Sentences with phrase «of past debt»

Payment history: 35 percent of the total credit score is based on a borrower's payment history, making the repayment of past debt the most important factor in calculating credit scores.

This three digit number is generated based on a number of elements such as credit to debt ratio, history of past debt accounts and others.

There is a high risk of future debt problems if you don't see the business generating enough income to maintain your lifestyle, even without the full burden of the past debts.

I had to do something right away to get rid of my past debts.

Chapter 13 of the U.S. Bankruptcy Code often allows people to keep these cherished items via the establishment of a repayment plan of past debts.

Not exact matches

The miner, under the leadership of Executive Chairman John Thornton, has focused for the past three years on reducing debt by more than 50 percent from the more than $ 13 billion it hit at the end of 2014 due to overpriced acquisitions and mine development, including Pascua - Lama.

Barrick's production has dropped in each year of the past seven, partly due to sales of mines to reduce debt.

Barrick ended up mired in debt and dysfunction in part because it tried to boost production numbers over the past decade, just for the sake of boosting numbers.

Over the past year, the number of CLOs, which are also significant investors in energy companies, holding defaulted debt has skyrocketed.

Pierre Moscovici, the commissioner responsible for economic matters, said the forecasts are further evidence that the debt crisis that has ravaged the eurozone and many of its members, notably Greece, is now past.

Other large startups in need to big chunks of money, like Uber and DraftKings, have also gone the way of convertible debt over the past year.

In this past week's edition, we meet Bobby Lee Grissett, a 54 year - old cafeteria manager who is $ 11,000 in debt and has taken $ 33,000 out of his retirement fund to fund his 54 - square cake - cutter.

The upheaval we've been through in the past few years as the private debt bubble burst is only a preview of what's to come, concludes Mauldin, the president of Millennium Wave Advisors (writing here with an editor for an economic analysis firm).

Only 1.05 percent of mortgage debt is 90 days past due in Utah.

In a recent commentary, he notes U.S. debt as a percentage of GDP has already seen exponential growth in the past two years, after climbing steadily since 2000.

Apple's long - term debt has grown to almost $ 100 billion over the past few years partly because it needs a source of funds to buy back stock and pay dividends.

Energy companies have made up a good portion of debt issued in the high yield market over the past few years.

With most of these debts being held by Chinese entities, it's unlikely we'll see a banking crisis in the same way we could have seen if Greece or Spain went belly up, said Lau — many foreign banks hold European bonds — but we've seen markets panic on far less worrisome Chinese news in the past.

Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.

Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed debt in foreign currencies over the past few years and now have to pay it back with a weaker yuan.

Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.

For the past seven years, growth has serially disappointed - sometimes spectacularly, as in the depths of the global financial and euro crises; more often than not grindingly as past debts weigh on activity

Amid fresh reports that Canadians have finally «got the message» and are trimming consumption and debt, it seems likely we're already past the point of no return.

«Now we can match investment with the right amount of equity and debt, whereas in the past, new investment would have to be funded mostly through new debt.»

I think the simplest explanation is that over the past several decades we've gone from a nation of savers who paid cash for things including homes and cars to a nation of spenders who use debt like mortgages, car loans and credit cards to pay for things.

Republicans and some Wall Street analysts warn that Senate Majority Leader Harry Reid's decision to blow up the filibuster on presidential nominations will lead to an even darker period of partisan acrimony, throwing into question the ability of Congress to pass a bill to fund the government past January and raise the debt limit in February.

Over the past several months, debt traders have been growing increasingly wary of this type of monetary tightening by global central banks, which have been the biggest buyers of bonds for years.

He says the higher rates have helped keep the accumulation of household debt lower than it otherwise would have been had Canada continued with government belt - tightening approaches of the past.

The company has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to slash debt.

Majority - owned by Softbank Group, Sprint (s) has spent much of the past year looking for ways to raise money at the lowest possible rates to cover looming debt maturities of its own.

Yet over the past ten years, the national debt has grown from $ 9.4 trillion to over $ 21 trillion - a growth rate of 123 %!

«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the Office of the Comptroller of the Currency, a banking regulator, told Bloomberg in an interview.

On Friday afternoon, the national debt of the United States hit another major milestone, soaring past $ 21 trillion for the first time ever.

Over the past 20 years, Canadian households have more than doubled their ratio of debt to disposable income (a key measure of leverage relative to their ability to pay).

During the past year, households have taken 6 percent of their after - tax income to either set aside in savings vehicles, purchase financial assets, or pay down debt.

While many Americans may think of the European debt crisis as something that occurred in the past, it's actually still ongoing.

NerdWallet's 2017 household debt study shows that several major spending categories have outpaced income growth over the past decade; many Americans are putting medical expenses on credit cards; and the average indebted household is paying hundreds of dollars in credit card interest each year.

We didn't make it past the finish line, but at least we got $ 35k of debt knocked off!

The Republican - led Congress has struggled immensely over the past eight months, and the party now faces further division as they return and urgently need to raise the debt ceiling to avoid a government shutdown, pass an aid package for Hurricane Harvey — some of which is expected to be tied to the raise of the debt ceiling — and now reach a decision on DACA.

Consumers now hold $ 3.8 trillion in total debt, an increase of 31 percent over the past five years, according to Fed data.

In past debt - ceiling episodes we have proactively raised liquidity levels for an added buffer in the event of prolonged market dislocations.

Although the household debt to net worth ratio has declined considerably from its peak, it is still around 26 percent, well above the already elevated average of the past decade (Chart 19).

My venture debt investment consists of all new money I've saved over the past year and a half and represents roughly 15 % of all equity and fixed income investments and 3 % of my overall net worth.

So U.S. consumer spending will fall because of (1) no more easy mortgage or credit - card credit, (2) debt deflation as consumers repay past borrowing, «crowding out» other forms of spending, and (3) downsizing and job losses lead to falling wage income.

In the past, the government has also committed to reducing the absolute level of government debt by $ 3 billion annually once the deficit is eliminated.

Since October, Chinese economic policymakers have expressed little interest in tackling the country's mountain of debt, which has accumulated rapidly over the past decade.

In a low - inflation environment, nominal interest rates are also low, and households are able to service much higher levels of debt than they could in the past.

While bond credit ratings and relative yield can compensate an investor for the relative risk of companies to make good on their debts, the recent past has shown this is not always the case.

Indeed, the stock of local currency government debt securities outstanding for a representative sample of Asian markets has increased five-fold over the past 15 years (it's hard to go back much further).

A world of excess savings is prone to bubbles, and either debt - fueled consumption or high unemployment, and this pretty much describes the world we have been living for the past two decades.