Use a home equity line of credit or balance transfer checks to try and consolidate as much high -
interest rate debt as possible into a single low interest rate and monthly payment.
Not exact matches
YELLOWKNIFE, Northwest Territories, May 1 (Reuters)- Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household
debt, even
as he signaled that
interest rate hikes will continue, increasing the cost of that
debt.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build
rates of certain aircraft; 6) the effect on aircraft demand and build
rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange
rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount
rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit
ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of
interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher
interest payments should
interest rates increase substantially; 27) the effectiveness of any
interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange
rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household
debt, even
as he signaled that
interest rate hikes will continue, increasing the cost of that
debt.
In its latest Annual Report, it argued that «even if inflation does not rise, keeping
interest rates too low for long could raise financial stability and macroeconomic risks further down the road,
as debt continues to pile up and risk - taking in financial markets gathers steam.»
But in recent years,
as the Bank of Canada held
interest rates to historically low levels and consumer
debt skyrocketed, the federal government tightened mortgage restrictions on regulated financial institutions, including HCG.
YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household
debt, and he was confident the central bank can manage the risk of that
debt even
as interest rates rise.
Just
as alarming is that
interest on this
debt is increasing at an annual
rate of 5 %, outpacing spending increases on every other budget item.
The
interest rate on 10 - year bonds was 1.79 % at the end of 2014 — about half
as much
as the federal government had to offer to get investors to buy its
debt a decade ago.
The explosion of «free money» gooses demand briefly, but then
debt, even at low
interest rates, never declines; and
as another bust inevitably follows this latest
debt - fueled boom, then the
debt becomes increasingly burdensome
as income and wealth both plummet.
«We are unlikely to see higher
interest rates soon, since with $ 15 trillion in
debt constantly rolling over,
as a country we can't afford higher
interest rates,» Backus says.
SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such
as asset - backed securities, auction -
rate securities, bankruptcy claims, collateralized
debt obligations, limited partnership
interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.
«U.S.
debt will need to pay higher
interest rates, and
as such, everything will go up.»
The strategy is to deliver a wide array of financial solutions providing advice on capital structure, acquisition finance,
ratings,
debt issuance, structured finance, and the management of currency,
as well
as interest rate risk.
That said, this is No. 10 on our «get» list, because the
interest rate on student
debt isn't
as onerous
as personal credit card
debt, but we do find it a bit depressing that our list is bookended by
debt!
«The Fed left
interest rates at zero bound for
as long
as they did so they were able to access an overabundance of
debt,» DiMartino Booth said.
With
debt crises looming in the U.S. and the EU, central bankers are still hesitant to heed the advice of observers who warn (
as the OECD did in a recent report), that rock - bottom
interest rates have touched off problematic inflation.
This can be expected to produce a negative trickle - down effect,
as higher government
debt leads to higher
interest rates, lower business investment, and higher future tax
rates — possibly on the middle class.
By late summer 2014, with
interest rates having declined further, it appeared that no further
debt relief would have been needed under the November 2012 framework, if the program were to have been implemented
as agreed.
The central bank has concerns about the ability of households to keep paying down their high levels of
debt when
interest rates continue their rise,
as is widely expected over the coming months.
They also fear that at such elevated levels, many Canadian households would be unable to withstand a financial shock such
as a loss of income, or a sudden spike in
interest rates that raised
debt services charges.
The firm has warned for months that increasing
debt loads at companies could stir up trouble
as interest rates move higher, making it more difficult for them to refinance.
Speaking in Montreal on Thursday, central bank governor Stephen Poloz called household
debt a major risk to the Canadian economy, suggesting the fear of stoking more borrowing
as one reason he has not been even more dovish on
interest rate policy.
The high - grade bond market is springing back to life
as corporations race to issue new
debt and get out in front of a possible Fed
interest rate hike.
SARA EISEN: So do you worry that we're gonna see
rates spike,
interest rates spike,
as the
debt picture becomes clearer?
Poloz said there is good reason to believe the central bank can manage the risks of Canada's high household
debt, even
as he signaled that
interest rate hikes will continue, increasing the cost of that
debt.
As default
rates on junk -
rated debt is above nine percent, companies with junk status face an average
interest rate that is a whopping ten percent points above Treasuries — these days, that translates into roughly 12 percent for a five - year loan.
As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.&raqu
As Scotiabank mentioned in a note last week: «Higher
interest rates are going to make the burden of refinancing the
debt considerably heavier, and
as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.&raqu
as more money goes into servicing the
debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»
As that
debt pile grows,
interest rates, which rise when bonds sell off, could continue to go higher.
