Sentences with phrase «serious debt problem»

Thus, you can easily lost control over your spending and once find yourself in a serious debt problem.
A serious debt problem is difficult to get under control, and it may take a professional to arrive at the best option.
If you have a serious debt problem that requires a legal solution such as an Individual Voluntary Arrangement (IVA), Bankruptcy or Debt Relief Order, then obtaining further credit (including the use of credit cards) is generally prohibited (an exception might be made if you're self - employed and require a credit card to continue trading).
Student loans are a serious debt problem for millions of Americans.
However, if you have a serious debt problem then there are alternative solutions that will actually reduce the amount that you owe (see IVA, Debt Relief Order and Bankruptcy).
Taking out another loan is rarely the solution to a serious debt problem.
It's a mentality at work — one that blocks out an awareness of how serious the debt problem is.
Often, if clients have serious debt problems but also decent incomes, they will attempt a consumer proposal to settle their debt legally through a licensed trustee.
First, the U.S, and a number of the Euro countries have serious debt problems; and second, the U.S, and many of the Euro countries have dysfunctional governments and government institutions, incapable of credible decision - making.
It can be kinda weird sometimes to talk about your finances with other people, especially when you've got some serious debt problems, but talking about your goals and your progress with a close friend, brother, sister, parent, or someone else you trust and care about will help you stay on track.
Often, if clients have serious debt problems but also decent incomes, they will attempt a consumer proposal to settle their debt legally through a licensed trustee.
Bankruptcy is not the only solution for people with serious debt problems.
But are these serious debt problems?
But if you have more serious debt problems, like maxed out cards, missed payments, or other issues then it's likely that there will be no quick solution.
In the last year or more, credit cards and the laws that govern the industry have come under serious scrutiny due to the large amounts of individuals and families facing serious debt problems involving credit cards.

Not exact matches

Households and individuals who are employed, have decent incomes, own homes and have done everything they feel they «should» be doing now find themselves facing serious, if not insurmountable, debt problems.
Student loan debt is a serious and growing problem in this country.
I didn't intend to write a novel, but looking at the poll, 70 % of so of people are in agreement that there is a serious student debt problem.
Everyone recognizes that debt has become a serious problem.
Debt can be a serious problem.
Aside from the rhetoric, we really don't know whether Prime Minister Harper and Minister Flaherty believe the deficit and debt are serious problems.
If growth were to slow down in the region for a period of time, or if the permissive monetary conditions tighten meaningfully, the rising debt in Asia could become a serious problem.
There can be no doubt that Whitehead's understanding of Descartes involves a serious concern with the Cartesian problem of justifying our belief in realism: Whitehead's debt to tradition is not inconsiderable.
Former prime minister Sir John Major told Channel 4 News: «The debt we have been left - I don't think people realise how serious is the problem the Labour party have left us.
Too much debt can be a serious problem and can cause a lot of extra stress.
However, what happens when money worries become more serious, and you have a huge debt problem?
Credit card debt is a serious problem in the United States as well as other places in the world.
Be sure to keep these points in mind so you can make sure your debt doesn't become a serious problem.
Since the financial crisis, we've endured rumours of a double - dip recession, a downgrade of US debt, serious macro problems in Europe, and the fiscal cliff.
Student loan debt is a serious problem in the USA, so why not make paying it off more beneficial for you?
As you can see containment of debt is a very serious problem, but a problem that can be managed.
Student loan repayment is a serious problem for graduates who find themselves facing large amounts of debt just as they are trying to start their lives.
Ron Kind openly recognizes that «student loan debt is a serious problem
Demos, a public policy organization, released new polling results on college affordability that shows, among other things, that 92 percent of respondents believe that student loan debt is a serious problem in America.
new polling results on college affordability that shows, among other things, that 92 percent of respondents believe that student loan debt is a serious problem in America.
Student debt has rocketed to $ 1.3 trillion in the US and dealing with those loans has become a serious problem for employees who have to use their salaries to pay off their education instead of saving the money in a retirement account or for long - term disability insurance.
Just as you wouldn't want to blindly accept the first treatment option offered for a serious illness without considering other possibilities, you should review the different options available to resolve difficult debt problems before making any final decision.
But the central bank has argued that the likelihood of household debt levels becoming a serious problem remains low and the situation is likely to improve once the economy starts to recover.
Have you ever given serious thought to solving your overwhelming debt problem, but you just can't find time to meet with a Bankruptcy Lawyer?
If you're having a serious problem with debt, I'll bet you wish you had a magic twanger you could pluck and make it disappear.
If you've got a credit card problem and you want to get serious about your debt, you can roll it into a line of credit or something where the interest rate is much lower, or even something simple, understanding that you should pay off the highest interest rate first, just to reduce your debt.
Not only can a debt settlement arrangement cause a consumer's credit score to plummet, but it can also result in serious credit problems for the person years down the road.
While the statisticians can supply us with a plethora of facts and on how much debt Americans are in, the human costs of America's debt problem — though real and serious — are harder to calculate.
For many people, this rotating credit card debt has become a serious problem.
A good step to resolve credit card debt is to seek credit counseling before your problems become so overwhelming it requires more serious intervention.
Now add a $ 40,000 student loan debt, on top of being jobless, and you have a serious problem.
Although these credit cards seemed like «free money,» many people were shocked to find that over time their debt was compounded by fees and high interest rates — a score for the banks, but a serious problem for young, inexperienced credit card holders.
if your debt problems are serious and best resolved with outside help, your credit counselor will suggest that you enroll in a debt management plan (DMP).
But that dream is far from a reality for many of those with student loan debt, which has become a serious problem in this country.
What these numbers show is that Americans, and Minnesotans specifically, have a serious credit card debt problem.
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