Sentences with phrase «debt is a bad idea»

Taking out an unsecured personal loan to consolidate high - interest credit card debt is a bad idea for many people with poor borrowing credentials.

Pay Down Your Debt If the current economic recession has taught us anything, it is that carrying a great deal of debt is a bad idea and can reduce your options for the future.

Putting money in retirement accounts at the same time you have outstanding credit card or consumer debt is a bad idea.

However, pursuing rewards while you're trying to pay off debt is a bad idea.

Not exact matches

Musk, 46, said he won't need to go back to equity or debt markets this year to seek additional funds for Tesla, but crossing Wall Street may be a bad idea.

The idea was to cut off revenues from the «beast» (i.e., government) and then argue that the resulting deficits were bad for the economy and that government programs and services would have to be cut to eliminate the deficit and stop the debt from increasing.

It's tempting to buy things for your soon - to - be new home, but it's a bad idea to take on extra debt to do it.

The idea is for Wall Street to sell all these bad debts to pension funds and say you'll make a high rate of return, and then you'll be left holding the bag when it all collapses.

If you're the latter with a heavy load of debt, you'll go broke when demand slackens, and that's a very bad idea for shareholders.

I have negotiated my own debt successfully and from my experience I fully agree that hiring a debt settlement company is a bad idea and that you are better off settling your debt yourself.

In this case, having an emergency fund is a particularly bad idea if you hold multiple, high - interest debts.

The idea of making a minimum payment on credit cards for bad credit is a trap that can drag one further into debt.

I would expect manu debt situation to be a lot worse since SAF left, barca and rm I have no idea about.

You kind of have to wonder, if financial solvency isn't in the cards — and judging by the club debts, it could be a long haul — maybe the $ 7 million fine to UEFA for violating FFP isn't such a bad idea.

The State, remember, is already hated in the South with a passion and that was on the back of the artificially expanded services / tax ratio of the over heated Brown Boom The overriding problem with this idea is that no - one believes in hypothecation which is a quite infantile concept when we are so badly in debt.

The main thing holding back our world from recovery, is no one wants to take losses from bad debt, and so central banks extend a lot of credit, as if those pointy - headed intellectuals have any idea about how the economy really works.

Paying down debt is never a bad idea, and just might be an especially good idea right now.

We generally tell people it's a bad idea to be in debt, but that viewpoint is too simplistic.

However, student loan debt forgiveness is a terrible, horrible, no good and very bad idea.

In other words, getting rid of certain types of debt ahead of schedule could actually be a bad idea.

If your credit score just went down, getting a debt consolidation loan to pay off credit card debt would be a bad idea.

Paying down debt is never a bad idea but in my case I would be better off to focus on earning tax - free investment income before paying down the mortgage.

If you are having trouble paying your bills and making debt payments each month, or if you have some bad debts you need to take care of, then some sort of debt relief option may be a good idea for you.

In some circles, there is the idea that all debt is bad, and that it should all be paid off as soon as possible.

Whether you are in debt, recently out of debt or never had any debt, if a collector contacts you to say you owe an old credit card debt or some other unsecured debt and you aren't sure they are right, it's not a bad idea to consider sending a debt validation letter.

If you don't have debt, great, increase your savings because that is never a bad idea.

Paying off debts at least gets a guaranteed income... and I think the general ideas behind why this is a bad idea are well covered there, as well as the alternative options.

As far as debt consolidation goes it is a bad idea almost 99 percent of the time.

In contrast, it is a bad idea if you only see this option as a temporary escape of paying off your existing debts.

As interest rates increase, some investors may think it is a bad idea to hold real estate investment trusts (REITs), which inherently have lots of debt.

having multiple payday loans was a bad idea, i was so stressed out that i was losing hope hope that i can never pay my bills, and nothing will be left for me, but i heard of a debt consolidation, well i tried it and it works it was a good choice that i made so far...

My fear is, that by promoting this idea, you will be sending people into the arms of bankruptcy lawyers who will claim they can obtain student loan debt relief, but fail to deliver — and end up making their situation worse.

I'll point out some of the impacts of debt consolidation, which, though not always a bad idea, should be approached with eyes wide open and extreme caution:

In other words, I would say debt for grad school is almost always a bad idea.

While funding such spending with debt is always a bad idea, it now looks like sheer lunacy in light of the oil price collapse.

Considering the excellent progress with cash flows & net debt, share buybacks wouldn't be a bad idea here also — and would likely generate some real bang for their buck.

It's not that being in debt in America is a new idea — or even a bad one.

Doing so may also assist on point number two above — big ticket item spending — by placing in bold relief how much money is already owed and why taking on additional debt at this time is a bad idea.

I believe my initial complacency regarding debt repayment was because I totally bought into the idea of «good» debt versus «bad» debt.

Your next concern — «The 24 month program idea seems great, however if the majority of people are unable to complete a normal debt settlement program, I think encouraging people to enter a 24 month program will end up with worse results.»

Payday loans are a bad idea, and you can become ensnared in debt, so I'm not recommending payday loans.

Dangers of Debt Consolidation Loans Bad Credit Unsecured Personal Loans for Getting Rid of Bad Credit When Are Personal Loans a Bad Idea?

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If you file for bankruptcy you will have much worse scars than with debt settlement and long - term consequences that are very difficult to overcome if you need to rent a new house, or buy a car, get a loan for your business idea, etc... Scars are not the end of the world, but bankruptcy, on the other hand, may be the end to your financial health for many years to come!

Borrowing money to take a vacation is almost never a good idea; it's bad debt because once the vacation is over, you have nothing tangible to show for it.

However, even a credit card debt consolidation loan may be a bad idea if you can not afford to make the payments.

Being too deep in debt is # 3 on my list of 10 worst money moves anyone can make because it can cost you a fortune (for example, here's why it's a bad idea to make the minimum payment on a credit card.)

I have done some searching, but most of what I have found is that it is considered a bad idea to refinance a mortgage to pay off unsecured debt.

Being a Wise Borrower Personal Loan Scams Unsecured Loan Tips Compute Payments Loan Shopping Bad Credit Loan Information Borrowing Advice for First Time Borrowers Getting the Best Rates Applying for Loans Online Are Unsecured Loans for Consolidating Debt a Good Idea?

Not a bad idea, but just as people have been saying Japan must face its debt demons (for over a decade), people have been saying Japanese stocks trading below NCAV must gravitate upwards (for over a decade).