Sentences with phrase «other debt you are carrying»

If you are behind in your support payments because of the other debt you are carrying, then a consumer proposal or a bankruptcy is a good choice depending on your financial circumstances.
Take a look at your credit cards, student loans, and any other debt you're carrying, and begin paying extra to the debt with the highest interest rate — paying more now can save you thousands of dollars in the long run.

Not exact matches

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions
In other words, as a consumer you might be carrying too much debt.
We had — family come from as far as Edinburgh and Devon, 2 Christmas dinners to accommodate said family, 2 present opening sessions, some good long walks to work off excessive food, cousins all catching up with each other, a bit too much to eat and drink, relaxing afternoons when we could do nothing because it was raining and anyway it was getting dark soon so we might as well call it a day, and a mammoth monopoly game, which carried on so far that someone had bought jail, chance and community chest, and someone else had «banker» debt status, which meant he could borrow as much as he wanted.
Thus, «these huge debts need to be settled before effective delivery of services can be carried out» because these debts mean that the sanitation service providers argue, among other things, that «they needed fuel, they needed tires, they need to pay their workers so they were not able to collect the waste regularly the way we desire.»
Some argue that being debt free is dumb because you lose out on special tax deductions, others argue that you just can't live in these «modern times» without assuming debt, and some folks even justify carrying debt because «everyone else does it ``.
However, the comparisons we've made clearly demonstrate that women who carry student debt into their 30's are more vulnerable to other financial strains that could eventually lead to filing insolvency.
Keep in mind also that unless you have no other debt you are probably better off paying debt that doesn't offer any tax advantages and carries higher interest rates.
Like any other form of debt, past due taxes is a debt — a debt to the government — that carries interest.
If you're carrying credit card debt, student loan debt, or both, then building cash reserves for the purpose of anything other than paying down those debts should be the last thing on your mind.
Higher scores tend to suggest better creditworthiness for the person being rated; lower scores, on the other hand, carry associated risks to the person in terms of the likelihood of being able to pay his debts.
A second mortgage in Peterborough typically carries lower interest rates than other unsecured debts and for a lot of people is the cheapest way of getting the money they need.
To the bank, an individual carrying an above - average amount of debt is more likely than other consumers to default on at least one of their credit accounts.
«Save big» is always a formula when it comes to paying off your credit card debt sooner, but if you're tired of carrying over the balance from one month to the other and you're looking for ways to pay off credit card debt fast, then you must educate yourself on some important points.
If you have other debts that carry hefty interest rates, and refinancing your home otherwise makes financial sense, it may be wise to consider consolidating your debt.
In other words, the added return of investing is worth carrying the debt for the home.
The other recommended option is refinance loan that includes cash coming back to you if you need money or if you are carrying a lot of high rate credit card debt.
Choosing to make a habit of living on a lower percentage of your income, say, 70, 80 or 90 percent, and choosing to save and / or invest the other 10, 20 or 30 percent ensures that you'll be able to avoid carrying credit card debt, and that you'll always have enough in savings to fund bigger expenses such as houses and cars.
If you, like many others, carry debt across multiple cards, it is easy to feel overwhelmed trying to tackle them all at once.
The other main category of reason codes concerns the amount of debt you're carrying.
This is especially true for people who are already carrying high levels of credit card and other revolving debt.
Sorry I mean't to add one other thought, if the card holder is carrying a high balance and their interest rates increase like the banks have been raising in recent months, this could backfire on the banks themselves, I mean since the banks give a 45 notification of the increase and the consumer is already maxed out and can barely make the payments as it is, the increased interest rates because of how the congress requires at least all the monthly interest and some of the principle to be paid on the cards, done so that consumers could reduce the amount of time to illiminate their debts, this may spawn many card holders whoms payments will increase much like those adjustable rate mortgages that people walked away from to go wild with their remaining balances on the card and then default, the whole irony is that the consumer may very well use the card thats damaging them to pay for bankruptcy proceedings lol!
