Sentences with phrase «debt affects everyone»
Debt affects everyone, whether you're a millennial or getting ready to retire.
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Because everyone knows that, rationally, Congress will vote to increase the debt ceiling in the last stage of the game, that affects how the earlier stages of the game are played: Congress votes for new programs, anticipating that funds for the new programs will be paid for by borrowing.
Even if your relationships are okay, a problem like gambling addiction can affect everyone in the family, especially if you have to sell something (a car or even your home) to pay off the debts.
Everyone's worried that I, oh if I deal with my debt and I have to go bankrupt or do a proposal or get a loan it's going to somehow affect my credit score and then I won't be able to borrow again in the future and it's going to be horrible.
I agree with what everyone here says about the payments affecting your debt to income, but if your income can sustain the hit, and the property can generate enough income to payoff the extra payment, I say go for it.