Sentences with phrase «other large debts»

While this type of coverage may at first sound odd, it is meant to insure people who currently have greater financial responsibilities that will decrease over time such as a mortgage or other large debts.
Then total your other existing debts or liabilities such as car loans, student loans, personal loans, outstanding credit card balances, and any other large debts.
Decreasing term insurance is most often used to protect mortgagesand other large debts.
The proceeds from a life insurance policy can be used for many different things, including the payoff of final expenses or other large debts, as well as ongoing living expenses so that loved ones won't have to drastically change their lives.
It sounds like you're already doing this but don't incur any other large debts until you have this taken care of.
Avoid taking on other large debts while you're paying off the house so you don't strain your budget.
So it may make sense for a restaurant owner to pay off other large debts first before pursuing an additional loan, or to make sure you have enough assets to cover debt payments in the event the restaurant doesn't bring in as much revenue as you anticipated.
This means that even if you have student loans or other large debt, your professional profile may justify your situation and improve your chances of getting approved for a mortgage.
«Do you have other large debt payments like student loans, car payments, medical bills?»
For instance, unlike in the past when many who were over age 65 had their home mortgage paid off and no other large debt obligations, today — due in part to the fact that people are living much longer — it is not uncommon for someone who is a senior to still have a large amount of mortgage debt, car loan (s), and / or credit card debt.

