Sentences with phrase «considered as bad debt»

However, it's sad to know that college loans are now considered as bad debt to the extent that the nation's top financial newspaper is trying to find ways to avoid them.

This particular tactic used to make up the difference in what should have been collected and what actually was collected is a heavy handed method of recovering what associations consider as bad debt.

Not exact matches

As a result, credit card debt, even at low interest rates, is considered bad debt.

As long as it's a good investment and there's cashflow to pay the mortgage and then some I don't consider debt baAs long as it's a good investment and there's cashflow to pay the mortgage and then some I don't consider debt baas it's a good investment and there's cashflow to pay the mortgage and then some I don't consider debt bad.

However, unlike an account with a mild delinquency, such as a single missed or late payment, an account that has been charged off is considered to be bad debt.

Borrowed money spent toward depreciating assets and things that do not provide income or an increase in value, such as cars, clothes and living expenses, is considered «bad debt.»

Although the loan interest rate isn't quite as high, a brand new car is considered bad debt because it depreciates the moment you drive your new ride out of the car lot.

A bad credit home loan is a good option if you are considering consolidating your debts as well as repairing your credit.

Neither is necessarily right or wrong, you have to do what's right for you, but i have to say I believe there are 2 different kinds of debt - consumption debt which is bad (e.g. student loans and credit cards), which Kiyosaki calls «doo dads» and what I consider «good debt», by using other peoples money (such as a bank) to purchase INCOME PRODUCING ASSETS (NOT speculative ones).