Sentences with phrase «servicing interest on their debt»

Not exact matches

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

And, debt service will require cash profitability to pay the interest expense on that debt.

The Bank of Canada, for one, has carefully assessed the economic risks of consumer debt in order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.

Your debt - service coverage ratio, also known as the debt coverage ratio, is the ratio of cash a business has available for servicing its debt, which includes making payments on principal, interest and leases.

As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»

Prepa said on Wednesday that it was financing its principal and interest payment with $ 153 million in cash and the rest from its debt - service reserve accounts.

Taxpayers who do not own their home have no comparable ability to deduct interest paid on debt incurred to purchase goods and services.

As debts grow, more income must be paid out as interest and amortization rather than being available for spending on goods and services.

Homeowners and consumers, real estate investors and corporations have pledged so much of their income to pay debt service that there is not much left to pay interest on yet more debt.

A dynamic is put in place in which debt keeps labor down — not only by eating up its wages in debt service, but in making workers suffer sharp increases in the interest rates they have to pay or even risk losing their homes if they miss a payment by going on strike or being fired.

The ruble's exchange rate has fallen as more rubles are thrown onto currency markets to obtain the dollars needed to pay interest and debt service on foreign loans (and to sustain capital flight in the absence of controls).

They are to pay for their rising debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE) sectors — the very sectors which are receiving the growing interest payments on the national debts resulting from lowering taxes on wealth.

For example, people with lower incomes are likely to be sensitive to interest rate changes because of the potential effects on their employment income and their debt - service costs.

Erskine Bowles, co-chair of the Simpson - Bowles Deficit Reduction Commission has calculated that service on the interest for that debt alone, if rates stay near record lows, will be $ 1 trillion by 2020!

For the federal government, debt service is the interest paid on the national debt.

Debt service: The amount needed to repay interest and principal on a debt over a period of tDebt service: The amount needed to repay interest and principal on a debt over a period of tdebt over a period of time.

While falling world interest rates have reduced the servicing cost of foreign debt over the past two years, this has been offset by rising dividend payments on foreign holdings of Australian equity, reflecting the strong profit growth of Australian companies throughout this period.

The expected new loan facility is to provide for 18 - months of interest - only payments (no amortization), which is designed to reduce the initial debt service burden on the Sponsor so that it has sufficient time needed to stabilize the Property.

It would mean Greece following through on its market reforms and privatizations + Greece reforming and downsizing its civil service + Greece maintaining a stable government despite public outcry + Greece fixing its tax collection system + the troika being willing to put off some Greece interest payments and then writing off some significant portion of Greece's debt when Greece's government finally consistently reaches a primary surplus.

a) the value of any goods or services exported out of Zambia; b) profits or dividends received in respect of investments abroad; c) borrowings from non-residents; d) trade credits to non-residents; e) investments in the form of equity from abroad; f) investments in the form of debt securities from abroad; and g) receipts of both principal and interest on loans to non-residents.

the Treasury was unable to move enough precious metal to service its debt, and missed interest payments on bonds.

Finally the impact of the new net spending, fresh overheads, administrative overreach, additional costs of controls, leakages, and the second - order effects of these parameters was assessed on key macroeconomic variables such as inflation, GDP - per - capita growth, debt service - to - revenue ratio, exchange rate, import cover, interest rates and credit dynamics.

Once we factor in spending on the likes of debt interest and benefits, the government's figures show spending on public services will have to be cut between 2011 and 2014.

Once the likely costs of benefit payments and increased debt interest were taken off the spending total, the amount left to spend on public services faced an inevitable squeeze.

(Borrowers must satisfy the debt service ratios with the interest rate on a three - year fixed even if they opt for a variable - rate mortgage).

While you may miss out on in - person customer service, any debt you carry will come with significantly lower interest charges.

On the positive side for credit markets, there is a healthy economic backdrop, ample interest coverage for debt service, and strong demand.

A lender is likely to calculate your company's debt service coverage ratio, which is defined as your annual net operating income (NOI) divided by your annual total debt service — the amount you'll have to spend paying back principal and interest on your debt.

Ideally, your monthly debt servicing payments (minus tax saving on interest) should approximate the rent on the house.

Saving is not just about earning a return on your investment, but also about minimizing the amount you spend on interest servicing your debt.

We covered some ground on them in our Credit Sesame review, and what I like about this service is that it won't cost you a thing to try them out, and more importantly, they give you a chance to drill down on your debt via some interesting features and tools.

