It is cashing out retirement money or borrowing from it to
repay debt carried forward from yesterday.
Not exact matches
Credit card
debt just broke the $ 1 trillion mark, with 157 million Americans currently
carrying balances they need to
repay
In December, PK
repaid $ 55 million in maturing high - yield bonds, which
carried a 7.5 % coupon, leaving the company with a forward
debt maturity schedule that is well - balanced and very manageable with no major maturities until 2021.
The thinking is: convertible notes do a good, entrepreneur - friendly job of deferring the pricing of an equity round - but they also
carry a promise to
repay principal by a deadline; and, as
debt instruments, convertible notes must accrue interest.
Of course, loans that are unsecured
carry with them a greater risk than their secured alternative, but they are generally the only form of financing on offer since, for the borrower, the previous
debt would probably have been
repaid had they anything to use as collateral in the first place.
Carrying too much
debt can impact your ability to
repay your loan after refinancing.
Many lenders will also look more broadly at your ability to
repay the loan, including how much
debt you
carry relative to your income.
These results have important implications for the millions of consumers who
carry balances on multiple revolving
debt accounts — and for the organizations that help them monitor or
repay their
debts.
If you
carry any kind of credit card
debt, make it a priority to
repay it as soon as possible.
If you are
carrying debt you would like to
repay, what is the «opportunity cost» of buying your coffee to go rather than using that same money to pay off your
debt?
Second, loans normally
carry a lower interest rate than credit cards, so the consolidation of your
debt reduces the interest rates you are paying, allowing you to
repay your
debts faster.
They
carry average amounts of credit card
debt and student loan
debt and above - average levels of mortgage
debt, but they have among the highest incomes in the country, enabling them to
repay their
debts without declaring bankruptcy or losing their homes to foreclosure.
For example, if your spouse
carries a lot of credit card
debt and other types of
debt, a greater percentage of his or her income will likely go toward
repaying this
debt.
The transaction is part of a larger fundraising exercise
carried out by Pharming to raise $ 104 million before costs (comprising of straight
debt, convertible bonds and proceeds of rights issue) to, amongst others, acquire all commercialisation rights to its own product RUCONEST ® in North America and to
repay its existing
debt facility.
This position is
repaid after any
debt financing, so it
carries increased risk.
Credit Report — a tool used by the bank or lender to review your credit profile and your ability to
carry and
repay debt.
Most ask for a credit score of 620 + and want proof that borrowers have income enough to
repay the loan and don't
carry excessive
debt.