Sentences with phrase «excessive debt load»

A borrower with an excessive debt load will likely have trouble landing a mortgage loan, even if he or she has never missed a single payment in the past.

A borrower with an excessive debt load will likely have trouble landing a mortgage loan, even if he or she has never missed a single payment in the past.

Some individuals can use credit cards for decades with no issues while others incur excessive debt loads resulting in missed payments, penalty fees and interest and finally charge - off accounts or legal judgments.

Policy makers are studying pre-emptive ways to discourage consumers from taking on excessive debt loads, similar to the changes to mortgage lending rules ushered in earlier this year.

Not exact matches

And you'd be surprised, when people are relieved of the psychological load of excessive consumer debt and the demand to keep up, they will (IMHO) look more carefully at resource consumption on a larger scale.

Some are loaded with excessive floating - rate debt that may cut into potential growth.