Sentences with phrase «take on debt reduction»

Because debt reduction is fundamentally a mental issue, not a financial one, this may be a different take on debt reduction that what you might be used to hearing.

Not exact matches

Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.

It won't be easy considering some of the larger events taking place around us: the ever - shifting European debt crisis, Congress» inaction on deficit reduction, and a general government stalemate here at home.

Ontario has taken an opposing approach: projecting high debt financing costs, creating room for the province to under - promise and over-deliver on deficit reduction.

It can be tempting to take another month to plan out your budget and figure out your strategy before you start seriously working on debt reduction.

As we come to the close of the year, it's a good time to take stock of how much you're assets have gone up, while patting yourself on the back of your debt - reduction success.

Simply by shifting existing debt around to reduce the utilization percentage on individual cards you can expect to increase the score by a few points or more — particularly when bringing all cards to below 50 percent — yet it's going to take an actual reduction in your overall debt to drop that combined utilization to where your score rises significantly.

If you feel strongly that you can continue paying off your remaing loans regardless of how long it takes, save money and focus your «snowball» debt reduction payment on your debt with the highest interest rate!

I think it's important to take the emotional aspect of debt reduction into the equation, because it does have an affect on how you're able to pay off debt.

It can take several months or a year or longer of on - time payments and debt reduction to make a noticeable improvement in your score.

The company uses a complex algorithm to assess not only your lendability, but the likelihood that granting you this personal loan can actually lead to long - term debt reduction rather than serve as a bandage that facilitates taking on even more debt.

Kershaw added that while increased government intervention in student - debt reduction and affordable child care might pave the way for more home ownership among the young, it would take years — and even decades — to see any noticeable effects on a market that is facing the prospect of a ticking demographic time bomb.

(7) «Debt settlement» means any action or negotiation initiated or taken by or on behalf of a consumer with a creditor of the consumer for the purpose of obtaining debt forgiveness of a portion of the credit extended by the creditor to the consumer or a reduction of payments, charges, or fees payable by the consuDebt settlement» means any action or negotiation initiated or taken by or on behalf of a consumer with a creditor of the consumer for the purpose of obtaining debt forgiveness of a portion of the credit extended by the creditor to the consumer or a reduction of payments, charges, or fees payable by the consudebt forgiveness of a portion of the credit extended by the creditor to the consumer or a reduction of payments, charges, or fees payable by the consumer.

When it comes to debt reduction, focus on taking bite - sized chunks instead of looking for a way to eradicate it all at once using expensive alternatives.

However, small - business owners should be cautious because of pressure to increase wages and benefits in a tight labor market, an anticipated reduction in consumer spending, and warnings from lenders against taking on too much debt.