Sentences with phrase «on larger debts»

The snowball method is a debt reduction strategy, whereby if someone has more than one debt, they pay off the accounts starting with the smallest balance first while paying the minimum on larger debts.

If you can pay more than the required minimum on larger debts, do it!

Now I am focusing on larger debts, and even though they are daunting, I have confidence that if I keep working and paying them down, they will soon enough be paid off just like the smaller ones!

Worse, the US owes compounding interest on the larger debt.

In a meeting later hailed as «probably the most healthy conversation that ever occurred in the church,» the congregation overwhelmingly voted not to take on the large debt of new construction but rather to remodel what they already had: a long, low fellowship hall.

The US Department of Education's decision to revisit the gainful employment regulations that would cut off federal aid to career training programs where students take on large debts relative to their income has been generally cheered by the right and criticized by the left.

Unlike credit cards, which charge interest on top of interest again and again, you can pay your loan on your paydays and unlike credit cards you won't be in debt for years and years from making a minimum payment on a large debt.

For this reason, they tend to focus their collection efforts on large debts that are close to expiring.

Because it is likely you are paying on a larger debt balance, you have to continue making the larger payments for many months or even several years to see results.

However, buying a property is not necessarily more economically secure, Rollwagen says — particularly for lower income earners who take on large debts and therefore become vulnerable to changes in interest rates.

It's always important to carefully review your finances and consider your future plans before taking on any large debts — good or bad.

The band - aid is the same as taking on a large debt consolidation loan to pay off your credit card debts.

Lots of countries have explicitly defaulted on large debts explicitly (Argentina) or implicitly through inflation (Germany).

Even though you are about to take on the largest debt of your life, you still have to be able to save.

Your credit score is usually determined by five factors, with the most important being the amount you currently owe and your payment history on large debts.

Consumers Can Help Koryürek agrees that the fishermen are in a difficult position, often forced to take on large debts to equip boats that bring in ever - diminishing returns.

Focusing on a large debt can help you crush down on costs over time.

There are many good reasons to consider buying a life insurance policy, such as a recent marriage, a new baby, or taking on a large debt (like a house) loved ones would have trouble paying off if something happened to you.

Not exact matches

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.

This is why the Nerds don't recommend putting large expenses like medical debt on credit cards — there are much cheaper options available.

But a poll conducted by Abacus Data on behalf of Maclean's for the Canada Project shows the country's citizens are getting more and more comfortable carrying large amounts of debt — with more of that money coming from family and friends.

Contract positions: Taking contract positions on a per - project basis allows you to earn larger lump sums of money to put toward paying off your debt.

Wells Fargo, the country's second - largest issuer of private student loans, said the bank does not accelerate debt repayment on the student customer when the co-signer dies or files bankruptcy.

It won't be easy considering some of the larger events taking place around us: the ever - shifting European debt crisis, Congress» inaction on deficit reduction, and a general government stalemate here at home.

While most of the world would simply buy a larger house, a nicer car and better wardrobe, I've been sinking this cash into several other more productive avenues, including more real estate investments, paying off debt and going on some relaxing vacations.

The deal would load up $ 106 billion of debt, the largest corporate acquisition loan on record, the letter says.

Some of the larger banks put a lot of selling pressure on their clients during the downturn, and there will be some backlash against them as things recover and debt becomes more available.

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

More recently, the world's largest economy flirted with defaulting on its international debt obligations.

No word yet on the equity - to - debt ratio, but debt financing will be provided by a large group of banks that include BofA Merrill Lynch, Morgan Stanley, CUBS and Jefferies.

March 25 - Remington Outdoor Co Inc, one of the largest U.S. makers of firearms, filed for bankruptcy protection on Sunday to carry out a debt - cutting deal with creditors amid mounting public pressure for greater gun control.

A product of the largest private equity deal ever, Energy Future (formerly TXU) is heavy with debt and struggling to compete, since the boom in natural gas production has put a lid on electricity prices.

Severe winter weather in the fourth quarter weighed on results, while a large part of HD Supply's loss included $ 87 million spent to pay down and modify its debt.

Remington Outdoor Co., one of the largest firearms makers in the United States, said on Monday it planned to file for a Chapter 11 bankruptcy deal as part of a plan to lower its debt and turn around its slumping business.

On Friday, Amazon (amzn) inked a roughly $ 13.7 billion deal (including debt) to acquire organic grocery chain Whole Foods Market (wfm), a takeover that would be the largest in Amazon's history when completed.

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

The combination of lower corporate taxes and lower personal taxes, plus the plan to spend a significantly larger amount on infrastructure, could cause a blow - out in the nation's debt.

Some things to consider when making this plan are 1) which debt has the highest associated interest, 2) what is your largest debt, and 3) is there any debt that is especially restrictive on your business via loan terms?

Attending one of these top public colleges can leave you with debt below the national average and a large return on your investment.

On July 18, the city of Detroit became the largest municipality in U.S. history to declare bankruptcy, with debt estimates ranging from $ 14 billion to $ 20 billion.

BC, Canada's largest telecommunications group, announced the biggest buyout in Canadian corporate history on Saturday, accepting an offer worth C$ 51.7 billion ($ 48.5 billion), including debt, from a group including the Ontario Teachers Pension Plan.

Editor's take: Due to the Chase Slate's 15 month intro 0 % APR period on balance transfers and purchases, this card is a good pick for people looking to pay down their debt or make a large purchase.

Large student debts would be both tolerable and fair in an economy where graduates can get on with their careers fairly quickly.

Hence, the best way to consolidate a large amount of debt ($ 3,000 +) without taking on a new loan, is to enroll in a Debt Management Pdebt ($ 3,000 +) without taking on a new loan, is to enroll in a Debt Management PDebt Management Plan.

Bubble - type prosperity is based on debt - leveraged asset - price gains at the expense of the economy at large.

10 It is, therefore, not surprising that the recent Fed statements had a larger impact on assets in EMDEs with higher debt and deficits and that are perceived to be more dependent on external financing (Charts 5, 6).

(Reuters)- Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, is working with investment bank Lazard Ltd (LAZ.N) on options to restructure its $ 950 million debt pile, people familiar with the matter said on Friday.

(Reuters)- Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, unveiled a plan on Monday to best Berkshire Hathaway Inc's (BRKa.N) deal for the Texas utility with a bid worth $ 18.5 billion, including debt.

The turnaround is in part due to policy initiatives such as debt - for - equity swaps that helped the largest banks deal with rising debt loads, and a widespread crackdown by the government on shadow banking that has given them an edge over smaller peers.

The share of a large car manufacturer, for example, may trade on a low P / E ratio, and have a great Dividend Yield, but if it has a pile of debt repayable next year then the low share price might be valid.