Not exact matches

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.
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 quickest way to get rid of your debt and start working toward other financial goals is to cut expenses to free up cash for larger debt payments.
and start working toward other financial goals is to cut expenses to free up cash for larger debt payments.
The Carlyle Group («Carlyle») is one of the world's largest global alternative asset management firms that originates, structures and acts as lead equity investor in management - led buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, growth capital financings, real estate opportunities, bank loans, high - yield debt, distressed assets, mezzanine debt and other investment opportunities.
What really triggered the equity sell - off was fear over the solvency of French and Italian banks holding large amounts of Greek, Irish and other poor quality sovereign debt.
In contrast to banks and other financial corporations, the non-financial sector's foreign currency liabilities have risen since 2009, consistent with an increase in borrowings in foreign debt markets by larger corporations (particularly in the mining sector).
While Portugal's central bank said Banco Espirito Santo SA, the nation's second - largest lender, is protected after its parent missed debt payments, Moody's Investors Service downgraded a company in the group citing a lack of transparency and links to other companies.
In sovereign debt and, to an even greater degree, corporate bond markets, liquidity hinges in large part on whether specialised dealers («market - makers») respond to temporary imbalances in supply and demand by stepping in as buyers (or sellers) against trades sought by other market participants.
Some of the lenders surveyed said they would work with borrowers below these levels, if they had other «offsetting factors» such as a large down payment and / or very little debt.
They bought enormous amounts of mortgages and other debt instruments, and they drove down interest rates to virtually zero to ensure that the large investment banks and financial institutions survived — forcing retail investors to participate in high - risk securities such as equities and corporate debt instead of stashing their money in banks.
Real estate also remains by far the economy's largest asset — so large that it absorbs about 80 percent of bank credit in many countries, with such credit thereby raising housing and other real estate prices, adding to the economy's debt overhead.
The other weak part of Grainger's financial picture is its large debt load at 1.3 times equity.
«If they are able to pay off of their mortgage, they will be rid of the largest debt source and have more income to spend on other items,» he says.
Citigroup, however, the bank that spectacularly blew itself up with toxic derivatives and subprime debt in 2008, became a 99 - cent stock during the crisis, and received the largest taxpayer bailout in U.S. financial history despite being insolvent at the time, today holds more derivatives than 4,701 other banks combined which are backstopped by the taxpayer.
I would also point out that the bond manipulation is so large as to swamp any other investor, fully 1/3 of the UK national debt has been bought by the BoE who simply magiced the money up.
That reinvestment may be used to fund acquisitions, build new factories, increase inventory levels, establish larger cash reserves, reduce long - term debt, hire more employees, start a new division, research and develop new products, buy common stock in other businesses, purchase equipment to increase productivity, or a host of other potential uses.
When borrowing is cheap, firms will take on more debt to invest in hiring and expansion; consumers will make larger, long - term purchases with cheap credit; and savers will have more incentive to invest their money in stocks or other assets, rather than earn very little — and perhaps lose money in real terms — through savings accounts.
On the other hand, if you're struggling to make your monthly minimum payments or you have a large amount of debt, a debt management plan may be the better option for you.
Because of this, we do not recommend Earnest for debt consolidation, but if you are looking to make a big purchase, invest in your future or pay for other large expenses, Earnest is an excellent choice.
Even the ideas which I think are original with me owe a large debt to the foundational ideas and writings of other authors and teachers.
Think of what a typical young couple must learn to handle, all within a few years — coping with marriage, new jobs, pregnancy, caring for a baby, limited finances, a large mortgage and other debts.
We had among the most leveraged banks of any country, a house price boom as large as America's or Spain's, and higher levels of household debt than any other country in the world.
That means that Republicans must pass something to raise the debt ceiling, and they have to do it even though certain members of their party will refuse to do so unless it is coupled with large spending cuts, and certain other members of their party will refuse to do it if those spending cuts are there.
The Board's concerns include that «large holders of Puerto Rico debt will seek to raise their stakes and collateralize their debt with the island's public infrastructure: roads, bridges, sewers, water systems, and other public assets.»
Neumann said in an interview that to win he must clearly articulate a plan for solving the nation's debt problem because no other issue looms as large with voters.
When other counties were facing large deficits, our County was recording a surplus that was used to pay down millions of dollars in long - term debt and fund infrastructure repairs with cash and avoid costly interest payments.
Liu sent a first letter backed by a smaller coalition in July to some of the country's largest banks, encouraging them to amend their mortgage modification practices in order to better serve customers who have fallen victim to variable - rate and other mortgages, which have left many people struggling with crushing debt.
Pension plans, on the other hand, can and do accrue large debts.
Massive pension debt crowds out other education funding, and in some cities, has forced reductions in crucial, basic public services, or caused large tax increases.
«Pyaty Okean» was a distribution centre for AST (one of Russia's two largest publishers, the other being Eksmo), with debts reported to exceed 7.5 billion roubles.
A cash - out refinance replaces a borrowers» current mortgage with a larger loan and uses the home's equity to provide additional funds for other purposes, such as debt consolidation, home improvement projects, and more.
On the other hand, if your goal is to pay off your mortgage faster so you're debt - free or you want to reap a larger profit when you sell, a shorter term loan can be a viable option.
individuals who have cashed out their RRSP's as an attempt to get their other debts under control, only to find that not enough taxes were taken off and now they have a large tax debt; and
Once you've paid off your smallest debt amount, take what you were paying on that debt and apply it to the monthly payment of your next largest debt amount while continuing to pay only the minimum on all other debts.
If you're anticipating a large expense, want to create a set payment plan or save interest as compared to other forms of unsecured debt, Good Choice may be a Greater borrowing option for you.
Starting with either the largest or the small debt (your choice), pour all of your extra money into paying down that debt while still making your minimum payments on all of your other debts.
We find that contributing about 12 % of your pre-tax income each year should be fine for most people, as long as you contribute regularly, invest wisely and don't take on a massive mortgage or large amounts of other debt.
Total Debt Ratio: In traditional mortgage underwriting, the total debt ratio is used to calculate how large the monthly payments on housing expenses and other debts (like student and car loans, credit card debt, etc.) should be, based on gross monthly incDebt Ratio: In traditional mortgage underwriting, the total debt ratio is used to calculate how large the monthly payments on housing expenses and other debts (like student and car loans, credit card debt, etc.) should be, based on gross monthly incdebt ratio is used to calculate how large the monthly payments on housing expenses and other debts (like student and car loans, credit card debt, etc.) should be, based on gross monthly incdebt, etc.) should be, based on gross monthly income.
If you were investing in homes and put debt on credit cards and you had to let them all go, paying a credit repair company may not be a good option for you especially if they are large debts as at least in Texas (other states vary) you can be sued for 4 years after the charge off date.
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