Sentences with phrase «debt hit another record»

Card debt hit a record high, while credit scores reached their highest point in a decade, as consumers loosen the purse strings.

TORONTO — Canadian household debt hit a record high during the third quarter, as it grew at a faster pace than disposable income, according to the latest figures from Statistics Canada.

The cold reality is credit card debt hit a record $ 1.02 trillion in November, according to figures released by the Federal Reserve.

Not exact matches

Earlier this year, the household debt - to - income ratio hit another record of 167.8 per cent.

China's economy expanded at a steady 6.7 % in the third quarter and looks set to hit Beijing's full - year target, fueled by stronger government spending, record bank lending and a red - hot property market that are adding to its growing pile of debt.

More from College Game Plan: Student loan balances hit record $ 1.4 trillion The first steps to repaying your student debt Three ways to avoid the financial death spiral of defaulting on your student loans

The average MBA debt last year hit a record $ 107,172 at Sloan, up 25 % in four years from $ 86,688.

Shares of Singapore - listed offshore services company Ezra Holdings hit record low on Wednesday as concerns over its debt obligations continue to mount.

Outstanding revolving balances — largely credit card debt — again hit a record high in January, while student and auto loan debt grew by 5.6 %.

And in the face of record valuations and record debt, we're seeing rising interest rates (the yield on the 10 - year Treasury hit 3 % last week for the first time since 2014) and other signs of inflation like rising oil and copper prices.

This mostly explains the why credit card debt hits a new record high every month now.

Statistics Canada, the country's data agency, said the ratio of household credit - market debt to disposable income hit 163.4 % in the April - to - June period, an increase from the upwardly revised 161.8 % recorded in the first quarter.

With the Spanish banking sector's bad - debt ratio hitting a record 6.5 % in May, a 16 - year high, stress test results brought few surprises and highlighted the need for further sector consolidation.

Household debt continues to hit record highs, with Canadians owing $ 1.67 for every dollar of disposable income they earned at the end of the third quarter of 2016.

I've left out the fact that household debt hits a new record every month.

Even though the company was posting record sales and was on course to show a profit in the second quarter, earnings took a huge hit from a $ 15.1 million loss on prepayment of debt and $ 3 million in equity - based compensation charges.

Statistics Canada in March reported that the country's average household debt - to - income ratio hit a record - high 167.3 per cent.

Reference: The Globe and Mail - Household debt ratio hits record.

Although bankruptcy filings have been trending downward for years, household debt is expected to hit a new record in 2017.

According to the Institute of International Finance (IIF), China's household debt - to - GDP ratio hit a record high of 45 % + in the first quarter of this year.

The average family debt - to - income ratio in Canada has now hit a record 150 per cent, the Vanier Institute of the Family said Thursday.

Household debt levels have hit record levels in recent years and housing markets have boomed, helped by low interest rates that have allowed consumers to borrow cheaply.

Just last year, Canada's household debt burden hit record highs, and holiday spending was up another 8 percent.

Household debt continues to hit record highs, with Canadians owing $ 1.67 for every dollar of disposable income they earned at the end of the third quarter of 2016.

Total outstanding student loan debt has hit record levels, recently topping $ 1 trillion.

Earlier this year, the household debt - to - income ratio hit another record of 167.8 per cent.

Consumers» fears of missing payments hit record low, NY Fed says — Consumers» expectations of meeting their minimum debt payments reached a record level of optimism in March, New York Fed survey finds.