Sentences with phrase «n't pay off the debt»

We planned to invest the money, that got free by not paying off our debt, into a tracker, so we build up a little fund that we can use for future investments in real estate and start paying off our college debts starting 5 years from now.

Shouldn't you pay off debt before worrying about saving?

But because they're a small biotech company, with high risk of default (i.e., a high risk of not paying off their debts), they would have to pay a very high interest rate in order to make the bond attractive enough for investors to purchase it.

It's important to remember that refinancing your mortgage does not pay off your debt; it simply restructures it under different terms.

Consumers are still spending too much and not paying off debts in a timely manner.

If you don't pay off the debt on time the interest costs may make the personal debts to double or even triple in amount.

But with APRs north of 13 %, you could find that tax bill ballooning with massive interest charges if you can't pay off the debt.

If you can't pay off debt using your existing assets, the next best option is to exchange it for lower interest rates until you can pay it off.

If something happens and you can't pay off your debt, then you will end up paying even more in interest — and you won't have the options of forbearance and deferral that you may have with student loans.

If you can't pay off the debt promptly, you might be better off refinancing your mortgage.

I've just never really understood the philosophy of not paying off the debt.

If you consolidate debt and then keep charging up your now empty cards, or if you don't pay off the debt during the introductory period and end up paying at a higher rate, then you can come out worse than you were before.

In case of default, the lender goes after the buyer who assumed the loan and — if that buyer can not pay off the debt — the lender then goes after the original borrower.

It is important to not put yourself in a situation where you can not pay off your debts.

So, if you retire and you haven't paid off your debt, you'll have to make some serious living adjustments to live off your retirement income and continue paying your debt.

Bankruptcy is the option for you if you can not pay off your debt.

You might consider debt settlement if you're experiencing financial difficulty, you can't pay off the debt on your own in 2 - 4 years or you're on the brink of bankruptcy.

When working out a budget and snowballing your debts, I think it's sometimes important to treat yourself when you reach a milestone (eg, get your debt below # 10,000, pay of your highest APR credit card etc.), however remember if you do that, that anything you spend is money which is not paying off your debt, and therefore costing you more!

If you can't pay off the debt every month but CAN raise your monthly payment to 5 % of the total owed you will keep from going even farther into debt and you will get a much improved principle to interest rate charges ratio, in other words, more buying power for the same amount of total debt.

If you can't pay off all your debts, you could reduce them so that you can manage payments more easily, or ask your lenders to write off the rest.

If you do not pay off your debt, a lender can garnish your wages and even take your tax refund.

Whereas, your credit score may drop a bit if you opt for payday loan settlement since you're not paying off your debts in full.

Dave Ramsey suggests that if you can not pay off all your debt within two years, you should sell the car.

In the early days of credit bureaus local merchants were sharing information about local residents who might be bad credit risks, and it didn't consist of much more than a list of people who hadn't paid off their debts.

Some credit cards can have interest rates of up to 20 %, which can mean that if you don't pay off the debt each month within the interest free period, you are going to be owing the bank a lot more than you started with.

A debt consolidation isn't paying off a debt but rather a convenient way for you to pay up.

So if you don't pay off the debt during the promotional period, you may end up with almost the same amount of debt at the same rate that you had before transferring your balance over.

That brings us to what to do if you do carry a balance (in other words, you don't pay off your debt every month).

You receive a receipt for $ 6700, which is the price you paid for the pills, despite the fact that you haven't paid off the debt yet (credit card donation example).

If you don't pay off the debt during the introductory period, interest charges are charged retroactively, and usually at a high rate.

And when your credit card bill comes in at 29 % interest rate and you complain that you can't pay off your debt you can refer back to this post and realize what went wrong.

In other words, if you invest the money and markets take a dip, the stress of having not paid off your debt can make the decision the wrong one.

If you haven't paid off all your debt or saved up six months of expenses, postpone investing for now.

Debt settlement can be a viable option for debtors who can not pay off their debts in full and can not qualify for a Chapter 7 bankruptcy filing.

Now, our father would scream at this because we're not paying off debt.

If you were to save money and not pay off debts it would be costing you the difference between the after - tax interest you could be earning on your investment money and the full amount of interest that you are paying on your debt.

If your company (or whomever you «piggyback» on) can not pay off the debt quickly your score will plunge.

Scandal's Kerry Washington revealed that she couldn't pay off her debt until landing her iconic role when she was in her mid-thirties.

«Whether it's consumer debt, auto debt, or any other type of debt, it becomes income to the consumer when they don't pay off their debt.

Earning 1 % — 5 % in benefits isn't going to make up for the 17 % + in interest you will pay if you don't pay off your debt.

If you're considering a second or third balance transfer, then you're not paying off your debts.

Unfortunately, if you own a home and its mortgage and you suddenly pass away, it could be foreclosed if your heirs can't pay off the debt.

Not exact matches

His ability to pay off his debt wasn't made possible by a high - profile job or a windfall.

She moved in with a friend and was able to pay off her mortgages, but she couldn't make much of a dent in her credit card debt.

He's been able to pay off roughly half of his student - loan debt so far; like Stork and Sullivan, he's not out of the woods yet.

Not every promising entrepreneur is able to begin a business debt - free, but it is possible to set up a plan for paying off credit card or student debt so that you aren't limited in the future.

«You don't need to file a proposal to pay off your debt,» he says.

He then turns to a related point, which is that the Fed is somehow «monetizing the debt» — printing money so that the government doesn't have to legitimately pay off its obligations.

Dell did not say why it is exploring a major deal, but previous media reports have speculated that it is seeking financing to help pay off the $ 46 billion in debt that it took on as part of its EMC acquisition.

If the Fed were monetizing the debt, then it would rip up the Treasuries it buys, so that the government doesn't have to pay them off.