If countries around the world hadn't run up debts to sustain their economies people would not have lost their credit cards, they'd have lost their houses, their savings and their jobs.
If you have credit cards with high credit limits, and you haven't run up any debt on them, your score will increase.
Some people seem to think keeping them open is better — while you're
not running up any debt on them, while others think even dormant cards could potentially dsmage your rating if you are not using them.
On the other hand, don't run up debt on your old card again or, as we mentioned, on your new card either for that matter as that could be counter productive and leave you with even more debt to deal with.
On the other, card issuers don't make any money if consumers don't run up some debt.
A lower percentage, or the less credit in use, can help to boost your credit score because it means you aren't running up debt and you're paying off your balances.
He regularly went to church on Sunday, didn't run up debts and didn't do drugs.
Not exact matches
And since you probably couldn't afford to take a comparable salary at first, you also faced a variety of unappetizing choices like dipping into savings, or
running up credit card
debt, or borrowing money from your friends and family.
«The population doesn't necessarily get the notion that sovereign
debt is
not something you can
run up without consequences.
For one thing, it is
not running up mountains of
debt.
If FUBU had failed, he explained, at least he wouldn't have
run up huge
debts just to live, and
run the risk of going bankrupt personally or ruining his credit rating.
Don't shy away from sharing embarrassing details, such neglecting to save for retirement or
running up credit card
debt.
You do
not want to put your home at risk with a home equity loan nor do you want to
run up high - interest credit card
debt or dip into money in your retirement portfolio, which you'll need for your future.
«It's a reflection that they went to college and
ran up debt and couldn't find a job.
To paraphrase Charles Baudelaire's quip that the devil wins at the point where the public comes to believe that he doesn't exist, the financial sector's lobbying effort wins at the point where people believe that
running into
debt contributes to economic growth rather than burdens it, and that they will end
up richer by acting as bank customers.
And the fact that joining the euro, means that you're
not allowed to
run a budget deficit to pump money into the economy to recover --- just like America has done --- it's that you have to pay
debts that are so much beyond your ability to pay, that you'll end
up like Haiti did, after it rebelled after the French Revolution.
This is
not the time to be
running up the federal
debt.
All of this doesn't even begin to account for the potential for higher taxes to service and repay the substantial
run up in federal
debt that has taken place already and that is planned for the future.
As we saw with Valeant, non-GAAP earnings do
not pay cash costs, and with ACHC's climbing
debt, it could only be a matter of time before the roll -
up runs out of steam.
Greece should learn from America's folly and refuse to borrow from the ECB to pay bondholders on
debts that have been
run up by
not taxing wealth, especially that of the FIRE sector.
Also, the ECB announced that it would buy
up to 40 billion euro of covered bonds, but that should
not be a big deal for covered bonds are the best collateral so many banks will probably
not be
running for funding posting the highest rated
debt.
Because they're secured, you don't
run the risk of building
up large amounts of unsecured
debt.
Resentment is growing
not only towards those who
ran up the
debts — Iceland's bankrupt Kaupthing and Landsbanki, with its Icesave accounts, and heavily geared property owners in the Baltics and central Europe — but also towards the foreign advisers and creditors who put pressure on these governments to sell off the banks and public companies to insiders.
Resentment is growing
not only toward those who
ran up these
debts — Iceland's bankrupt Kaupthing and Landsbanki with its Icesave accounts, and heavily
debt - leveraged property owners and privatizers in the Baltics and Central Europe — but also toward the neoliberal foreign advisors and creditors who pressured these governments to sell off the banks and public infrastructure to insiders.
First, never
run up debts for consumption (if you need a new fridge, simply save for a while and then buy it, but don't use a credit, in order to get the money for the fridge).
but still
run perfectly on our awesome club philosophy of self sustaining we would have a combined effort of # 20 + billion worth of owners backing us
up in wealth proportions that the same as city owners, its nice to know sometimes that we just have the financial clout behind us even if we choose
not to use it, maybe between the three of them they could pay off the stadium
debt leaving us
debt free, and
running of our own massive resources, this under the ffp guideline is completely fine to do as it stadium expenditure and
not directly investing in to the first team.
Never mind the fact that it's completely abhorrent for a side's future to be indexed to as to how much
debt they can
run up: so there is a lot to be said for being the only Championship side to have had no
debt last season — a position I wouldn't have traded for all the tea in china.
I work too much because I have very little money - was divorced from a crazy husband 11 years ago who destroyed me financially -
not that there was very much, but what little there was gone and he
ran up debts behind my back that made the economics even worse.
They can't easily
run from that without suffering severe consequences, both parties are caught in this game and the build -
up of
debt is just as beneficial to the creditors (and encouraged by them) as it is to the debtors.
It simply hasn't occurred to him that the ability of governments to
run up debt might now be more compromised by capital flows in a globalised economy.
Grimm has formally disclosed his desire to return to Washington, but he won't be revealing how he managed to pay off $ 570,000 in
debt he
ran up during his fall from grace.
Disgraced ex-Congressman Michael Grimm will formally disclose his desire to return to Washington Sunday — but he won't be revealing how he managed to pay off $ 570,000 in
debt he
ran up during his fall from grace.
Ordinary people like you or me aren't the only ones who can
run up debts — governments can owe people money, too!
But remember: if Dad hadn't
run up the $ 25,000 in credit card
debt and paid cash for all that stuff he put on the card, you'd be inheriting $ 25,000 less cash anyway.
The Doe's did
not receive the full credit score impact because of other accounts on their credit reports, including
running up more
debt on Credit Card 2.
Here was my comment on one of the areas where the US situation did
not seem so dire, that of the
run -
up in government
debt:
Debt consolidation programs should only be used if you are committed to not running up new debt on old credit li
Debt consolidation programs should only be used if you are committed to
not running up new
debt on old credit li
debt on old credit lines.
This suggests you are
not wise with your money and just out
running up debt you may
not be able to repay.»
Just don't take the opportunity to
run up new
debts on your paid off cards, or you will defeat the purpose of consolidating your old
debts.
But don't make the mistake of
running up new
debts to replace the
debts you wiped out.
«After the lengthy
run -
up of the past decade, it's encouraging that many Canadians are planning to rein in their
debt, as interest rates won't stay low forever,» Sal Guatieri, senior economist, BMO Capital Markets, said in a release.»
Unlike a debit card, when your credit card is used fraudulently you are
not losing your own money, you are instead having the fraudster
run up a credit card
debt which you can explain to your credit card provider when you report your card missing or stolen or you notice the fraudulent transactions, and your own funds and savings are
not affected.
Don't continue to
run up massive amounts of
debt on any of your credit cards.
While using these strategies is
not without risks, it is a
debt - and equity - free way to get a business
up and
running.
Again, though, caution is in order: If you do use your home equity to pay off your credit card
debt, don't
run up even more credit card
debt in the future.
Fees, managed mutual funds, saving for a house by investing in a managed mutual fund (meaning I took a loss),
running up credit card
debt early,
not exploring career options better in college,
not saving money aggressively... man, I have a lot of mistakes to cop to.
I'm confident that getting to 700 from 690 in six months should be a slam dunk for you, as long as you don't miss any payments or
run up any new
debt during that time.
Of course, this is assuming you won't just
run up more credit card
debt once you've refinanced, so be sure to curb (or better yet eliminate) your card use and / or get in a
debt management program to keep your spending in check.
So even if you have been extremely careful about
not running up your credit card
debt, there's no guarantee that your spouse has been as frugal.
People
run up credit card
debt that they can't pay off right away for all sorts of reasons.