Sentences with phrase «on the credit rating because»

Nobody's likely to loan you a lot of money based on your credit rating because it's so bad.

Many people believe debt relief can have a negative impact on a credit rating because you had to turn to a debt relief program to help you regain control of your finances.

Also, even if a large personal loan from a family member is fully repaid, it has no impact on the credit rating because the loan is independent of the lending industry.

Not exact matches

Moody's, a credit rating agency, issued a warning that the settlement may have a negative effect on Wells» debt because of image concerns and called the incident «highly disturbing.»

Beyond the requirements that liquidity and regulators impose on us, we will purchase currency - related securities only if they offer the possibility of unusual gain — either because a particular credit is mispriced, as can occur in periodic junk - bond debacles, or because rates rise to a level that offers the possibility of realizing substantial capital gains on high - grade bonds when rates fall.

That said, this is No. 10 on our «get» list, because the interest rate on student debt isn't as onerous as personal credit card debt, but we do find it a bit depressing that our list is bookended by debt!

Most people focus on consolidating unsecured debt, such as credit card debt and payday loans, because of the higher interest rates that are charged on these types of debt.

A credit score usually means you can keep more of your money because you will receive lower interest rates on your home or car loan.

Standard & Poor's said on Thursday it remained poised to cut Toshiba's CCC - long - term credit rating «because its plan to sell its memory business has yet to materialize and additional losses or financial burdens might still arise in connection with its U.S. nuclear power business.»

We focused on the two dominant macro factors — credit risk and interest rate risk — and how holding these factors together provided diversification benefits because of their historically low to negative correlation.

A downgrade in the credit rating of a bond by the credit agencies can affect bond performance as well if institutional investors are forced to sell because of restrictions on the credit quality of the bonds they're able to hold.

That's because many of the benefits of bond ladders — such as an income plan and managing interest rate and credit risk — are based on the idea that you keep your bonds in your portfolio until they mature.

However, other kinds of debt, like the kind from credit cards, can be some of the most expensive and damaging debt we accrue in life because interest rates are generally extremely high and many people get used to spending on things they can't really afford.

And because analysts expect the Prime Rate to continue to rise, it's reasonable to worry about a future APR hike on your credit card.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Likewise, some people ask for a credit limit increase just to lower their credit utilization rate — or the portion of their credit limit they've used on purchases — because it can impact their credit score.

Your credit score has a greater effect on the interest rate for credit cards because credit cards are unsecured debt.

If they go on strike or if they're fired because they complain about working conditions, all of a sudden their interest rate goes up on their credit card, all of a sudden they miss their mortgage payment, they're losing their home.

Also, again, because the loan is unsecured, the rate may be higher than, say, a home equity loan.However, if you can get approved, the rate will probably be below that of a credit card, so it would still be better to use the loan versus leaving the balances on the cards.

You know on the one hand if a country leaves the Eurozone, and not like Britain did but like an actual country that's located directly in it like Italy or France, then the whole thing blows up because suddenly the credit markets go because at that point the credit rating for the European Union is different.

Because of profit squeezes, banks increase their rates on services such as check certifications, credit card payments, and fees on savings accounts.

Debt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest rates.

We determined the rewards rate on the Marriott Rewards ® Premier Credit Card to be anywhere between 0.8 % and 4 % when you use it for hotel stays - that is because you get anywhere between 1 and 5 points for every $ 1 you spend.

That said, higher earners — those who tend to have the highest effective tax rates — are often unable to capitalize on tax credits because most phase out at higher income levels.

Advantage: - easy to get the money quickly and tuhwoit having to qualifyDisadvantage (s): - horrific interest rate that starts the second that you get the money - misleading minimum monthly payments that lull you into a false sense of not having to pay off the loan in its entirety - having to eat tinned beans for the rest of your life because you are paying 30 % interest on a simple loan.Never, ever, ever take out a cash advance on your credit card.

International investors are encouraged to loan money to African governments (which may or may not have a reputation for corruption, human rights violations and illegitimacy) because of the incredible incentives on the lender - side of the credit market: high interest rates, floating interest rates, loan origination fees, participation fees, etc..

