Sentences with phrase «accumulating high debt»

In recent years, the country accumulated high debts; our debt stock increased to GhC122bn, that is 1154 %.

Many individuals have accumulated high debt levels in recent years and have found that the debt level that they are carrying is unmanageable.

Not exact matches

«Fitch believes that the province will also be challenged in restraining ongoing capital spending to make progress in lowering the high debt burden and accumulated deficit over time,» it said.

Another concern is the results of last weekend's regional elections, the worst showing in thirty years for Spain's ruling party, and the risk that this will lead to the discovery of higher debts accumulating on the part of Spain's municipalities.

However, in comparison to households that only hold owner - occupier debt, there is evidence that investors tend to accumulate higher savings in the form of other assets (such as paying ahead of schedule on a loan for their own home, as well as accumulating equities, bank accounts and other financial instruments).

Whereas other muni funds might accumulate Illinois debt based on its high yield, regardless of risk, we generally have stuck to investment - grade munis.

Similar to some oil and gas companies, many coal miners accumulated major debt loads when prices were high and demand seemed sustainable.

This may seem counterintuitive because the math would seem to tell you to pay off the highest interest debt first, but accumulating debt is as much a behavioral problem as a math problem, so get some easy wins under your belt by purging some easy debts first.

Student debt is accumulating as schools struggle with having to impose higher tuition rates, which some argue threatens the quality of a college education.

It is required of government to urgently make full payment of the accumulated feeding grants debt associated with Senior High Schools in the three regions of the north.

Then again, getting a medical degree without accumulating a massive amount of debt is a big advantage — especially if you plan to survive on research - scientist salaries instead of becoming a high - dollar medical specialist — and there aren't very many ways to get a medical degree without accumulating debt.

In addition, because none of these alternatives would accumulate further debts, all teachers would see higher take - home pay.

After years of accumulating rolling high interest debt and seeing their net worth moving in the wrong direction as liabilities overtake any income gains, it's worthwhile assessing various debt solutions and tackling the problem once and for all.

They are meant for short - term borrowing, but due to high rates and easy turnover rules, they tend to roll over and accumulate into large debts.

Most recently, the FCA is introducing payday loans price cap regulations which are due to take effect as of January 2015 The introduction of price cap will protect consumers from accumulating increased debt from further high annual percentage rates and fees.

In 2015, the FCA introduced a number of payday loan price cap regulations, ensuring customers are protected from accumulating increased debt due to high percentage rates and fees.

Private lenders usually consider the safety of their investment and they will not give you a mortgage if the debt that you have accumulated on the property is too high.

You'll have sky - high interest rates, and it'll take longer to pay off debt if you accumulate it.

Of course, progress can't be made when they are still accumulating debt at high clips.

Although sadly in the past two years, the average 4 year graduate accumulates $ 26,000 to $ 29,000 in loans, and their yearly salaries are not much higher than that, or even worse, their salaries are even lower than what they have accumulated in debt.

If your debt consumes a high portion of your earnings and you still have other expenses to handle, chances are that your debt will accumulate and prevent you from achieving debt freedom.

If you have high - interest debt like credit cards, that chunk of change you've accumulated in your workplace retirement account may look mighty tempting.

With a debit card you won't be in danger of accumulating debt that will be subject to high interest charges if you don't pay it off each month, like you would with a credit card.

The truth is many people who have accumulated high interest debt on credit cards, cars and other bills have a higher chance to do it again once there is credit available.

Higher undergraduate and graduate loan limits implemented in the early 1990s and 2007, the elimination of limits on PLUS loans in 1993, watering down of accountability rules, like the change to the «85/15» rule in 1998, expansions of loan eligibility to online programs (including online graduate programs) in 2006, and overall rising costs have allowed many more borrowers to accumulate not - before - seen levels of debt, and many will never be able to repay it.

This really is not a good plan either I guess because all this time I am making minimal payments that are not even putting a dent in my debt and although I will soon be relieved of the dischargeable credit card debt, the interest on my loans has just been accumulating and I am sure I will not be able to afford the incredibly high payments once they stay has ended.

Bad debt has a higher interest rate and needs to be paid off quickly to avoid accumulating interest.

Accumulating excess debt which generally carries a very high interest rate and possible collections mean more stress.

The risk for accumulating debt at an alarming rate is especially high for those who do not complete college because traditional jobs in the higher pay range generally require some college education.

It requires colleges receiving federal funds to demonstrate that their students earning certificates have high incomes in relation to the student loan debt they have accumulated.

It is important to understand that these products carry very high interest rates and thus, if you pay only the minimum payments on your balances, not only you will spend a lot of money on interests but you will risk accumulating too much debt and endangering your finances.

It will also have damaging effects on your credit rating, thus you will be paying higher interest rates for the debt that has accumulated.

Moreover, accumulating that higher debt for a longer amount of time could make borrowers more likely to delay buying a home or car, saving for retirement, starting a family or starting a small business — all the things that would be extremely beneficial for the current economy.

The Bank of Canada has long warned about Canadians accumulating too much debt in this unusual era of low borrowing costs, but has been restrained from pushing back with higher rates for fear of damaging the economy.

However, the bank's statement offset the positives by pointing to potential threats: weakening oil prices that drive down inflation and the significant risks of high household debt accumulated during years of low borrowing rates.

Once you've gotten your debts paid off with your short term cash parked safely in a certificate of deposit or two and in high interest savings accounts, you may finally be accumulating hard - earned funds that will be better applied elsewhere and may also be wondering what to do with the savings you have that have been growing at a steady rate.

Income based payments were too high for me in light of payments I was making on other debt I had accumulated during the time I was working at a non-profit while going to school due to the high cost of living.

If you accumulated credit card debt, you can uses services like SoFi to consolidate at a much lower rate or use repayment methods to get rid of that high - interest debt ASAP.

Or if you've been accumulating debt and paying higher rates of interest on credit cards, then a strategy to pay down that debt is an excellent idea.

When you transfer your existing credit card debt to a card with an intro 0 % APR offer, you can stop accumulating high interest for a period of time.

Only when the transferred debt is paid off will payments be applied to the new purchases which have been accumulating interest at a higher rate.

Be wary of debt accumulating due to the high - interest rates on credit cards as you wait for your tax refund.

Veterinarians accumulate more debt because of the extensive schooling that is required, although it opens the door for a high level of earning potential.

I show that for high chance of staying under 2 C (~ 90 % or more), we have run out of carbon budget, and for even coming close to the desired target of ~ 1 C, we have not only run out of carbon budget, but have accumulated substantial carbon debt.

However, much can also go wrong that, without proper insurance protection can lead to high expenses and that can also prevent you from affording another location in this WA region to live because of the debt that was accumulated in trying to replace your belongings.