Well, aside from stagnant wages, the astounding rise in low - paying part - time jobs, and increasing
personal debt loads?
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.
For example, if you pay off and close a $ 15,000 car loan early,
your personal debt load will drop by the monthly payment amount, but your available credit will drop by $ 15,000.
Not exact matches
An unmanageable
load of
personal debt can create a long - term nightmare.
Drawing on her
personal experience and those of 30 + adoptive families, Julie is the author of Adopt Without
Debt: Creative Ways to Cover the Cost of Adoption — a hands - on guide that contains more than $ 80,000 worth of creative fundraising tips and ideas, plus
loads of interesting and, yes, fun ways to save money for your open adoption.
This site is
loaded with online calculators that help you crunch the numbers on just about any
personal finance issue, such as mortgages, retirement, insurance, taxes, credit cards,
debt, investments, and more.
A mortgage lender or creditor might feel your
debt load is too high to give you the loan you would like for a home or other
personal credit needs.
If you have
debt from multiple sources or existing high - interest
debt, one way to make payments more manageable and to pay off your overall
debt load is to obtain a
personal loan.