credit commitment

The Fed's easy credit commitment might put downward pressure on interest rates.

Leaving income aside, the people with the heaviest credit commitment tend to be young.

Most people, even with the added burden of credit commitments, manage to remain solvent.

But it is also high time that governments themselves began to provide incentives which would help to encourage a greater volume of long-term credit commitments.

When a family budget is already overstrained, the recurring extra load of credit commitments can break it.

Using that indicator, it seems that about ten per cent of the people in each income group have heavy credit commitments.

Whereas two out of three people aged between 18 and 34 are paying off some current credit commitment, fewer than one in five pensioners are.

As a very rough indicator, instalments totalling over one-tenth of income might stand out as a heavy current credit commitment.

Jacor said it had received credit commitments of $300 million from a group of banks for the purchase and for future acquisitions.

Generally the people with the heaviest credit commitments do have more than one credit agreement (not necessarily with the same firm) going at the same time.

Infolink, the UK's leading credit information organisation, said consumers in most regions remain prudent in taking on new credit commitments.

Lastly, all contracted financial commitments are included, among them mortgage and consumer credit commitments, utility and telephone bills as well as rent payments (recurring expenses).

The new credit facility includes provisions that allow Leor, subject to certain restrictions and lender approval over its term, to increase the revolving credit commitment borrowing base.

By listing all your income, expenditure and credit commitments for each month, you will create a clear picture of your finances and will be useful when considering options with lenders.

Surveys of families receiving supplementary benefit have show that couples with children and lone parents are likely to have higher weekly credit commitments than people with no children or pensioners.

From nothing in 1984, it jumped to 467 billion yen in 1987 and 865 billion yen (about $6.5 billion) in 1988, or 59 percent of the year's total credit commitments.

The biggest loser on the Big Board was Transco Energy, which tumbled 5 1/2, or 21.7 percent, to 19 7/8, despite the company's announcement that it had secured credit commitments to finance its liquidity requirements.

Westinghouse Credit's real estate loss reserves equal about 68 percent of its underperforming real estate assets, but the company also has another $1.7 billion of off-balance-sheet credit commitments that it may have to finance if the market continues to trample its investments.

In London their 135 bureaux were informed by the London Money Advice Support Unit which in March 1990 reported that consumers then owed £26.7 billion on credit commitments,excluding mortgages, but that in spite of high interest rates, borrowing continued to grow.

Detailed cross-tabulations of our main survey results (not included in Appendix I) showed that people who said they worried about money fairly often or very often on average had a markedly higher credit commitment than people who said they did not worry about money.

Those who said they would prefer the smallest possible instalments, spread over a long period, were most commonly people in lower socio-economic groups, people with current credit commitments, and people with whom the amount they said they would borrow (if they borrowed money) was relatively small.

Mostly, these were people in lower socio-economic groups; but it is worth noting that even in these groups people with high credit commitments, or people who said that if they had to arrange a loan it would be for a relatively large sum of money, generally said they would prefer monthly repayments.

"Twenty years ago we would have had major credit commitments and outstanding loans to companies like Du Pont and TRW," said Edward Brandon, chief executive at the National City Corporation, a Cleveland-based banking company that has been hurt in commercial real estate but remains profitable and well capitalized.