Sentences with phrase «add to their debt load»

In addition, it can encourage consumers to add to their debt load, which could put stress on Canadian households, at a time when they are carrying record amounts of debt.
This does two things: You start earning a better credit score, because you're paying your debt off in regular instalments, plus it stops adding to your debt load by preventing more interest from accumulating.
«They should have Marcin fix it as cost efficiently as possible and pay for the wood in cash as this will keep them from adding to their debt load, something they should avoid at all costs» says Birenbaum.
To get her salon up and running, Kaelin added to her debt load by opening a $ 34,000 home equity line of credit — a revolving line of credit secured by equity in her home.

Not exact matches

Improving crumbling infrastructure and creating new jobs is a worthy endeavour, but it will add significantly to Ontario's debt load, whether or not the government goes it alone on projects or partners with the private sector.
With the scandal set to hurt profits and as funding costs climb, the debt load will likely increase beyond 5 times Ebitda, Mizuho Securities USA said Thursday in a note to clients, adding its internal credit rating on BRF is now three steps below investment grade.
What made those acquisitions worse was the monumental debt load management added to make the purchase.
An ample cash balance and a manageable debt load are obviously preferable, as these qualities afford a company greater flexibility to invest in operations and provide added cushion during periods of economic weakness.
How much will this add to a student's debt load?
While building Chesapeake, McClendon ran a secretive commodities hedge fund on the side, used minority stakes he took in Chesapeake's wells as collateral for loans and made madcap corporate investments that added to a massive debt load.
Talk of a move to re-establish state fiscal oversight of the city's schools has circulated since the summer and comes as bond ratings agencies have dropped CPS» debt deeper into junk status in advance of district plans to add more than $ 850 million to its overall debt load.
On a cumulative basis played out over decades, the costs of these changes would be relatively small, and meanwhile the state would stop adding to their current debt loads.
In 2016, 38 percent of American households carried an average credit card debt of $ 16,061, and holiday debt adds, on average, about $ 1,000 to that debt load.
Do absolutely everything you can to avoid adding consumer debt to your student debt - load.
Also, some high - risk borrowers, such as self - employed or those with large debt loads, may end up being charged a mortgage broker fee — a finder's fee that can add an extra $ 1,000 up to $ 9,000 on your mortgage closing costs.
How much will this add to a student's debt load?
You'll still have the convenience of not carrying around cash but you won't be adding to your current debt - load.
There's nothing to prevent you from making gifts of money, if you can afford it, without adding to your potential debt load.
So why add to the stress by loading yourself up with debt on the big day?
It may be sufficient for you to use this time so long as you decrease your debt load and add to your assets.
For instance, when applying for a credit card, lenders look at more than just your credit score and credit history to determine if you're capable of adding another credit card payment to your debt - to - income load.
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