Sentences with phrase «people borrow money»

People borrow money to buy houses, pay for college, buy cars, and buy the things they need in everyday life or to fill the gaps in their monthly budgets or when between jobs.
However, too many people borrow money and trade securities and get into trouble because they have no equity in the position.
People borrow money to pay for things that they need all the time.
When large portions of the economy have no inclination to borrow, monetary policy, even unorthodox and evil monetary policy has little effect on the real economy, where ordinary people borrow money (excluding from the GSEs).
Here's another example: Many people borrow money from their parents.
Some of the good reasons that people borrow money with a second mortgage is to do home improvements, pay for college or possibly to invest in wise investments.
People borrow money expecting to repay the obligation from future earnings.
If we did what Labour want, and watered down our plans, the risk is that the people we borrow money from would start to question our ability and resolve to pay off our debts.
If lots of people borrow money, there will be lots of it.
They would spend it because that's why people borrow money!
This is the best time in history for starting and running a small business, as governments and private lenders are letting people borrow money for the most part at the best interest rates anyone has ever seen.
When they are low for a long time, more and more people borrow money.
On these podcasts I also always here about people borrowing money from and / or making withdrawals from their IRA / 401K to pay for this or that.
It provides a complete picture of the person borrowing the money.
On the other hand, the behavior of person borrowing the money is far more impactful to qualifications and last much longer.
You can read about positive experiences and about those that were not so good, so you can avoid the bad lenders and choose the ones that really care about the people borrowing money.
The person borrowing the money also has to follow the law.
Sometimes referred to as a payday advance, cash advance loan, or a salary loan, a payday loan is a short - term, small amount loan that a person borrowing money would be required to... Continue reading The Difference between a Payday Loan and an Installment Loan
Sometimes referred to as a payday advance, cash advance loan, or a salary loan, a payday loan is a short - term, small amount loan that a person borrowing money would be required to pay back at his or her next payday.
All the bankruptcy laws, though, work to preserve your rights and the rights of your creditors, or the people you borrowed money from.
If the person you borrow the money with is unable to pay their share of the loan, you will be responsible for repaying the full amount outstanding.

Not exact matches

Bitcoin is in the «mania» phase, with some people even borrowing money to get in on the action, securities regulator Joseph Borg told CNBC on Monday.
On top of that, cheap credit helps people to buy a property because borrowing money is cheaper.
It's not the first time banks have loaned too much money to people who could ill afford to borrow it, and ultimately it will be the tax payers who pick up the tab.
Banks would have to pay the central bank to hold their money overnight, but people might borrow more, which would be a positive.
«We expect to be cutting a lot out of Dodd - Frank because, frankly, I have so many people, friends of mine, who have nice businesses who can't borrow money,» Trump said at a meeting with CEOs.
In a 2010 letter to Berkshire Hathaway shareholders, Buffett acknowledged some people had become «very rich through the use of borrowed money,» while others had also become very poor.
Borrow from strangers online Many person - to - person loan websites now allow borrowers to get money from strangers online.
Entrepreneurs are among the most likely people to need to borrow money.
«When people get comfortable and complacent with the cost of borrowing money they overspend,» she said.
Lower interest rates might have provided a bit more support, but would have done so partly by encouraging people to borrow yet more money, thus adding to the risks.
Puerto Rico's power authority, which supplies electricity to the island's 3.6 million people, made a $ 415 million debt payment that was due Wednesday after reaching a deal with its bond insurers to borrow more money.
Leverage is the amount of money that a person is allowed to borrow based on how much they have deposited into their account.
If you spend your tax cut you are in fact spending borrowed money, lent to you by the people who bought the bonds.
When money is cheap, people tend to borrow, invest, and spend more.
Lending Club had a very simple idea: using the internet to match people looking to borrow money with people looking to invest.
For one, when rates are low, people are more willing to borrow money, which they use to buy products and services.
Interest rates can affect stocks because when rates are low, people are more willing to borrow money that they may use to buy products and services, which can help buoy company earnings and stock prices.
Those are all good things, but the side effect of low interest rates is you're causing people to borrow more money and spend it.
FRM's are the most common type of mortgages issued by lending institutions and are what most people commonly associate with when they think about borrowing money to buy a new home.
If a person wants to borrow money to buy a car, Company X gives that person the cash, and the person is obligated to repay the loan with a certain amount of interest.
Let's just pause for a moment and imagine people learning to delay gratification, save money, and purchase everything without borrowing.
Credit reports and scores show how a person has borrowed and repaid money in the past.
It allowed people to borrow money from their broker to buy stocks.
«One real surprise,» Danese jokes, «is that people don't like to borrow money if they don't trust you.»
Banks and lenders use these three - digit numbers to get a feel for how a person has borrowed and repaid money in the past.
Because expanding currency supplies drive up prices and create credit, so people keep borrowing more money to buy things.
That way, people can borrow money at a lower cost during times of economic slowdown — and consumers can get out of debt and start participating in the economy sooner.
A certain amount of inflation is beneficial for people who borrow money today or in the near future, Fratantoni says.
Of course, people can borrow money to top up a reserve account, pay their bills by borrowing more, and have perfect credit without the means to buy an expensive house.
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