Deployment — Deployed members of the military are protected from a pileup of interest and fees on existing debts through the Soldiers» and Sailors» Civil Relief Act (SSCRA, also known as the Service - Members» Civil Relief Act or SCRA).

The ratio of those who only service only the interest on their debt fell to a record low of 6.1 %, and the household debt service ratio, a measure of obligated payment as a percentage of disposable income, fell to 14 % from 14.1 %

Debt Service: Debt service simply refers to the total principal and interest payments required on a loan over a specific period oService: Debt service simply refers to the total principal and interest payments required on a loan over a specific period oservice simply refers to the total principal and interest payments required on a loan over a specific period of time.

the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education

Companies will find it harder to service their debt in a few years time when the interest rates on their loans increase.

Meanwhile, the debt service ratio — the amount of interest paid on mortgage and non-mortgage debt as a proportion of disposable income — declined to 6.8 per cent, an «all - time low,» according to Statistics Canada.

On the other hand, a borrower who pays a fixed - rate mortgage of 5 percent would benefit from 5 percent inflation, because the real interest rate (the nominal rate minus the inflation rate) would be zero; servicing this debt would be even easier if inflation were higher, as long as the borrower's income keeps up with inflation.

The «Highest Interest First» method fails to consider 1) that you may have a high interest rate on a low balance and are not losing that much money on that debt each month; 2) that you may have a low interest rate on a high balance and are losing a lot of money servicing that debt each month; 3) that your monthly payment amount on any one debt is taking that money away from paying down some othInterest First» method fails to consider 1) that you may have a high interest rate on a low balance and are not losing that much money on that debt each month; 2) that you may have a low interest rate on a high balance and are losing a lot of money servicing that debt each month; 3) that your monthly payment amount on any one debt is taking that money away from paying down some othinterest rate on a low balance and are not losing that much money on that debt each month; 2) that you may have a low interest rate on a high balance and are losing a lot of money servicing that debt each month; 3) that your monthly payment amount on any one debt is taking that money away from paying down some othinterest rate on a high balance and are losing a lot of money servicing that debt each month; 3) that your monthly payment amount on any one debt is taking that money away from paying down some other debt.

With interest rates on the rise, Moody's notes that mortgage - servicing costs are likely to climb because nearly half of outstanding mortgages are due for interest rate renewals within a year, adding further strain on households» debt - servicing capacity.

When you hire the services of a credit counselor or a debt management company, they negotiate with creditors and reduce the interest rate on each account.

While you may be able to get a lower interest rate through a debt consolidation service than you're currently paying on your credit cards or other bills, the main way they reduce your monthly payments is by stretching out your term, the time it takes to pay the loan off.

I've got a guest post for you today, a thought - provoking piece by Joseph Hogue, CFA, on using a peer - to - peer lending service to borrow money you then use to pay off high (er)- interest debt.

By John Ulzheimer Ok, I get it... the world of financial services can be complicated and confusing. It's hard to calculate APRs, and it's hard to forecast interest paid on long term credit card debt.

Each year, thousands of American consumers aiming to get out of debt or interested in improving their credit rating or keeping tabs on their credit report seek the financial peace of mind offered by credit monitoring services.

Debt Service Coverage Ratio = (PBT + Depreciation + Other non-cash charges + Interest on term loan + Lease Rental) / (Interest on Term loan + Lease Rental + Repayment of Term Loan)

For instance, the debt service ratio attempts to create one convenient formula that a bank uses to set the interest rate it will charge for a loan, or that it is able to pay on a deposit.

The good news is that debt settlement services and debt relief programs may reduce a person's unsecured debt balances by more than 40 % or reduce their interest rates, depending on their needs and what program they are eligible for.

Recently, the Ontario Ministry of Government and Consumer Services (Ministry) asked interested parties to submit their recommendations on potential ways to strengthen consumer protection for those individuals who may use alternative financial services (AFS) such as payday loans and quick cash installment loans, as well as those who may find themselves facing debt colServices (Ministry) asked interested parties to submit their recommendations on potential ways to strengthen consumer protection for those individuals who may use alternative financial services (AFS) such as payday loans and quick cash installment loans, as well as those who may find themselves facing debt colservices (AFS) such as payday loans and quick cash installment loans, as well as those who may find themselves facing debt collectors.

This is calculated by dividing the Net Operating Income (all rental income minus all reasonable operating expenses) by the Debt Service (cash required during a specified time period to cover the payment of interest and principal on a deDebt Service (cash required during a specified time period to cover the payment of interest and principal on a debtdebt).