Sentences with phrase «existing debts means»

So, even though refinancing existing debts means a reduction in interest rates, by including a reliable cosigner the size of the overall debt is reduced even further.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

Not exact matches

That means having a budget so you can stay out of debt (or pay off existing debt), as well as an idea of how your money will work for you.

A credit card balance transfer simply means moving your debt from your existing cards onto another new card which usually has a lower rate of interest.

It means that all of the business's net income for a year will need to be used to pay off existing debt.

«It will mean that when it does come time to buy a house or retire you will be financially prepared and have an existing relationship with a financial planner to help navigate the complexities of investing, taxation and debt.»

Eligible Purchases means the amount of purchases of goods and services that are charged to your HSBC Advance Mastercard ® account except for quasi-cash transactions (which include purchases of wire transfers, travelers cheques, foreign currency, money orders, payment of an existing debt, bets, lottery tickets and gaming chips) less any credits for returns, rebates or adjustments.

Through consolidation the balances on existing debts are bought out in one go, and because it means clearing debts immediately, the pressure is eased immediately.

This means the terms on future loan deals can be better, ensuring consolidating existing debts is the most beneficial method to clearing debts - as long as the terms of the debt consolidation loan are right.

What this means for millennials is that getting a credit card is like taking on another debt, on top of the existing student loans they need to pay off well into adulthood.

Well, when applying for a debt consolidation loan with bad credit, the lender needs to be sure that a means to repay exists.

That means prospective borrowers will need to meet the same credit, debt - to - income, residual income and other requirements as a veteran purchasing an existing home.

Even though you are paying off the existing loan; that does not mean that you are out of debt.

It does not mean the debt no longer exists.

The conundrum exists in the details: to carry a balance means to carry debt.

However, the Wells Fargo Cash Wise Visa ® Card also extends that promotion to balance transfers, which means you can use it to pay down any existing debt you may have on your credit cards.

If it's possible to borrow more cheaply elsewhere to replace existing borrowing, then this can provide a huge boost, as lower interest rates mean more of your cash goes towards repaying the actual debt rather than just servicing the interest.

What this means is that the only way to lower the debt utilization ratio is to pay down existing debt which will also take months if not years.

What this means is that it may not be possible to consolidate every penny owed, but certainly in refinancing existing debts (even 75 % or 85 % of them) makes a huge difference.

2Eligible purchases means the amount of purchases of goods and services that are charged to your Account except for quasi-cash transactions (which include purchases of wire transfers, travelers cheques, foreign currency, money orders, payment of an existing debt, bets, lottery tickets and gaming chips) less any credits for returns, rebates or adjustments.

A ratio of.8 to 1 means that only 80 % of the existing debt can be paid from the business's net income.

This means it is now easier to qualify for a mortgage loan with existing debt.