Word: owing
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...just so frustrating to know you owe this much money," she says. "I wish I had the money to pay it off and be O.K. I can't sleep at night. I have tried to not let it affect me with my children. Kids don't know. They say, 'Mommy, I want this.' 'Can we do that?' My God, if they only knew...
...filers, it has declined to put any curbs on practices of the financial industry that are leading many individuals deeper and deeper into debt. Beverly Fox, a bankruptcy lawyer in Plantation, told TIME: "[You] have a family with an annual gross combined income of $35,000. I see they owe Citibank $10,700. At the time Citibank gave them that credit limit, which is almost 33% of their annual gross income, Citibank looked at their credit report, or should have, and could see that they already owed three or four other credit cards...
...turning to Ace, where she was "astonished at the number of senior citizens that were coming in each month." In a typical transaction, she borrowed $200 for 12 days and paid a $30 fee--an annual interest rate of 456%. If she missed a payment, she says, she would owe an additional $30. "By the end of the month," she says, "I would have no money." Finally, a distressed Rowings, who had always believed in paying her debts but was worn down by the endless dunning calls from bill collectors day and night, decided there was never going...
...team as well as to-the-decimal point cognizance of how he contributes to the bottom line. Sprewell doesn't walk into Madison Square Garden as if he owns the joint. He walks in as if he knows very well who does, and as if he doesn't owe the landlord a single solitary thing--except the best game he can play...
Another of your stories, "Seattle Sequel" [BUSINESS, April 17], incorrectly stated that Angola has $12.2 billion in "IMF debt service." Angola has never borrowed from the IMF and hence owes nothing. The other three countries cited with "IMF debt service" of $54 billion--Vietnam, Sudan and the Ivory Coast--in fact owe the fund a total of $2.5 billion. THOMAS C. DAWSON Director, External Relations International Monetary Fund Washington...