«The risk is quite high that you're facing because you are dealing with depositors» funds but you don't know who they (borrowers) are, and you don't know where they live, so we (government) basically said you need to at least put these fundamentals in place before you can really expect a sustainable decline in interest rates that can be driven by proper risk assessment through credit rating agencies and so on.

Fact: While Ryan tried to pin the downgrade of the United States» credit rating on spending under President Obama, the credit rating was actually downgraded because Republicans threatened not to raise the debt ceiling.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

It's like your credit card company's lowering the interest rate on your credit card because they view you as a better credit risk.»

After the rapid decline in Erie County's credit ratings following the «Red - Green» Fiscal Crisis, the County had opted to allow the Erie County Fiscal Stability Authority to borrow on its behalf because of the interest savings associated with their superior credit rating.

SYRACUSE, N.Y. — A Wall Street ratings agency this week said the outlook for Syracuse's future credit rating has worsened, in part because Mayor Stephanie Miner's research on bankruptcy indicates «the city may lack strong willingness to meet its obligations.»

These projects were approved by California voters and were supposed to be funded by the sale of state bonds — but they've been on hold because the state's poor credit rating has made state bonds all but impossible to sell.

Not because any individual path, do I rate it say greater than 50 percent, but when you have about a dozen paths, all which at least to mea appear to have better than 20 percent chance independently, that if you get the R&D up, if you do things on the demand side that include great things we've done, like production tax credit, investment tax credit, Renewable Portfolio Standard, many, many tens of billions of money just in the U.S. alone, so we push the demand side, and now with the commitment to raise R&D and 2016 being the first year that actually did get appropriated, then you're very much tilting the odds to have a very positive surprise.

Because NAEP is based on a sample, it would discourage the kinds of test prep, credit recovery, grade changing and rate faking that afflict graduation data — and that often afflict state assessments.

While LA Unified's projected graduation rate continues to tick up this spring as seniors complete extra credit recovery courses to make up those they previously failed, 30 percent of those the district considers «on track» for graduation currently aren't because they are failing at least one A through G class.

So by the time we went to Ricart Ford to make a purchase they had to work really hard to get our rate down with the bank all because of the Multiple hard inquiries that they put on our credit.

I was given a 0 % loan from NMAC financing despite not steallr credit rating because I had never missed a payment on my previous car loan.

And perhaps because so many of us rely so heavily on credit, few of us are unaware of the consequences for those who fail to pay their bills - «repossession,» «foreclosure» and «poor credit rating» have become modern - day bogey - words, the stuff of which nightmares are made.

Because so much of the audiobook market uses subscription models (where listeners purchase flat - rate credits that can be applied to any book on offer), it can be hard for shorter books to compete against full - length titles at the same price through those distributors.

What bankruptcy actually does is it improves your credit rating because it puts a stop date on collections and it typically says once you're discharged from bankruptcy those debts are discharged.

These are tricky questions to answer because inquiries remain on consumer reports far longer than they impact your credit rating.

Because of the particularly high interest rates that many credit cards carry, financial advisors recommend focusing on paying down this debt before other types of loans.

Because the rate on a Brazos Refinance loan is determined in part by your credit score, you may be eligible for a lower rate.

Interest rates on personal loans are typically lower than those for personal lines of credit, because there is less uncertainty involved for the lender.

Credit rating is fairer than judgmental methods because it's based on real and empirical data of millions applicants.

If the interest rate on the new loan is lower than the credit cards, it's good because you've reduced the overall cost for yourself.

In part because of their typically lower overhead, credit unions are often able to charge lower fees on loans and provide higher interest rates on deposits.

Since September 2007, FHASecure has enabled tens of thousands of families — who are current on their home loans or past due because their teaser rates reset — to close on loans refinanced through HUD's Federal Housing Administration (FHA), which is backed by the full faith and credit of the government.»

Now the interest rates on these bad credit loans are usually arranged with larger than market rate interest rates because of the risk you may present to the lender.