Sentences with phrase «carry high debt loads»
New buyers who carry high debt loads, often minorities, may struggle to get loans after major insurers make changes.
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Your bank may have flexible guidelines on this, but be wary if you are carrying a very high debt load, especially one that is much higher than it was when you took out your loan.
Review your debt (s) with an experienced professional and develop a plan for reducing the load that you carry — less debt means more savings for things you do not pay for every day / month, as well as things with a higher price tag that you want and may have placed on a «wish list» to buy later when you can afford to, such as a new vehicle or new furniture.
The amount of outstanding student loan debt has increased steadily over the past few years, showing the average student graduates carrying a higher load of debt every year.
Even a relatively high salary can not remove the stress of carrying such a debt load, or mitigate the long hours required to study and complete a residency period, or the often - stressful work conditions related to being a physician.
The problem is high - cost, longer term loans do not help someone who already carries a significant debt load.
Look for a rewards card such as the Motiva that's geared toward cardholders who carry a balance, since the higher your debt load, the higher the rewards.