Sentences with phrase «never pay the interests on their debt»

Governments will never pay the interests on their debt if they can't afford.

Not exact matches

While it's never a good idea to pay interest on debt just to get a tax benefit — since you can never receive a discount that will match the total cost of holding the debt itself — the truth is many small businesses need to carry over balances on their credit cards to keep running and, ideally, to grow.

You either pay all the taxes and penalty up front and live a debt free life, or pay all the interest on credit cards and probably never pay them off..

The bottom line is this: If you never carry a balance, then you never have to pay interest on your credit card debt.

Debt consolidation — Many people have outstanding balances on their credit cards that they never pay off due to the high interest rates charged by the credit card companies.

If you pay your balance off in full each and every month you save money on interest charges and will never find yourself deep in debt.

In the same credit grade, there may be another note paying the same amount of interest where the borrower has never declared bankruptcy, has never been delinquent on a payment in the past several years, has been employed at the same job for 5 years, makes $ 50,000 a year, has a reasonable debt to income ratio, and has had credit for 15 years.

Since debt and the interest on the debt can only be paid in the same form of money, the total debt (principal plus interest) can never be paid in a debt - based monetary system unless more money is created through the same process.

I love cc's its easy and global in nature, but I have ALWAYS paid all my cc debt unfailingly on time and 100 % balance and never paid interest... i have also gained quite some $ $ back from them... which has been a big bonus for me and fmly... i wish more americans would show some restraint in spending beyond means...