Sentences with phrase «to rack up more debt»

This is the most important question because you should pursue a balance transfer only if you won't rack up more debt on the old card.

If you stick to your budget, you shouldn't have a problem avoiding new debt, but it should be emphasized: do not rack up more debt.

You know exactly when your loan will be paid off, and you'll remove the temptation of racking up more debt by getting the credit card out of the picture.

She said the temporary hit to your credit score is less harmful than the risk of racking up more debt with the additional cards.

Additionally, you may want to keep your old rewards credit cards instead of canceling them — just avoid racking up more debt on the old cards while you spend with newer cards.

But the loan forgiveness, if it happens, could be viewed as a pot - sweetener for county officials hesitant to rack up more debt on the 23 - year - old arena.

The ones who racked up more debt in 13 years than previous governments did in three centuries.

In addition to not being able to pay down rotating bills, consumers are increasingly racking up more debt on multiple accounts and holding higher amounts on each card, every year with the average amount reaching higher than 10k per card.

Conversely, if you are already in «bad debt» then maybe you feel bad about your situation, and just keep racking up more debt to make yourself feel better — you become apathetic of your situation.

Yahoo says that the app is designed to help individuals achieve their financial goals without racking up more debt.

Just be careful not to use your now zero - balance credit cards to rack up more debt, or you'll eventually be right back where you started.

«The facts are that Ed Mangano has raised taxes 20 percent over the past two years by mismanaging the assessment system and racked up more debt than we have ever had.»

It might, but only because we shoppers will reach for our flexible friends, piling the pounds on our credit cards, racking up more debt that will have to be paid back over time.

But if you don't, it's easy to rack up more debt and a mountain of interest.

Maintaining good credit is a necessity in our society and during troubling times, people tend to rack up more debt and fall behind.

After all, the last thing you need to be doing right now is racking up more debt on your credit cards so there should be no problem with cutting them up.

How many of us really have the discipline, once our monthly payments are lowered, to pay off debt rather than spend the extra money and rack up more debt?

It can be very easy to rack up more debt on your card than you can afford to repay, so it's important to stay in control.

Before giving up and racking up more debt, get the creditor on the phone.

You'll never get out of debt if you just transfer balances and then use the paid off card again to rack up more debt.

It will only encourage you to rack up more debt and give you a false sense of security.

If you transfer your balance to a new card, consider deactivating the card and just pay off the balance so you're not tempted to use it to rack up more debt.

A good thing to do is to cut up your old credit card to take away the temptation to use it and rack up more debt; also it is advisable to set up a direct debit from your bank account to pay off the debt on your transfer credit card to make sure that you do not forget to cover your monthly payments.

Today's remaining cardholders are less likely to rack up more debt than they can quickly pay off.

If you fail to meet your card's terms and conditions, don't pay your debt down before your 0 % APR offer expires, or use your card to rack up more debt, you may end up worse off than when you started.