If you’re doing something like scheduling utility payments to come through your debit card or out of your personal checking account, that’s perfectly fine. But there are much safer ways to handle situations with debt collectors. You can send a money order overnight, or wire the cash to them.
There is scarcely anything that drags a person down like debt.
Every one of us owes a debt to the people who have shaped our minds and influenced our thinking and very often reasoning. For some, it is a school teacher or then professor in college for others, it could be a family member, a character of a book or movie.
The debt ceiling is not something to toy with.
We have to honor our commitments to today’s beneficiaries, but we can’t solve the growing deficit and debt problems unless we are smart, courageous, and sensible in planning for future.
The burden of student loan debt weighs heavily on both students and families across New Jersey.
Our nation owes a debt of gratitude to anyone who serves honourably. I think it’s despicable that a president would put veterans on his website and list them on an enemies list.
I introduced the FREED Vets Act to make student debt forgiveness for disabled veterans automatic, both now and in the future, regardless of who is in the White House.
I am confident that we can overcome this crisis, provided that we remain united in our effort to address our debt and competitiveness problems. And I think that the Greek people are united; it’s important also that the political forces are united in line with the will of the Greek people.
My grandfather came to Canada from Romania just before the Second World War, already in debt after buying his boat ticket on borrowed dime.
There is lots of evidence that it is this fear of going into debt that most puts people from poorer backgrounds off going to university.
I used to have insecurity about my finances, then I announced that I had debt, and now I don’t have any insecurities.
I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.
If the current birth rate, which is the lowest in the major developed countries, continues, there will be no Japanese. Who will pay the enormous debt?
The American people are tired of being told. They’re tired of being told that this is as good as it gets. They’re tired of hearing politicians in both parties tell us that we’ll get to that tomorrow while we pile a mountain range of debt on our children and our grandchildren.
Right now the problem in Thailand is we have high debt, but we don’t know how to earn the new source of revenue back to Thailand. This is my job.
If you have a debt issue or credit card issue, start dealing with it. If you have a tax issue, don’t just say, ‘I’m not going to file.’ There are ways to deal with these things, but you must communicate with your creditors, whether it’s a credit card company or tax department.
We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.
Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt.
That issue of student debt and college affordability is probably what I would say reinforced that I was a Democrat.
The restructuring theme can be of various kinds. Some amount of debt gets serviced out of cash flows, some gets back-ended and resolved with sale of non-core assets of the company, and some debt gets converted into equity which might today look like a haircut.
Look, the president is elected to lead and to face the country’s biggest challenges. The country’s biggest challenge domestically speaking, no doubt about it, is a debt crisis, and I’m really hoping that he is going to give us a budget that tackles this debt crisis.
We’re going to have to forgive a great deal of the Soviet era debt. There’s no question about that. Let’s face up to that. We’re going to have to put in money if Russia is really going to consolidate a democracy.
We have been maintaining a standard of living by putting things on the debt of the next generation.
As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions – prime ministers, presidents and chief executives – and so I’m all too aware of the risks and dangers of poor choices in the public as well as the private sphere.
I’m very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
I would be embarrassed to tell you how many folks ran saying that they weren’t going to spend a bunch of money, they weren’t going to raise the debt ceiling, and then they went to Washington, D.C., and did exactly that.
I think that when we look out with our underfunded liabilities and our national debt over $14 trillion, I think if we are part of that movement to get our government spending under control, I think that would be a tremendous legacy to leave.
I favor a system where students in publicly funded institutions make a commitment: if they do well in the private sector, they will revert a certain percentage of their income to the education sector; and if they devote some years to public service, their debt will be forgiven.
I’ve made a payroll. I know what it’s like to execute a business plan. I know what it’s like to expect the proper return on investment… and I know you can’t spend your way out of debt.
As the United States chains itself down with greater debt, China is building relationships across the globe to bolster its trade, its access to natural resources, and its energy consumption. In far too many cases, this means lost opportunities for America and our businesses.
Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders.
What we are effectively doing, I say this to the young people of America whom my colleagues represent, is leaving our children and grandchildren the tab for fighting a war, letting them pay for the lion’s share of it by simply adding it to the national debt.
A promise made is a debt unpaid.
I buy companies I want to own. I buy companies that make a lot of money, that don’t have a lot of debt, and that I can understand.
The vast majority of debt that Anglo maintains is owed is strenuously disputed. However, I cannot now pay those loans which are due, following Anglo taking control of the Quinn Group of companies, which I and a loyal team spent a lifetime building.
Botswana is actually very peaceful. It’s democratic. It never was in debt. They’ve been fortunate, they’ve had diamonds.
After Cadbury, the candy company, separated from Dr. Pepper, the soft drinks maker, Cadbury was able to substantially lower its debt load. The profits of Cadbury, the candy company, zoomed.
The most compelling economic and geopolitical story in 2017 will almost certainly revolve around China. The world’s most populous country bankrolled an economic boom with high levels of debt and leverage, with which the government is now forced to reckon.
Not a single disabled veteran in America should be forced to live under the weight of student debt, and they shouldn’t have to file paperwork or cut through red tape to get the relief they earned through their sacrifices for this country.
The young patriots now returning from war in Iraq and Afghanistan and other deployments worldwide are joining the ranks of veterans to whom America owes an immense debt of gratitude.
I don’t come from a family that had the money to put me through college, so I left school with $100,000 in student loan debt.
The reality of this Obamacare provision is that young adults will be forced to subsidize healthcare costs for older, financially stable, working-age Americans. At a time when 20-somethings face underemployment, record school debt and less economic opportunity, it is unfair to saddle them with this burden.
I consider myself a product of Alaska. The love and the debt that I feel to my home state – you always want your hometown to be the proudest of you, and so it’s heartbreaking to hear people say snarky things.
But obviously, we’re looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.
I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt.
Our children shouldn’t be saddled with trillions of dollars of more debt and forced to pay for Joe Biden and Nancy Pelosi’s extreme agenda.
