Sentences with phrase «not take on more debt»

But I'm also wondering if it's a smarter move to remain in a house that's nearly paid off and not take on any more debt since I'm 60 and nearing retirement.

→ Of those that did buy their first home only 57 % did not take on more debt since getting a mortgage.

Economist Steve Keen has shown that at about 150 % private debt to GDP, countries and their populations do not take on more debt.

It can't afford more M&A deals because it can't take on any more debt to fund them.

And companies can't take on more debt, nor can states and cities because they're being badly squeezed by falling tax revenues and rising pension plan shortfalls.

Let's also assume you didn't take on any more debt during that time.

Pay your bills on time, and don't take on more debt than you can handle.

Just be sure that you take the time to select the right card for you and don't take on more debt than you can manage.

Not exact matches

Low interest rates have encouraged corporations to take on more debt despite the fact their cash flows can't support such debt loads.

Taking on more bank debt wasn't an option either, as bankers would have balked at the amount of debt already on Medport's balance sheet.

If consumers are tapped out or wary of taking on more debt, then bank credit can be expanded to the moon and households will not borrow more money.

Karlson says, «You can find buyers who won't care if they can't depreciate assets, maybe because they'll be taking on so much debt tied to the transaction that they don't need any more tax write - offs.

Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incDebt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incdebt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current income.

When you don't have savings to pay for homes and cars and college, you take on more debt.

, author Jeremy Kronick finds Canadian household spending, apart from housing, has not dropped despite consumers taking on more housing debt and draws lessons for policymakers concerned about a hard landing.

But if you aren't putting money toward other goals, you might have to take on more debt to buy a house or buy a new car when your old one breaks down.

While some school administrators may frown on the practice of using borrowed cash for non-school expenses — and taking out student loans for risky investments seems like a great way to graduate with even more debt — per Student Loan Report there aren't any rules against it.

At this point in the real estate / economic cycle, I don't think it is wise to take on more debt to buy real estate.

With lower prices forcing many oil companies to take on more debt, the bankruptcy or closure of one or more major oil companies is not an impossible scenario, and would have major repercussions on oil prices, both in the short and long term.

The Government raised the DTI in order to stimulate home sales by inducing households, who could otherwise not afford the monthly cost of home ownership, into taking on even more debt to purchase a home.

If you have a habit of covering expenses on the company credit card, or are taking out more and more loans to make ends meet, chances are you should be refocusing your efforts on being debt - free and not purchasing the plush commodities you've always wanted as a business owner.

But the banks didn't want to participate in taking on more bad debt.

ADEYEMI RALPH Wenger has taken on a project he can see that after building the new stadium the club doesn't have money to fund his signings so he bought young and had to sell to maintain a profit and not create more debt Now we have have sold most of our houses on the Highbury square and are in a sound financial positons and have money to buy now so he will but only if he finds the right player.

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The proposed $ 8 billion contribution from the state should not entail the MTA taking on more debt which could translate into fare increases, he added.

Love is never as formulaic in real life as it's often made out to be in the movies and The Debt offers a refreshing, (if not a little hard to understand at times) more realistic take on it.

That would theoretically drop your credit score provided that you do not use your increased credit limit to take on more debt using credit cards.

Their hope is that you'll take on more debt throughout the year, and therefore pay more interest from late payments, generating extra revenue that increases the bank's bottom line — a plus for shareholders, but not necessarily for bank customers.

In general, it's not a good idea to take on more debt such as an auto loan or a new credit card within a year of buying a home.

Don't open any new lines of credit, either — you don't want your lender to think you're ready to take on more debt on top of the loan when you're buying a home with bad credit.

DO N'T use your new card to take on more debt — If you're worried that you'll be tempted to spend more because of your new card, you may be better off staying put.

If you're not a heavy spender, having to charge $ 4,000 in purchases to snag 40,000 bonus points might mean taking on more debt than you normally would.

The simplest way to do this is to pay down your current debt and not take on more.

They don't want to go broke, and that is far more likely in an indebted economy, where the debts are layered, and the government does not want to take on more costs because they are too indebted already.

Consider this: after purchasing a house and taking on a mortgage, you indeed have debt — but, (1) it is long term debt, not short term debt, with more time to pay it down; and (more importantly)(2) you now also have equity — the house and property itself (which has value that hopefully will increase over time — tax free).

By far, our biggest mistakes were taking on too much debt and not investing more in our 20's and early 30s.

That leads students to take on more debt than they can potentially repay to get degrees that might not help them get jobs when they graduate.

An unsecured creditor takes on more risk than a secured creditor because it does not have the ability to seize an asset right away if a borrower fails to repay the debt.

Avoid excessive inquiries - A large number of inquiries occurred over a short period of time may be interpreted as a sign that you are opening numerous credit accounts due to financial difficulties or overextending yourself by taking on more debt that you can or can not easily repay.

As long as you can justify a future profit margin and benefit to taking on more debt, you shouldn't have a problem with approval as long as other requirements are in place.

However, buying a property is not necessarily more economically secure, Rollwagen says — particularly for lower income earners who take on large debts and therefore become vulnerable to changes in interest rates.

I took on more debt than I could pay back AND I could have gotten a similar education (if not better) at an in - state school.

If you don't have an emergency fund or back - up plan, you may find yourself taking on more debt to stay afloat.

The question an astute investor may wish to pursue is whether or not corporations will even be positioned to take on more debt to buy back their shares going forward.

Both private equity and venture capitalists can be more expensive than your typical business loan — investors tend to want a higher return — but it could be worth it if you don't want to take on debt.

Once you make a debt payment, you can't «withdraw» without taking on more debt.

Taking out more credit is usually not a good option if you are struggling to pay essential bills, or are already missing payments on your debts.

You wouldn't be taking on more debt, the interest on your current debt would decrease significantly (if not completely), and you can work out a repayment schedule that fits your budget while still taking care of your everyday expenses.

I myself have about $ 48,000 in student loan debt, and about $ 30,000 in collection fees, my loans was the Alaska state student loans, I get harassing calls all the time, I have my Alaska PFD garnished, they took away my state pharmacy tech license so I could not work, they said if I brought my account up to par (several thousand dollars paid asap) I could get it re-instated with requests and appeals, they send me letters saying they are going to garnish my wages, seize bank accounts, and basically put me on the street, one of the representatives on the phone told me after I asked her what people do when they cant afford a $ 1500 monthly payment or more, she said «you need to get 2 - 3 jobs then now don't you» my credit is ruined, if I get a job I face garnishments and bank account seizures, I also have been in the process of filing for disability due to my medical issues, and just simply cant pay the debt, what can I do?

Debt is not the end of the world as long as you're smart about it, stick to your payment schedule and avoid taking on more than you can comfortably handle.