If America ends up in a sovereign
debt default while trying to reflate, there are unexpected benefits.
Not exact matches
While states technically can not go bankrupt, the assumption is that the federal government would step in to resuscitate them should they
default on all of their
debts.
While the island has
defaulted on small
debt payments in the past, a
default at GDB would be the most serious yet.
While there is no specific collateral requirement for Fundation business loans, the lender has a blanket lien on your business assets, meaning that in the event of
default, Fundation has the right to take possession of any business assets to fulfill the
debt.
China's one - year sovereign bond yield has climbed 14 basis points since the devaluation,
while the cost to insure the nation's
debt against
default jumped to a two - year high.
I disagree completely, and not just because transferring bad
debt from local governments to the central government,
while undoubtedly reducing the probability of a legal
default, does not in the slightest way address the cost of resolving the bad
debt.
While other cities chose to
default on Depression - era bonds, Asheville selected to pay back the city's
debt.
While a U.S. judge awarded the holdouts $ 1.7 billion in a ruling, Argentina decided to
default on its
debt again in 2014 rather than pay them.
Default rates tend to rise during economic downturns, since investors and businesses see a decline in income and sales
while still required to pay off the same amount of
debt.
Meanwhile, corporate
debt remains at record highs
while default rates have been at sustained lows — «something's got ta give,» S&P wrote in a report earlier this month.
Now, if the US prints dollars to pay its
debt, that can cause inflation, but the cost of inflation is borne by everyone
while the cost of
default is borne by only the bondholder.
Even worse, Reed advocates a
default on the
debt ceiling in a few weeks, which would cause major damage to our economy
while threatening delivery of Social Security checks, Medicare payments and Veterans benefits.
(CNN)- Two days before the deadline for a possible U.S. government
default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal
debt ceiling
while cutting spending and guaranteeing further deficit - reduction steps, Senate leaders announced.
Government regulatory agencies completely dropped the ball
while overseeing the surge of several dangerous financial instruments, especially sub-prime mortgages, collateralized
debt obligations (CDOs), and credit
default swaps (CDSs).
And
while average
debt per student has risen over time,
defaults are highest among those who borrow relatively small amounts.
While ACICS does not track student
debt load and loan re-payment, it does look at other indicators, such as job placement figures and
default rates.
While CEA - backed
debt is not backed by the full faith and credit of the State, and failure to appropriate will not constitute an event of
default under the CEA, to date there have been no such failures to, or delays in, appropriation.
On April 30, 2009, the automaker filed for Chapter 11 bankruptcy protection to be able to operate as a going concern,
while renegotiating its
debt structure and other obligations, [41] which resulted in the corporation
defaulting on over $ 4 billion in secured
debts.
While some might assume that these borrowers are co-signers on their children's loans, forced to pay after the student
defaulted, in reality the number of seniors over age 64 carrying student loan
debt has increased significantly in the last decade — 385 % to be exact — according to the GAO study.
While tuition and, consequently, student
debt rise every year, another statistic is on the rise: the federal student loan
default rate.
«
While banks wrote off a total of $ 75 billion in credit card
debt, the level of the
debt only declined by around $ 67 billion» and «the entire decrease in overall
debt is the direct result of Americans
defaulting on their
debt»!
They provide added flexibility for credit card users
while giving some assurance to credit card issuers that the cardholder hasn't
defaulted on their
debt.
While there is no specific collateral requirement for Fundation business loans, the lender has a blanket lien on your business assets, meaning that in the event of
default, Fundation has the right to take possession of any business assets to fulfill the
debt.
By completing and submitting a borrower defense application, you may have all of your federal student loans in repayment placed into forbearance status and have
debt collections on any federal student loans in
default stopped («stopped collections status»)
while ED reviews your application.
While defaulted low - income borrowers may face EITC seizures of thousands of dollars in a single year, borrowers in good standing with the same amount of
debt have notably lower payment obligations, potentially as low as $ 0 a month.
