Sentences with phrase «risk ruining their credit»

Student debt can become a heavy burden but if you default on your student debt you risk ruining your credit.

And by thinking otherwise, you risk ruining your credit and losing your 0 % APR offer.

If one ex-spouse failed to make his or her share of the joint payment, the other ex-spouse would be forced to make the full payment or risk ruining the credit scores of both borrowers by defaulting on the joint loan.

I can't imagine they would risk ruining their credit score on a rent payment.

Not exact matches

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.

Reduce financial risk: Paying off credit card debt saves money and reduces the risk or ruining your credit should you become unable to pay your debt.

Some things I have considered are: - Not paying the private loans, but my credit will be ruined - Moving to New Zealand and be able to live comfortably with potentially new credit (do I risk not being able to come back to the USA?)

While failing to pay your personal loan carries its own risks (like ruining your credit), it's not tied to the roof over your head.

If the homeowner is unable to repay the loan at some point, he risks losing his house to foreclosure and in turn ruining his credit.

You are at risk of ruining your credit if you go into default (fall behind) on your loan's monthly payments.

Small business owners who co-mingle personal credit with business credit run the risk of ruining both business and personal credit ratings should default occur.

With this much leverage, your Debt Coverage Ratios can potentially get very thin, and multiplying this across an entire portfolio of properties financed in such a fashion, the risk is very high that a confluence of issues with the economy / rents, large capital repairs, high vacancies, etc., can bring down the house of cards and ruin your credit for a long time.