EXCO Resources, Penn Virginia, and Halcon are
all carrying significant amounts of debt.
A 2016 survey by the Center for a Secure Retirement found that Boomers (Americans born between 1946 and 1964), are
carrying a significant amount of debt into retirement.
Carrying a significant amount of debt on your credit cards could be one reason why your score dropped.
Do
you carry significant amount of debt?
While many offer low introductory rates, after a designated time period, those rates skyrocket to more than 20 % Annual Percentage Rate (APR) Regardless of your income,
carrying any significant amount of debt at that interest rate for anything other than a short term is unsustainable because of how the interest compounds.
Not exact matches
If you are
carrying any high interest
debt, or have a
significant amount of consumer
debt (not mortgage
debt), then you might have a low ability to take risk.
It's not surprising that the stress millennials are feeling due to the
significant amount of student loan
debt they are
carrying is causing them mental health problems.