Sentences with phrase «over smaller amounts of debt»

Not exact matches

Further reinforcing my thesis that the average household has largely reached a point of «saturation» on the amount of debt that it can support, the Federal Reserve reported that credit card delinquencies on credit cards issued by small banks have risen sharply over the last year.
Typically, this is the best solution for people who owe smaller amounts of back taxes (again, less than $ 10,000), as it's far easier to pay back the debt when it's been spread out over a 3 year period of time, rather than requiring the entire amount to be paid all at once.
Our average female client with student loan debt has only $ 282 available each month for debt repayment, so you can see why it's very difficult to service over $ 14,000 in student debt, and all other debts, on that small amount of cash flow.
The idea being that all those small amounts over the course of the month add up to make a significant difference on your debt balance.
Short sales effectively give you power over the direction of your home and they can also get rid of your debt to the bank for a smaller amount of money.
My payments are over $ 900 per month (twice as much as my house payment) and I can't find a job that will even come close to what I currently earn as an automotive tech... This debt also means that I can't even consider getting any kind of small business loan, or saving any substantial amount of money living paycheck to paycheck just to stay current on my payments.
Jaime over at I've Paid for This Twice Already says that it is «small amounts of money saved or earned that are applied directly to debt or into savings before they melt away into who knows where».
I've managed to pay off all my student loans but now this cloud of debt hangs over me and it is a small amount, less than $ 4,000 - It's embarrassing to be in this situation.
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