Not
all debt is a bad thing.
Be up to their eyes in debt, and
debt is a bad thing isn't it George?
While some instances debt is required, such as for the purchase of a new home, in most cases,
debt is a bad thing.
People think
debt is a bad thing.
Not exact matches
«In terms of educating my clients about good versus
bad debt, one
thing I tell them
is that good
debt is deductible on your tax return,» Tydlaska said.
Debt, in and of itself,
is not a
bad thing — it can help you expand, grow, and develop your business, but you need to have a plan to pay it back.
But taking on some
debt is not always a
bad thing,» Cesarini says.
Crockett, who
is bullish on SeaWorld, notes that even if
things get much
worse, the company has a portfolio of properties that, in its IPO filings,
was valued at $ 5 billion; that
's more than two times the current value of its market cap and
debt.
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.
On the other hand,
bad debt is typically incurred to purchase
things that arise out of want, rather than need.
It
's embarrassing that after a crisis that nobody saw, government policy continues pouring on more gas to fuel more speculation to get
things (stocks, real estate,
debt) back to the same place we
were, or maybe even
worse now...
To make
things worse, Canada's economy has
been hit hard by falling oil prices, and investors remain wary of a Canadian housing market that has shown signs of becoming a bubble, as well as rising consumer
debt rates.
The first
thing you must do if you want to become
debt - free
is to take a good look at your financial situation and determine what
debt is good and what
debt is bad.
Outright purchases of unsecured bank
debt remain highly unlikely at this stage given the conflict of interest the ECB
is facing, although other targeted options could
be envisaged, including a reduction in collateral haircuts, eligibility of more risky ABS tranches, or even some targeted purchases of bank loans if
things get
worse.
However the United Nations, as well as other financial experts have said that Greece's
debt is unsustainable, and the methods in which the country
is being forced to adopt
are making
things worse.
Its not about the money he takes out of the club or that he doesn't invest,
being self sufficient
is not a
bad thing to
be... its certainly better than
being loaded down with
debt like some of our rivals owners have done to their clubs.
«The problem of some people living on benefits when they
are able to work» (along with «Britain's overall level of
debt»)
is one of the few
things that many people think would
be worse today had Labour won in 2010.
Mickey tries his best to investigate with the help of his friend Bird (John Turturro) but
things go from
bad to
worse when Mickey gambles the funeral money and
is left with a body he can't bury and a
debt he can't pay as a local columnist (Richard Jenkins) begins to expose the events.
It would
be impossible to overstate the
debt this remake owes to The Shining — which
is no
bad thing given how vastly superior Kubrick's film
was to the original Amityville.
The lesson ends with a discussion around the topics of
debt management, interest and
is debt a
bad thing?
It may
be tempting to make only minimum payments, which
are typically two to three percent of your outstanding
debt, but this only makes
things worse.
Bad debt is debt on ANY depreciating assets, including automobiles, but especially
things like furniture, appliances and unsecured credit card
debt.
As long as you can properly handle
debt, using credit cards aren't always a
bad thing and when used appropriately and balances
are paid on time your credit can improve your score.
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.
Debt isn't necessarily a
bad thing and like most aspects of life, moderation
is the solution.
The first and foremost
thing to do
is to improve your credit profile and try to get out of the
bad debt cycle.
Things like a
bad credit score, difficulty to prove your income (if you
are a self - employed person), or other
debts can
be hurdles when it comes to applying for a mortgage.
Don't know why I only have 1
bad thing on my credit and the
debt isn't that high... 2000 bucks back childsupport plus no
bad credit no credit history
The
worst thing to do
is get yourself into
debt just to build your credit.
Paying down
debt isn't a
bad thing.
The easiest
thing in the world
is to spend 100 % of what you earn or even
worse, fall into
debt.
It
's one of the
worst things you can face when it comes to your student loan
debt - you can't afford your student loan payment.
Others struggle with avoidance and find themselves unable to deal with their
debt until
things become so
bad they
are harassed, subject to a lawsuit, garnishee (jeopardizing employment), repossession, foreclosure and deficiency claims, shortfalls on repossession, foreclosure leaving them few options.
One of the
worst things that you could do would
be ignore your
debt.
The only
thing that
's almost as
bad as
being in
debt is your
debt collectors.
Debt consolidation is an appealing way to simplify your bill paying responsibilities and eliminate debt, but there also is a risk that things could get worse if you don't choose the appropriate method and stay committed to the proc
Debt consolidation
is an appealing way to simplify your bill paying responsibilities and eliminate
debt, but there also is a risk that things could get worse if you don't choose the appropriate method and stay committed to the proc
debt, but there also
is a risk that
things could get
worse if you don't choose the appropriate method and stay committed to the process.
He also said that in this economy, if
things go
bad you can stop investing but you can't stop paying your mortgage so having
debt is risky.
However, the absolute
worst thing you can do if you find yourself falling behind on your
debt payments
is to do nothing.
The
worst thing you can do
is quit your job or take on new
debts while going through a mortgage refinance.
However, there might
be times when
debt can
be a good
thing — or at least a Not So
Bad thing.
«So it looked like instead of accumulating more
debt, which
is something that we would expect in times of trouble, we saw that at a time when
things were the
worst, the
debt actually dropped a lot.»
Debt isn't necessarily a
bad thing.
Whatever happened in your life, whether it
was medical bills, credit card
debt, or some change in life situation that turned your finances upside down, it might not
be such a
bad thing to live within your current means for a while until your life and your income have stabilized.
The purpose of seeking the assistance of a bankruptcy trustee
is to solve a
debt problem — not to make
things worse which
is what can happen if you
are rushed into a decision, or choose the wrong trustee to deal with your
debts.
None of these
things appreciate in value, so they
are bad debt.
If you agree with us that
debt's a
bad thing, something you shouldn't carry, then take a look at what it
is you owe and who you owe it to and start dealing with the highest interest rate
debt first, pound away at this stuff.
Credit cards
are bad debt because the overwhelming majority of credit card purchases
are things that lose value.
To make
things worse, your new rate may not
be much lower than it
is on your current
debts because it
's hard to get a loan with a favorable rate and terms if you have high credit utilization.
There
's no harm in taking on some
bad debt to get the
things you need and want.
Bad debt is when you borrow for
things that don't provide financial benefits or that don't last as long as the term of the loan.