Sentences with phrase «when interest on their debt»

The average Hawaiian household will get $ 14.21 ($ 6.9 million total) this year when interest on their debt is subtracted from interest earned on savings accounts.

Not exact matches

When central bankers dropped interest rates during the financial crisis, finance ministers leaned too hard on household debt.

Losing money can happen when you pay a price that doesn't match the value you get — such as when you pay high interest on credit card debt or spend on items you'll rarely use.

Some things to consider when making this plan are 1) which debt has the highest associated interest, 2) what is your largest debt, and 3) is there any debt that is especially restrictive on your business via loan terms?

When you don't have to pay any interest on your balance, you can focus on reducing the debt.

However, if and when interest rates rise, carrying charges on most peoples» debts will jump sharply, especially for real estate.

However, in Canada's case, there was a significant interest rate premium placed on its debt in the late 1980s and early 1990s, when its debt ratio approached 70 %.

When you're focused on paying off debt, high interest rates can be demoralizing.

When the Federal Reserve raises its benchmark Federal Funds Rate — as it did on June 14 by a quarter - point — attention tends to focus on interest - rate increases on debt and future borrowing.

And it is hard to get ahead when interest rates on debt outpace earnings on retirement investments.

When you borrow money from an outside source and promise to return the principal in addition to an agreed - upon percentage of interest, you take on debt.

Debt avalanche: When following this debt repayment method, you want to focus your efforts on the credit card that is charging the highest interest rate fiDebt avalanche: When following this debt repayment method, you want to focus your efforts on the credit card that is charging the highest interest rate fidebt repayment method, you want to focus your efforts on the credit card that is charging the highest interest rate first.

Plus it takes the government more than 20 % of tax revenue each year just to pay INTEREST on its debt — and that's at a time when rates are actually NEGATIVE.

And so for example, if you look at U.S. government debt, which is the one almost everyone always talks about, most people aren't sitting there worrying about how much debt does Amazon have, when you look at government debt, interest payments on government debt as a percent of GDP or as a percent of tax revenue, currently because interest rates are relatively low, are very low, are running half, literally half of what they were in the second half of the»80s and the first half of the»90s.

Not only is there potential for interest rates on these debts to rise, but it's often likely to happen at the worst possible time — such as when the economy is heading into a recession.

It would mean Greece following through on its market reforms and privatizations + Greece reforming and downsizing its civil service + Greece maintaining a stable government despite public outcry + Greece fixing its tax collection system + the troika being willing to put off some Greece interest payments and then writing off some significant portion of Greece's debt when Greece's government finally consistently reaches a primary surplus.

Johnson said that when the crisis hit Britain's debt was the second lowest of any G7 country, that debt interest levels were 15 % lower than when Labour came to office and the interest rates on UK debt had been falling since the beginning of the year.

Throughout the course of our research and analysis on student loan debt, we noticed several interesting differences when looking at data across varying demographics.

When you make extra payments on your debt with the highest interest, you are also reducing the payments for the total interest.

It is hard to pay down the principal on a debt when the interest rate is high.

If you know that you won't be able to pay your tax when it falls due, then you will need to look at all alternatives and that might even include the necessity to use your credit card to pay your account simply because that will be an easier debt to manage than the IRS and the interest and penalties that they will impose if not paid on time.

When you borrow money from a lender and have a debt that must be repaid, you are charged interest on your account.

When debts go bad, it typically occurs because the company chokes on paying the interest, not the principal.

When you are on an installment plan, interest and penalties continue to accrue on your tax debt.

When you get your bad credit personal loan, you may want to consider using it to pay off all your other debts so you have only one payment to one lender, at the same interest rate, due on one day of the month.

When it comes to federal student loans or state government student loans, you'll find that your debt can be reduced just by applying for jobs on certain areas designated by government agencies where the administration has special interest in satisfying specific needs.

(1) Large purchases (at least $ 75 million of pre-tax earnings unless the business will fit into one of our existing units), (2) Demonstrated consistent earning power (future projections are of no interest to us, nor are «turnaround» situations), (3) Businesses earning good returns on equity while employing little or no debt, (4) Management in place (we can't supply it), (5) Simple businesses (if there's lots of technology, we won't understand it), (6) An offering price (we don't want to waste our time or that of the seller by talking, even preliminarily, about a transaction when price is unknown).

When you refinance student loans, you're essentially repaying your old student loan debt by taking on a new loan with fresh terms — including a new loan length, interest rate and monthly payment.

Depending on when you signed your Stafford Loan documents you are probably paying somewhere around 4 % in interest on your student loan debt.

The most common scenario is when you can get a lower interest rate on the new debt compared to the old one.

Remember, when you pay off debt, you're getting a guaranteed return on your money: if your student loans were at 6.8 % interest, eliminating those loans is the equivalent of investing and receiving a 6.8 % return.

When the monthly payment and interest rate on the consolidation loan are lower than the what you were paying every month and the payoff for eliminating debt comes within five years.

When you avalanche your debt, you focus on paying off the debt with the highest interest rate first, regardless of the balance.

(I need to have proof of my payment history with original Creditor, what the amount of the debt was when the creditor assigned the debt to your company, and what fees / interest has been tacked on to this debt and how you / they determined these fees.)

And when that debt is paid off, apply what you were paying on it to your loan with the next - highest interest rate.

So it is possible for a consumer to run up thousands of dollars of additional debt on the transferred credit card and then when the promotional period is over wind up paying hundreds of dollars a month in interest on two balances.

Jeff admitted some initial trepidation about the long - term nature of a debt management plan (DMP) when it was recommended to him, but his concern was quickly abated when he saw the huge interest rate reductions begin to show up on his accounts.

When it comes to paying off debts Chris advises people to attack the highest interest rate debt first while maintaining minimum payments on other debts.

A haircut — can refer to the interest differentials charged and paid on Over The Counter (OTC) products like CFDs and Forex, and to reduce debt repayments when there is risk of a total loan default, an example is the huge «haircut» European banks have taken on their loans to the Greek government.

Third, there are times when consolidating debt makes a lot of sense; you save big on interest and the interest is tax deductible, as we noted above.

One of the greatest advantages of debt consolidation is that when you bundle all of your debt, you only pay interest on a single loan and in these cases it's very common to be granted lower interest rates.

However, when interest rates rise, the amount of interest you will pay on your debt will go up unless you have a fixed rate loan.

When you take on a second mortgage and consolidate debt, you also can write off all of that interest that you are paying on the loan.

However, they often will since it tends to be in their interest to do so, particularly when the alternative is you declaring bankruptcy and defaulting on your debts.

While the avalanche method (paying off debts with higher APR first) can save you money on interest, most of us are more motivated when we accomplish smaller tasks more frequently.

Companies will find it harder to service their debt in a few years time when the interest rates on their loans increase.

Interest rates on debt will be higher when high inflation is expected.

When you do take out loans or take on other types of debt, lenders will charge you their lowest interest rates.

Much of the debate around Canada's buoyant housing market has centred on the growing amount of Canadian household debt, and questions about the ability of consumers to handle their overall debt burdens if and when interest rates rise from prolonged lows.

❏ Talk about student debt Explain how it works, when the first payment is due and how interest will accrue on it.