Sentences with phrase «outstanding debt paid off»

Not exact matches

Last, companies with high cash balances can also return money to you directly by paying off debt, and thus increasing profits; buying back outstanding shares; and even paying a dividend.

Currently, more than 44 million Americans have outstanding student loan debt, totaling over $ 1.4 trillion among them, and these figures make it hard to fathom how student loan balances will ever be paid off.

She took a $ 10,000 advance in March with Bethesda, Maryland - based RapidAdvance to purchase merchandise and pay off some outstanding debts.

Paying off any outstanding credit card bills goes hand in hand with reducing overall debt, and it's something you should aim to do in your 30s, said Khalfani - Cox.

Debt Limits: Maximum Number of Outstanding Loans at One Time: Not Specified Rollovers Permitted: Two (renewals) Cooling - off Period: Repayment Plan: Yes (Up to 6 months; no extra fees; must pay 5 % of balance due when plan signed.)

It's not hard to imagine that after a few years of owning your home, crushing it at work, and paying off other outstanding debts, that your credit could shoot for the sky.

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

Pay off outstanding debts and refrain from opening new credit cards or getting a car loan.

Transferring a balance will help you pay off your outstanding credit card debt faster, because you'll have a longer grace period where the amount isn't accumulating or compounding interest.

You will use the loan proceeds to pay off your outstanding debts.

If you have a high debt - to - income ratio, one solution would be to pay off your outstanding debt before applying for mortgage pre-approval.

This means you'll save some money on the interest you'll pay back against your borrowing; making balance transfers a preferred way for many borrowers to axe interest and pay off outstanding debt, as many credit card companies offer an interest free period on balance transfers to new customers.

According to CNN Money, the student loan lawsuit alleges money damages are in order because it will be more expensive — and take longer — to pay off the outstanding student loan debt.

In other lending markets, a drop in outstanding debt can reflect lenders writing off the debt rather than borrowers paying it down.

the board does still have massive financial obligations still to meet with the gross debt still outstanding at # 233 million, and it unfortunate because we run self sustaining model we will only pay it off when the bonds mature.

St. Louis financial planner Chad Slagle recommends determining how much coverage to get this way: «Add up all your debt — autos, house, credit cards, outstanding student loans — and calculate how much insurance would pay off that debt and then give you enough interest income to cover your expenses while staying home to take care of your family.»

«Certainly one option would be to pay off the outstanding debt, the debt that's still being paid by taxpayers,» Curry said.

However the financial strategy, including paying off outstanding debts through to 2016, is sacrosanct, even if it means savage cuts in spending.

Make a plan for how you'll pay any outstanding debts off, even if it's a little monthly amount.

I think it's safe to say that if you have a mass amount of outstanding debt, it's best to pay that off before making any huge purchases.

If you want to get rid of debt collection calls and the worry of outstanding debts, it is imperative you have plan to pay off the balance in full by focusing all of your extra cash towards what you owe.

Moreover, you will be able to get finance sooner than you think since even if you have an outstanding mortgage, you will be able to get a home equity loan based on the equity you build on your home either because you are paying off the mortgage and the debt is reduced or because the property's value will increase over the years.

When you carry outstanding credit card debt on your credit reports you represent a higher credit risk than someone whose reports show paid off credit card balances.

In a Nutshell: Paying off credit cards can improve credit scores substantially as outstanding debt is the second... read more»

In a Nutshell: Paying off credit cards can improve credit scores substantially as outstanding debt is the second most heavily - weighted factor in calculating scores.

They might also give you the opportunity to pay off any outstanding debt by coming to a suitable arrangement.

Some mortgage lenders offer mortgage refinancing options, which will enable you to pay off the outstanding balance on your existing debts and replace them with a new mortgage.

If you find it difficult to pay off your outstanding debts on time a debt management program makes certain all of your creditors are paid on time.

Debt consolidation can pay off your outstanding bills and give you a clean slate to work from.

Mortgage insurance is another name for a life / critical illness and disability insurance that pays off your outstanding debt on your home in case of a tragic event.

If you're a teacher and have an outstanding student loan to pay off, then there's a special way of repaying your debt.

While most of us don't have enough cash on hand to pay off any outstanding debt right away, make a plan to pay it off over time.

Once I pay off the last collection agency I will have no more outstanding debt (other then student loans which I have been paying on time).

Pay off your outstanding debts.

If you haven't completely paid off your outstanding debt with the Simplicity card, you'll get 18 months of 0 % APR on balance transfers with the Double Cash card.

Once you pay off your outstanding debt and the interest - free period has expired on the Simplicity card, you should consider getting a cashback card that will reward you for your spending.

In order to get the card, you must first pay a deposit which can be used to pay off outstanding debts on the card.

It is applied to the outstanding balance and allows a debt to be paid off more quickly.

However, if you're just in market for life insurance to replace your income, pay off outstanding debt, or financially protect your dependents in the event you die unexpectedly, term life insurance may be a better option for you.

On the other hand, reducing personal debt and paying off outstanding mortgage amounts is also clearly a worthwhile pursuit.

Request a consolidation loan and use the money to pay off the outstanding debt.

Chapter 7 bankruptcy, also known as a liquidation of assets, liquidates eligible assets to pay off as much of your outstanding debt as possible.

The money obtained from the loan is used for paying off outstanding debt that carries higher interest rates.

Debt to cash flow less than 2 to ensure companies have adequate cash on hand to pay off outstanding debts;

Paying off any outstanding credit card bills goes hand in hand with reducing overall debt, and it's something you should aim to do in your 30s, said Khalfani - Cox.

In return for paying back what you can realistically afford each month (after living costs and essential expenditure has been accounted for), usually for a period of five years (you may also be required to release any equity that is available in your home - only if you can afford to), your creditors will agree to freeze interest and write off any outstanding debts.

Although a temporary inconvenience to all parties, I could have used the time to build my credit by using a secured credit card (which requires a deposit), paid off credit card debt, consolidated outstanding loans and saved some money for a down payment.

Young, healthy individuals with families typically need enough life insurance coverage to pay off a home mortgage and other outstanding debt and provide some income replacement for their spouse and children.

Transferring a balance will help you pay off your outstanding credit card debt faster, because you'll have a longer grace period where the amount isn't accumulating or compounding interest.

By paying an outstanding, delinquent debt you will change the account status to «paid collection,» «paid was late,» or «paid was charged off» - which will still stand out as a very negative listing.