Sentences with phrase «larger debt problem»

High interest rates and fees can make a financial emergency into a much larger debt problem that can be hard to escape if you aren't careful.

With outstanding student loans well over $ 1.4 trillion and affecting more than 90 million Americans, student loans have quickly become American's largest debt problem.

Not exact matches

Last week, Illinois AG Madigan told a congressional committee that these scams are the result of a larger problem — too many former students are having a hard time paying down their student loan debt.

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

Will this create even larger problems to come, by making the costs of living even higher as labor and industry become even more highly debt leveraged?

To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).

The problem with all this is that when large banks are funded by so much debt (and so little equity) they're in much greater danger of insolvency during an economic downturn.

For borrowers, more debt means larger monthly payments and that can lead to DTI problems.

The more austerity, the larger the deficit, which is compounding the debt problems of peripheral nations.

(or at least to be rid of the debt that is worth eliminating) A problem with this method is that it can be hard to motivate oneself to keep saving money and paying of the debt if the debt with the highest rate is large and take a long time to pay off.

I owe my family a large debt of gratitude for their encouragement, reassuring me that the questions I perceived troubling Ted Brown are present - day problems.

The US has severe structural problems its must address in regards to its debt, but the Chinese have been selling US bonds since 2009 in large amounts.

However, throughout the second half of the 20th Century, national debt and public sector borrowing emerged as a structural problem in most developed economies, with large deficits being run year after year, as the role and «size» of the state has grown.

The all - consuming Washington, D.C. wrangling over debts and deficits, spending and taxing is excluding a large reality of how these financial problems can sensibly and fairly be addressed.

Neumann said in an interview that to win he must clearly articulate a plan for solving the nation's debt problem because no other issue looms as large with voters.

Problem: Perhaps you neglected to build a large emergency fund to focus on getting out of debt, paying for family activities, or simply living a paycheck to paycheck lifestyle.

Student loan repayment is a serious problem for graduates who find themselves facing large amounts of debt just as they are trying to start their lives.

While this premise has long been under debate and is now even more so as college tuition continues to rise, the loans can result in problems even larger than a mountain of debt.

If a borrower had a large student loan debt and tried to repay it for 10 - 15 years, but had problems finding full - time work that would allow them to keep up payments, that might resonate with a judge.

Your debt is only a symptom of a larger problem which is uncontrolled spending or trying to live beyond your means.

The magnitude of this problem is, in fact, rather large and has led billions of dollars of student loan debt to be misclassified as nondischargeable.»

However, if your debts are large, and if even cashing in your RRSP won't solve your problem, you need to consult with a licensed insolvency trustee.

It basically appears like student loans are fast becoming the next «ticking time bomb», similar to the mortgage debt problem which eventually led to the collapse of many large lending institutions, and paved the path for what has come to be called the «great recession».

There are a numerous options for consumers who want to start getting their finances under control after accumulating large amounts of debt, which could inevitably lead to credit problems further down the road.

A smaller amount of debt can be a much larger problem than a bigger amount that is longer.

Interest regarding loans is one of the largest problems, because it can extend the life of a debt by thousands.

There are different methods that can be used to find a debt elimination program and if your past credit history reflects a large amount of negative activity, you should have no problem getting approved for the debt elimination program.

During the primaries, Vermont Senator Bernie Sanders found the debt problem large enough that he made it a focus of his platform.

From mental health issues to family breakdown and homelessness, we're all affected by the large social costs that problem debt creates.

In addition, Carlson said that taking on a large amount of student loan debt might lead to a financial disaster, especially if you already have previous debts, get laid off, encounter health problems, or other unprecedented circumstances.

Small crises are another thing — the government seem to help, but merely builds up the problem of bad debt for a larger crisis.

In the last year or more, credit cards and the laws that govern the industry have come under serious scrutiny due to the large amounts of individuals and families facing serious debt problems involving credit cards.

Using humor, satire, and perturbation to comment on serious problems that effect the art world at large, Andrea Fraser has helped create a dialogue around systemic issues, paving the way for groups like W.A.G.E. (established in 2008) that advocates for a more equitable distribution of the art world's economy (i.e. fair wages for artists), and Occupy Museums, an activist group that sprung from the Occupy Wall Street Movement and that made an instillation about artist's debt at the 2017 Whitney Biennial.

But, given the host of competing problems — a deep economic recession, the urgent need for health care reform, geopolitical instabilities in the Middle East and elsewhere, soaring federal debt, and so on — selling the electorate on a set of fundamental changes in the way we consume and produce energy in the short run — and congressional appropriators on making the large investments needed to bring these changes about in the long run — will be a tough task, even for Barack Obama and his newly appointed team of highly competent advisers, and a Congress that has given every indication that it will take up and give priority to climate legislation.

Painful struggles with increasing firm overdrafts and personal debt are symptomatic of underlying structural problems with the profession, and the cash flow challenges facing many firms are just another indicator that it's time to get out before the interest rates rise and bankruptcy looms large.

However, as the couple starts to accumulate large amounts of debt, especially credit card debt, and neither party feels that they should be the one curbing their spending, marriage problems often surface.

Student loan debt remains a large problem, and it's grown rapidly in the last decade.

Without economic growth, the large budget deficit and debt problems will continue to worsen.