I wonder what would happen if the monetary authority committed to inflation targeting and the fiscal authority committed to a fixed
target of debt service (say, 2 % GDP).
Not exact matches
Candace Klein, the CEO
of SoMoLend, a
debt - based funding platform, points out: «We are usually
targeting consumer - facing brick - and - mortar companies — restaurants, retailers, salons, gyms — that already have customers, already have cash flow, and can
service debt.
I
target a minimum
of 1.5 % rents which at the low end keeps
debt servicing right around 33 % where I want it.
Of course
debt growing faster than
debt -
servicing capacity is unsustainable, so we will set as our first financial sector
target the point at which the two grow in line with each other.
«Achieving these lapse — or savings —
targets will be a significant budgetary challenge, especially in light
of the high levels
of fixed costs for FY 2018, such as
debt service payments, pension contributions and other costs.»
The majority
of employers who offered this benefit were in the government and nonprofit sectors, and the programs
targeted high -
debt graduates in «public
service» careers, which typically offer low wages.
Where the FTC missed the
target was when they said the new rules did not apply to secured
debt because they felt «There is no evidence in the record
of deceptive or abusive practices in the promotion
of services for the relief
of non-mortgage secured
debt» but they appear to have missed the recent influx
of auto loan modification companies that are springing up.
A training or qualification provider may only make reference to a learning course / pathway or qualification that has achieved accreditation against the Money Advice
Service Quality Framework only as part
of course / qualification materials
targeted at existing
debt advisers,
debt organisations and other organisations who are licensed to provide
debt advice e.g. a housing association or local government department.
The under writer will want to make sure that the Coverage Ratio
of the NOI divided by the
Debt Service achieves a
target ratio, often 120 %.