Sentences with phrase «debt defaults even»

Not exact matches

Even though the dollar gets a bounce from the safety trade, especially when investors are running from European default, the trend in the dollar is lower as we dig ourselves deeper into debt.

The teleconference Wednesday evening will go a long way to determining market expectations as to whether Greece will default on its mountain of debts any time soon.

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.

«He's walked back his comments on defaulting on debt — but the fact that they even trickled out of this mouth shows that he's a f — ing idiot when it comes to macroeconomics,» he added, one of several lines that got laughter and applause.

«And even more importantly, a failure to promptly raise the debt ceiling, leading to a U.S. selective default, could seriously damage the global economy and financial system.»

Debt transactions can also include security features tied to certain assets of a debtor providing an even greater level of security to creditors in the event of default or bankruptcy.

None of these goals lead to generating the cash flows Valeant needs to pay its debt holders, even if there is no default.

But as most debts are denominated in euros — and owed mainly to foreign banks or their local branches — devaluation would cause a sharp jump in debt service, causing even more defaults and negative equity in real estate.

This makes economies less competitive, and hence even less able to pay debts that are accruing interest, leading toward a larger ultimate default.

Even absent an agreement, the United States would not necessarily default on Aug. 2 because there would be enough tax revenue to make some payments on its current debt.

This is why those economists who understand the structure of Chinese growth and who worry about the consequences of rising debt notice even relatively small defaults.

These misunderstandings could delay your journey toward a debt - free life or even cause you to go into student loan default.

This feature guarantees that the policy will not default, even if the cash surrender value falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy Value.

If we can't even get our (extremely generous to private corporations) healthcare law enacted without half our lawmakers threatening to shutdown the entire govt and default on our debts over it, there's no way we're going to have first world maternity leave.

Some form of debt re-denomination, re-structuring or even default would ensue.

Brown said defaulting on the debt would suggest Scotland was on the «road to ruin» and that even Zimbabwe was honouring its international debt commitments.

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.

• Debt and default among black or African - American college students is at crisis levels, and even a bachelor's degree is no guarantee of security: black BA graduates default at five times the rate of white BA graduates (21 versus 4 percent), and are more likely to default than white dropouts.

Recent analyses of administrative data suggest that borrowers who leave college without earning a degree are at even greater risk of default than those who graduate, even if they graduate with more debt.

[2] More recent work that tracks debt outcomes for individual borrowers documents that the main problem is not high levels of debt per student (in fact, defaults are lower among those who borrow more, since this typically indicates higher levels of college attainment), but rather the low earnings of dropout and for - profit students, who have high rates of default even on relatively small debts.

In the U.S., student loan limits are too low to cover even tuition at the typical public four - year institution, let alone the non-tuition costs of attendance, and many students default on debts well below the maximum levels.

Even if you have a stellar history of paying your credit card bill on time, if you default on a completely separate loan, the interest on your credit card debt could rise dramatically.

If you've missed many payments, you could end up in default and owe even more on your debt.

Both of those cases are still better than an open collection; that says to someone considering loaning you money that not only will you default, not only will they have to write it off, not only will the collections agency make less profit... the collections agency is unlikely to see ANYTHING from this bad debt and may not even agree to buy it.

Because more people are defaulting on loans, some schools are even offering debt counseling and budgeting sessions before students can begin attending, like the program at Tidewater Community College.

Rising house prices can not compensate for second or even third mortgages to refinance credit card debt or HELOC balances that increase when homeowners default or miss payments due to a sudden financial hardship like a job loss or increase in interest rates.

The lawsuit claimed that Navient had given wrong payment information to borrowers, processed their payments incorrectly, not responded to customer complaints, and damaged the credit scores of military veterans after reporting that they had defaulted on their loans, even though veterans have the right to seek debt forgiveness.

Even if you choose not to pursue avenues out of default, you have the right to fight back against debt collection agency harassment or abuse.

Negative items related to federal student debt are also never removed from your report even if the default was on a few hundred dollars.

Even worse, too many late payments or a default on a student loan will make you ineligible for some loans, meaning you might not be able to buy that house or that car a few years down the line because you didn't manage your student loan debt.

Answer: All debt records stay on your credit report for 7 years from the date that you originally defaulted, even after you pay it off in full.

Therefore being a homeowner reduces the risk involved in the transaction for the lender because there is a property of significant value which can be sold to repay the debt in case of default even if they have to wait for a long legal process.

The Department of Education admitted that it had initially inflated student loan repayment rates, with actual numbers showing that at least half of students at more than 1,000 schools defaulted or failed to pay down their debt by even $ 1 within seven years.

Once you default and the balance is charged off, they will not change it even if you pay a debt collector.

For this reason, it's important that any potential cosigner is aware that if the borrower stops making payments, the default will go onto the cosigner's credit report and they can even be sued personally for the debt.

Even if a lawyer is not an option start looking at debt settlement since that is essentially what a strategic default would force the lenders to do.

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.

This is because the default rate, even for those with debt levels approaching the upper limit, are within a range acceptable to the lender.

• 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.

Borrowers also report having their professional licenses revoked after their student loans default, making it even harder to repay the debt.

That higher yield comes with the increase risks that the corporation could have trouble repaying the debt, or even defaulting.

In other words, non-recourse debt limits STORE shareholders» liability and helps ensure the dividend remains intact, even in a worst case scenario (non-recourse loan default).

Proving undue hardship was my way out from under my debt to the Department of Education (DOE), where all of my loans had been consolidated and had fallen into default and my small incomes from Social Security and a even smaller civil service retirement that were both being garnished to the tune of nearly $ 300.00 a month.

And at that, there's an even better chance that student loans will be brought as well.With that being said, it becomes commonplace to list out the usual statistics: $ 1.41 trillion debt toll, over 40 million borrowers, and a default rate pushing 11 percent.

The first option is usually more successful, because most creditors feel if you can commit to paying something over a period of time, you should be able to pay back what you owe even on a defaulted debt.

Even with flexible payment plans, a large portion of debt holders have defaulted.

Failure to respond within 20 days means you the debt buyer can get a default judgment — which means you lose before your case even starts.

That way, it won't lose any money even if you do default on your credit debts.

Graduates need to know that even though you are automatically enrolled into a standard repayment plan by default there are actually seven different types of student loan debt repayment plans.

In addition, if your debts are too far gone and are in default, some solutions may not even be available.