Sentences with phrase «second highest debt»

Student debt is the second highest debt in the country.

Canada, with second highest debt - to - GDP ratio among the G - 7 and facing a potential separation, was close to hitting the debt wall.

Not exact matches

That correlates with an increase in student - loan debt, which has become the second - highest consumer debt in the country (behind mortgage debt, currently at $ 13.8 trillion).

The bank offered a loan at a low rate to pay off her high - interest credit card debt, and she ended up taking out a second mortgage for $ 80,000.

Seven years on, their collective real debt is the highest recorded since the 1830s — even higher than the peaks reached to finance the first and second World Wars.

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

According to the Organization for Economic Co-operation and Development, the combined government debt held by the world's advanced economies is at its highest point since the Second World War.

The second case is of course «unhealthy», especially if relative debt is already high.

Currently at record high levels, BCHP funding will increase debt for many home buyers who take advantage of this program, as it will serve as a second mortgage owed to the British Columbia Housing Management Corporation.

In 1994, among the G - 7 countries, total general government debt in Canada (including federal, provincial - territorial and municipal governments and the activities of the Canada and Quebec Pension Plans) was the second highest (Table 2).

We invest in countries around the world at all levels of the capital structure — from debt (first lien bank debt, second lien loans and high yield bonds) to undervalued equity.

Canada's debt - to - GDP ratio was approaching 70 %, the second highest among the G - 7 countries.

The $ 1.2 trillion high - yield debt market could face a double whammy as spreads tighten and investors use the corporate earnings season starting in the second week of October as an excuse to take even more profits.

In the second quarter, funding costs will be higher related to long - term debt and capital instruments, while the bank also cautioned that market volatility remains muted.

The issue was the second largest offering of high - yield debt this year after Stamford, Connecticut — based Frontier Communications» $ 3.2 billion note sale in March.

For the second month consecutively in April of 2015, the margins debt of the NYSE, nominally, reached new all - time highs increasing by $ 30.772 billion to $ 507.153 billion, an increase of 6.46 %!

The second assumption is that increasing debt will only leave future generations with higher debt burdens without greater productive capital to pay for it.

«The second downside risk, global debt is at all time high.

During August and into September, data from the eurozone remained upbeat, with an already solid second - quarter performance revised even higher, pushing year - on - year growth to 2.3 %, the quickest pace since the region's debt crisis of 2011 — 2012.

Euro - denominated international corporate debt increased by nearly 70 % last year to the second - highest level on record.

Comptroller Tom DiNapoli is urging the state to change its borrowing practices after finding its debt load is the second highest among states in the country.

The New York's total debt is the second - highest in the U.S. behind California, which has $ 87 billion in debt.

The state's debt is expected to hit nearly $ 64 billion at the end of March and soar to $ 71.8 billion in the next four years — making it the second - highest debt load among the states in the country, Comptroller Tom DiNapoli on Thursday warned in a report.

Second, the applicant must obtain two investment - grade ratings (Baa3 / BBB - or higher) on the senior debt obligations and two ratings on the TIFIA credit instrument, both from a Credit Rating Agency, in order to execute a TIFIA credit agreement.

If you have another type of debt or loan that is charging much higher interest rates than a second mortgage would, getting a second mortgage might help you save money in the short term.

The second strategy for getting a car loan with a high debt to income ratio involves truthfully increasing the earnings you report on the application.

Because adding debt against the value of your house increases your risk of default, lenders charge higher interest rates for second mortgages.

For example, if you're paying high rates on unsecured personal loans, you might choose to consolidate that debt at a lower rate with a second mortgage.

The second reason that I think student loan debt is at an all - time high is because some people take too much loan money out.

If you have very high - interest debts, you will save money by refinancing these debts into a lower rate second mortgage.

Average credit card debt is the second - highest in the U.S.

«Once the first debt has been paid off, the funds that were being applied to that debt now go to the debt with the second highest interest rate, and so on.»

Second mortgages come at high - interest rates than the first loan but this is still lower than other types of debt.

Second mortgages come with higher interest rates than the first but still, they are cheaper than other forms of debts.

When my firm, Hoyes, Michalos & Associates, did a study of people who filed a bankruptcy or consumer proposal with us, we found that the average senior debtor owed almost $ 70,000 in unsecured debt, which was the second highest among all age groups.

The second step in consolidating your debt is to make a list of your credit cards with the credit card with the highest interest rate being first and the credit card with the lowest interest rate being last.

Student loan debt is now the second highest ranked consumer loan debt, next to mortgages, according to the New York Federal Reserve, with the amount of outstanding student loan debt exceeding $ 1 trillion in March of 2012.

Many people choose to get a second mortgage in order to pay off their credit cards and other high interest debts.

Most home buyers who buy a vacation home will have to pay a second mortgage and meet higher credit standards since they are more likely to take on larger amounts of debt.

A second mortgage can replace high - interest credit card debt with a lower interest second mortgage.

The second strategy for gaining an approval for an unsecured personal loan when you have a high debt to income ratio is to change denominator and / or numerator in the fraction.

And McKinsey Global Institute found that the Canadian household debt - to - income ratio was the world's second highest, next to Greece, between 2007 and mid-2014.

Just barely lower than Alaska's credit card debt, New Jersey has the second - highest average credit card debt in the nation, which is the leading cause for the Garden State's position on the worst - states - for - saving list.

The primary reason why most homeowners consider paying off credit card debt by consolidating all of their outstanding credit debt into a second mortgage is because the interest rates on their existing credit card are simply too high.

New Jerseyans had an average credit card debt of $ 3,690 per capita in 2011, the second highest in the country after Arkansas.

Ideally, the second reason, which is to pay off debt with higher interest charges and fees, is the best reason for getting a pay - day loan.

By combining all the high interest debt into one low interest second mortgage the interest rate can be cut in half.

Given these figures, it is no surprise that the amount of student loan debt in the United States today is considered to be the second highest level of consumer debt behind only mortgages — and most of the student loan debt is held by the Federal government.

Hawaii, which has the second - highest average mortgage debt per person, has the highest median home value of $ 525,400.

Until a few years ago, homeowners were able to run up credit card debt and then take out a second mortgage to consolidate the credit cards and high interest loans into a reduced payment fixed interest loan that even offered tax deductibility.