These companies try to work with customers to
lower their debt burden, but they aren't going to work miracles.
Naturally, the higher your credit score and
the lower your debt burden, the better terms you would be able to get on your unsecured loan.
This would not only
lower the debt burden on the...
The house - price bubble, combined with record levels of household debt, represent the biggest threat facing the Canadian economy; the sooner real - estate markets mellow and Canadians
lower their debt burdens, the better.
Mr. Harper, of course, never actually believed that the G - 20 would listen to him, let alone adopt his recommendation to commit to
lower debt burdens.
Canada recorded
the lowest debt burden at 37.8 %, roughly the same as in 1988.
«If by a fiscal conservative, one means a person who wants to reduce the size of government through less government spending, lower taxes, balanced budgets and
lower debt burdens, then Harper is clearly not a fiscal conservative.»
The fact is that consolidating loans into a mortgage can
low your debt burden if you are able to lock into a lower fixed interest rate for a term that you can afford.
According to some key metrics, they actually appear stronger than many developed market countries — they have
lower debt burdens, lower deficits, and higher reserves.
A low debt burden on cards goes hand - in - hand with other positive economic traits, such as fewer late bill payments and higher credit scores.
We found that medical professionals take on the most debt — even when their high salaries are accounted for — while MBAs enjoy
a low debt burden relative to their income.
Not exact matches
Concurrent with this orgy of public
debt, the State encourages massive expansion of private credit via fractional lending,
low bank reserves, and other forms of leverage, in a vain attempt to stimulate demand in an economy
burdened with overcapacity, declining employment, marginal return on capital and saturated markets.
That's a reference to Canadian households» heavy
debt burden, and
lower borrowing costs only would encourage more borrowing.
«Fitch believes that the province will also be challenged in restraining ongoing capital spending to make progress in
lowering the high
debt burden and accumulated deficit over time,» it said.
Having a
low and relatively stable
debt burden, however, is the be all end and all.
Generally speaking, the
lower the interest coverage ratio, the higher the company's
debt burden and the greater the possibility of bankruptcy or default.
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.
Last week in London, for example, an analyst from a research company with whose views I am usually in strong sympathy and who herself is very bearish on China's growth prospects, airily dismissed Chinese
debt concerns by pointing out that Chinese government
debt, even after adding back estimates of losses in the banking system, is
lower than that of the Japanese government, and because the government's
debt burden has not been a problem in Japan it won't be a problem in China.
The federal government has a
low and declining
debt burden and a sustainable fiscal structure, whereas most of the provinces and territories do not.
But a
low and falling
debt burden is also not sustainable.
Despite this the government has a sound fiscal structure with a
low and stable
debt burden.
In the late 1940s through the early 1970s, the U.S. and UK both reduced their
debt burden by about 30 % to 40 % of GDP per decade by taking advantage of negative real interest rates, but there is no guarantee that government
debt rates will continue to stay so
low.
In addition, indicators of financial stress — such as loan arrears — remain
low, suggesting that the high
debt - servicing
burden is not yet imposing a significant constraint on consumer spending.
Strong profitability,
low interest rates and a
debt burden well below historical peaks have all tended to hold down the interest
burden of the corporate sector: as a share of gross operating surplus, net interest paid by the corporate sector remains well below historical averages.
And in
low income countries, if recent trends continue, many, not all, will face unsustainable
debt burdens.
The situation only got worse with its acquisition of Quest in 2011, a deal that cut its already
low ROIC in half and
burdened it with an extra $ 16 billion in
debt.
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased
debt burden when interest rates are pinned at
low levels.
«Sustainable» fiscal management allows the government to take actions to support economic growth subject to the constraint of maintaining a
low and a stable or declining
debt burden.
The strategies for achieving these broad macroeconomic objectives include the following: • Promoting inclusive growth without compromising fiscal consolidation; • Anchoring fiscal policy on reducing the fiscal deficit to
low and sustainable levels, sufficient to reduce the overall public
debt burden; • Strengthening the inflation targeting regime and pursuing complementary monetary policy to promote monetary discipline; and • Pursuing complementary external sector policies to ensure exchange rate stability and favourable current account balance.
Recall that recently, the
Debt Management Office's professional analysis showed that Oshiomhole's loan request which was based on using low interest World Bank loan to offset high interest commercial loans would have left Edo state with a heavy debt burden and the state would have found it very difficult to pay b
Debt Management Office's professional analysis showed that Oshiomhole's loan request which was based on using
low interest World Bank loan to offset high interest commercial loans would have left Edo state with a heavy
debt burden and the state would have found it very difficult to pay b
debt burden and the state would have found it very difficult to pay back.
Despite entering the crisis with a
low level of public
debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was limited by the
burden of bank bail - outs on public finances.
Cuomo's budget due April 1 also moves some
debt «off budget» in proposals that «
lower the appearance of state spending and obscure the state's
debt burden,» according to the comptroller's budget analysis.
That much
debt can be a serious
burden, especially for students who choose to go into medical research or one of the
lower - paying clinical fields like primary care.
The University and College Union (UCU) General Secretary Sally Hunt, said: «Successive Governments» efforts to transfer the bill for higher education teaching onto graduates have created unsustainable levels of
debt, with students from
low and middle - income backgrounds being hit the hardest by the repayment
burden.
Only with robust financial aid can HGSE attract the best students,
lower the barriers to attendance, and alleviate the
burden of
debt, which can limit career choices.
When the Aurora Expeditionary Learning Academy (AXL) in Aurora, CO refinanced higher cost
debt through the Mountain West Charter Schools Fund, it was able to
lower its overall facilities financing
burden while funding additional improvements, resulting in more dollars for the classroom.
Because of the relatively
low teacher salaries they can expect, these high
debt burdens dissuade students from entering the teaching profession.
A recent, widely read New York Times feature by Motoko Rich helped focus needed attention on some of the economic forces that have contributed to a national teacher shortage, among them
low pay and the
burden of student loan
debt.
Consumers
burdened with credit card
debt may be better off consolidating their outstanding balances with a single
low - interest loan.
The update is also expected to reaffirm the government's so - called «fiscal anchor» to
lower net
debt - to - GDP ratio — a measure of the public
debt burden — over the next five years.
This is increasingly difficult to prove due to the recent addition of repayment plans with
low monthly payments and student loan forgiveness programs that ease the
burden of student loan
debt.
Military families are often hit hard by the
burden of
debt and bad credit due to
low - end pay rates, frequent re-location, and basic consumer credit mistakes others often make.
Rep. DelBene also focuses on strengthening the Pell Grant program as well as «reduc [ing] the
burden of student
debt by allowing borrowers to refinance at today's
lower rates.»
Prohibit
low introductory rates to reduce the temptation for first time borrowers to increase their
debt burden with the use of a high cost payday loan they can not afford to repay.
Because the goal is going to be to aggressively pay down your
debt once you have a promotional offer that
lowers your interest
burden.
Much of the debate around Canada's buoyant housing market has centred on the growing amount of Canadian household
debt, and questions about the ability of consumers to handle their overall
debt burdens if and when interest rates rise from prolonged
lows.
Despite
low wages and today's high cost of living, Americans have many options for relieving the
burden of
debt.
The added buying power merely allowed
lower - income buyers to inflate the price boom, at the expense of a greater
debt burden and higher risk.
Instead, the student loan
debt is a
burden that falls more on
low - income individuals unable to complete college due to any number of factors.
Income Contingent repayment, or ICR is, like all of IDR plans, directed at reducing the
burden of repaying high student loan
debt on borrowers with
lower income.