Sentences with phrase «to service the debt»
"To service the debt" means making regular payments, such as monthly or yearly, on money that has been borrowed. It refers to repaying both the principal amount borrowed as well as any interest or fees incurred over time. Full definition
They have many certified counselors and offer many kinds of services a debt consolidation agency has to offer.
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Even a low purchase price won't mean much if you incur negative carry and can not service the debt from sources other than rent.
Keep in mind; our company and it's servicing debt settlement partners have years of experience with negotiating with creditors — established relationships — and leverage.
The report measures credit and housing prices relative to gross domestic product, and the ability to service debt in the event of rising interest rates.
Including your minimum debt repayments, how much per month do you want to spend on servicing your debt?
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If the income for servicing the debt is generated from the purchased property it is not foreign income.
In addition, the company is highly free cash flow positive, and its interest coverage ratio indicates it has no trouble servicing its debt obligations.
If you don't have a job, you simply don't have the money to service your debt obligations even with substantial concessions.
As stated in the capacity section, there is an element around how your business can help service the debt, but that alone doesn't get you a loan.
Contact your bank and stop payments to the agency servicing your debt management program as soon as you become aware the agency has shut down.
Some other countries are much more likely to have trouble servicing their debt as global growth continues to slow.
A homeowner who had difficulty servicing the debt could typically sell the home for a profit and pay off the loan.
It probably won't help if you don't have sufficient income to not only comfortably service the debt, but also to make additional payments to pay down the debt more quickly.
We can also blow ourselves up when the values of such assets goes down and we can no longer service the debt.
Saving is not just about earning a return on your investment, but also about minimizing the amount you spend on interest servicing your debt.
Players experience the familiar tension between servicing debt, spending money and saving for the future.
Thus the borrower does not have to service the debt during the term of the loan.
Investors were likely more comfortable with such leverage when companies could service debt cheaply.
I would add generate extra income, which provides an opportunity for someone to service the debt faster and lessen the negative impact of the applied interest.
But if your debts have reached a level where it has become virtually impossible for you to pay survival expenses and still service your debts, it's time to do something different.
If you can not make your normal living expenses and service your debt so that the principal amount decreases over a five year period, then for all practical purposes, you are bankrupt.
By continuing to struggle he worried that he'd never be able to put any money away and continue servicing his debt.
As inflation rises, so do central bank interest rates, which means that the cost of servicing their debt rises too.
I am afraid to get into a buy and hold then not being able to rent it out and not having the ability to at least service the debt.
I have a 12 unit building currently cash flowing 375 per door per month; but I am not servicing any debt.
Companies will find it harder to service their debt in a few years time when the interest rates on their loans increase.
And the costs of servicing that debt, well it's pretty significant.
The government is responsible for maintaining the road and for servicing the debt.
First, it's not new information that some African governments are unstable, corrupt, and have trouble servicing their debts.
What has happened is that we can no longer service our debt.
Over the last 15 - years, Golden Financial Services debt relief programs have proven to work.
This series will be covered over the course of a few months and can only be found in the Golden Financial Services debt relief blog.
«Most importantly, Nigeria is presently servicing debt with about 25 per cent of its annual budget and what will happen to the economy in 2017, when the country will begin to service the additional debt to be incurred this year is better imagined than experienced.
I am equally concerned with what I recognize as problematic areas with DMP's and those who offer them as they attempt to break into servicing debt settlement plans.
That explains the devaluation of the krona, as the government can only service its debt if it keeps increasing the money supply, resulting in high inflation.
On average, self - employed Greeks spend 82 % of their monthly reported income — ie, the amount they declare to the tax office — on servicing debt payments.
The only thing left to do would be to put the thirteen and fourteen year old kids in the family to work at the local grocery chain to service the debt load associated with this asset.
Measures of financial stability include the ability to sustain current dividend payments from earned net income, adequacy of working capital, ability to service debt from earned cash flows, stability of profit margins, analysis of price behavior, and other factors.
Not only the aforementioned European countries, but many Canadian provinces and US states will not be able to service their debt soon.
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It's time to deploy your capital once you have a 6 months emergency supply of cash on hand, and can save a high enough % of cash after servicing your debts and living expenses.
The second major protective factor is the company's fortress - like balance, specifically one marked by an enormous net cash position (enough to fund the dividend for 18 years), and one of the highest current ratios (short - term assets / short - term liabilities) in the industry, indicating the company has no problems servicing its debt or liabilities.
Higher U.S. interest rates will make servicing debt tougher for developing country governments and businesses, especially those who have borrowed in dollars.