Not exact matches
In 1998 you had a rolling crisis of sorts where lots of
little problems (emerging market
debt scares) eventually boiled over into one bigger
problem (the Russian default) and then appeared to be rolling over into foreign markets with the LTCM debacle.
This makes it much harder to deal with
debt problems and leaves the Japanese with
little spare powder if a recession comes.
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.
The U.S. has a short - term
problem of too
little demand and a long - term
problem of too much
debt.
That is a
problem, but it is one that has
little impact immediately as that
debt is still increasing.
Of course, there are terms and conditions to satisfy before any approval can be granted, but there is
little doubt that taking out a
debt consolidation loan is the best solution to the
problem at hand.
Otherwise you may be letting them to dispose of your finances and they may affect your credit score negatively providing
little help to your
debt problem.
What is more, with bankruptcy clearing the decks of
debt, the
debt - to - income ratio is extremely good, ensuring that there is
little problem in having excess income enough to meet the required repayments on a personal loan.
«There is
little doubt in our minds that without the help and expert advice (you provided) we might not have been able to overcome our
debt problem.»
Instead of treating the
problem, often a
debt consolidation loan «has done very
little except just put the
problem off for a couple more years.»
The hope is to provide a new way to assess the creditworthiness of those who have
little or no history of taking on
debt or who have had past
problems with
debt, such as bankruptcy or foreclosure.
Never before have we run up so much
debt in so
little time and the
problem is that we may be close to our credit limit.
Well, I'm astonished to see investors now appear to love INM almost as much as they previously hated it... I guess now the
debt problem's fixed, people have forgotten all about INM's other
little problem... er, it's a classic old media empire, with an apparently never - ending decline in revenues!?
There's
little debate that the financial
problems we face, both collectively in terms of the economy, and individually in terms of our personal finances, are rooted in
debt.
If its something more fundamental like LIBOR rates dramatically increasing like in 2008, or the
debt scenario I mentioned above, thats when I tend to get a
little more cautious and err on the do nothing side, as these are real
problems that affect the underlying economy.
Little known credit card hardship programs offer help for
problem debt — Card issuers don't publicize them, but most have internal hardship programs for customers who have trouble paying their
debts... (See Credit card hardship programs)
Debt problems can be a
little overwhelming so if you feel that you can not manage it on your own, ask help from a credit counseling agency.
And today a Washington Post column by Dana Milbank illustrates one of the big
problems that Buchanan sought to solve: the temptation of legislatures to spend money with
little regard for what two of his students called «deficits,
debt, and debasement.»