Sentences with phrase «such as a bad debt»

[64] The Independent described the entity sold as the «detoxified arm» of the bank, while saying the taxpayers retained «responsibility for # 20bn of toxic assets such as bad debts and closed mortgages.»

Action of transferring accounts to a category deemed uncollectible, such as a bad debt or loss.

Not exact matches

The New Bank Disaster Olafur Arnarson, Michael Hudson and Gunnar Tomasson * The problem of bank loans gone bad, especially those with government - guarantees such as U.S. student loans and Fannie Mae mortgages, has thrown into question just what should be a «fair value» for these debt obligations.

Financial planner Benjamin S. Offit, partner with Clear Path Advisory in Pikesville, Maryland, said it is ideal for retirees to have all debt paid off by retirement, but especially «bad debt» such as high interest credit cards.

The fear: If the long economic expansion takes a turn for the worse, investors could jettison the debt of more leveraged borrowers such as triple - B issuers.

Not only is there potential for interest rates on these debts to rise, but it's often likely to happen at the worst possible time — such as when the economy is heading into a recession.

We give Israel billions of dollars of aid every year from our hardworking tax - payers» money when nearly 50 million Americans live under poverty in this nation, as well as having lots of problems in this nation, such as bad infrastructure, high unemployment rate, billions of dollars in debt, etc..

And even those who would regard all such concepts as mythical (cosmopolitans or libertarians who do not think that their passport or citizenship involves any social membership) would probably still acknowledge that existing institutions - the British government, the Monarchy, Parliament, Barclays Bank, Everton Football Club, etc - are inheritors not just of their history (good and bad) but indeed of the material consequences of that (eg assets belonging to the state, or the Royal family, or a business; or indeed debts).

And if a company does hire you despite a bad credit rating or a heavy debt load, you may not be able to take full advantage of some of the job's financial perks, such as a 401K retirement plan.

Tay said future studies will need to look at other sources of debt as well as the role of «good» debt vs. «bad» debt, among the various kinds of debt, such as a mortgage, student loans or credit cards.

Implication # 3: New repayment options such as the Revised Pay - As - You - Earn (REPAYE) plan may alleviate the worst consequences of racial debt disparities, while failing to address underlying causeas the Revised Pay - As - You - Earn (REPAYE) plan may alleviate the worst consequences of racial debt disparities, while failing to address underlying causeAs - You - Earn (REPAYE) plan may alleviate the worst consequences of racial debt disparities, while failing to address underlying causes.

It also has a lot of short and informative articles you could assign as at home reading with classroom discussion such as: The 10 Worst Credit Card Mistakes You Should Never Make, How to Use the Grace Period to Avoid Paying Interest, and 8 Key Things to Know about Credit Card Debt.

However, the application itself is turned down for other reasons, such as a low monthly income and bad debt - to - income ratio.

Bad debt is debt that makes you poorer, such as credit card debt, car loans, etc..

That means, people whose bad credit is a result of catastrophic events related to unforeseen circumstances such as a job layoff or the housing bubble bust are looked at far more favorably than those whose bad credit is a result of irresponsible spending over a long term and too much current debt.

It has articles that teach you the basics of personal finance and how to be smart with your money, such as getting out of student loan debt, buying a home and saving for retirement (check out Stacy Rapacon's take on the «10 Worst States for Retirement»).

Credit card debt is particularly expensive — and what makes it even worse is that it's typically used to buy depreciating assets, such as clothes or restaurant meals.

Finally the book fails to develop the details of China's economic / financial system, and as such, falls into the hole that China bulls often do, neglecting the huge buildup of bad debt inside the major Chinese banks.

Lenders online can provide loans such as, home equity lines of credit, second mortgages, third mortgages, refinance loans, first time home buyer loans, sub prime loans for people with less than perfect credit or bad credit, debt consolidation loans, no money down home financing and more.

Debt, for instance, if used wisely can be a useful financial tool at times and should be differentiated from bad debt, such as high interest credit caDebt, for instance, if used wisely can be a useful financial tool at times and should be differentiated from bad debt, such as high interest credit cadebt, such as high interest credit cards.

