Sentences with phrase «own personal debt»

Make it a priority to pay off personal debt as soon as possible.

Personal - finance technology company SmartAsset.com recently ranked the top 10 U.S. states (and, in one case, federal district) whose citizens have the most personal debt.

Thanks to low interest rates, refinancing student loans can be a solid strategy for managing personal debt.

SEO expert Rand Fishkin offers an honest account of how he went from a struggling start - up with $ 500,000 in personal debt to an online - marketing heavyweight..

An unmanageable load of personal debt can create a long - term nightmare.

Banks can list your company's debt alongside your personal debt — lowering your credit score and loan worthiness.

Having a business line of credit at the bank is a good backup and will help you to avoid personal debt to finance the business, but until you have regular income for the business, it should be a last resort.

The central bank noted in its statement that «financial vulnerabilities in the household sector continue to edge higher,» which is the Governing Council's way of saying that ultra-low borrowing costs continue to put upward pressure on asset prices and personal debt.

Some people, including Bank of Canada governor Mark Carney, are concerned about our personal debts.

Make sure to keep personal debt low or non-existent, and that will aid you in your quest for freedom.

And keep your personal debt nonexistent if possible.

In turn, the average amount of personal debt increased 3.3 per cent to $ 22,837 per person, not including mortgages.

«If you have a lot of personal debt and very little collateral that you can provide to the bank, you may need to find a strong co-signer.»

Make a plan to pay off your personal debts as soon as possible.

Your approach to stocks, bonds, retirement savings and personal debt will vary greatly depending on your personality.

Consider employer demands for two - tiered wages for new hires, a stubbornly high youth unemployment rate, soaring personal debt, the ubiquity of unpaid internships, chronic underemployment of post-secondary graduates, or the growing incidence of youth mental illness.

And they can create this freely by writing a bank account for the borrower; and the borrower signs an IOU, whether it's a mortgage debt or a personal debt to pay off at interest.

The debts that were forgiven were personal debts, agrarian debts, and the idea was to liberate the bond - servants so that they could be available to perform the corvée labor, which was the main kind of taxation in the Bronze Age, and serve in the army.

High - interest personal debt is a great place to start.

Trudeau's minority lasted as long as it did thanks to support from the New Democratic Party (in return for the implementation of some NDP policies), while Harper's was aided by disarray in the opposition Liberal Party — Paul Martin's resignation, a lengthy and divisive leadership convention, and the unwillingness of the new leader, Stephane Dion, to defeat Harper until the Grits had begun to reduce their party and personal debts, and developed new policies (notably the Green Shift).

The only variables he admits are structure - free: The federal government can indeed spend more and reduce interest rates (especially on mortgages) so that the higher mortgage debt, student debt, personal debt and corporate debt overhead can be afforded more easily.

Government debt, household debt, personal debt, corporate debt.

Personal debt financed consumption, at least until the debt's carrying charges began to eat into disposable personal income.

Generally speaking, if your business can demonstrate an ability to make the periodic payments, you haven't declared bankruptcy in the last 12 - 24 months, and are current with your personal debt obligations, you may be able to qualify for a micro-loan from a non-profit lender even if you have a less - than - perfect personal credit score.

In today's postindustrial economy this obligation takes the form of homeowners and employees spending their working lives paying off their mortgages and other personal debts in an attempt to improve or merely to maintain their economic position.

Cutting back government spending will reduce private - sector income, making it even harder to carry the corporate, real estate and personal debt overhead, so the debt problem will snowball.

No assumptions are made about personal debt.

Another group, Citizens for Responsibility and Ethics in Washington (CREW), argues that Trump may have run afoul of rules requiring him to list his personal debts on a financial disclosure form.

An LLC doesn't protect your personal assets from personal debts, but it does protect your business assets.

You can also calculate your own, personal debt - to - equity ratio by taking your debt and dividing it by your net worth.

Glencore (GLCNF) is a key case in point — shares of the mining big plummeted virtually 30 % on Monday as traders feared how it would support its massive personal debt load.

Nonetheless, Canadians trying to imagine how a broad economic downturn could play out should pay attention to what's happening on the Prairies, where high house prices, soaring personal debt levels and an unexpected wave of job losses proved to be a toxic mix.

What life insurance can do for you: Life insurance can repay personal debt such as your credit cards or student loans.

One way lenders assess the willingness to pay is to look at how an owner has handled personal debts in the past.

Canada's heated housing market and near - record personal debt is less of a risk than it was a year ago, but the central bank is not letting down its guard just yet, a Bank of Canada official signaled on Wednesday.

Even worse, any remaining unpaid balance is a personal debt that you need to repay unless you want to get hauled into bankruptcy court.

The miscalculation signifies the personal debt determine for January 2015 also rose by # 2.7 bn, but the deficit will not be afflicted.

You'll also need to have a personal debt - to - income ratio of less than 50 %.

In addition, the higher debt - to - income limit means that people who already have significant levels of personal debt will find it easier to qualify for a conventional loan than an FHA loan.

Well, aside from stagnant wages, the astounding rise in low - paying part - time jobs, and increasing personal debt loads?

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

US consumers also have more money in their pockets because, in general, they have aggressively shed their personal debts and increased their savings rate since the financial crisis.

«When I started my business, I was very fortunate to be in a decent financial, personal financial situation, in that I did not have a lot of personal debt and my mortgage was affordable for my lifestyle...» says Kendrick.

Church members want to give, but they are so burdened by personal debt that tithing is difficult.

The reality is that high levels of debt have become normal in wider society — huge numbers of people have high levels of personal debt and even larger numbers of people, myself included, have a mortgage that well exceeds # 30,000.

As a nation we have a huge amount of personal debt at the moment.»

The longer you wait around to submit, the greater number of personal debt you are going to incur and also the far more devastating the final results will probably be.

Most people are unable to distinguish between his personal debt, or the debt of companies he controls.

Two generations later, his grandson says he carries # 25,000 in student and personal debt.

It's quite open - ended: A lot is said about the national deficit, but in recent years personal debt has also become an acceptable and even expected way of life.