Easy way for
debt to be reconciled: higher income taxes on very high earners, taxing capital gains / dividends
as income, and getting rid of the mortgage
interest rate deduction.
Unhedged foreign currency
debt,
as was prominent in 1997, means that a fall in the currency pushes up
debt servicing costs for the government, local corporates and banks, but a rise in
interest rates to assist the exchange
rate has the same adverse effect.
Debt - laden firms could also experience additional financial stress
as borrowing costs mount when
interest rates start to climb.
Most people focus on consolidating unsecured
debt, such
as credit card
debt and payday loans, because of the higher
interest rates that are charged on these types of
debt.
This means that
as long
as the PBoC intervenes in the currency, it can not provide
debt relief to struggling borrowers, and to the economy overall, by lowering
interest rates without setting off potentially destabilizing capital outflows
as the
interest rate differential narrows.
It can fund a home renovation or even help consolidate credit card
debt,
as most personal loans offer better
interest rates than credit cards.
Public
debt charges
as a percentage of
interest - bearing
debt (the average effective
interest rate) in 2009 - 10 is about half that in 1994 - 95.
In the presence of
debt finance, textbook analysis would suggest that a cut in the corporate tax
rate would raise the cost of capital because
interest deductions would no longer be
as valuable and thus discourage investment.
As student
debt becomes more and more common, it is critical that borrowers understand how much student loan
interest rates can affect the total payment over the life of a loan.
Hope for positive effects from
interest rate cuts, versus continued deterioration of corporate earnings and employment,
as well
as sudden concern over the
debt problems in Argentina (which we noted in early May).
They are therefore subject to the risks associated with
debt securities such
as credit and
interest rate risk.
Public
debt charges, given the current lower outlook for
interest rates, could come in lower than expected
as well.
As long as your debt - to - income ratio is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good chance of getting approved for a loan with a decent interest rat
As long
as your debt - to - income ratio is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good chance of getting approved for a loan with a decent interest rat
as your
debt - to - income ratio is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good chance of getting approved for a loan with a decent
interest rate.
As long as this government debt is rolled over continuously at non-repressed interest rates, which will be low as nominal GDP growth drops, China can rebalance the economy without a collapse in growt
As long
as this government debt is rolled over continuously at non-repressed interest rates, which will be low as nominal GDP growth drops, China can rebalance the economy without a collapse in growt
as this government
debt is rolled over continuously at non-repressed
interest rates, which will be low
as nominal GDP growth drops, China can rebalance the economy without a collapse in growt
as nominal GDP growth drops, China can rebalance the economy without a collapse in growth.
Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their
interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign
debts, and deregulate their economy so
as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized
rates to help these economies grow.
Interest rates on government
debt were, therefore, deregulated in the late 1970s and early 1980s,
as the authorities moved to a tender system for issuing government securities.
There are so many reasons why this is wrong (to list just the most obvious, poor countries have much lower
debt thresholds than rich countries, Japanese
debt can not possibly be dismissed
as not being a problem, and because it is almost impossible to find an economist who understands the relationship between nominal
interest rates and implicit amortization, Japanese government
debt has probably only been manageable to date because GDP growth close to zero has permitted
interest rates close to zero) and yet inane comparisons between China's
debt burden and Japan's
debt burden are made all the time.
As do foreign investors in local currency debt that want exposure to domestic credit and interest rates, but not exchange rates, as well as other non-residents who are willing and able to take on exchange rate ris
As do foreign investors in local currency
debt that want exposure to domestic credit and
interest rates, but not exchange
rates,
as well as other non-residents who are willing and able to take on exchange rate ris
as well
as other non-residents who are willing and able to take on exchange rate ris
as other non-residents who are willing and able to take on exchange
rate risk.
The ruble's exchange
rate has fallen
as more rubles are thrown onto currency markets to obtain the dollars needed to pay
interest and
debt service on foreign loans (and to sustain capital flight in the absence of controls).
Just like a thorough vetting of cabinet nominees could have foreseen the scandals that later emerged, a thorough vetting and review process for the monster tax cut legislation would have cautioned against such radical moves in the face of massive maturing supply, a trimming Fed, and a
debt - strapped consumer that is seeing higher
interest rates on mortgages and credit cards
as a result of the spike in
rates.
Indeed, because the Trump proposal would redistribute after - tax income towards those most likely to save it, push up long - term
interest rates because of
debt pressures, increase uncertainty and the advantages of overseas production, it is
as likely to retard growth
as to accelerate it.