Sentences with phrase «debt as a major problem»

Not exact matches

And lower deficits do allow for greater savings after all: total foreign reserves as a percent of external debt has more than tripled, with the average country holding close to one unit of foreign reserves for every unit of externally issued debt.8 And a major concern, sticky current account deficits, continues to pose problems for some countries, but the average deficit has shrunk.

Did you know that debt problems are a leading cause of major societal problems, such as stress, divorce and alcoholism?

The worldwide movement to embed financial education into schools has gained impetus due to some major changes in society over the past decade, such as the Global Financial Crisis, an increase in youth debt (e.g. mobile phone debt) and research linking financial problems with low quality of life.

Decades ago, personal loans and financial loan from banks were not very popular in the industrial market, thus consumers buy their commodities with cash, and debts were not a major problem for individuals as well.

«When lenders read your credit report, they'll be looking for issues such as a problem making your mortgage payments on time, a high level of debt and the maturity of your credit,» says Jeffrey Taylor, managing partner of Digital Risk, a provider of mortgage processing services and risk analytics in Maitland, Fla. «If you have a four - or five - year history with a major credit card, that's better than six months with a local store credit card.»