Multiple studies have established links
between excessive debt and mental health problems.
Not exact matches
Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on
excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.
In its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus
between excessive housing prices in many cities and record levels of household
debt.
Chapter 3 discusses how conflicts of interest
between bank managers, shareholders, and
debt holders can lead to
excessive bank risk taking from society's point of view.
Saving for retirement and paying down
excessive debt can mean the difference
between financial security or economic ruin.
It's no secret that
excessive stress can lead to poor health, however, most people don't make the connection
between a decline in health and an increase in
debt.