Sentences with phrase «interest rate debt on»
Once that one is paid off, you'd do the same to the next highest interest rate debt on your list.
http://www.moneysense.ca/
At the time, she had $ 50,000 in high - interest rate debt on her HBC credit card.
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.
And while Macdonald did not look into it, other studies have pointed to another major influence China has had lately on many countries, including Canada: how its high savings rate and mounting foreign currency reserves, much of it invested in benchmark U.S. government debt, have depressed interest rates around the world.
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.
Low interest rates have encouraged corporations to take on more debt despite the fact their cash flows can't support such debt loads.
Those men and women can be assured that household debt on its own won't prompt Poloz to raise interest rates.
Canadians ignored warnings from policymakers about piling on debt for years because low interest rates were too enticing.
To the extent it causes interest rates to rise, interest rates you pay on any new debt are likely to go up.
The time spent in the work force before launching Swift helped Harris refinance his loans to a lower interest rate through SoFi, one of a few new marketplace lenders focusing on student - loan debt.
When central bankers dropped interest rates during the financial crisis, finance ministers leaned too hard on household debt.
But low interest rates, at least in Canada, have pushed household debt to such vertiginous levels that officials like Carney know they shouldn't be counting on consumer spending to drive the recovery — ergo, the call for more corporate investment.
If you can leave this decade with minimal debt, you're in good shape — focus on paying off your highest interest rate debt, and your credit card balances monthly.
On the other hand, leaving the interest rate low encourages the kind of borrowing and spending that has produced record - high levels of consumer debt in Canada and pushed housing prices into the stratosphere.
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.
Taking on wedding - related debt could damage your credit score — and result in a higher interest rate on that mortgage, he said.
Thanks to mounting inflation concerns, the EBC is now widely expected to raise interest rates before the EU economy is on a stable footing and ongoing sovereign debt issues are resolved.
The Federal Reserve's ultra-low interest - rate policy since the financial crisis may have lent support to a listless economy and made the government's massive debt a lot easier to finance, but it's been more than hard on retirees and conservative savers.
Egged on by low interest rates and lax lending standards, they've acquired massive debt — 165 % of their disposable incomes, on average.
In the near term, higher interest rates will have an immediate effect on consumers with credit card debt, home equity lines of credit and those carrying adjustable rate mortgages.
Gecamines said in its statement that annual interest rates on Kamoto's debts had reached 14 percent.
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!
Moreover, corporate America has been dependent on low rates to finance the trillions of debt issuance it has taken on during the era of zero interest rate policy, or ZIRP.
But with interest rates still near all - time lows, and only moving up slightly on the Trump news, it seems the market still thinks there is appetite for all that debt, or that the U.S. economy will grow fast enough to justify it.
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.
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.
Data from the Portuguese Finance Ministry showed that the country paid less than 300 million euros ($ 368.49 million) in interest on its sovereign debt between 2016 and 2017 due to the increasingly optimistic views from the ratings agencies.
The Bank of Canada, for one, has carefully assessed the economic risks of consumer debt in order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.
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 public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»
Represents loss on early extinguishment of debt and non-cash interest expense related to losses reclassified from accumulated other comprehensive income (loss) into interest expense in connection with interest rate swaps settled in May 2015.
Annualized GAAP interest expense based upon $ 780 million principal outstanding and using the LIBOR based interest rate spread in effect on April 29, 2016, was $ 44 million and included $ 5 million in debt issuance cost.
The government beat this projection by nearly $ 1.6 billion — by taking $ 1 billion from reserve, keeping spending levels $ 600 million less than projected, and through $ 335 million of savings from lower than anticipated interest rates on government debt.
While consumer cards are governed by the CARD Act, which prevents issuers from increasing interest rates on existing debt unless an accountholder is at least 60 days delinquent, issuers can arbitrarily jack up business card rates whenever the mood strikes them.
The company is paying a hefty 18 % interest rate on some of that debt.
Plus a majority of the capital is provided by the secondary market on 30 year fixed low interest rate 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.
Debt securities rated below investment grade2 based on the issuer's weaker ability to pay interest and capital, resulting in the issuer paying a higher rate to entice investors to take on the added risk
Interest rates may be headed up, but most borrowers with educational debt have no idea how rates on private and federal student loans are determined.
The amount of debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest costs, putting more pressure on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.
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.»
«Since June 2010, Gross has been reducing the $ 245 billion fund's vulnerability to interest - rate swings and increasing its reliance on credit quality by shifting from Treasuries to corporate and non-U.S. sovereign debt, a strategy that backfired last month,» according to Bloomberg.
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.
For instance, if you just have a couple of credit card bills but you have plenty of disposable income to make extra payments each month, consolidating your credit card debt to a personal loan with a lower interest rate could save you money on interest and allow you to pay off your debt faster.
On the flip side, if prolonged low interest rates encourage people to take on more debt, financial stability concerns groOn the flip side, if prolonged low interest rates encourage people to take on more debt, financial stability concerns groon more debt, financial stability concerns grow.