Sentences with phrase «debt obligations take»
This means your monthly debt obligations take up a large chunk of your gross monthly income.
https://www.creditdonkey.com/ Not exact matches
Through the loan guarantee, the USDA will take over the debt obligation if Fulcrum BioEnergy is unable to pay.
For them, your monthly debt obligations mapped against your monthly income is a good indicator of how comfortably you can take on more debt.
Another quarter of those surveyed said that they're putting extra cash toward other financial obligations, such as paying down debt, taking care of aging parents and paying for their kids» expenses.
Taken together with local government borrowing and other obligations, China's gross government debt could be as much as 60 % of gross domestic product, says UBS China economist Wang Tao.
Interest coverage is the equivalent of a person taking the combined interest expense from his or her mortgage, credit card debt, automobile loans, student loans, and other obligations, then calculating the number of times it can be paid with their annual pre-tax income.
In today's postindustrial economy this obligation takes the form of homeowners and employees spending their working lives paying off their mortgages and other personal debts in an attempt to improve or merely to maintain their economic position.
-- Former Fed Governor Larry Lindsay: «Unfunded Social Security and Medicare / Medicaid liabilities when added together to US Federal debt take US obligations closer to 300 percent (of GDP) v. 100 percent, which is more than Greece's debt.»
As with other debt obligations, defaulting on a student loan will send a borrower's credit score plummeting, from which it can take years to recover.
But there are scenarios where the would - be home buyer simply has too much debt to take on a mortgage obligation, and is therefore unable to qualify for financing.
On the other hand, if there are not enough assets in the estate to fulfill the debt obligations and if no heir can take over, then there is not much else that can be done.
Plus, I had so much debt from caring for our daughter that I am still paying off that the idea of taking on a spouse and their financial obligations and risks (yes HIGH risks) is not worth it to me.
«The Congressman has taken advantage of his position to qualify for a debt reduction that is supposed to be reserved for hard - working families that are experiencing a financial set back,» said Cox, adding, «It is not for a congressman that wants to avoid his obligations and a personal financial loss.»
The utility has failed to take steps to reduce its $ 10 billion debt, has high tax obligations, poor budgeting and lacks liquidity, Dr. Cordoro said.
«Issuance of Eurobond in the ICM and / or loans syndication by the banks in the sum of $ 3bn for refinancing of maturing domestic debts obligations of the Federal Government of Nigeria, while looking forward to the timely approval of the National Assembly to enable Nigerians to take advantage of these opportunities for funding.»
Costly obligations to fund debt service and health insurance for retirees took significant chunks of City Schools» overall budget.
Pennsylvania took over Philadelphia's public schools in 2001, and test scores have dropped while the district wrestles with the debt it incurred from pension obligations and funding new charter schools.
That is why it is so vital that you take steps to raise your credit score, earn and save as much money as possible, and pay all of your debts and loan obligations on time.
Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).
As with other debt obligations, defaulting on a student loan will send a borrower's credit score plummeting, from which it can take years to recover.
If you consolidated credit card debt by taking out a student loan, the government just wiped out your high - cost obligation.
That said, I would be uncomfortable owning Fannie or Freddie here; just because the government might stand behind senior obligations doesn't mean they would take care of the common and preferred stockholders, or even the subordinated debt.
You can view your credit and debt in the luxury of your home and in addition, you can check in daily to see what personalized savings opportunities are available for you take advantage of — and there is never any obligation.
Even if you do not choose to use this type of bad credit loan for your business, taking care of your own debt obligations and improving your credit will help you in getting the business loan you do need.
Lenders will take a look at your debt and your income to decide whether you can handle a new loan obligation.
Since it takes the average student many years to repay student loan debt in British Columbia and since it can be difficult to obtain long - term, sustainable employment in their chosen career, it is not surprising that after years of struggle many discover that they are not able to keep up with their student loan repayment obligation and find the outstanding balance prohibitive, limiting their lives accordingly.
But when you abuse credit — or mishandle your debt obligations — you can almost certainly expect to take a financial tumble.
Still others just need a great way to cash out equity in their homes that has been built up over the years - possibly to make home improvements, do remodeling, buy a car, take a vacation, pay for education, or even to pay down other debts and obligations.
I don't know and I don't care because without Leveraging our income for debt obligations we now are able to take all of our money home and do what we want with it.
And they don't take into account your other debts, or your other obligations.
You have no obligation to pay your folks» bills post-mortem, although if you've co-signed any loans or own property with them, you could be on the hook if there's not enough money in the estate to cover their debt, says Sandra Foster, financial planner and author of You Can't Take it With You.
If you know your debt obligations are already too high, don't take out new credit as this will increase your chances of default and drastically affect
If you know your debt obligations are already too high, don't take out new credit as this will increase your chances of default and drastically affect your credit score.
This can help a great deal in minimizing monthly debt obligations especially at a time when many are taking on other new debt such as a mortgage or rent, new auto loan payments, and / or other household expenses.
Get started by taking a good look at your debt obligations, and develop a plan that works the best for your specific goals.
Start taking advantage of our proprietary electronic debt - settlement system and put our best - in - class debt advisors to work today with a free, no - obligation debt consultation, no matter what your credit issue is:
With the overwhelming amount of information on the internet about debt and debt relief programs, CuraDebt encourages you to take advantage of its completely free, no obligation consultation to see if you think its services are right for you.
Lenders have always looked at things like employment history, credit and debt, but now lenders will have to take a closer look at your debt obligations before you are able to secure a loan.
The rule requires lenders to take into account a minimum of several underwriting factors, including income, employment, debt obligations, credit history and monthly debt - to - income ratio not exceeding 43 percent.
Considering the low likelihood that such bad debt will ever be repaid, debt buyers make their money by taking over these obligations for a fraction of their face value and aggressively going after consumers for payment using letters, calls and lawsuits.
Surety bonds, like most bond issues, tend to be quite large and therefore the issuing organization assumes more risk should the company which took on the debt go out of business or fail to meet financial obligations of the issuance.
When taking out a new loan, you should calculate your business's debt service coverage ratio with all current debt obligations and the new loan before approaching your lender.
After you have totaled monthly debt obligations, calculate the percentage of take - home pay they represent.
Along with the insightful reading materials, you will also receive a certificate that you are instructed to take to your bank to let your creditors know that you are legally releasing yourself from any obligation to repay your mortgage, credit cards and other debts.
Some of these things may include getting you to reveal information about yourself you may have no obligation to reveal or having you to send money you have been told would be settlement of the debt in full only to find they have lied and simply taken the money on account.
There's no obligation to commit today, and you can take as much time as you like to consider your debt settlement options.
Many borrowers take home equity loans to pay off debts and meet certain financial obligations but there are some who simply need it to fund their businesses.
The same applies to refinancing; reducing the maximum amount you can take out by five percentage points is not a large amount, but it does reduce the monthly finance obligation, one way to trim runaway debt payments.
We believe that the enhanced consumer information that the Department will provide, which will include voluntary PLUS loan counseling for all student and parent PLUS borrowers, and the mandatory PLUS loan counseling for certain borrowers will help students and parents to understand the obligations associated with borrowing a PLUS loan and assist them in making careful decisions about taking on student loan debt.
In the event you do not fully meet a settlement obligation, we may, without further notice, take action, including but not limited to: liquidating or canceling the transaction; transferring securities or money from any other of your Accounts; liquidating securities from any such Accounts and applying the proceeds from such sales to your debt or liability to us; and purchasing or borrowing securities to make delivery.