Sentences with phrase «huge debt default»

Most bankruptcy filers want to pay their student loans back in full and giving them priority status would allow Sallie Mae to avoid the huge debt default issues that occuring with Fannie Mae and Freddie Mac.

Not exact matches

If Greece votes No and leaves the euro, defaulting on all its debt, then Germany won't get back a huge sum of money it has used to finance Greece, The Telegraph reports:

A haircut — can refer to the interest differentials charged and paid on Over The Counter (OTC) products like CFDs and Forex, and to reduce debt repayments when there is risk of a total loan default, an example is the huge «haircut» European banks have taken on their loans to the Greek government.

With the highest outstanding credit card debt ever and millions of defaulted student loans, U.S. debt is taking a huge toll on the economy.

Unless I get to tackle them one at a time with a car battery and some alligator clips... But what it does offer is: i) a (v meaningful) solution that's pretty quick & easy to implement, ii) huge flexibility from a political and a financial management perspective, iii) interest savings, and even debt principal reductions, for most if not all countries, and iv) best of all, a multi-year window to avoid default, implement deficit reductions (faint hope) and / or ideally grow into an outstanding debt burden.

For example, a wrongly reported late payment or defaulted debt could give you a huge boost.

Infographic: Top US cities all improving on paying back debt — New data shows huge decreases in default rates, and a couple of big U.S. city's residents deserve a pat on the back... (See Declining credit default rates)

In other words, do you think some private debt issues that are long term or even medium term exist to be discovered that could avoid default in a huge deflationary depression?