Sentences with phrase «debt burden»

The phrase "debt burden" refers to the amount of money or debt that a person or entity owes and how difficult it is for them to manage or repay it. It reflects the financial pressure and responsibility that comes with having significant debt. Full definition
The millennial generation has the highest debt burden of any generation and this is why I decided to begin a blog.
High student debt burdens prevent many from considering public service careers.
Borrowers with heavy debt burdens don't have to kiss their dream home goodbye, but they need to make sure the added cost of a mortgage is affordable in the long run.
The primary objective of personal life insurance is to provide final expenses and protect beneficiaries from an income loss or debt burden in the event of a family member's death.
A low debt burden on cards goes hand - in - hand with other positive economic traits, such as fewer late bill payments and higher credit scores.
The average student loan debt burden for medical students is usually pretty staggering.
Therefore, the second person would need to have a lower debt burden to make this strategy work.
The current ratio also sheds light on the overall debt burden of the company.
Our economy is weighed down by a huge debt burden.
Today student loans represent the single largest debt burden for people under 40.
After all, despite rising debt burdens, borrowers with degrees at least have a credential that remains valuable in the labor market.
Much more important factors for your scores are how timely you pay your bills and your overall debt burden as indicated on your credit report.
The federal government has a low and declining debt burden and a sustainable fiscal structure, whereas most of the provinces and territories do not.
The second assumption is that increasing debt will only leave future generations with higher debt burdens without greater productive capital to pay for it.
Coming out of college can leave you with a significant debt burden.
A balance transfer is much better suited to reduce your overall debt burden at a lower cost within a specified time period.
These are attributable to its bad corporate governance, erratic operational challenges, inability to pay staff salaries and heavy debt burden among other issues.
If your outstanding debt burden makes you feel like tearing hairs, you may think about a workable debt consolidation program.
Today millions of people carry debt burden upon their shoulders.
Their total debt burden can increase significantly as they enter their 30s and are paying off a mortgage and credit card debt as well.
To think this massive debt burden won't affect the economy's sensitivity to rate hikes is just naive.
New research examines the role that the wave of recent refinancing activity has had on household mortgage debt burdens.
And in low income countries, if recent trends continue, many, not all, will face unsustainable debt burdens.
In their views, the government must do more if it is to reduce the country's debt burden going forward.
Additionally, the county has a modest debt burden, manageable carrying costs, and an improving local tax base with ongoing economic development activity.
Despite a debt reform measure in 2000, the state's debt burden continues in part due to economic conditions.
For example, the researchers note that in the 2010 survey, the monthly debt burden of never - married men was higher than the burden carried by the typical never - married woman.
As everyone knows by now, Canadian households are carrying record debt burdens.
The debts created by businesses, consumers and national economies cutting back their long - term direct investment leaves these entities even less able to carry their mounting debt burden.
Firstly, the economy is too leveraged, many people have underwater mortgages and can not spend, therefore decreasing the real debt burden will boost the economy.
All three companies cite a sizable tax base, manageable debt burden and careful budgeting as driving factors in arriving at their credit rating.
This represents a dangerous circumstance for the country because they are an economy that carries the world's largest sovereign debt burden.
Often times, the families of the deceased are left with often overwhelming financial debt burdens on top of the emotional trauma caused by a death.
Heavy debt burdens often make for an early exit.
They then must assume on graduation a severe debt burden, which will hang around their necks for a long, long time.
Active routines become a habit, and healthy, active children are likely to become healthy, active adults, improving their life chances considerably and reducing the NHS debt burden.
If your credit score is reasonable, they may approve your request if the new funding does not increase your monthly debt burden ratio above specific thresholds.
This lender must put into consideration your income, existing debt and housing expenses before loading you up with a new debt burden.
Every penny paid for with the 529 account will reduce your child's potential debt burden.
Once the loan is approved, it may be used to consolidate your full debt burden.
The burden of Interest The reason why a home loan becomes such an extensive debt burden is because of the interest payable.
What we can say with certainty, is that this significant student debt burden means many former students will need to budget for loan repayments over the long term.
The consequences of taking on higher debt become ever more dire when one spouse passes away, leaving a higher debt burden for the surviving spouse.
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