Sentences with phrase «household debt accumulated»

However, the bank's statement offset the positives by pointing to potential threats: weakening oil prices that drive down inflation and the significant risks of high household debt accumulated during years of low borrowing rates.

Not exact matches

However, in comparison to households that only hold owner - occupier debt, there is evidence that investors tend to accumulate higher savings in the form of other assets (such as paying ahead of schedule on a loan for their own home, as well as accumulating equities, bank accounts and other financial instruments).

Young college - educated households without student loan debt have already begun to accumulate more retirement savings than similar households with student loan debt.

The model also assumes that the households never suspend saving or debt payments, or withdraw from accumulated savings, except for the two instances (home upgrade and education payment) mentioned above.

Research by financial experts also say that large student loan payments can significantly hurt a young adult's ability to begin to accumulate wealth: «The median 2009 net worth for a household without outstanding student debt was $ 117,700, nearly three times the $ 42,800 worth in a household with outstanding student debt.»

By the year 2005 the average Spanish household had accumulated debt equivalent to 125 % of the combined annual income of its members.

The most encouraging news was that households accumulated debt in the fourth quarter of last year at the slowest annualized pace since 2001, pushing the much - watched debt to disposable income ratio down two - tenths of a point to 164 per cent.

«In this cohort, unprepared households have failed to save sufficiently or have accumulated too much debt,» the report said.

And the wealth gap is also large for households headed by young adults without a bachelor's degree: Those with no student debt have accumulated roughly nine times as much wealth as debtor households ($ 10,900 vs. $ 1,200).

There's no shame in having credit card debt — more than one - third of U.S. households do — but your focus should be on finding low - rate cards and paying off your debt before trying to accumulate rewards.