Sentences with phrase «declining balance of your debt»

Not exact matches

The result is Canada is at «some risk» of a balance sheet recession — a period of slow growth or decline caused by consumers saving and paying down debt rather than spending.

There were modest increases in mortgage, auto and credit card debt (increasing by 0.7 %, 2 % and 2.6 % respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9 %).

In proposing balanced budget legislation, the Harper Government has indicated that the debt - to - GDP ratio will continue to decline below its target of 25 per cent of GDP.

The Blair / Brown economic legacy was one of under - investment in key infrastructure, notably transport and energy; a continuing decline in manufacturing contributing to a structural balance of payments deficit; an accelerating regional economic divide; and a speculative property and construction boom financing public and private consumption through highly leveraged government and household debt.

«We inherited an economy with declining revenue and GDP growth, raising inflation, weekly balance of payment, declining foreign reserved, raising public debt, capital market and raising unemployment.

These are problems of inclusive economic growth to address unemployment, decline in the agriculture sector, rising cost of living, collapsing businesses, the energy crisis («dumsor») unsustainable debt, poor infrastructure, rising interest rates exchange rate depreciation, rising fiscal and balance of payments deficits, and corruption.»

Mortgage debt is one of the only categories that saw a decline in the number and amount of new debt; like auto loan balances, credit - card and student - loan debt is on the rise.

There has been a steady increase in the total amount of past - due debt in the program, while the number of borrowers has declined, suggesting that interest charges and other fees are inflating the loan balances.

What helped my family and I as we successfully paid off our debt was not only tracking the declining balance of each individual debt, but looking at the «BIG PICTURE» by tracking the increasing balance in our overall net worth.

This makes it harder and harder for you to climb out of debt, and likely in this scenario, unless you find a way to pay down balances, your credit score will decline.

Though Federal Reserve governor Janet Yellen recently noted that American household balance sheets are much improved, the quality of American credit card debt is declining and remains a significant burden for many U.S. households.

• Rising sales • Rising earnings • Rising dividends • Strong balance sheets • Ample cash • Modest debt • Stocks with a proven record of low volatility in previous stock market declines.

The result is Canada is at «some risk» of a balance sheet recession — a period of slow growth or decline caused by consumers saving and paying down debt rather than spending.

Credit card balances rise in March — Consumers» revolving debt load increased in March, ending two months of declining balances... (See Fed consumer credit report)

Those periodic special dividends are feasible because of the firm's immaculate balance sheet, which has almost no debt, relatively high cash levels (relative to the size of the company and its acquisitions), and a high current ratio (i.e. the company's short - term assets cover its short - term liabilities by more than three-fold, thus protecting it from unexpected negative financial strains, such as during recessions when demand from restaurants can lead to declining sales, earnings, and cash flow).

Though there is somewhat of a decline your credit score due to the fact that you have a brand - new installment loan — on which there is no history of successful payments — that is typically more than offset by the improvement in your credit utilization ratio and the decline in the number of debts with outstanding balances on them.

«We traditionally see credit card delinquencies and balances decline during the first three months of the year as many people pay down their holiday shopping balances or use their tax refunds to pay off their debts,» said TransUnion's Ezra Becker in a statement accompanying the report.

And while you could give a kid a credit card with a low credit limit, it sets a better precedent to get them in the habit of thinking in terms of declining balance and the cost of a purchase rather than getting in the habit of maxing out credit limits — and then having their parents magically erase that debt.

Non-mortgage debt balances, such as debt from auto loans and credit cards, experienced a period of decline during the immediate aftermath of the Great Recession and have how either flatlined or rebounded slowly in recent years.

In nominal terms, the outstanding amount of mortgage debt nationwide has not surpassed its housing - boom related peak and is a declining share of households and nonprofits» aggregate balance.