Sentences with phrase «deep debt because»

This is extremely beneficial because they won't have to worry about ever falling into deep debt because they were involved in a car accident and didn't have a good enough policy to cover the repair costs.

Not exact matches

The hedge fund would break even on its debt investment if the Berkshire bid prevails because gains in some parts of its debt holdings, which would be paid out in full, would offset losses in the unsecured bonds it holds, where it would take a deep haircut, the people said.
But instead it gave all the money to the banks, and its claim was that if you give $ 4 trillion to the bank reserves this is going to help the economy, because the bank is going to lend more money to the economy and drive it in, $ 4 trillion deeper into debt.
But it's no surprise because the same man who frowns upon this, also had complete faith in the FFP rules and how the City's, Chelsea's and Barcelona's would be so knee deep in debt and restrictions by now, they would be able to pull off any sort of shenanigans and Arsenal would be the knights in shining armor at the top of the food chain!
His vice gets him in deep with a series of unsavory loan sharks (Alvin Ing, Michael Kenneth Williams and John Goodman), borrowing money from each purportedly to pay off debt to the others, only to flit it all away at blackjack and roulette tables, seemingly just because he can.
Borrowers who fail to cease using their high interest cards after consolidation run the risk of falling even deeper in debt - because they now have both a loan consolidation payment and a credit card balance to pay on each month.
If you are deep in credit card debt it can be hard to get out because interest is accruing almost as fast as you make your payments.
Many families are deep in debt because they began using credit cards to pay bills or buy daily necessities like milk and bread.
Golden Financial Services has spoken about the complex nature of private student loans and how debt validation is possible because of their complex make - up, but this article dives deeper into the subject.
You might even find yourself deeper in debt because you may still be responsible for overdraft fees when the lender tries to complete the transaction.
Many people have gone deep into debt (I'm one of them) because they did not have significant savings to carry them through hard times.
It is very important to think positive about your debt reduction efforts and to stick to your debt reduction plan, because if you quit you will find yourself sinking even deeper into debt and find yourself in a worse position than when you began.
Even worse, a student could end up going deeper into student loan debt than they might have because a step - parent's income disqualified them for aid that they should have received.
Many of those who act on impulses, later on find themselves up to their necks deep in debt only because they chose to ignore what was plain to see.
This can be tricky because it makes you feel like you are making progress towards resolving debt, but unless you're careful, you could be digging a deeper hole for yourself.
It would've been nice if the service was free, but it was well worth the cost because we were just getting deeper and deeper into debt.
Before I was referred to you, I was deep in debt because of a family crisis and I did not know what to do.
It's because for some people who are too deep in debt, paying it off feels like forever, sometimes extending up to the very end.
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.)
Good, but your prior policies fostered debt - based finance, because recessions were never allowed to get too deep, and businessmen rationally chose to finance with cheaper tax - deductible debt, rather than expensive equity, because they concluded that the Fed would not allow big crises to happen.
Now, I understand, having researched this a lot, having coached clients for 15 years or so, many people are deep in debt because of circumstances in their lives, what I call the dreaded Ds: downsizing, a death in the family of the main breadwinner, divorce, disability or disease.
You may wind up in a deeper hole because postponing student loan payments through forbearance increases the debt.
My own story has some similar twists — getting into deep debt (lured by 0 % interest rates) because I had to have the best and brightest for my art festival booth and only participate in the best (expensive) shows around.
You don't want to choose a policy with a higher deductible rate than you can afford because, if you are involved in an accident and must pay the deductible amount, it could put you deep into debt.
This is often a wise decision because the costs to repair a car can be very expensive and you don't want this type of situation to put you deep into debt.
The report, titled «Enhanced Credit Data and Scoring: Deeper Insight into Mortgage Applicants,» notes that consumers used to pay mortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liquidity.
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