Sentences with phrase «debt you risk ruining»

Student debt can become a heavy burden but if you default on your student debt you risk ruining your credit.

Not exact matches

If FUBU had failed, he explained, at least he wouldn't have run up huge debts just to live, and run the risk of going bankrupt personally or ruining his credit rating.
Reduce financial risk: Paying off credit card debt saves money and reduces the risk or ruining your credit should you become unable to pay your debt.
Without loan guarantees, private banks would charge high premiums on debt to compensate them for the technology and scale - up risks inherent in first - of - a-kind project — and these capital costs can ruin project economics.
With this much leverage, your Debt Coverage Ratios can potentially get very thin, and multiplying this across an entire portfolio of properties financed in such a fashion, the risk is very high that a confluence of issues with the economy / rents, large capital repairs, high vacancies, etc., can bring down the house of cards and ruin your credit for a long time.
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