Sentences with phrase «to pay back the debt»

Focus on paying back your debts in full and in a timely fashion whenever they are due.
If you can't pay back the debt in its entirety, you might be able to negotiate your debt by paying back a smaller amount in exchange for the creditor forgiving what remains.
The issuers don't know yet if you are capable of paying back debt on time.
In certain cases, regular debt holdings may be converted to preferred stock as equity contributions when a company seeks relief from its obligations of paying back debt principals at the upcoming due dates.
You need to know your plan of attack to pay back your debt as fast as possible.
If you're constantly paying back your debt with interest, you can't start building something in a positive way.
Generally, there are three different types of debt consolidation you may use to help pay back your debts.
A shorter loan term also means you'll pay back your debt faster.
A cosigner is normally responsible for paying back a debt just as if he or she had received the money.
Though it can at times be stressful, there are certain things you can do to give yourself the best chance at paying back your debt.
You can now focus on paying back your debt according to the terms of your proposal.
The agreement is between you and all of your unsecured creditors and allows you to pay back your debts over an extended period of time at an amount per week you can afford.
This could be a cheap option to get cash, but if you don't pay back your debt when it is due, you'll face penalties.
Higher scores represent a greater likelihood that you'll pay back your debts so you are viewed as being a lower credit risk to lenders.
For companies, a weaker currency makes paying back debt more expensive.
If you're currently making payments in an effort to pay back debt incurred while attending college, you're not alone.
Under this scenario, you'd probably have an easier time using your extra money to pay back your debts because your wage increase probably improves your buying power.
Even if you fall into this camp, it is important to understand that there is nothing that prevents you from voluntarily paying back the debt after filing for bankruptcy.
If you begin using your card more and more, and have been good about paying back your debt, the limit will likely increase.
But many millennials struggle to manage the burden of paying back their debt while actively participating in the economy.
Without a doubt, seeking financial counseling prevents accepting higher interest rates, but the manner of how people pay back their debt is even more important.
When dealing with debt collectors and creditors, there are a few ways you can get a little peace and still pay back your debt.
If your income is higher, you must demonstrate that your disposable income is insufficient to pay back your debts under a Chapter 13 filing.
Just be careful to make sure you can afford to pay back debt before you open a new account.
For some people, even paying back the debt interest - free is just too hard and bankruptcy may be a better option.
No matter what, you'll have to pay back your debt which has significantly increased since your first late payment.
Credit Score Also referred to as a credit rating, a credit score is a measure of the likelihood of a borrower paying back a debt according to the agreement.
Credit scores are assigned based on how an individual pays back their debts relative to everyone else with a credit history.
Your Chapter 7 bankruptcy, in which you don't pay back the debts included, comes off your credit report 10 years from the date you filed.
You should always pay back your debts as quickly as possible to avoid unpleasant consequences.
With refinancing, lenders are looking for a steady cash flow — that assures them that you have the ability to pay back your debt consistently and they will reward that with lower rates.
A borrower who pays back debt is making an investment that pays off in the future, by reducing her future interest obligations.
In debt relief, also known as debt settlement, the consumer pays back a debt in multiple payments that is significantly less than the owed amount.
Then, they contact their creditors to negotiate paying back their debts in a couple payments that are lower than the total amount they owe.
Much like paying back debt, saving too aggressively can lead to burnout.
On average, it takes five years to pay back a debt consolidation loan, can you go another five years of paying minimum payments?
Typically, you'd need proof of income and payment history to release a cosigner, in order to show the lender that you can sufficiently pay back the debt on your own.
As one of these companies states, it is not debt negotiation, as you are not actually paying back the debts.
The real question is: How much longer will people accept the promise to pay back debt with more debt?
I would like to teach one more year, and I would love having help paying back this debt!
Plus, you can pay back the debt over a long time period, perhaps ten or 15 years.
In order to pay back debt faster, you need to follow our two favorite methods to paying off debt.
If this is done, then you'll be able to pay back your debts in full.
There's nothing inherently wrong with having no credit, but financial institutions like to see that people to whom they lend money have a record of paying back their debts.
Some people believe that paying back your debts as quickly as possible is important, even if you incur some financial hardship in the short term.
Higher scores represent a greater likelihood that you'll pay back your debts so you are viewed as being a lower credit risk to lenders.
You will still need to pay back the debt after your situation ends.
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