Sentences with phrase «prevent defaulting on your debt»

Learning how to manage your loans and prevent defaulting on your debt is essential for your financial security.

Not exact matches

The idea of debt amnesties was to prevent debt from tearing society apart — to prevent the kind of crisis that the United States has been in since 2008, when President Obama didn't cancel the junk - bond debts, or the debts that tore the Greek economy apart — when the IMF and Europe imposed them on Greece instead of letting it default on debts owed to French and German bondholders.

The US and other governments demonstrated their commitment to prevent the collapse of those «too big to fail» and with that government backstop, coupled with a global equities rally, it's become more evident that the underlying holdings are that much less likely to default on their debt obligations.

The plans are designed to prevent borrowers like Tibak from defaulting on their loans, a problem faced by about 20 % of people repaying college debt.

The Greek parliament has voted narrowly in favour of a package of austerity measures aimed at preventing the nation from defaulting on its debts.

Factors that can prevent someone from meeting the traditional criteria could be a high debt - to - income ratio, low reserves at settlement, as well as past credit woes — bankruptcies, defaults, foreclosures, or chronic late payments on debt obligations.