Sentences with phrase «riskier types of debt have»
Junk bonds, bank loans, and other riskier types of debt have often been analogized to the canary in the coal mine when gauging the health of global markets.
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High interest debt is much riskier than low interest debt, so determining the type of debt you have will help you figure out if paying it off first is the best strategy for you, explains Felicia Hemby, Certified Financial Educator at cwoenterprise.com.