cover LT debt several times (although this is not particularly clear as Steel Partners has interests in a number of businesses in different industries including manufacturing and banking — DO YOUR OWN DUE DILIGENCE).

These metrics represent a very solid balance sheet showing a reasonable overall debt load and more than sufficient earnings to cover interest payments.

Especially for those with tightly balanced budgets, those two trends combined have an unavoidable impact: more debt, to pay living expenses and cover emergency costs after the emergency fund has been spent on groceries and electricity.

Once you know what kind of free financial aid you can get, you can decide if it is worth it for you potentially take on some student loan debt to be able to cover the balance of the tutition you need to pay for the costlier college.

We'll notify you when this happens, and will transfer any purchases we can't cover to your Uncovered Purchases (aka Debt Destroyer) balance.

If the total amount owed on the student loan debt is not covered by the borrower's home equity, SoFi will pay the student loan debt down partially and then borrowers can keep making payments on the remaining balance to their student loan provider.

Paying only your minimum balance usually doesn't even cover the interest being accrued, and therefore you are probably still increasing your debt.

Those periodic special dividends are feasible because of the firm's immaculate balance sheet, which has almost no debt, relatively high cash levels (relative to the size of the company and its acquisitions), and a high current ratio (i.e. the company's short - term assets cover its short - term liabilities by more than three-fold, thus protecting it from unexpected negative financial strains, such as during recessions when demand from restaurants can lead to declining sales, earnings, and cash flow).

Minimum payments covering a credit card debt don't influence the balance much, so you see almost no progress.

For the properties Jeremy purchased on the MLS, he said, «either it said on the MLS that they would take seller financing or it didn't say that but they'd been on the market for a little while and it was a value add opportunity where they had a low enough mortgage balance that we could do seller financing and give them a down payment big enough to cover their existing debt.»

That means you'll want to find a balance transfer credit card that can cover all your credit card debt.

In addition, the Freedom card offers a $ 150 sign - up bonus that's large enough to cover the balance transfer fee on up to $ 3,000 worth of debt.

Whether it is old, new, or future debt, your life insurance policy can cover these balances so your loved ones are not solely responsible.

There's one interesting possible exception: If you've graduated with big student loan debts that a parent cosigned, you or your parent may want to get a life insurance policy on you to cover the balance of the loans.

In addition to paying for the procession, service, burial plot, casket, and headstone, families often use burial insurance payouts to cover outstanding medical bills, unpaid credit card balances, and other debts a family member has left behind.

This type of plan is ideal for providing sufficient death benefits to cover the outstanding balance on your mortgage to avoid leaving a burden of debt for your survivors.

Out of the premium paid on the ULIP policy, a portion is used for providing a life insurance cover and the balance is used for investing in equity and debt instruments.

It is best for homeowners to have a balanced approach to their financial priorities, with consideration given to reducing debt levels, saving to cover expenses in the event of job loss and retirement.

With a short sale, the lender has three possible ways to handle the deficiency balance, which is the portion of the mortgage debt not covered by the sale of the home.

Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lienholder on property requests a court - supervised sale of the property to cover the unpaid balance of a delinquent debt.

In addition, with the Mortgage Forgiveness Debt Relief Act of 2007 not being extended from it's expiration in December 2013, many homeowners do not like the uncertainty or any possibility in having to pay taxes on the forgiven balance of their mortgage that wouldn't be covered when they sell their home as a Short Sale.

In recent months, some observers have held out hope for the emergence of a new securitized debt vehicle — for example, covered bonds, which function in the same way as CMBS bonds, but remain on the issuer's balance sheet, minimizing the risk for investors.