Sentences with phrase «then take on more debt»

The private equity angle — a familiar name in the recent flurries of LBOs that collapsed into bankruptcies, including iHeartMedia, Toys «R» Us, Gymboree: Bain Capital acquired Guitar Center in an LBO during the boom in 2007, whereby the acquired company took on a large amount of debt to fund its own acquisition, and then took on more debt to expand further.

Not exact matches

If consumers are tapped out or wary of taking on more debt, then bank credit can be expanded to the moon and households will not borrow more money.

More broadly, the lesson is that it's hard to take an inherently flawed concept like a large regressive tax cut enacted at a time of low unemployment, rising interest rates, and high debt, and then tack on extra provisions that make it workable.

While paying a little more than the minimum every month is good for your credit record (and will allow you to take on more debt at a favourable rate if you chose too), the best strategy for long term wealth building is to pay off your personal debt as quickly as possible — and then start a diligent savings and investing plan.

People in this camp believe that you should take on more debt when you're young and then invest your savings in stocks.

I myself have about $ 48,000 in student loan debt, and about $ 30,000 in collection fees, my loans was the Alaska state student loans, I get harassing calls all the time, I have my Alaska PFD garnished, they took away my state pharmacy tech license so I could not work, they said if I brought my account up to par (several thousand dollars paid asap) I could get it re-instated with requests and appeals, they send me letters saying they are going to garnish my wages, seize bank accounts, and basically put me on the street, one of the representatives on the phone told me after I asked her what people do when they cant afford a $ 1500 monthly payment or more, she said «you need to get 2 - 3 jobs then now don't you» my credit is ruined, if I get a job I face garnishments and bank account seizures, I also have been in the process of filing for disability due to my medical issues, and just simply cant pay the debt, what can I do?

However, if you're the type of person whose blood pressure rises at the thought of taking on more than $ 100 in debt, then homeownership probably isn't for you.

But if you have excessive amounts of debt then you are going to need to take a little more action to reduce the impact this will have on your life, your credit rating and your future.

We'll take a quick break and then be back with more right here on Debt Free in 30.

We're going to take a quick break and then come back and talk a bit more about wage garnishments here on Debt Free in 30.

If you took on student loan debt after you were married, then the division of debt becomes more complicated.

A HELOC can add to debt woes, however, if homeowners take out a line of credit on their home to pay off other debts, then continue to spend more than their incomes justify.

Here's the way I would do it: • Take classes on real estate investing • Start small, as a real estate investor and gain real - life experience • Learn to identify great properties • Use debt as leverage in financing the property Learn to manage the property, improve the property, and increase rents • Then I'd refinance the property, pulling out tax - free capital that • Use to acquire more properties.