Be sure to keep this commitment and avoid increasing the term of the loan, because this attracts additional penalties
thereby increasing your debt burden.
The remaining $ 25 shortfall will be added to your debt —
thereby increasing the debt portion of your total debt service ratio.
Not exact matches
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate
debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans,
thereby inflating the Company's revenues and active borrower numbers and
increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
This practice does not have any impact on total
debt service costs, but
increases spending in the year the prepayment is made and reduces it in the subsequent year,
thereby causing the growth rate from year to year to appear lower.
Thus, drop in revenue in 2016 adversely affected government revenue and
increased the requirement for borrowing and
debt servicing
thereby impacting the funds available for capital expenditure.
By making almost $ 150 billion in cuts to grant aid, student loans and work study, the budget would
increase the
debt of millions of students and make it harder for many to repay —
thereby further reducing college access and upward mobility for college graduates, particularly those who come from less affluent families.
Unpaid interest on loans is added to the loan principal,
thereby increasing the total
debt on the policy.
Earlier that same week, one of Centro's creditors claimed it had defaulted on $ 450 million of private paper placements in the U.S.,
thereby increasing its outstanding
debt.
During the fourth quarter of 2012, household balance sheets improved with
increases in home values and reductions in mortgage
debt,
thereby boosting household net worth.
During the first quarter of 2013, household balance sheets improved with
increases in home values and reductions in mortgage
debt,
thereby boosting household net worth.
These new lending practices
increased the number of people who could afford a down payment on a house and monthly
debt service payments on a mortgage,
thereby also
increasing the size of the market for single - family homes.