Sentences with phrase «on borrowed money such»

A finance charge is the interest you pay on borrowed money such as credit card balances.

Not exact matches

This could leave your business wide open to issues such as a negative impact on your personal credit report, ultimately hurting your ability to borrow money for yourself.

Maintaining such low rates has a stimulative effect on the economy, because it helps businesses and consumers borrow money cheaply, which in turn encourages them to buy things.

You can borrow money against your retirement account under some circumstances, but financial advisers say such borrowers often struggle to get back up to speed on their retirement savings — in other words, their past over-saving leads to future under - saving.

That is why Labour continued to spend and borrow and bribe right up to the wire, desperately hoping to hang on, and racking up such huge debts that Treasury Minister Liam Byrne left a note to his successor gloating that there was «no more money left».

Patients were asked to answer a seven - question survey that asked whether they had used savings, borrowed money, skipped bill payments or cut back on items such as food, clothing or recreational activities because of their cancer treatment.

Under the current rules, academy trusts must seek EFA approval for borrowing from any source, where such borrowing is to be repaid from grant monies or secured on assets funded by grant monies.

That's why I would only borrow money in situations where I'm not suddenly forced to come up with money to cover losses such as a HELOC — I don't want to depend on the performance of the stock market.

As such, the annual interest rate on a loan or other form of debt is a percentage that describes the yearly cost of borrowing money.

If you need to borrow money to pay off this settlement, consider taking on a secured loan, such as a car title loan.

Different kinds of debt, such as a mortgage payment, will calculate how much room you have in your current budget to take on new debt and limit the amount of money you can borrow accordingly.

There are drawbacks to this — such as missing out on tax - free compounding — but borrowing from your 401k may be a better option than pulling your money out completely; it will be much cheaper since no penalty will be exercised, just as long as you pay the money back with interest within five years.

Students can also find other resources, such as borrowing money by academic major, and tips on how to save money.

Some expenses, such as rent for an office, employee pay and even interest charged on money borrowed toward your business, are eligible for deductions.

Peer to peer lending companies such as Prosper and Lending Club find borrowers who are looking to borrow money at rates cheaper than what banks will lend to them at and match them up with investors who are looking to earn a higher return on their money and are willing to fund their loans.

Of course, once you get to the stage where you have your finances in order and everything is under control, budget surpluses can be better spent on investing in appreciating assets such as property, provided the property market is rising, and only where you will be able to make more money from borrowing to buy the property than you would using the money elsewhere.

While there are many different types of mortgage loans available, you might find it hard to borrow money particularly if you have a bad credit score (due to unpaid credit card bills and such like), are on a low income, only have a small deposit, or have lived in the UK for less than three years — all of which make owner finance an attractive option.

If you borrow money to trade securities on margin — or if you own highly leveraged investments such as futures contracts — your broker will ask you to sign a «hypothecation agreement.»

Investment expenses include losses from rental property, non-active partnership losses (such as tax shelters), interest on money borrowed for investments and 50 % of resource - related deductions.

Personal interest, interest paid on money borrowed to buy personal items such as clothing, gifts, artwork, furniture, and cars not used for business, is not deductible at all.

If, however, the policyholder chooses to do so, he or she can either borrow or withdraw the money that is in the cash value component of a burial insurance policy — and they can do so for any reason, such as paying off large debt obligations, supplementing their living expenses in retirement, or even for going on a cruise or taking a vacation.

For example, buying on margin would be borrowing money to purchase a security or other asset such as a cryptocurrency.