Sentences with phrase «taking on debt»

Taking on debt in the form of student loans and student credit cards is a huge responsibility.

If you're taking on any debt at all, that's got to be the first to go.

-- Why have they started taking on debt in Y0?

Yes, taking on debt can be effective if you want to build good credit quick, but you can also build good credit by keeping a low credit utilization and paying off your balances in full each month.

I've been saying this a long time, but these numbers bear out that it's happening: if a student takes on a lot of debt, he needs to be sure he is going to get a job that males taking on the debt worth it.

Taking on debt has absolute limits and must be done carefully by companies in volatile industries.

So far, for a variety of reasons, companies have chosen to fund these special dividends mostly by taking on debt instead of using balance sheet cash.

We've covered several creative ways to fund your honeymoon, but you still may be considering taking on some debt to make your dream trip happen.

Sometimes, taking on debt is the difference between recognizing opportunity and being too scared to move forward.

You can understand the decision of CEOs not to invest much in the future while taking on debt to buy - in their shares.

Taking on debt you will be unable to pay back in a reasonable time frame is a recipe for financial disaster.

You'll also want to carefully consider taking on any debt as you go forward — especially credit card debt.

While taking on debt to fund a college degree is associated with having a lower net worth, a more complete financial profile suggests a bachelor's degree does pay off in other ways, particularly in terms of household income.

One rule of thumb when taking on debt is never take on debt that will last longer than the value of the purchased item.

If life throws you a curveball, an emergency fund and insurance coverage can help you preserve your retirement savings and avoid taking on debt.

But it's for your own good as well since it can prevent you from taking on debt you may not be able to handle.

Avoid digging yourself into a deeper financial hole by taking on debt you can't afford.

But even the best - laid schemes «gang aft agley,» and it's important to remember that paying for an emergency does not have to mean taking on debt.

Although personal loans can be a less expensive form of borrowing, you are still taking on debt, which, if you are not financially prepared, can be a burden on your finances.

We hope our beginner's guide has helped to ease your fears so you can start taking on your debt with confidence.

Thees are folks who made long - term choices (not just in career, but in taking on that debt in the first place) because our country chose to incentivize relatively lower - paying jobs through PSLF.

Taking on debt through a personal loan, for example, could be a good way to pay for a large purchase (think wedding or car repairs) and student loans are an opportunity to invest in your or a child's education.

You may get hit with an early withdrawal penalty, but it'll give you access to money that's yours, and that's better than having to cover a budget shortage by taking on debt.

If you think that this is unfair and even biased against young people and others who can't establish or repair credit without taking on debt, you're not alone.

«We're thrilled to be working with Equifax to help our residents build credit history without taking on debt,» said Matt Briggs, Founder & CEO of RentTrack.

Today Dee - 1 travels and talks to high school students, who often know nothing about student loans, about living below their means and not taking on debt they can't afford.

The fact remains that the cost is high and taking on debt is typically the only way most students can afford college.

Naturally, an uptick in the cost of borrowing should dissuade Canadians from taking on debt at such a fast pace.

Do you dream of going to college without taking on any debt?

Often, taking on debt is necessary, such as taking out a car loan to get to work every day, which in turn pays the bills.

Finding a way to get that college education is paramount and sometimes that includes taking on debt.

Most alarming for the students who are headed into college and taking on debt to increase their future income was the observation by Chopra:

Taking on debt to cover any taxes is not a smart choice.

The hope is to provide a new way to assess the creditworthiness of those who have little or no history of taking on debt or who have had past problems with debt, such as bankruptcy or foreclosure.

Even if you only have a basic knowledge of how credit scores are calculated, you may be aware of the fact that taking on debt and then paying it off in a timely and consistent manner is generally considered one of the best ways to build good credit, while late and missed payments can show...

Using your rent payments to build credit has many benefits, and topping the list is the fact that it helps you break the cycle of the Catch - 22 of Credit without taking on debt or doing anything you wouldn't be doing anyway.

Understand your program and your income potential before taking on debt.

All of these are good ways to use your savings challenge money if it will prevent you from taking on debt.

Taking on debt for a home or for education has traditionally been a good investment, and largely remains so even in this difficult economy.

Once, building credit meant taking on debt — sometimes expensive debt like a car loan or a credit card with a high rate.

«Many people don't have a budget, don't understand the implications of taking on debt and as a result run into difficulty,» explains Stuart Levings, Chief Operations Officer of Genworth Canada.

It may sound counterintuitive, but sometimes taking on debt can actually strengthen your financial future.

The problem disproportionately affects young people, African - Americans, Latinos and immigrants, many of whom can't establish a credit score without taking on debt.»

By now you will have understood that I am sympathetic to the libertarian position, and I wonder whether the debtors» friends in Congress have a covert agenda, namely to keep those with poor credit from taking on debt even when these debtors are fully informed of the risks and costs and quite willing to bear them.

Over the past several years, some US multinational companies have been taking on debt to pay out dividends.

But what if, instead of getting a mortgage (i.e. taking on debt), you could sell a piece of the equity - just like a stock.

When you have an excess of cash each month you can invest in your future and make purchases without the stress of taking on debt.

To avoid taking on debt when December rolls around, start saving for a holiday fund now.

Although it may not make sense at first glance — taking on debt to pay off debt — if the interest rate on a personal loan is lower than your other types of debt, it may make sense.

That's because credit scores are a snapshot in time, and can change with regular financial behaviors such as opening new credit lines or loans, paying off loans, taking on debt, and making on - time payments (or missing them) as time goes on.