Sentences with phrase «total debt you are carrying»

These include whether or not you pay your bills on time, how much total debt you are carrying, what type of debt you have, the length of your credit history, and how much in new credit you have recently applied for.

Not exact matches

It's also important to note that this total includes the balances of cardholders who pay off their cards in full every month, as well as those who carry debt from one month to the next.

So if a person had $ 50,000 in various credit card debts and tax arrears, and another $ 50,000 in a shortfall on a mortgage, the total unsecured debt is $ 100,000, for which creditor votes totalling $ 51,000 would carry the proposal.

That means the amount of debt you're carrying versus how much your total credit limit is.

This refers to the total amount of student loan debt you carry, including federal loans that are not part of your graduated payment plan and any private student loans.

While it's never a good idea to pay interest on debt just to get a tax benefit — since you can never receive a discount that will match the total cost of holding the debt itself — the truth is many small businesses need to carry over balances on their credit cards to keep running and, ideally, to grow.

The differences between genders are generally in - line with some past findings which showed that single women are more inclined to carry more debt, as a percentage of their total income.

Per capita credit card debt among those who carry a balance is up by roughly 9 % since 2013 and total outstanding revolving debt, which mostly comprises credit card debt, is up by about 20 % over that same time, according to the latest data released by the Federal Reserve.

In the era prior to the CARD Act many issuers applied payments made by cardholders to finance charges and balances with lower interest rates which cause higher interest accrual on the accounts and made it more difficult to pay down the total balances on their credit card accounts faster as the portions of their debt with higher interest rates were carried forward from month to month.

The situation is not one that is humbling as about one in every eight Canadian families carry some type of student loan debt with an average total of about $ 10,000.

«The total number of customers is relatively low, but the balances that these customers carry amount to billions of unsecured debt,» she says.

In fact, if you look at the way the debts have broken down, the total amount of debt that they're carrying and the most expensive types of credit — and here's where you're going to get me going on payday loans is higher, and it increases every year.

I'm currently carrying more debt than I normally would because of some expensive and needed renovations to my rental property, But I generally prefer to stay under 50 %, even 30 % of my total credit card limit.

If you are carrying unsecured debt totaling more than half of your annual salary, you're in pretty big trouble.

According to The Institute for College Access and Success, over 70 % of graduating students are carrying student loan debt — an average of $ 37,000 and a total of over $ 1.3 trillion!

The Bonds are carrying a sizeable debt load from their mortgage, a vehicle loan, a student loan and credit card debt, with minimum payments totalling about $ 37,000 a year.

On average, seniors carry a total unsecured debt load of $ 64,379, which is 22 % more than the average Joe Debtor.

It is estimated that more than two - thirds of individuals are carrying crushing amounts of debt and the total debt of consumers across the nation has reached record levels over the last decade.

In 2016, the average American household carried around $ 16,000 worth of credit card debt and it's estimated that around 38 % of all American households carry some credit card debt so that the total amount of revolving debt in 2016 was around $ 929 billion.