Sentences with phrase «paying interest on the debt»

The government already spends about $ 12 - billion each year to pay interest on its debt, about 8 per cent of revenue.

«There won't be enough money in the government to allow for a tax cut and fiscal stimulus program if in effect the government can't even pay the interest on the debt without borrowing the money.»

This can soon become a vicious cycle where you get your paycheck and use it to pay interest on your debt.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

You'll need to pay interest on the debt (and any penalties that the government assesses) while you're on the payment plan.

The reality was that by the early 1990s, the surplus in the operating balance was not sufficient to pay the interest on the debt.

The rest of the economy will be paying interest on this debt for a century to come.

You'll not only be paying interest on those debts, but you may be sabotaging opportunities to get better rates on loans you take out in the future.

Very soon the largest line item spending category will be paying interest on our debt.

Plus it takes the government more than 20 % of tax revenue each year just to pay INTEREST on its debt — and that's at a time when rates are actually NEGATIVE.

Cons: The biggest downside to personal loans is that you're still paying interest on your debt.

This includes borrowing $ 1.9 billion just to pay the interest on this debt.

We are impoverished by a government which steals taxes to pay the interest on the debt it has assumed without our consent.

While it's never a good idea to pay interest on debt just to get a tax benefit — since you can never receive a discount that will match the total cost of holding the debt itself — the truth is many small businesses need to carry over balances on their credit cards to keep running and, ideally, to grow.

Now that you don't have to pay interest on your debt, you may redirect the funds towards paying down the principle.

Debt levels in Canada and the U.S. are rising and anyone paying interest on their debt is bound to be affected.

If you have credit card debt and are paying interest on the debt, make sure to use a balance transfer credit card immediately to clear the debt.

If you are talking about credit card debt, you are almost certainly better off paying it off than investing the money and continuing to pay interest on your debt.

You'll not only be paying interest on those debts, but you may be sabotaging opportunities to get better rates on loans you take out in the future.

Before you know it, they end up in debt and they will start and continue paying interest on the debt until they fully pay it off.

Cons: The biggest downside to personal loans is that you're still paying interest on your debt.

Either way, any debt you have means you owe money to someone else and will (most likely) be paying interest on that debt.

Through a debt consolidation company you will likely continue to pay interest on your debts; through a Chapter 13 plan you will not pay interest on unsecured debts.

Default can mean either a company is unable to pay interest on their debt or a potential delay in payment of interest on debt.

If I can do this, they I don't pay any interest on my debt and I can repay this when I get a new job (or through the side hustle income I would be working hard to earn whilst I was unemployed).

The holding company pays interest on its debts, and dividends to shareholders, if any.

It costs less to save now than pay interest on debt later.

When you're deciding which credit card to get, ask yourself this question: Will I be paying interest on my debts?

Reason being that you will have to pay interest on that debt.

The percentage of tax revenue from each citizen that goes to paying interest on debt will keep rising as the population decreases.

In addition to paying interest on your debt you will be missing out on discounts for early payment of accounts.

Because you'll be earning the interest on your savings, instead of paying interest on the debt, you'll be paying a lot less in a shorter amount of time.

I hate paying interest on debt (unless it's Good Debt).

This one only requires us to pay the interest on the debt each month, and the rest is up to us until the maturity date comes around — a good 15 years away;)(We also have the option of converting any portion to a fixed - rate loan w / a current rate of 4.85 % too, if we choose.)

In many cases, the government can pay the interest on the debt so that you are not accruing more of it.

Default is easy; you just stop paying interest on your debts.

This however should not dissuade you for using a balance transfer credit card, as you will more than likely make this amount back and more by not having to pay interest on your debt for the first 12 months or so.

Balance transfers are popular because they offer people a break from paying interest on their debt.

This means that you may transfer your balance, and you may start spending on your account, and you will not have to pay interest on your debt for a full year.

The expiration of the limitation period with respect to a principal debt shall have the same effect with respect to an obligation to pay interest on that debt.

Being in Debt — Paying interest on debt can cost you big time over the years.

Louis notes that the debt ceiling doesn't need to be raised for the US to pay interest on its debt.

Governments will never pay the interests on their debt if they can't afford.

The hyper flatiron is created on purpose by a government that can't pay the interest on its debts.

Not exact matches

To the extent it causes interest rates to rise, interest rates you pay on any new debt are likely to go up.

If you can leave this decade with minimal debt, you're in good shape — focus on paying off your highest interest rate debt, and your credit card balances monthly.

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

Losing money can happen when you pay a price that doesn't match the value you get — such as when you pay high interest on credit card debt or spend on items you'll rarely use.

Without significant revenue growth the company has been unable to offset the interest it pays on its heavy debt load, but First Data has hinted that an IPO could be on the horizon, Bloomberg reports, which would raise some much - needed funds.

Debt: Taking on debt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressful tiDebt: Taking on debt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressful tidebt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressfuInterest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressfuinterest payments soak up cash flow that could be used in stressful times.