Sentences with phrase «what debts they carry»

Whether or not someone in their 20s should file for bankruptcy depends on what debts they carry and what recovery potential they have.

Not exact matches

«Ultimately, what drives the sustainability of debt is whether carrying it is affordable and whether the distribution of that debt poses any systemic financial risk,» said the memo, which was partially redacted.

But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up — to pay their mortgage debt, to pay the credit card debt, to pay student loans.

«The world spends a lot of time talking about the level of Canadian debt being extremely elevated, but what matters most is not the level of debt that Canadians hold, but the cost of carrying that debt,» the Manulife economist said.

If you're still carrying student loan debt as you approach retirement, here's what you need to do:

It looks like your $ 33 million is what they have paid so far, and the remaining debt is being carried forward into this new $ 130 million campaign.

But don't be duped by your apparent vim and vigor: You're still carrying around a heavy load of sleepiness, or what experts call «sleep debt» — in this case something like six hours, almost a full nights» sleep.

Another is the debt - service ratio, which is the cost to carry debt relative to what a household makes in a year.

These examples of debt load are very typical of what we all carry here in California.

I totally understand that when not enough income comes in it's tough as hell, so start with the simple stuff, like trying not to create debt or carrying debt, have a $ 500 emergency fund, then try to add a little at a time, until you are secure enough with what you have and then start investing.

So, of our clients who have filed either a consumer proposal or a bankruptcy, what can you tell us about the level of student loan, student debt that they're carrying?

If you're carrying balances on multiple cards and struggle to keep the payments organized and make them on time, consolidating those debts with home equity financing can simplify things by shifting what you owe into a single obligation.

What difference did it make if we carried credit card debt, student loans, or car loans?

My husband and I carried a home loan, car loans, student loans, and some credit card debt in our early 20s, only to realize we had grown tired of the monthly payments and what they meant for our lives.

Only you know what you are able to pay and how much debt you can comfortably carry from month to month.

And what's worse, they probably carried debt into retirement.

If you agree with us that debt's a bad thing, something you shouldn't carry, then take a look at what it is you owe and who you owe it to and start dealing with the highest interest rate debt first, pound away at this stuff.

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.

This was entirely from what I charged that month, I'm not carrying any debt.

But based on what you've told me, I'd pay only the minimum because this debt probably carries of rate of only 5 % and 6 %.

But what happens if you have declared bankruptcy but still carry some or all of your previous student loan debt?

So what do you think is the optimal age to flip the switch and start to ensure the debt is paid off completely or are you planning on carrying the debt into retirement in your 60's?

What's his or her attitude toward carrying credit card debt?

That brings us to what to do if you do carry a balance (in other words, you don't pay off your debt every month).

But what if you have small children or are carrying a lot of debt?

What's that, you carry no high interest debt?

If you are carrying debt you would like to repay, what is the «opportunity cost» of buying your coffee to go rather than using that same money to pay off your debt?

Many consumers carrying excessive debt will use what's called a zero balance method of budgeting.

Many people who carry debt can trace that back to a boatload of consumer credit card purchases, and after some time, they don't even remember what they purchased to cause the debt.

To see if this was a systemic problem for payday loan users in general, we commissioned Harris Poll to conduct a survey to determine to what extent payday loan borrowers in Ontario carried existing debt when taking out a payday loan and any changes to debt loads through the use of payday loans.

What was once the exception to the rule has become the rule, as virtually every college graduate carries some level of student loan debt.

As 43 million Americans carry student loans, in order to decipher what Americans have given up due to this debt, and what they would do to cancel it, Student Loan Hero commissioned research firm YouGov to poll the attitudes of Americans.

What came to mind for me as a current law student involved with Pro Bono Students Canada is the fact that the job market for new calls has become so competitive that there is an odd tension in how students are relating to pro bono work — it seems necessary to gain «practical skills» but at the same time it's a source of resentment (working for free while carrying massive debt that seems unlikely to be paid off soon after graduation).

But what if you have small children or are carrying a lot of debt?

With all this in to consideration what is the best term life insurance for you, it depends on your loved ones needs, how old you are, what kind of debt you carry and the lifestyle you want to leave behind.

When you seller finance, for what term (months / years) do you typically carry the debt for vacant land?

New data from technology company Ellie Mae, whose loan application and management software is widely used in the mortgage field, reveals that even if you've got what seems to be a deal - killing low FICO score or you're carrying a mountain of debt, you still may have a shot at qualifying for a mortgage to buy the house you want.