Sentences with phrase «amount of debt someone 're carrying»
The phrase "amount of debt someone is carrying" means the total sum of money that a person owes to others, such as credit card debts, loans, or mortgages. Full definition
The first step to becoming financially free is figuring out the exact amount of debt you are carrying so you can work towards paying it off.
thecollegeinvestor.com
Not surprisingly, those who feel overwhelming financial stress have poor money management behaviors, with only 8 % of this group having an emergency fund, a mere 14 % comfortable with the amount of debt they are carrying, 18 % having a handle on their cash flow, 53 % paying their bills on time and 34 % carrying a loan or hardship withdrawal from their 401 (k) plan.
Many residents have expressed concern about the amount of debt they're carrying from credit cards, student loans, auto loans, and more, and are wondering what their options are to get out of debt quickly.
That means the amount of debt you're carrying versus how much your total credit limit is.
Your credit score is based on five factors — your payment history, amount of debt you're carrying, age of credit history, types of credit you have, and applications for credit.
This is the amount of debt you're carrying compared to your overall available credit line.
The other main category of reason codes concerns the amount of debt you're carrying.
This is why the amount of debt you are carrying compared to your credit limits is important to lenders.
Credit utilization (or the amount you can borrow versus the amount of debt you're carrying) accounts for 30 % of your credit score.
This means the total amount of your available credit limits vs. your outstanding balances — the amount of debt you are carrying is what calculates your credit rating.
This is the amount of debt you're carrying compared to your overall available credit line.
Credit card holders are also limiting the amount of debt they're carrying on their cards, making it easier for them to pay their bills.
The amount of life insurance coverage you need will depend on the amount of debt you're carrying, your income and whether you have savings and investments.
The FICO model compares the amount of debt you are carrying to the total amount of credit available.