Sentences with phrase «already high levels of debt»

This may include borrowers with a poor credit history, low income earners and those with already high levels of debt.

Not exact matches

Any number of shocks could send Canada's house of cards tumbling, the bank says, particularly higher borrowing costs that pinches households already carrying record high levels of debt.

Millions of people can see at least some of the major signs, such as the collapse of interest rates, record high number of people not counted in the workforce, and debt rising from already - unpayable levels at an accelerating rate.

We estimate that balancing the budget in ten years would require savings of between $ 7 trillion and $ 10 trillion, while just stabilizing the debt at its already high level would require $ 5.4 trillion to $ 8 trillion.

Currently, in the Euro Zone ex UK, the equity risk premium is already above levels seen in the European debt crisis in 2011 and closing in on the 2009 highs of close to 900 basis points.

In addition, the higher debt - to - income limit means that people who already have significant levels of personal debt will find it easier to qualify for a conventional loan than an FHA loan.

Our gross debt is already forecast to peak above 90 % of GDP, a level above which the evidence suggests higher debt tends to reduce growth.

If you are struggling with a high level of debt, you are probably already considering the possibility of taking out a loan.

This is especially true for people who are already carrying high levels of credit card and other revolving debt.

Credit growth on that scale is not easy to achieve, especially given stagnant wages, the already high level of private sector debt and, now, increasing interest rates.

She says: «The impact of further cuts on those junior practitioners already at the publicly funded Bar and servicing high levels of student debt will be extremely damaging.