Sentences with phrase «debt leads to higher interest rates»

This can be expected to produce a negative trickle - down effect, as higher government debt leads to higher interest rates, lower business investment, and higher future tax rates — possibly on the middle class.

Not exact matches

Irregular income and business expenses could help explain why self - employed individuals have more credit card debt, which leads to higher interest rate costs.

As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»

Most credit cards come with high - interest rates, which could lead to a significant amount of debt each month.

More spending now, paid for by more government borrowing and higher debt, would lead directly to rising interest rates and falling international confidence that would kill off the recovery not support it.

March 30, 2010 • William Galstonover worries that large public debts are likely to lead to higher interest rates and slower growth.

Failing to do so can lead to higher interest rates, late fees, and even more debt.

Situations like these can lead to even more debt, forcing charges on a credit card with an even higher interest rate then a personal loan or missing more work while waiting for money to handle needed car repairs.

This decision can lead to even more debt with high interest rates and extended payments that seem never end.

Situations like these can lead to even more debt, forcing charges on a credit card with an even higher interest rate then a short term tax refund loan or missing more work while waiting for your refund to arrive so you can handle needed car repairs.

Failing to be able to pay back your tax refund anticipation loan on time can lead to high interest rates, late fees, and even more debt.

Situations like these can lead to even more debt, forcing charges on a credit card with an even higher interest rate then a cash advance or missing more work while waiting for cash to handle needed car repairs.

Failing to do so can lead to high interest rates, late fees, and even more debt.

This is important because failing to repay your tax refund anticipation loan on time can lead to high interest rates, late fees, and even more debt.

While some financial emergencies can be solved by using a credit card, cards have been a source of financial problems because as a source of existing easy credit they have often been used casually, at times irresponsibly, and ultimately led to people having significant unsecured debt incurring high interest rates.

Rising interest rates can also lead to increased default rates, as holders of adjustable rate debt find themselves faced with higher payments.

That (and the higher interest rates) can lead to some serious debt over time

People are drawn to low interest cards because they know all too well how quickly high interest rates can lead to high credit card debt.

According to a CBC News article, a higher interest - rate environment could lead to a significant increase in Canadian household debt financing, as opposed to consumer spending.

A higher debt load may lead to higher interest rates which will, in turn, affect your overall payment.

This is a significant problem and Rob believes that the current low interest rate environment has encouraged Canadians to borrow more than they should, leading to our very high debt levels.

Do you think it's our current low interest rate environment that has encouraged people to borrow more than they should and that's what's leading to the very high debt levels?

And not solving the root issue of debt can lead to such negative consequences as sky - high interest rates, heavy fees, serious credit damage, legal action - even bankruptcy.

a) run - up in the debt, which may lead to much high costs when interest rates normalize.

This is important because failing to repay your Quick Cash To Go loan on time can lead to high interest rates, late fees, and even more debto repay your Quick Cash To Go loan on time can lead to high interest rates, late fees, and even more debTo Go loan on time can lead to high interest rates, late fees, and even more debto high interest rates, late fees, and even more debt.

An unsecured debt consolidation loan could help simplify your repayment process, but it could also lead to a greater amount of debt in the long run due to the high interest rates.

Situations like these can lead to even more debt, forcing charges on a credit card with an even higher interest rate then a short term loan or missing more work while waiting for money to handle needed car repairs.

That, in turn, could lead to an explosion in U.S. government debt and pave the way for higher, economy - dampening interest rates charged to businesses and consumers.

As discussed last month, this is a bit of a too much of a good thing crash all around — tax cuts into a strong economy sending inflation and interest rates high enough to lead the Federal Reserve to (potentially) over react and raise rates too high, causing a recession and growing debt issues as the government refinances debt at higher rates, all while a tax cut reduces federal revenues.

Using plastic on a regular basis can lead to debt and high - interest rates.

If your medical debts go into collection, your credit score can take a hit — possibly leading to higher interest rates and being unable to secure new lines of credit.

The combination of a negative consumer savings rate, high consumer debt, and likely interest rate hikes could lead to a substantial drop in the U.S. stock market, he said, but the Federal Reserve Board would most likely soften the blow.