Sentences with phrase «high debt balances»

The fact is though, having high debt balances also negatively affects credit.

The problem is this can create a cycle of debt that leads to high debt balances that take years to repay and can harm your credit.

** Pro tip: Since student loans are usually a high debt balance for people and a student loan consolidation can lower monthly student loan payments, a loan consolidation can be a great tactic to utilize when debt snowballing.

When that higher interest is on a higher debt balance, it means that you pay more in interest over time, since your interest charges accumulate faster.

Folks who call the Golden State home have the highest Debt Balance per Capita (based on those who have a credit report).

Multiple applications for a debt consolidation loan, and high debt balances, will negatively impact your credit score.

It soon became apparent that clients needed to address their high debt balances before DTS Financial could put together a sound financial plan.

Credit report errors, high debt balances, and an insufficient downpayment may be corrected with time.