While it's unclear how many people actually do
default on their
debts by leaving the country, some recent statistics in Dubai suggest that it has become more prevalent since the economic downturn.
While 93 percent of people who are sued for credit card mistakenly do not respond to a summons for credit card and end up with a
default judgment against them (according to the New York Times article mentioned below), there is plenty of hope for any «guilty» debtor who answers a credit card
debt summons.
These institutions, as well as certain regulated banks, had also assumed significant
debt burdens
while providing the loans described above and did not have a financial cushion sufficient to absorb large loan
defaults or MBS losses.
While student
defaults continue to make headlines, politicians at both the national and state level have proposed everything from bailouts to national
debt forgiveness as a solution to get student
debt under control.
Even though the bank card rate at 3.11 % is 61 basis points above its recent low
while the other
default rates are within a few basis points of the low, there is little reason to be concerned over rising consumer
debt levels.
According to economists at Moody's Analytics, about 80 percent of the
debt decrease is a result of
defaulted loans,
while only 20 percent stemmed from voluntary cutting back.
While interest payments on regular
debt can not be missed without risking going into
default, preferred dividend on the hybrid
debt of preferred stock can be suspended from time to time.
While other cities chose to
default on Depression - era bonds, Asheville selected to pay back the city's
debt.
While private student debtors have fewer options in
default, federal student loan borrowers are still having difficulty paying back their
debt.
The plan is developed such that you won't
default while in a
debt consolidation or bill consolidation program.
While some lenders might be worried that borrowers with student loan
debt might not be able to handle monthly mortgage payments, Fannie Mae is anticipating that the mortgages originated under the new guidelines will have low
default rates since applicants must still meet regular credit score and other underwriting criteria.
While borrowers represented by Republicans have lower levels of
debt, they are much more likely to
default on their loans.
represents the perfect hedge for the Euro
debt crisis — if we sail through the crisis, the fundamental case I outlined remains,
while if everything goes horribly wrong (increasing budget deficits,
debt restructurings,
defaults, Euro ejections / withdrawals etc.) that will be even more reason for investors to flee to German assets, the hard core of the Euro and Europe.
Student loan consolidation is a fast way to reduce your monthly commitment to your student loan
debt while allowing you to retain your credit rating and avoid
defaulting on your loan obligations.
While this
debt level is certainly a byproduct of these factors and much more, one thing is certain: a call for reform is the byproduct of student loan
debt and
default.
34 % of federal student loan
defaults occur on loans less than $ 5,000
while only 18 % of students with more than $ 100,000 of student
debt defaulted on their loans.
While many politicians will try to make the point that high student loan
debt leads to a higher rate of
default, data from the
While many politicians will try to make the point that high student loan
debt leads to a higher rate of
default, data from the Consumer Credit Panel shows that the
default rate actually drops as the amount of borrowing increases.
The average student debtor holds $ 27,975 in student loan
debt,
while the average federal student loan
default rate sits at 11.8 percent.
While Europe's in shambles, the US has its share of crises in the year ahead, with strategic
defaults becoming the «new black» and the government's insatiable appetite for
debt over spending cuts.
While the United States government has been relying on
debt collectors to help
defaulted student loan borrowers get back on track, analysis from the CFPB claims that the money is going to waste.
Typical media narratives portray borrowers with large
debts as those most likely to struggle.26
While these individuals may have trouble affording their payments, they are not at as great a risk of
default as those with smaller loan balances.
Fixed income markets also diverged, with government
debt benefiting from continued aggressive monitory policy
while riskier corporate
debt suffered from the possibility of increased
defaults.
If your
debts have been in arrears for a
while, or you've been sent
default notices, you'll almost certainly start to hear from
debt collectors.
The difference is that
while Fannie Mae or Freddie Mac stand behind the agency
debt they issue, non-agency paper doesn't give an REIT as many remedies if the borrower
defaults.