Phrases with «unsustainable debt»

"Unsustainable debt" refers to a situation where a person, organization, or country has borrowed more money than they can afford to pay back in the long term. It means that the debt is too large or the repayment terms are too difficult, leading to financial instability and potential default on the borrowed amount. Full definition

Sentences with «unsustainable debt»

  • Students and those from low - income areas, neither of whom had much experience with credit, would sign up for credit cards and spend their way into unsustainable debt. (debt.org)
  • And in low income countries, if recent trends continue, many, not all, will face unsustainable debt burdens. (insurancenewsnet.com)
  • Consequently, more students are incurring unsustainable debt as tuition steadily increases across the province. (a2justice.ca)
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