Sentences with phrase «paid on a debt»

«Floor plan financing interest» is interest paid on debt used to finance the acquisition of motor vehicles held for sale or lease and secured by the inventory so acquired.

Taxpayers who do not own their home have no comparable ability to deduct interest paid on debt incurred to purchase goods and services.

Once the smallest balance is eliminated, you take the amount you were paying on that debt and apply it to the next lowest balance.

That can hurt a company's stock price if it's borrowed a lot, as the interest it's paying on that debt is more expensive — meaning more money will be spent paying it down, leaving less for product development, marketing, etc..

This is despite the fact that interest rates paid on debt by households are substantially lower now than in 1996.

If you really want to reduce what you pay on your debt, refinancing to a lower interest rate and a shorter term can be the way to go.

The interest or fees you will pay on your debt depend on many factors such as the debt amount, its duration, the type of the debts, the lender and your credit score.

Plus, varying levels of interest rates paid on debt loads can also muddy the water on earnings — not to mention that there are various analytical ways to account for rent expense (whether to capitalize such assets or to allow the expense to flow through the operating line).

«The city is reduced to a special tax district to pay on its debts and underfunded schools,» Hawkins wrote.

If fact, settling for an amount less than owed can be more detrimental to your credit score than if you hadn't paid on the debt at all.

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.

The Mortgage Interest Deduction allows a Federal tax deduction of interest paid on debt from a first or second home.

Because you settle your debts, it's often possible to negotiate payments that can be 75 % or more less than you were paying on your debts before.

Also, if you have not been paying on your debts, make sure you can afford the new loan amount.

If, however, the $ 50,000 has a lower interest rate (mortgage, line of credit or loan) then you want to look closer at the interest rate you are paying on the debt versus the interest / investment return you could be earning once invested.

At first, the increased income can go directly towards reducing debt and by doing that you will be reducing the interest you will be paying on that debt and second, there is the added benefit of the fact that you be either too busy or too tired to spend money elsewhere, and that can be a good thing.

Minimum Payment The smallest amount of money that one may pay on a debt in order to keep the account from going into default.

You will always earn less money from the interest of funds invested than it will be costing you for the interest you are paying on your debts.

This could be a wise strategy, but only if you are able to qualify for a loan interest rate that is much lower than the interest rate (s) you are already paying on your debts.

On average if you only pay the minimum which in most cases is 2 % of the balance, plus interest, you will be paying on the debt for over 30 years.

That's because the monthly payments for credit counseling services may not be that much lower than the minimum monthly payments you pay on your debts right now.

Like many other folks nowadays, I'm trying to lower my debtload, and one of the ways would be to reduce the interest that I'm paying on my debt (currently around 9/10 %).

Another alternative is to pitch those customers a balance - transfer credit card that would consolidate the balances held on other cards and reduce the rate they're paying on their debt.

The goal is to lower the interest rates you pay on all debt eligible for the program.

Refinancing your mortgage can be a smart way to reduce the amount of interest you're paying on your debt and accelerate your mortgage payoff plan.

Because of missing work and not knowing if I would be able to return, right away, I stopped paying on my debt.

When you've paid off the smallest debt, add the amount you were paying on that debt to the next smallest one.

Once money is paid on debt (principal), it no longer costs interest on that money.

However, when interest rates rise, the amount of interest you will pay on your debt will go up unless you have a fixed rate loan.

There's the good kind of interest that you earn on your investments and the bad kind of interest that you pay on your debt.

Xerox has managed to decrease the amount of annual interest paid on its debt from $ 592 million to $ 243 million over the last three years.

If your parents have good credit, they may be able to borrow at a lower rate than you are paying on your debts.

Debt settlement Indiana Programs — are where you have to stop paying on your debts until your accounts are delinquent to the point where the original creditors write off the debt and sell it to a third - party debt collection company.

That's 100 % return and far surpasses the interest rate you're paying on the debt.

The rule of thumb is that the after tax return on your investment should be better than the interest rate you are paying on your debt.

Make a plan to put an end to the consumer debt, and the interest you're paying on that debt, before interest rates start rise.

In this article I explained how it is possible to make extra money if you can invest money at a higher interest rate than you pay on your debt.

If you are confident in your ability to invest your money at a higher rate of return then you are paying on your debt, mathematically it makes perfect sense to do so.

Remember if you choose to use the cards, you will effectively negate the value of having only one monthly bill to pay on your debts.

First, the interest rate on the new debt must be less than the interest you're paying on the debts you consolidate.

For debt consolidation to make sense, you should be able to reduce the amount of money you have to pay on your debt each month.

Compare the interest rate paid on debt against the company's ROE to see how close they are to experiencing the negative outcomes of leverage.

The rule of thumb is to avoid spending more than 35 percent of your take - home pay on debt.

For either, the cost of debt is the interest rate the company pays on debt.

Doesn't it make sense mathematically to pay on the debt with the highest interest rate first?

For equity investments such as stocks, the return in your investment could be more than what you pay on your debt.

This is especially true if the interest charges you would pay for the loan outweighs the amount you would be paying on your debts.

The interest or fees you will pay on your debt depend on many factors such as the debt amount, its duration, the type of the debts, the lender and your credit score.

It means taking a new loan in order to pay the old one and paying on debts as a result.

But I also in no way plan to be paying on these debts for the next 15 - 20 years.