Phrases with «unaffordable debt»

"Unaffordable debt" refers to a situation where someone has borrowed money that they are unable to easily repay. It means that the amount of debt is too high and they have difficulty meeting the required payments within their income or available resources. Full definition

unaffordable debt

Sentences with «unaffordable debt»

Those who can return to responsible spending through chapter 7 discharge and settling unaffordable debts (as opposed to stringing out payments in a DMP, chapter 13 and poorly devised less than beneficial settlement plan), will assist in job creation and economic recovery. (getoutofdebt.org)
«If consumers have sufficient financial education then unaffordable debt can be more easily avoided and individuals would be far more likely to make self - provision in terms of savings,» she said. (politics.co.uk)
«Unsustainable» in human terms means individuals who pursue their dreams of upward mobility, only to find that these dreams are shattered due to unaffordable debt loads that they will never be able to repay. (studentloanborrowerassistance.org)
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Phrases with «unaffordable debt»

Sentences with «unaffordable debt»

See also