Sentences with phrase «for years of debt»

Combine that with borrowing a great deal of money from your parents and wanting to repay their generosity within the shortest time frame, along with very real assumptions about projected income, and it's signing up for years of debt.

The wrong approach to holiday credit card spending can actually set you up for years of debt, while the right approach makes it manageable from before you even pull out your card.

Not exact matches

DAKAR, April 24 - Congo's state miner Gecamines is starting legal proceedings to dissolve its Kamoto copper and cobalt joint venture with a subsidiary of Glencore, blaming the commodities giant for high debts that have weighed on the mine for more than 10 years.

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

According to Arif Mulji, vice-president of business development, Amur's fortunes vividly reflect some of the forces that have dominated Canada's economy in recent years: Its customers tend to be people looking for short - term mortgages, home renovation loans or debt consolidation.

-- Net debt ballooned to $ 269.2 billion for the year ending March 31 from $ 252.1 billion the previous year, leaving a debt - to - GDP ratio of 38.9 per cent, which is expected to grow to 40.3 per cent next year.

The miner, under the leadership of Executive Chairman John Thornton, has focused for the past three years on reducing debt by more than 50 percent from the more than $ 13 billion it hit at the end of 2014 due to overpriced acquisitions and mine development, including Pascua - Lama.

While Republican leaders argued it would, every major independent analysis of the bill, known as the Tax Cuts and Jobs Act, showed that it would grow the federal debt over the next 10 years even when accounting for that increased growth.

«Global levels of debt across all sectors rose by $ 21 trillion last year accounting for more than 80 % of the total $ 25 trillion increase since 2012.»

Through its entrepreneur program, SoFi waived his debt repayments of $ 1,825 per month (with interest still accruing) for up to one year.

Most companies experience cash flow challenges within the first few years of operation and, for a large percentage of those businesses, the obstacle of high operating expenses and compounding debt proves to be too much -LSB-...]

The average debt for a graduate of a four - year public university in 2013 - 14, according to the College Board.

«Good» debt is typically defined as mortgage, education or business debt because, ideally, each of these investments will generate returns for years to come.

Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.

Most companies experience cash flow challenges within the first few years of operation and, for a large percentage of those businesses, the obstacle of high operating expenses and compounding debt proves to be too much to handle.

One of my constant points on this blog for the last several years has been that households» refinancing of their mortgage debt at lower and lower rates has put more money in their pockets for spending and for paying down debt.

A few years back, I was on the hook for about $ 4,000 — a mix of medical expenses, along with some credit card debt.

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

And that's too bad, because unemployment has reached double digits, corporate taxes remain well above the Organisation for Economic Co-operation and Development average, and government debt could top 90 % of GDP next year.

On Monday, the yen slid towards 99 per dollar, its lowest in nearly four years, as markets prepared for the BOJ to start buying about 70 percent of debt issued by the government.

For example, many of those investors bought Valeant's debt only a year ago.

For a retailer with scant discounting and zero debt, Nasty Gal has racked up some seriously drool - worthy numbers: international sales of $ 128 million in 2012, four times higher than the year before; 535,000 Facebook fans; 420,000 Instagram subscribers; 68,000 Twitter followers; and more than 2 million monthly unique visitors to the website in September 2012.

Debt to equity for the first quarter of 2018 was 199 % compared with 191 % at year - end 2017, and just below Ryder's long - term target range of 200 % to 250 %.

Benjamin Tal, an economist with CIBC, reported in a study earlier this year that heavy borrowers, those with household debt - to - gross income ratios above 160, accounted for 34 % of all borrowers compared to 26 % in 2007.

It conceded that the company's losses from the years 1991 and 1992 totaled $ 3.4 million, that its debt was so severe that 30 % of its catalog orders still stood unfilled, and that, though it had recently decided to make a line of branded products, it had no money for shelf space and no intention of paying for it.

