Sentences with phrase «carry small amounts of debt»

Lenders assign the highest scores to consumers who pose the lowest risks — that is, consumers who consistently pay their bills on time and carry small amounts of debt compared to their overall borrowing capacities.

Not exact matches

For example, if you have a lengthy credit history with a small number of late payments (a good thing), but you also carry a high amount of credit card debt (a bad thing), you may find that different insurers weigh these variables differently and give you prices to match.

However, before you file for a bankruptcy for a small amount of debt, you should understand the implications a bankruptcy carries with it.

A little simple math says that if you only have the average amount of debt, it takes the first $ 33,000 in your business» revenue to carry this debt — and most small businesses have more debt than the average American household.