These files contain information such as the account number, the outstanding balance, and a nine - point rating scale, for example: R1 indicating that payment was made on time; R2 that payment was made 30 days late, but not more than 60 days; and R9 indicating a bad debt or one that has been placed for collection and it < a href =» / personal - bankruptcy / bankruptcy - and - credit - rating /» > also applies to bankruptcy .

However, unlike an account with a mild delinquency, such as a single missed or late payment, an account that has been charged off is considered to be bad debt.

In fact, there's good debt and bad debt — the former usually involves going into debt to buy an asset that will eventually grow in value, such as a house.

While some instances debt is required, such as for the purchase of a new home, in most cases, debt is a bad thing.

Borrowed money spent toward depreciating assets and things that do not provide income or an increase in value, such as cars, clothes and living expenses, is considered «bad debt.»

It might not look too bad from where you're sitting now, but the cost of debt adds up quickly and can cause you to lose financial momentum toward other goals, such as investing for retirement or saving for your children's college funds.

Without adequate savings to deal with such emergencies, many people are forced to rack up credit card debt — or even worse, turn to high cost lenders such as payday loan companies.

Reduce or eliminate bad debt such as high interest credit card debt, and establish an emergency fund as a safety net.

Bad credit debt consolidation loans are usually offered by third - party loan companies that are outside of the bank — including PayPal loans, Discover loans, and finance company loans such as Lending Club.

By skipping such ineffective, expensive and ethically challenged credit repair methods, your credit score will begin to forgive you as soon as the bad debt is resolved and all other accounts are being paid as agreed.

It also states «life events such as divorce or serious medical conditions that resulted in the accumulation of bad debt can be mitigated.

The status quo is burdensome for the increasing number of subprime borrowers with bad credit whose position in the present real estate market is not an enviable one: Due to a convergence of factors such as plummeting property values, zero down payments, and significant payment increases that they can not satisfy, homeowners find themselves with a mortgage debt exceeding the value of their home.

Yes, I am saying that there is such a thing as bad good debt and good bad debt.

Adjustments are items such as deductible contributions to a traditional IRA, bad debts, and student loan interest (up to $ 2,500).

There are a number of additional rules, such as restricting claims of losses due to Bad Debt.

Commenters suggested that calculation of access costs involve factors such as labor costs for verification of requests, labor and software costs for logging of requests, labor costs for retrieval, labor costs for copying, expense costs for copying, capital cost for copying, expense costs for mailing, postal costs for mailing, billing and bad - debt expenses, and labor costs for refiling.

There's no such thing as good debt (or bad, for that matter).

Successfully oversaw the recoveries of bad debt portfolios for several major Healthcare providers in Colorado, such as Exempla Healthcare, Centura Health, and Boulder Community Hospital.

As the movie delves into the high stakes gambles investors were making on high - risk and generally opaque financial structures such as RMBS and collateralized debt obligations (CDOs) it is fitting that the story line takes a bit of a side trip from Wall Street to Las Vegas, which ended up as one of the markets worst hit by the resulting crasAs the movie delves into the high stakes gambles investors were making on high - risk and generally opaque financial structures such as RMBS and collateralized debt obligations (CDOs) it is fitting that the story line takes a bit of a side trip from Wall Street to Las Vegas, which ended up as one of the markets worst hit by the resulting crasas RMBS and collateralized debt obligations (CDOs) it is fitting that the story line takes a bit of a side trip from Wall Street to Las Vegas, which ended up as one of the markets worst hit by the resulting crasas one of the markets worst hit by the resulting crash.

Neither is necessarily right or wrong, you have to do what's right for you, but i have to say I believe there are 2 different kinds of debt - consumption debt which is bad (e.g. student loans and credit cards), which Kiyosaki calls «doo dads» and what I consider «good debt», by using other peoples money (such as a bank) to purchase INCOME PRODUCING ASSETS (NOT speculative ones).

The average deal size has increased by 28 %, primarily because we help these organizations serve hard - to - fit borrowers such as those with bad credit, low FICA scores or a large amount of debt.

I just wanted to see if having such large debt would be viewed as a bad thing.

They learned terms such as «return on investment» and saw how impulse spending results in bad debt.

Ask them if they allow borrowers to use their contribution for paying off such things as bad debt or to settle judgments against the borrower.