The upheaval we've been through in the past few years as the private debt bubble burst is only a preview of what's to come, concludes Mauldin, the president of Millennium Wave Advisors (writing here with an editor for an economic analysis firm).

Known as debt settlement, it's a process by which consumers stop paying unsecured creditors, wait months or even years until creditors have given up hope of collecting, then offer to settle outstanding balances for mere fractions of the amounts owing.

Perth - based contractor and surveyor OTOC has obtained approval for an $ 8.1 million debt facility from the Commonwealth Bank of Australia, on top of an $ 8.2 million facility it was awarded from the CBA last year.

(Free cash flow on a per share basis is up 2 % year - over-year and stands at a strong $ 559 million for the quarter, despite a very high debt ratio of about 78 %.)

The Organization for Economic Co-operation and Development (estimates the country's debt - to - GDP ratio (a measure of public debt burden) at around 190 % this year.

It's also worth noting that in the same year «The Apprentice» premiered, Trump's infamously ailing casino empire filed for bankruptcy protection as a result of being more than $ 1 billion in debt.

Divide the company's after - tax income, taken from the income statement, for the year by the combination of equity and debt you obtained above.

For years, investors in U.S. stocks shrugged off threats — a government shutdown, fear of a euro collapse, a near U.S. debt default — and just kept on buying.

It also finished the year top of the table for debt capital markets revenue, equity capital markets revenue, and syndicated loans revenue, according to figures from Dealogic.

DAKAR, April 24 (Reuters)- Congo's state miner Gecamines is starting legal proceedings to dissolve its Kamoto copper and cobalt joint venture with a subsidiary of Glencore, blaming the commodities giant for high debts that have weighed on the mine for more than 10 years.

Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.

Conservative finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits, higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy by 2022.

And for the first time since the final quarter of 2011, China's debt - to - GDP ratio didn't increase and stayed unchanged at 255.9 percent in the second quarter this year, latest data by the Bank for International Settlements showed.

Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.

For a Wharton MBA borrowing the money on a standard 10 - year repayment plan, the debt amounts to about $ 1,408 in monthly payments, assuming a 6.8 % interest rate and a total of $ 46,618 in interest charges.

At the University of Wisconsin's Business School in Madison, the average debt burden for graduating MBAs was $ 15,481, $ 106,889 less than Wharton's average, while the first - year median comp package was $ 114,694, just $ 31,609 below the median pay for a Wharton grad.

Dora Gicheva, an economist at the University of North Carolina, has found that for every $ 10,000 young people carried in student debt, the likelihood of getting married in the seven years following graduation dropped by some three or four percentage points.

My wife and I lived in a pile of junk on a beautiful property for a dozen years before we were debt free and had the cash to tear it down and build our dream home.

For the past seven years, growth has serially disappointed - sometimes spectacularly, as in the depths of the global financial and euro crises; more often than not grindingly as past debts weigh on activity

Debt: If your company has been in business for less than three years, has no record of regular profitability or has a negative net worth, most banks won't take your call.

As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.

For years, Rite Aid (RAD) was the sick man of the retail pharmacy industry, after a debt - fueled, pre-financial-crisis expansion left the firm unable to cope with the competitive pressures it faced from online retailers like Amazon.com.

In their data set, there are 110 years of data available for countries that have a debt / GDP over 90 percent, but they only use 96 of those years.

Earnings before interest, taxes and one - time items rose 20 % to 4.13 billion kroner ($ 652 million), beating estimates of 3.82 billion kroner Sales rose 2 % on a basis that excludes currency and acquisition effects, compared with analysts projections for growth of 3.2 % Debt reduced by 14 % to 21.9 billion kroner Carlsberg reduced its full - year forecast for gains from currency shifts to 50 million kroner from 300 million kroner.

The quarter - percentage - point rate hike means you'll pay an extra $ 2.50 a year for every $ 1,000 of debt, according to NerdWallet.