Sentences with phrase «used debt guaranteed»

When these markets closed, Australian banks used debt guaranteed by the Federal Government to raise funds.

Not exact matches

[55] RRIF guaranteed loans can not be used to refinance outstanding debt incurred for other eligible projects.

[53] In the case of a TIFIA guaranteed loan used to refinance interim construction financing, the guaranteed loan may not refinance the existing debt (x) if that debt's maturity is later than 1 year after the substantial completion of the project, or (y) later than one year following substantial completion of the project.

RRIF guaranteed loans can only be used to refinance outstanding debt incurred for certain types of eligible projects, including debt incurred to acquire, improve, or rehabilitate intermodal or rail equipment or facilities, including track, components of track, bridges, yards, buildings, and shops, and costs related thereto, or to develop or establish new intermodal or railroad facilities.

Federal income tax law prohibits the use of direct or indirect Federal guarantees in combination with tax - exempt debt (section 149 (b) of the Internal Revenue Code of 1986 (the Code).

Although government bonds are supposed to be guaranteed because they can use tax revenue to pay out the money, there have been instances of countries like Russia defaulting on its domestic currency debt.

Thus, homeownership reduces the economic risk on any transaction since the assets work like a guarantee of all the applicant's debt regardless if they are used as collateral of any particular loan or not.

The lesson learned is that the only way to achieve an almost guaranteed long - term plan to get out of debt is generally to use bankruptcy or credit counseling, which is a defined process with known results, or to take all the creditor offers at the moment and develop a plan to meet those offers by altering life to do that.

These loans use the remaining equity on your home (the difference between your home value and your mortgage debt) to guarantee another loan.

It is important to note that your assets guarantee your debt even if you do not use them as collateral for the loans and lines of credit you take.

Secured loans, those that have physical property used to guarantee the loan, are usually not subject to negotiation in the same way as unsecured debt.

Using consolidation for clearing credit cards is ideal, but the regimen these companies apply guarantees that the debt consolidation loan does not end up causing other problems.

While credit cards present the potential risk of credit card debt, it's not a guarantee and is easily remedied with responsible use.

However, paying down low interest debt when you could get a better return in a guaranteed investment like a savings account is not the most efficient use of resources.

If you fall behind on your student loan payments and end up in default on a federally guaranteed student loan, your tax refund may be intercepted and used to pay off outstanding student loan debt.

Tip - offs to Rip - offs Steer clear of debt negotiation companies that: 1) guarantee they can remove your unsecured debt 3) promise that unsecured debts can be paid off with pennies on the dollar 4) require substantial monthly service fees 5) demand payment of a percentage of savings 6) tell you to stop making payments to or communicating with your creditors 7) require you to make monthly payments to them, rather than with your creditor 8) claim that creditors never sue consumers for non-payment of unsecured debt 9) promise that using their system will have no negative impact on your credit report 10) claim that they can remove accurate negative information from your credit report.

A commitment, usually issued by a bank, used to guarantee the payment of principal and interest on debt issues.

Also in December, the High Court provided a reminder that a landlord wishing to recover a debt against the former tenant under an Authorised Guarantee Agreement must serve notice within six months in Lee v Sommer [2015][unrep](read our blog here); the case of Regency Villas Title Ltd v Diamond Resorts [2015] EWHC 3564 considered whether a right to use a golf course, swimming pool and tennis court was capable of existing as an easement, and confirmed they were.

Because term insurance expires, it is usually used to cover debts and obligations that will be paid off over time, such as mortgage payments or a business loan with a personal guarantee.

For example, they may use the proceeds of a Guaranteed Acceptance Life Insurance policy to pay for expenses such as funeral and burial costs, medical bills, or other consumer debts.

1) Peace of mind and personal satisfaction 2) You can't be guaranteed what your other investments will yield 3) You can use a credit card for emergencies, rather than use your savings, which would make paying off the debts take longer 4) You could realistically pay your mortgage off in 7 - 10 years and have more money to invest.

The first set of amendments, proposed in April 2013 and published on July 24, 2013, clarify, correct, or amend provisions on the relation to State law of Regulation X's servicing provisions; implementation dates for adjustable rate mortgage servicing; exclusions from requirements on higher - priced mortgage loans; the small servicer exemption from certain servicing rules; the use of government - sponsored enterprise and Federal agency purchase, guarantee or insurance eligibility for determining qualified mortgage status; and the determination of debt and income for purposes of originating qualified mortgages.