Sentences with phrase «large accrued debts»

Alaska is a unique case in that it officially closed its pension plan in 2006, but it is still paying off large accrued debts.

Not exact matches

This makes economies less competitive, and hence even less able to pay debts that are accruing interest, leading toward a larger ultimate default.

Pension plans, on the other hand, can and do accrue large debts.

MBAs in particular aren't afraid to accumulate debt, taking out large home and auto loans while accruing the most credit card debt.

Since a debit card is tied directly to a checking account, it limits a consumers ability to make large purchases and accrue excessive debt.

The amount owed (remember, this amount may be much larger than your original debt amount due to accrued interest and fees from being in default)

Judge Price also noted that a REPAYE plan would require Price to consolidate her debt, which would cause accrued interest to be capitalized into a larger loan balance — meaning she would be «paying interest on interest.»

Fines, fees and interest for everything from credit cards to child support or alimony payments can accrue over the years and make even a small debt grow to large amounts.

Many public service jobs require increasingly high levels of education, which forces people to accrue larger debt, according to the report — even as they enter professions with traditionally low salaries.

Those large monthly mortgage payments may seem ominous, but high - interest credit cards will accrue unnecessary debt if not dealt with in a timely manner.

Book up can be fair where receipts, itemised statements and records of transactions are provided, large debts are not allowed to be accrued, PINs are not kept, and customers understand the arrangements.

I think these consolidation loans are best when paying off credit card debt (as in your examples) but it's more likely that debt was accrued through spending up to a credit limit on random items than on large purchases.

Plus, if you've accrued large amounts of debt over time or you've come close to maxing out your credit cards, you may have a high credit utilization ratio, which is the percentage of your credit limit you actually use.

On the other hand, you might prefer a variable rate that is lower than fixed options, especially if your income allows you to make larger payments, pay down debt before rates go up, and take advantage of less accruing interest in the meantime.

This is one of the best reasons students with a significant amount of private student loan debt should consider taking out a life insurance policy large enough to cover the costs of their student loans and any interest accrued.

Also known as the debt avalanche method, by starting with larger debt and moving downward to smaller debt (like an avalanche), you're attacking your debt head - on before interest has a chance to accrue and your debt becomes unmanageable.

Unfortunately, in this scenario, even after the fraud has been detected, the accrued theft debt is usually too large for the perpetrator to repay.