Sentences with phrase «used by debt»

Fair Debt Collection Practices Act (FDCPA - 1977) protects you against harmful, deceptive practices used by some debt collectors.

The Federal Trade Commission, which handles debt collector harassment complaints, received nearly 68,000 complaints last year about the tactics being used by debt collectors to try and get money from people that don't have it.

Most of these techniques being used by the debt collectors are actually illegal under the Federal Trade Commission's Fair Debt Collection Practices Act.

deceptive forms [top] An illegal tactic used by some debt collectors to recover payment.

This information is used by your Debt management program specialist to create a budget, help find needed relief benefits from your creditors and arrange for new repayment terms to come current on your debts.

Golden Financial Services shares news from WASHINGTON — The Consumer Financial Protection Bureau (CFPB) said Tuesday that it has reached two separate settlements with Citigroup Inc. (AKA: Citi) over debt collection practices in its credit - card business, the latest step in the regulator's expanding campaign to rein in tactics used by debt collectors.

That total is used by the debt - to - income ratios.

The net income used by the Debt Service Ratio is your gross income minus these deductions.

You should be aware that in both situations, the Fair Debt Collection Practices Act requires by law that debt collectors must treat you fairly and forbids certain methods from being used by debt collectors.

The biggest issue most debtors think about when accounts are sent to collections is the harassing, aggressive tactics often used by debt agencies who want their money.

Accounting rules were designed to be used by debt investors.

Not exact matches

Barrick plans to eliminate $ 3 billion in debt by the end of the year through asset sales and partnerships, and by using its free cash flow.

A related question I sometimes hear — which bears also on the relationship between monetary and fiscal policy, is this: By buying securities, are you «monetizing the debt» — printing money for the government to use — and will that inevitably lead to higher inflation?

Collector Steven Tananbaum sued in New York state court on Thursday over the non-delivery of three Koons sculptures, claiming a «well - oiled machine» that exploits collectors» desire to own the artists» works by using incoming money to pay debts.

In software, there's a notion of «technical debt» — the debt a company accumulates by using sloppy, get - us - there code in the short term that really should be rewritten at some point.

The Barnett government is hoping to raise $ 3 billion by selling 51 per cent of Western Power to Australian investors, and will also use the privatisation deal to remove about $ 8 billion of debt off the state's books.

For example, using the facts above, the child has credit card debt and is being pursued by a former landlord for back rent.

Stagias at Francis Financial educates his clients about credit both by reviewing their credit reports with them annually and by having an event for their children, aged from 12 to 30, that discusses the proper use of credit cards, good debt versus bad credit, and other topics.

PeerStreet's view is that by performing its own due diligence on borrowers using a software - based underwriting engine, the company can match high - quality debt with a growing crop of yield - hungry investors.

He effectively used the company as his own personal piggybank to pay back his and the MSMB funds» debts, according to the charges brought by the FBI and a separate SEC complaint.

By using other people's money, the franchisor can grow largely unfettered by debBy using other people's money, the franchisor can grow largely unfettered by debby debt.

On the other hand, another survey by Bank of America and Merrill Lynch showed that 65 % of firms polled said they would use the new gains to pay down debt, 46 % would buy back stock, and just 35 % would spend on capital expenditures.

That is, when debt service ratios are calculated using the discounted mortgage rates actually charged by banks (about 125 percentage points below posted rates), the average Canadian homeowner is paying just 25 % or so of income on mortgage payments, far below the 32 % benchmark used for mortgage - insurance qualification.

Net debt is not defined under U.S. GAAP and may not be computed the same as similarly titled measures used by other companies.

Warren Buffett learned that the hard way this summer, when Elliott used its financial might to successfully block Berkshire Hathaway's bid for energy company Oncor, by buying up company debt and pledging to exercise its creditor veto right.

It desperately needs a detox program that includes currency devaluation, an effective (if painful) cure used by many countries addicted to debt financing.

Last year, it raised debt backed by leased phone receivables, and this year has used some of its cellular network equipment to back borrowings.

EBITDA is defined as earnings (net income or loss) before interest expense, net, (gain) loss on early extinguishment of debt, income tax (benefit) expense, and depreciation and amortization and is used by management to measure operating performance of the business.

«By signing this document, customer agrees to accept and understands that text messages may be used when servicing the account, including the collecting of debts.»

An alternative is to pay off high - interest credit card balances using another type of debt consolidation loan or by refinancing your mortgage with a cash - out option.

Financial repression is a term describing measures used by governments to channel funds to themselves as a form of debt reduction.

Debt obligations issued by states, cities, counties, and other public entities that use the loans to fund public projects, such as the construction of schools, hospitals, highways, sewers, and universities

«Floor plan financing interest» is interest paid on debt used to finance the acquisition of motor vehicles held for sale or lease and secured by the inventory so acquired.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

The two announcements also acknowledge that «the function of digital tokens has evolved beyond a virtual currency» and point out use cases, such as representation of ownership or a security interest over a token seller's assets or property, or a debt owed by the seller.

According to several lenders, borrowers may see their FICO score increase by about 20 points three months after consolidating their credit card debt using an installment loan.

When applying for a traditional mortgage loan, lenders usually prefer for your debt - to - income ratio (the money you use to pay off debts each month divided by your monthly income) to be below about 36 %.

While other get - out - of - debt strategies can be cheaper — you'd likely pay less in interest charges, for instance, by using the debt avalanche method — the debt snowball method feels better to some people.

According to the Wall Street Journal, the Securities and Exchange Commission is investigating this new kind of investment vehicle that mirrors strategies used by hedge funds: investing in private debt or by shorting stocks.

Last month I spoke with a very prominent European economist and he assured me that although he now agrees (he used strongly to deny it) that China has debt «problem», he believes it can easily be resolved by «socializing» the debt, by which he means transferring it onto the government balance sheet.

In fact, 42 percent of millennials have used methods like payday loans as a way of dealing with debt, according to a recent study by the Global Financial Literacy Excellence Center at George Washington University.

Banks «earned their way out of debt» by lending to global speculators who used the yen loans to convert into foreign currency and buy higher - yielding assets abroad — capped by Icelandic government bonds paying 15 %, and pocketing the arbitrage difference.

Things look equally bleak based on metrics typically used by investors to evaluate a borrower's ability to make payments: In Asia and Latin America, companies» debt now represents roughly four years of operating profits, up from fewer than two years prior to the financial crisis of 2008.

He has suggested, of course, that governments and their central banks cooperate to stimulate their national economies without adding to their national debt levels by using some variant of «helicopter money.»

Companies that actually use raw materials and consumers that buy products are being squeezed, by a combination of debt service and a financial austerity plan — while Wall Street and speculators are being enabled to make a killing.

Debt - to - income ratio, or «DTI,» is a financial measurement used by lenders when evaluating a loan application.

The 10 - year debt facility, with a fixed interest rate, will be used to finance the seed portfolio of a vehicle managed by Corestate on behalf of the German pension fund.

The tactics are similar to those used by larger, more prominent firms like Elliott Management, run by the billionaire investor Paul E. Singer, who has sued Argentina over debt repayment.

We do this using data from Chicago, where the city recently implemented an aggressive program to collect parking debts by seizing the cars and suspending the licenses of consumers with large debts.

Instead of using it to reduce the federal public debt, the government used it to cut the GST by two percentage points, thereby creating a structural deficit in advance of the financial meltdown in 2008.