Sentences with phrase «for accumulating debt»

Of those abstaining from card use, the main reason cited was the potential for accumulating debt.

The risk for accumulating debt at an alarming rate is especially high for those who do not complete college because traditional jobs in the higher pay range generally require some college education.

If the reason for accumulating debt to begin with is not addressed, credit balances will return.

This is true for all teachers, not just charters, but charters participating in pension plans will have to contribute the same amount as all other schools, even if their teachers aren't benefitting and they weren't responsible for the accumulated debt.

«Since both co-signers are responsible for the accumulated debt, a co-signed credit card can have negative implications if one signer makes late payments or misses them altogether,» Battison said.

Not exact matches

This finding points to the need for a coherent framework for weighing the relative financial and macroeconomic consequences of accumulating public sector versus private sector debt.

Another concern is the results of last weekend's regional elections, the worst showing in thirty years for Spain's ruling party, and the risk that this will lead to the discovery of higher debts accumulating on the part of Spain's municipalities.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

A deal for Salix would help Valeant trim the large debt pile it accumulated through aggressive acquisitions.

Our survey found that consumers accumulate credit card debt for different reasons, including spending above their means, bouts of unemployment and paying for the essentials that their income doesn't cover.

However, in comparison to households that only hold owner - occupier debt, there is evidence that investors tend to accumulate higher savings in the form of other assets (such as paying ahead of schedule on a loan for their own home, as well as accumulating equities, bank accounts and other financial instruments).

But for the economy as a whole this debt accumulates interest.

Here are some goals for this period of your life: Aim to be free of consumer and student debt; accumulate an emergency reserve fund of six to 12 months of living expenses; and try to increase your retirement savings contribution up to 15 percent.

China has been accumulating US debt for many decades.

We, on the other hand, view it with hope: because more than anything, the events of the past few days show that the truth is getting out — the truth that capital markets simply can not exist under the authoritarian rule of central planners, the truth that the stock market is a casino in which the best one can hope for a quick flip, and finally the truth that our entire socio - economic regime, whose existence has been predicated by borrowing from the uncreated wealth of the future, and where accumulated debt could be wiped out at the flip of a switch if things go wrong in the process obliterating the welfare of billions (of less than 1 % ers), is one big lie.

Alaska residents pay more for goods and services than residents of many other states pay, and so it's no surprise that residents of the state has accumulated some debt over the years.

However, during September some global institutions voiced concerns about the speed at which China has accumulated debt — which has risen from 147 % of GDP in 2008 to 255 % in March of this year according to the Bank for International Settlements — could hamper the country's ability to maintain its current level of growth.

The model also assumes that the households never suspend saving or debt payments, or withdraw from accumulated savings, except for the two instances (home upgrade and education payment) mentioned above.

Unfortunately for them, accumulating student loan debt for getting a graduate degree is the type of First World problem that isn't likely to evoke sympathy from those struggling to pay their mortgage.

Research by financial experts also say that large student loan payments can significantly hurt a young adult's ability to begin to accumulate wealth: «The median 2009 net worth for a household without outstanding student debt was $ 117,700, nearly three times the $ 42,800 worth in a household with outstanding student debt.»

Toys R Us, one of the top toy and children's furniture and juvenile products retailers in the nation, filed for Chapter 11 bankruptcy protection early this week, faltering under a massive debt load that has accumulated at a time when more consumers are shopping on line.

Huge data sets were shared with IDEO staff for their project, but even members of the SF Board of Education have no access to files showing how many students at each school have not yet returned a meal application, or how many ate school lunch in October, or how much cafeteria debt each school is accumulating.

Running mate for the opposition New Patriotic Party (NPP), Dr. Mahamudu Bawumia has sought to exonerate his party from accusations by President John Mahama that they accumulated 41 percent of the nation's external debt.

About 66 % of Ghana's total debt since independence, has been accumulated under President John Mahama, Dr. Mahamudu Bawumia, the New Patriotic Party's (NPP) running mate for the 2016 general election has said.

