Not exact matches
The New York Times
on June 28
quoted Puerto Rico Governor Alejandro Garcia Padilla as saying that the U.S. territory can not pay its roughly $ 72 billion
of debts and that creditors will probably have to make significant concessions.
We've
quoted previously from Artemis» October report, «Volatility and the Alchemy
of Risk» (WILTW October 26, 2017): «A dangerous feedback loop now exists between ultra-low interest rates,
debt expansion, asset volatility, and financial engineering that allocates risk based
on that volatility.»
While this
quote does not provide direct guidance
on the subject
of debt forgiveness, it does speak to an important point about the terms that many lenders impose upon borrowers.
He goes
on to
quote the extensive Pell Grant funding that is available to college prospects, but then he moves
on to the issue
of student loan
debt.
An interesting article out
of illinois, Our Opinion: Put curbs
on debt settlement companies, contains a very interesting
quote from the Attorney General
of Illinois, Lisa Madigan.
HOW TO PROTECT YOURSELF: — Make sure that in the
quote the
debt relief company gives you that it takes into account the accrual
of fees and interest over time, and isn't just based
on your balances as
of today.
Since more attention is being brought to the national student loan issue (an example would be the commonly
quoted debt statistics), more attention is trickling down onto individual companies and entities that have their hands
on part
of the industry.
Forms
on this website are for information requests only, mainly for
debt relief
quotes, they are never an application or pre-qualification for services, all calculations
of debt savings are estimates.
We've
quoted previously from Artemis» October report, «Volatility and the Alchemy
of Risk» (WILTW October 26, 2017): «A dangerous feedback loop now exists between ultra-low interest rates,
debt expansion, asset volatility, and financial engineering that allocates risk based
on that volatility.»
There are lenders who may
quote high - interest rates
on loans and cause borrowers to end up in a cycle
of bad
debt.
Maybe you could also shed some light
on this
quote by Colm O'Shea «A lot
of people say there is apparently no inflationary threat from the growing U.S.
debt because bond yields are low».
In part 2
of the «Wisdom
of Seth Klarman» article from Distressed
Debt Investing, which I posted
on October 9, 2009, there is a great
quote about what can go wrong with your investments.
If you've defaulted
on credit cards or incurred substantial
debt, you will face higher Mansfield insurance
quotes on top
of your other financial troubles.
Ryan discusses the death
of Osama Bin Laden; Ryan reviews the economic news
of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a
quote and being locked in to an interest rate; Ryan advises the importance
of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact
of higher oil prices
on the rest
of the economy; Louis also remarks
on Bernanke's view
of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony
of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the
debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices
of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because
of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.