Sentences with phrase «difficulty servicing the debt»

Not exact matches

This is probably correct, but there can be transitional difficulties if borrowers have not factored in rising interest rates, have assumed that the debt servicing burden will be quickly eroded by rising incomes or, in the case of investment property, that it can be sold quickly without loss if a need arises.

New Zealand's dairy sector debt nearly tripled over the past decade to $ 30.5 billion in 2012 and some farmers will have difficulty servicing their loans in the year ahead, despite the prospect of a higher milk price, the Ministry for Primary Industries said.

The Income - Based Repayment (IBR) is best for borrowers who are experiencing financial difficulty, have low income compared with their debt, or who are pursuing a career in public service.

During times of economic difficulty, there is a greater demand for services to help debt - burdened consumers and small business avoid bankruptcy through negotiating debt reductions or settlements with their creditors.

Some people even end up with a poor score because they haven't borrowed enough, rather than because they have difficulty in servicing their debt.

I ran into difficulty with my other debt due to the high payments to service that debt and the high cost of living in the Bay Area.

The never pay strategy is adopted by a cardholder who never intended to pay the credit card bill in the first place, as opposed to someone who ran into financial difficulties that prevented servicing of the credit card debt.

If you are having difficulty correcting your debt problems on your own, contact the Consumer Credit Counseling Service (CCCS) in your area.

The UK Government's Report sought to highlight numerous difficulties an independent Scotland would encounter, reiterating that Scotland would no longer enjoy the services of the Bank of England nor those of the security and intelligence agencies; it would have to rebuild numerous public organizations, establish border controls and assume an equitable share in the UK's national debt and liabilities.

While Ms. Cullen and her sister rebounded successfully from their difficult situations, Cullen acknowledges the difficulties that could face a «newly minted lawyer slogging away at a corporate job to service $ 100,000 in student - loan debt.»

MoneyHelp provides a telephone financial counselling service and online financial information and advice to help people who are experiencing financial difficulty or debt...

Expect the market to regain activity in 2000 as supply and demand readjust or as properties are placed on the market because of management difficulties, failure to meet debt service, or both.