Sentences with phrase «debt limits established»

Not exact matches

Once you've established some history of paying back your debt, your credit card company may be willing to increase your limit.

The legislation enforces limits on discretionary spending until 2021, establishes a procedure to increase the debt limit, creates a Congressional Joint Select Committee on Deficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such savings.

The Statutory Debt Limit was established under the Second Liberty Bond Act of 1917 that limits the amount of public debt that can be outstandDebt Limit was established under the Second Liberty Bond Act of 1917 that limits the amount of public debt that can be outstanddebt that can be outstanding.

That limit is based on the state Debt Reform Act of 2000, which established limits on debt outstanding and debt servDebt Reform Act of 2000, which established limits on debt outstanding and debt servdebt outstanding and debt servdebt service.

The issue of affordability is established by the debt - to - income ratio, which limits the amount of excess income that can be dedicated to repaying debts.

The debt - to - income ratio confirms the affordability of a loan by establishing a strict limit to the share of excess income spent on repaying a new loan.

Compton was yet further in debt by the time the new credit limit was established, and, with the lender providing extensions to the cure period, by the end of June had $ 30 million to repay to become compliant.

These federal acts enacted laws establishing your rights and limiting what a debt collector can and can not do against you.

But the new law will also establish some hard limits for debt - to - income ratios.