Sentences with phrase «costly forms of debt»

The bottom 60 % have less liquid forms of wealth (cars, real estate) and more costly forms of debt (student loans, credit card debt).

Not exact matches

However, what is clear from the IMF analysis is that without some form of debt relief, the reforms agreed this week, and even decades more of austerity, could prove meaningless, and costly for both creditors and the Greek economy.

Although all forms of debt can be costly, credit card debt is especially expensive due to high interest rates.

Consumers who have defaulted on their credit card accounts may need to seek some form of debt relief to help avoid some of the costly fallout that may occur.