So if you want to shrug it all off and keep wallowing
in cheap credit, you can quote the pros.
Not exact matches
Antoni Swidlicki is a content creator at UK
Credit Info <, which provides the cheapest credit reports for companies registered in the UK on th
Credit Info <, which provides the
cheapest credit reports for companies registered in the UK on th
credit reports for companies registered
in the UK on the net.
Cheap credit has caused a host of problems: it has blown out household debt and inflated home prices
in some markets to unsustainable levels.
There's plenty of overlap here — many alternative lines of
credit break $ 1 million while plenty of bank lines of
credit go down to $ 10,000 — but,
in general, banks give out bigger loans for
cheaper.
Martin Ellis, housing economist from Halifax, said
in a statement that while prices will be supported by the nation's evergreen problem of a lack of housing supply and
cheap credit, demand will be dampened because people are struggling to truly afford buying a property (emphasis ours):
In 2016, the couple launched UpgradedPoints.com to share their tricks for converting
credit card points into
cheap flights.
McDerment's rationale might be personal, but he's quick to cite other reasons that other tech companies would want to stay
in Canada: excellent universities, smart talent, government financial support like tax
credits for R&D, and
cheaper employment costs.
Credit Suisse recommends investing
in global small and mid capitalisation European companies, saying that
cheap valuations support a bullish outlook despite the headwind of regional outlook concerns.
Now, North America's auto sector is recovering, thanks
in part to the return of
cheap credit.
Businesses
in low - income communities are receiving
cheaper, more flexible financing, thanks to a special tax
credit program.
Participants
in the 500 Startups accelerator have access to 250 different perks, including a year of free email distribution from SendGrid, a free business
credit report consultation from Dun and Bradstreet, and
cheaper snacks for the office.
Frustratingly, we don't — can't — know how long Canadians will be both willing to buy homes
in significant quantities and able to access
cheap mortgage
credit.
Broadly, we still prefer equities over
credit due to strong earnings growth, modestly
cheaper valuations following last month's swoon and market's pricing
in expectations of Fed rate increases.
A bank like Silicon Valley Bank, which is deeply entrenched
in the tech community can provide lines of
credit at perhaps a slightly
cheaper rate, but they are a retail bank first and foremost, and not a venture debt company.
So this first line of explanation stresses the factors that are common to all financial bubbles —
in particular the combination of
cheap credit and a general increase
in the appetite for risk.
For nearly 10 years now we've seen an imbalance
in monetary and fiscal policies, with the economy and stock market being propped up by
cheap credit.
Buffett lamented
in 2010 that he didn't buy more corporate and municipal bonds during the
credit crisis when yields made the securities «ridiculously
cheap» compared with U.S. Treasuries.
Gross adds that the global monetary system, which has evolved and morphed over the past century but always
in the direction of easier,
cheaper and more abundant
credit, may have reached a point at which it can no longer operate efficiently and equitably to promote economic growth and the fair distribution of its benefits.
In some cases, consolidating
credit card debts makes them easier and
cheaper to repay.
It's all part of the phenomenon of repressed yields and
cheap credit: Companies are borrowing large amounts of money to buy back their own shares and to buy out each other, instead of funding investments
in productive activities.
Until we understand this do not expect the global crisis to end anytime soon, except perhaps temporarily with a new surge
in credit - fueled consumption
in the US (which will cause the trade deficit to worsen) and more wasted investment
in China (which, because it is financed with
cheap debt, which comes at the expense of the household sector, may simply increase investment at the expense of consumption).
Bubbles crashing + end of
cheap credit + massive
credit freeze + growing distrust
in unicorns + fear of the future + millions of people losing their homes +?
Bank of America warns that the CSPP could «quickly become its own worst enemy,» fueling a rise
in leveraged buyouts — because «
cheap debt can suddenly make unviable candidates appear «viable» for private equity» — and increasing volatility
in credit spreads.
For instance,
in several parts of Latin America and Africa, many people do not have access to traditional banking services or even to any safe,
cheap and convenient
credit functioning system.
Bitcoin and other cryptocurrencies have the potential to aid
in the flow of capital as it bypasses traditional financial channels like banks and
credit cards and does so
in a much
cheaper and faster way.
In credit - fueled economies, the absence of
cheap credit could have adverse effects.
In addition, the average fee cost for a Bitcoin transaction has climbed to nearly $ 5, going against the initial claims by Bitcoin proponents that the currency would be faster and
cheaper to use than existing
credit cards.
In 2013, both are rallying at the same time, offering
cheap credit to buyers and the prospect of acceptable prices to sellers.
They also hold
credit default swaps
in a bunch of European countries not necessarily because they have holdings there but because it reduces risk and they were very
cheap ($ 60, 000 a year for $ 100 million
in insurance).
Another example of
cheap and easy
credit (unorthodox lending) creating rentier over-speculation
in the luxury housing market for which demand is unsustainable.
Interest rates have been at historic lows
in recent years, allowing borrowers to enjoy relatively
cheap debt (with the lowest rates reserved for those with excellent
credit scores).
