Sentences with phrase «debt over a period of time»

Debt service: The amount needed to repay interest and principal on a debt over a period of time.
Also known as an IRS Payment Plan, this arrangement allows you to pay your tax debt over a period of time (up to five years in some cases), depending on the type of tax debt and how much you owe.
Under Chapter 13, an individual repays at least a small portion of his or her debt over a period of time, usually between three to five years.
If the majority of your creditors agree, you'll then repay a portion of your debt over period of time.
Our online debt options calculator will instantly show you the implications of four key options for eliminating your unsecured * debt over a period of time.
A business owner or owners make a payment plan in conjunction with a creditor's committee, appointed by a U.S. Trustee, to pay off unsecured debt over a period of time.
A debt management program is plan to repay all of your debt over a period of time.
Lenders, who have already tried to collect their debts over a period of time and failed, write the debts off as losses on their income taxes.
Chapter 13 bankruptcy is designed to help individuals with a regular income repay a portion of their debts over a period of time — typically three to five years.

Not exact matches

«Hillary has worked very long and very hard over a long period of time, and we owe her a major debt of gratitude for her service to our country,» Trump said.
Editor's take: The Capital One Quicksilver Cash Rewards Credit Card is a great fit for frequent travelers looking to consolidate and pay down their debt over a short period of time.
Loan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals in exchange for interest payments and return of principal over a defined time period, similar to a mortgage or a car loan.
This is sound policy as far as it goes, but the question arises as to how to finance significant deficits over a period of time without unduly increasing the public debt burden.
It will buy $ 600 billion worth of US long - term bonds in the open market, close to 7 % of all Treasury securities in public hands, or about the amount the debt that the federal government will issue over that time period.
Debt service is the amount of money required over a period of time to repay debts.
Usmanov has previously offered to give Arsenal FC a loan to repay all our debts and the loan would of been interest free and over a period of time we chose, he offered that as he said he thinks we are so close to winning trophies and getting back to the top but needed to invest in the squad...
Dein tried to sort this out by bringing in Usmanov who was willing to load us the debt ammount on a interest free loan and over a unspecified period of time.
To be fair on Usmanov though, I did read years ago he wanted to loan us the money for our debts at interest free and over an unspecified period of time so we could keep spending on players... David Dein pushed for this man to buy us before Silent Stan came onto the scene.
The board says we have all this money in the bank WHEN they have it and before payments are made, yes they have # 200mil + but they have put aside majority of that to one side for wages / transfers over period of time / debts...
Usmanov has offered to loan Arsenal the debt money over a prolong period of time which Stan blocked.
The report also found lending circles helped participants reduce outstanding debt by an average of $ 1,000 versus a control group that increased its debt by an average of almost $ 3,000 over the same time period.
When you've handled debt responsibly over a long period of time, your credit score picks up.
Unfortunately, these questions will remain unanswerable until we have better ways of tracking student debt by race over a longer period of time.
Installment debts are one - time loans that you agree to pay back at regular intervals, generally a set amount over a fixed period of time.
Principal and interest comprise the bulk of your monthly payments in a process called amortization, which reduces your debt over a fixed period of time.
It is important to work with skilled experts to give yourself the best chance at restructuring your debt to a level you can afford under conditions you can fulfill over a reasonable period of time, not to exceed five (5) years.
Debt consolidation loans often have lower monthly payments because the debt is spread over a longer period of tDebt consolidation loans often have lower monthly payments because the debt is spread over a longer period of tdebt is spread over a longer period of time.
Debt Management Plan: A credit counselor negotiates interest rates with creditors to make an individually tailored plan to reduce the borrower's unsecured debts over a certain period of time.
The greatest benefits of this type of debt consolidation are the ability to spread loan payments over a long period of time, and possibly to deduct the interest you pay from your taxes.
Hopefully by the end of this period of time you'll be able get rid of your debt or take control over it and keep it at reasonable amounts.
By using a student loan consolidation program, the resulting loan debt is then repaid over a long period of time, thus easing the pressure and making the debt more manageable.
For reference, their Hispanic or Latino counterparts owed 83 percent of their original student debt over the same time period.
This effectively means that federal loans are bought out, but the repayments are over a longer period of time (perhaps 30 years) and at a fixed interest rate to ensure the process of clearing college debts involves the lowest possible monthly repayments - in some cases 50 % lower than initial terms.
What's more, if they arrange to repay their debts over a longer period of time, they may pay more in the long run.
As a person in your 20s or early 30s, you have one, count it, one strategy to secure a reasonably safe and secure retirement, and that is to live like an anchorite from the time you begin working to the time your career superannuates you into oblivion, and during that productive period to save and invest every penny you can while paying off the roof over your head and avoiding all other kinds of debt.
Enter the details of your current card, and your debt, and we'll show you how much you stand to gain over a 24 month period of time.
They make the decisions on what changes to spending are made, and restructure your finances to remove the debts over a set period of time.
When dealing with overall debts of $ 100,000 or more, the challenge is to secure a deal that can see the debt repaid gradually over a given period of time — for example 10 years.
If you can make the shortest amount of time work, that means less interest than if the debt is paid over a longer period of time.
If you can re-callibrate your budget, trim unnecessary expenses and pay off your debts over a reasonable period of time, you should.
Your score will improve over a period of time which will vary depending on your credit situation and the amount of debt you have outstanding.1
This is because it means they do not have to pay the unsecured debt ever, whereas Chapter 13 will require them to pay the debt, only it is paid over a period of time.
These small «snowflake» payments encourage the idea that small steps, taken over a consistent time period, can produce great leaps toward your goal of being debt - free.
As written, this is the loan forgiveness part of the legislation, however if you pay down your debt over a 20 year period instead of at a faster pace there is a chance that you will in fact pay more, so the game is all about the long term and what you pay out over time.
Avoid excessive inquiries - A large number of inquiries occurred over a short period of time may be interpreted as a sign that you are opening numerous credit accounts due to financial difficulties or overextending yourself by taking on more debt that you can or can not easily repay.
Debt Service: Debt service simply refers to the total principal and interest payments required on a loan over a specific period of time.
A credit counsellor will contact your creditors and help arrange a debt management plan that allows you to repay your debts in full over a period of time.
The key lies in taking full advantage of the pre-tax conversion and the use of «good debt» versus «bad debt» over an extended period of time, plus maximizing your leverage via an instrument that will pay a solid rate of return over time.
Loan amortization is the reduction of the auto loan debt as regular payments are made towards the principal and interests over a certain period of time.
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.
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