The price for the credit repair plan is typically based on the amount of debt the person is carrying,
with higher debt levels requiring the payment of higher fees for the services.
Japan is often cited as a country
with high debt level which still enjoys the creditors» confidence, which is usually reflected in the interest rate at which a country can borrow money.
He pointed out we are yet to see the new wave of students
graduate with higher debt levels than ever and there are still «serious questions» over how increased costs are impacting on the subjects chosen by students.
From the recent book «This Time is Different,» we know that countries
with high debt levels grow more slowly, and defaul more frequently.
If there is an economic downturn, a company
with a high debt level may have difficulty keeping current with the payment of principal and interest on its loans.
First, companies with lower debt levels within a given industry tend to be more profitable than companies
with higher debt levels that industry, contrary to what the Modigliani - Miller theorems state.