Also, if you've got decent
credit but have high interest
credit card debt, you may be able to lower your card payments by considering the possibility of moving your balance over to balance transfer cards, but only if they turn out
cheaper for you
in the long run.
When borrowing is
cheap, firms will take on more debt to invest
in hiring and expansion; consumers will make larger, long - term purchases with
cheap credit; and savers will have more incentive to invest their money
in stocks or other assets, rather than earn very little — and perhaps lose money
in real terms — through savings accounts.
If you've got an investment property that you plan to sell and you know there'll be a huge capital gains tax bill coming up, tax - loss harvesting now when the markets are down means new,
cheaper investments purchased today and a nice tax
credit that can be used
in the future.
A new
credit - card sized gluten testing kit that can be used on site claims to provide food firms with a quick and
cheap way to test for both low and high levels of the allergen
in their products.
Players want to win things and its been clear from Wengers Approach to the transfer window over many years that he is not interested
in buying
in a super team, he wants
cheap players that he can nurture into superstars and then take the
credit from signing the «new thierry Henry» ect Players now do nt want to play for Arsenal as they know we are always going to be the «Also Rans» of the EPL Wenger it has to be noted has had very little success
in the transfer window since David Dein left and that to my mind is significant he is currently sitting
in france commentating for french TV during the euro's while everybody else is buying up the available players that should be on our radar.
It said that Kroenke was ramping up the cash reserves
in the club, as this would give him better
credit amongst lenders,
in order to borrow the money to buy the shares at a
cheap rate, when it comes to launching a bid to buy out the other shareholders.
Research fellow Mathew Lawrence said new alternative,
cheaper and more sustainable ways of borrowing had to be introduced alongside the cap
in order to ensure
credit remains affordable.
• Key quotes from the NAO report: o «The source of many problems has been the absence of a detailed view of how Universal
Credit is meant to work» [page 33] o «The Department is unable to explain to us why it originally decided to aim for national roll - out from October 2013» [Para 3.7] o «
In early 2013, it (DWP) did not have a convincing strategic plan in place» [3.35] o «It is unlikely that UC will be as simple or cheap to administer as originally intended» [15, summary] o «the Department has not achieved value for money... wider concerns about the Department's ability to deal with weak programme management, over-optimistic timescales and a lack of openness about progress.&raqu
In early 2013, it (DWP) did not have a convincing strategic plan
in place» [3.35] o «It is unlikely that UC will be as simple or cheap to administer as originally intended» [15, summary] o «the Department has not achieved value for money... wider concerns about the Department's ability to deal with weak programme management, over-optimistic timescales and a lack of openness about progress.&raqu
in place» [3.35] o «It is unlikely that UC will be as simple or
cheap to administer as originally intended» [15, summary] o «the Department has not achieved value for money... wider concerns about the Department's ability to deal with weak programme management, over-optimistic timescales and a lack of openness about progress.»
Just as our demand for endless
credit,
cheap goods and property contributed to the banking crisis so too have so many of us played our part
in Murdoch's empire.
ALBANY — The Cuomo administration's plan to save nuclear power plants will force utilities to pay for emissions
credits that cover their losses
in the face of
cheap natural gas.
It's much
cheaper if you only have to buy a handful of legislators and one governor
in a single, small state (why do you think so many
credit card bank operations are HQ'd just
in Delaware or Nevada) to make «regulations» that allow a company to do whatever they want.
The battle with Unite, and Miliband's proposed reforms to the union relationship, are set to reduce their income by several million quid a year; the Evening Standard reports that the party still owes # 7 million dating back to the «loans for lordships» scandal
in 2006; and there is a growing row about the millions of pounds worth of extraordinarily
cheap credit Labour obtained from the crisis - stricken Co-Op Bank.
That was one of the first shots
in a war of constant downsizing, downpricing and upfunctioning that has led to solar — powered,
credit card - sized devices that could calculate the mortgage for Canary Wharf, and are so
cheap that you don't feel guilty reaching into your mate's desk and nicking his when you can't find your own.
Many of these factories are
in China, where investors can get CDM
credits for destroying HFC 23, a relatively
cheap process.
«As expected, the subjects stated that the wine with the higher price tasted better than an apparently
cheaper one,» said INSEAD business school professor Hilke Plassmann, a study co-author, noting that they also gave some study participants $ 50
in credit that limited how much they could try.
Although these are certainly not the only reasons that online dating has grown to become such a large and powerful industry (
credit can also be given to the increased role the internet plays
in our daily lives, and the demand for fast, effective,
cheap, and convenient ways to meet people
in the increasingly industrialized and busy world), they have certainly added fuel to the ever - growing fire.
Mel Blanc, known as The Man of Thousand Voices is regarded as the most prolific actor to ever work
in Hollywood with over a thousand screen
credits... As the host of
Cheap Eats on Cooking Channel, Ali Khan is right at home taking audiences on a budget - friendly culinary tour of America, highlighting spots
The cost is pretty negligible and it is even
cheaper when
credits are purchased
in bulk.
Credit director Wise for injecting a good sense of visual style to the proceedings, and
in not dumbing down the execution
in favor of
cheap theatrics and clichéd plot developments.