The most critical scoring distinction between cards and loans tends to be within the amounts - owed category, where loan debt carries far less scoring weight than credit card debt, which includes credit utilization and some other debt - measuring calculations.
Others may be carrying significant debt that they wouldn't want to pass on to family members who survive them.
With the increase in the amount of debt that many Americans are carrying related to credit cards, mortgages, and other liabilities, the number of places offering payday loans has skyrocketed.
We carry no other debt and have a 6 - month emergency fund, so we're pretty set there.
San Antonio was No. 1, possibly because of the area's heavy presence of members of the military, who are more likely to carry higher credit card debt than other portions of the population.
At the other end of the spectrum, in New Hampshire, the average graduate carries debt that's over $ 36,000 and almost three - fourths of students graduate with debt.
However, 60 percent of students leaving college who were residents of New York were carrying student loan debt, ranking it 25th among other states.
But there are other types of debt in the equation too: Colorado homeowners with mortgages carried an average balance of $ 230,142 while those residents holding student, car, and other consumer loans were in debt to the tune of $ 41,770 on average.
Among other criteria, your credit score is affected by the amount and type of debt you carry and the timeliness of your payments.
Unsecured debt represents a higher risk, which is why it carries higher interest rates and other finance charges.
Today it's quite common for families — and individuals — to carry $ 20,000, $ 30,000, even $ 50,000 or more of credit card or other unsecured debt.
Debt including credit card balances and discretionary purchases of expensive vehicles (which quickly depreciate in value) and other non-essential goods are considered «bad debt» due to the costs associated with carrying balanDebt including credit card balances and discretionary purchases of expensive vehicles (which quickly depreciate in value) and other non-essential goods are considered «bad debt» due to the costs associated with carrying balandebt» due to the costs associated with carrying balances.
LendingClub's loans are a particularly good fit for people who carry a balance on their credit cards or for those who have other types of long - term debt.
I've been a very happy investor in Vodafone, as it carried less debt than other major telecommunication companies, had much less exposure to legacy costs associated with wireline businesses because they're primarily a wireless company and they had broad geographic exposure to Europe, India, Africa, Australia and the U.S. (through 45 % of VZW).
Compared to student loan debt, those 65 and older are much more likely to carry other types of debt.
This finding is supported by our recent consumer research that shows improved financial behavior by Gen Xers, even though many carry larger debts than other generations.
In other words, despite the taboo of carrying or incurring debt in retirement, if one's income is high, I think they need to at least consider the potential of using some debt to avoid giving away 50 % or more of an excess RRSP withdrawal.
Plus, the longer you're carrying around this debt, the longer you put off making any progress on other lifetime goals.
If there are many debt claims, and firms with debt finance other firms via debt, who finance other firms via debt, etc., then we set up a bunch of financial dominoes, where a disturbance can knock one down and carry others with it.
If you have a higher tolerance for carrying debt than others, it might be something to consider.
Without the debt (among all other crushing obligations a young family faces) we may have been able to stay to at least carry out my elected term or allow me to run for another elected office.
While many offer low introductory rates, after a designated time period, those rates skyrocket to more than 20 % Annual Percentage Rate (APR) Regardless of your income, carrying any significant amount of debt at that interest rate for anything other than a short term is unsustainable because of how the interest compounds.
If you've recently bought a home, car, or other large purchase and are carrying around some debt, this may not be the right time to apply for any new credit card, let alone the Chase Sapphire Preferred ® Card.
The United States carries tremendous debts, much of it owned by foreigners and foreign governments, other countries» sovereign wealth funds are looking to acquire chunks of the U.S. economy, the U.S. dollars is the world's reserve currency primarily because of inertia rather than our economic strength, and we ship money abroad every day to buy plasma tvs and gasoline.
The transaction is part of a larger fundraising exercise carried out by Pharming to raise $ 104 million before costs (comprising of straight debt, convertible bonds and proceeds of rights issue) to, amongst others, acquire all commercialisation rights to its own product RUCONEST ® in North America and to repay its existing debt facility.
Many SRLs are carrying debts from previous legal services, or are financially vulnerable in other ways due to the unresolved nature of their case.
In addition to paying off debts, there are other reasons for those who are age 70 and over to carry life insurance protection.
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