Sentences with phrase «underlying debt problems»
In most cases, debt consolidation is unlikely to solve underlying debt problems.
https://www.debtconsolidation.com/ Not exact matches
The government's failure to tackle the big underlying problem — deep rooted corruption and mismanagement in Brasilia — was «distressing,» said one fund manager who trades sovereign debt.
Many of the key actions lie in strengthening the fiscal system since the country's debt problems are merely symptoms of underlying weaknesses in the way that resources are being raised and allocated.
According to U.S. News and World Report, debt consolidation is a poor choice primarily because consumers think they've addressed the issue and fail to solve the underlying problem, which is financial mismanagement.
The second two items reflect the grim reality that underlying this recession is a debt problem that has to be addressed before the economy can get healthy again.
The consensus seems to be that the bailout is probably sufficient to keep the Greek debt crisis from spreading to other debt - burdened countries, including Portugal and Spain, but it doesn't go nearly far enough to address Europe's underlying economic problems.
Sadly, lowering the maximum a payday lender can charge will not solve the underlying problem, which is too much other debt.
Replacing one debt with another is not a good idea if you still haven't addressed the underlying behavior which got you into the problem.
Once again, you can order your debts in a way that works for you; the important thing is to make progress and pay off your debt in a way that allows you to fix your underlying money problems as you go along.
Simply taking out a debt consolidation loan won't solve the underlying problem.
While a debt consolidation loan may reduce your monthly debt payments, it will not solve the underlying problem of excessive spending.
If its something more fundamental like LIBOR rates dramatically increasing like in 2008, or the debt scenario I mentioned above, thats when I tend to get a little more cautious and err on the do nothing side, as these are real problems that affect the underlying economy.
Painful struggles with increasing firm overdrafts and personal debt are symptomatic of underlying structural problems with the profession, and the cash flow challenges facing many firms are just another indicator that it's time to get out before the interest rates rise and bankruptcy looms large.