Sentences with phrase «debt accounts for»

Debt Ratio Second only to payment history, your total amount of debt accounts for a large portion of your credit score, 30 %.

According to the most recent report from the New York Federal Reserve, student loan debt accounts for the second largest form of debt in the United States, trailing only mortgage debt.

While it's a drop in the bucket as a portion of overall household debt, credit card debt accounts for approximately 1/12 of the debt burden.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

But U.S. federal debt accounts for just a little over 100 % of GDP.

Tied to the teaching workforce is massive pension debt: Collectively, teacher pension debt accounts for $ 500 billion of all state pension debt.

During the first quarter of 2015, it was reported that the total outstanding consumer debt had touched $ 3.34 trillion and credit card debt accounted for a major part of that debt.

The Ernst and Young survey said that health - care related debt accounted for 47 % of debt collected.

Once you have all of your money, assets and debt accounted for, you can start to make a plan.

Back then, household debt accounted for about 70 % of our disposable income, today that figure is above 150 %.

Argentina debt accounted for 4 % of the iShares MSCI Emerging Market Debt exchange - traded fund (EMB) as of July 1, 5.9 % of the iShares Emerging Markets High Yield Bond ETF (EMHY) as of July 1, and 3.8 % of the WisdomTree Emerging Markets Corporate Bond ETF (EMCB) as of July 5.

In 2004, mortgage debt accounted for 68.7 per cent of total household debt, down from the peak of 74.5 per cent in 1993, says the Observer.

Between 2005 and 2013 increases in student loan debt and delinquency and declines in credit card and auto debt account for 30 percent of the increase in flows into co-residence with parents and 26 percent of the increase in median time young people spent in co-residence.

Not exact matches

While Republican leaders argued it would, every major independent analysis of the bill, known as the Tax Cuts and Jobs Act, showed that it would grow the federal debt over the next 10 years even when accounting for that increased growth.

«Global levels of debt across all sectors rose by $ 21 trillion last year accounting for more than 80 % of the total $ 25 trillion increase since 2012.»

Benjamin Tal, an economist with CIBC, reported in a study earlier this year that heavy borrowers, those with household debt - to - gross income ratios above 160, accounted for 34 % of all borrowers compared to 26 % in 2007.

«When people have forgiven debt, they shouldn't automatically think they're going to be taxed on that income,» says Andrew Schwartz, founder and managing partner of accounting firm Schwartz & Schwartz in Woburn, Mass. «If somebody's debts exceed their assets, that 1099 - C [the tax form for forgiven debt] isn't taxable.»

Valeant Pharmaceuticals is beset with problems — a collapsing share price, mounting debt, unreliable financial statements — and it's now jettisoning its CEO and pinning blame for shoddy accounting on a former CFO.

He devoted a chunk of his maiden speech to challenging the notion that further regulation is needed for credit cards, arguing two - thirds of Canadians pay off their balances every month, meaning they incur no interest at all, and that credit cards account for just 5 % of total household debt.

«I am deeply sorry and blame myself for the negative impact of LeEco's debt crisis,» he said in the statement that was posted on his official WeChat account on Tuesday.

But that's changing as more employers come to realize education debt is a problem for many of their workers, said Katie Berliner, account executive at YouDecide, a benefits firm.

The average household debt in the U.S. is about $ 117,000, according to the findings, while the average savings account balance for those who are managing to save is $ 3,800.

China holds about 20 percent of U.S. debt held by foreign countries, which is a lot, but it only accounts for about 5 percent of outstanding debt overall.

Senior creditors account for 37 % and 40 % of total public debt in Ireland and Portugal, while the respective share in Spain is 11 % (in case the maximum amount was drawn).

Consequently, homebased entrepreneurs like Acosta rely on personal savings accounts or credit card debt for financing.

Elevated debt levels from the acquisition, after accounting for the recent C$ 345 million equity issue, contribute to estimated pro forma leverage of about 3.5 x, which is high for the rating.

The giant accounting firm announced last year that it would pay up to $ 7,200 in student debt for employees — as much as $ 1,200 a year for six years.

But the document notes that static calculations about debt fail to account for many other factors that can affect the entire picture, such as policy changes aimed at slowing debt accumulation.

And it mollifies us: the debts outstanding of those two REITs - $ 8 billion in total - account for only «4 % of the aggregate debt outstanding at the end of Q1 2017 for all US REITs that we rate.»

(Residential mortgage credit reliably accounts for about two - thirds of total household debt; the rest is composed of lines of credit, credit card and other consumer debt instruments.)

Correction: This story has been updated to reflect that Catalonia accounts for around 7 percent of Spain's total national public debt.

Therefore, Catalonia accounts for around 7 percent of Spain's debt, which is not a small price tag.

This story has been updated to correct that Catalonia accounts for around 7 percent of Spain's total national public debt.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

Solely for the purpose of determining the date on which debt allocated to an account under paragraph (c)(4)(i) of this section is reallocated, the taxpayer may treat all expenditures made during any calendar month from debt proceeds in the account as occurring on the later of the first day of such month or the date on which such debt proceeds are deposited in the account.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

Lenders will account for the tax debt when calculating your overall debt burden and cash flow.

Currently, federal student loans account for 90 % of the $ 1.4 trillion outstanding student loan debt across more than 43 million borrowers.

Michael's post seems to have three suppositions: Chinese companies price capital incorrectly; Chinese companies invest in value destroying projects; There is no correcting accounting mechanism in China for these projects as exist in other countries, thusly Chinese GDP inflates «real» growth and debt servicing ability.

And they can create this freely by writing a bank account for the borrower; and the borrower signs an IOU, whether it's a mortgage debt or a personal debt to pay off at interest.

According to Experian, pay for delete is when a borrower «offers to pay the debt they owe only if the creditor will remove the negative account history from their credit report.»

However, in comparison to households that only hold owner - occupier debt, there is evidence that investors tend to accumulate higher savings in the form of other assets (such as paying ahead of schedule on a loan for their own home, as well as accumulating equities, bank accounts and other financial instruments).

Accounting rules are designed to give the best estimate of liquidation value for debt investors, not to measure the capital used to generate returns, which is what matters to equity investors.

With each percentage point of the country's trade or current account surplus substituting for perhaps 10 — 15 percentage points of debt, China's trade surplus provides the country's leaders with crucial breathing space as Beijing maneuvers the necessary changes that will allow China to eliminate its reliance on debt.

Becoming an authorized user won't have a huge impact on your score because you aren't legally responsible for debts on that account.

The back - end ratio accounts for all of your debt obligations in comparison to your income.

This is the first study for the Class of 2015 that shows the average debt per graduate - a metric that not only takes into account how much debt borrowers graduate with, but also the proportion of all graduates with debt.

But it's important to check for information that could hurt your credit score: inaccurate information or debt that is too old to be reportable (longer than seven years since an account first went late, assuming no further activity on the account, for example).

Accounting earnings are based on rules designed for debt investors, not equity investors.

To be eligible for a Prosper loan, borrowers need credit scores of at least 640, verifiable annual income, a debt - to - income ratio under 50 % and three current credit accounts in good standing.