The Finance Minister indicated that, the current debt to GDP ratio is about 71 percent, whiles noting that «for the first time in over 12 years, since the declaration of HIPC [Ghana assuming the status of a Highly Indebted Poor Country], we have seen the rate at which we actually accumulate debt decline.»

«It will be a real shot in the arm for SESAME, as it will allow Iran to start paying again and pay debts which have accumulated since sanctions began,» he says.

Interest on debt, which is a much smaller amount than the other two categories, is the interest the government pays on its accumulated debt, minus interest income received by the government for assets it owns.

The sugar baby experience allows a young woman to pay for the costs of a college education and to begin to pay off the loan debt that their education accumulated years before their competition begins addressing the college debt.

If those schools were to merit a special mention regarding the debt gap, researchers and the media should be able to show that students who attended for - profit schools accumulated more debt than if they had attended a different type of school, or that a graduate degree from a for - profit school has a lower return on investment than one from another school.

Carrying an unfunded liability, or pension debt, of any size increases the cost of retirement benefits, because in addition to paying for the benefits teachers earn each year, employers are charged a premium on each employee to help pay off the accumulated pension debt, Mr. McGee said.

You acknowledge that, indeed, for some kids it does, but add, «What about the 62 percent of students nationwide who enter college unprepared, many of whom will never graduate and have accumulated a mountain of debt in the process?

The Department for Education said local authorities should pay the debts as they were accumulated when the schools were under council control.

In the example set forth below, senior debt service (as well as reserve accounts for the benefit of senior bondholders) accumulates revenues ahead of TIFIA debt service and reserve accounts for TIFIA debt service, if applicable.

You may continue these SIPs, may be for next 15 years and slowly move the accumulated corpus (15th year to 20th year period) to safe / debt oriented financial securitieds (like Debt mutual funds / FDs / Post office schemdebt oriented financial securitieds (like Debt mutual funds / FDs / Post office schemDebt mutual funds / FDs / Post office schemes).

The first drawback to debt settlement for payday loans is the time it may take to accumulate sufficient funds in your escrow account.

For example, some buy life insurance if they have accumulated debts, or are concerned about leaving family members with hospital and funeral expenses.

After years of accumulating rolling high interest debt and seeing their net worth moving in the wrong direction as liabilities overtake any income gains, it's worthwhile assessing various debt solutions and tackling the problem once and for all.

They are meant for short - term borrowing, but due to high rates and easy turnover rules, they tend to roll over and accumulate into large debts.

Even though their names are synonymous to consumption spending, they are personal loans that you can use for both consumptive and productive spending — accumulate debt or create wealth.

Their accumulated debt, made it impossible for them, with reduced incomes to make payments.

If your financial house is in order and you've accumulated a healthy emergency fund and you are debt - free, another option to consider for you tax refund is to invest it.

Keeping accounts separate is a good way to track who is responsible for what debt, and who accumulated certain rewards or miles.

This period can last up to 12 months, but the interest for your principal debt will continue to accumulate during forbearance.

The debt settlement firm, amongst other things, will act as a middleman between you and your creditors, help you accumulate the money for your settlements and negotiate and pay the settlements when the time comes.

It does not take long for debt and charges to accumulate, leaving you in even greater debt.

If you've accumulated more credit card debt than you can repay, you need to understand how the law limits the amount of time creditors have to bring a lawsuit against you for that debt.

If the income - expense ratio is too tight, debt will start accumulating and this vicious circle will go on till an extraordinary income solves it or till the person is forced to fill for bankruptcy.

When debt accumulates and you can't handle it anymore it's time for debt consolidation.

If you are so deeply in debt so that you are no longer able to keep up payments to creditors while the fees and interest rates just keep accumulating, you are a prime candidate for a non profit debt consolidation service.

The Chase Slate ® waives interest on balances they carry for those first 15 months, which lets cardholders slowly pay off any debts without accumulating fees over that time.