Sentences with phrase «worse than credit card debt»

I had about 9K in federal student loans in1999 and it ballooned worse than credit card debt!

For some consumers the effect of auto debt is sometimes worse than credit card debt.

I think it's even worse than credit card debt!

Not exact matches

Best for: people who can no longer make their minimum payments each month, or owe more in «bad» debt (e.g., credit cards, personal loans, etc.) than their annual income.

A credit card application, for example, is weighted «worse» than a mortgage loan application because debts on credit cards can increase over time, until they become unmanageable.

You may want to consider other options if you owe more than your annual income in the form of «bad» debt (e.g., high - interest credit cards or payday loans), you simply can not make minimum payments on time, or a debt management plan can't reduce your monthly debt payment to a manageable amount.

Best for: people who can no longer make their minimum payments each month, or owe more in «bad» debt (e.g., credit cards, personal loans, etc.) than their annual income.

For example, a bad credit home loan mortgage debt refinance at 10 % is still better than paying 22 % on your credit cards.

Banks treated young adults differently than those older; they issued credit cards without verifying ability to pay, which left some young people mired in debt or trapped with bad credit due to non-payment.

In some cases consumers struggling with thousands of dollars of credit card debt are left worse off than before they signed up to get help with debt.

When we talk about debt, most of the time we're referring to the «bad» kind: student loans with balances greater than your annual salary, or consumer credit card debt.

When a credit card account has been delinquent for more than 180 days, banks will charge off what is owed as «bad debt» and sell the account to a debt collector who will call, harass and even sue if the past due balances are high enough.

Even when securing a debt consolidation loan with bad credit, the loan sum is enough to clear all of the card balances and because the interest rate is smaller, and the loan term is longer, the size of the required monthly repayment is much lower than the combined minimum repayment sums.

South Carolina has an average credit card debt lower than six of the states in the top 10, but the fourth worst deposit rate in the country, landing the Palmetto State among the worst states for saving.

You may want to consider other options if you owe more than your annual income in the form of «bad» debt (e.g., high - interest credit cards or payday loans), you simply can not make minimum payments on time, or a debt management plan can't reduce your monthly debt payment to a manageable amount.

Just barely lower than Alaska's credit card debt, New Jersey has the second - highest average credit card debt in the nation, which is the leading cause for the Garden State's position on the worst - states - for - saving list.

Whether you have experienced a job loss, an illness, or just made some plain old - fashioned bad financial decisions, you may find yourself in the all too common situation of having more credit card debt than you can afford to pay.

If you simply roll your personal loan, medical, or credit card debt into a single account and continue spending the way you used to, you could end up in the same situation or worse, with even more debt than before.

Nothing is worse for your record than having a credit card amount or other debt payment reach default, and having the debtor pass the debt to a collection agency.

The only thing worse than not getting the full match is using your 401 (k) for credit card debt!

Bad credit can happen to anyone after a few missed payments or biting off more debt than you can chew, but responsible use of a credit card can actually help to rebuild your credit.

It's almost like we — the twenty - and early thirty - somethings — are coming of age at some weird potluck of every social issue staring us in the face: food insecurity, epic natural disasters, stock market crashes, three wars, droughts worse than the Dust Bowl, banks getting away with robbery, extreme poverty, corporate - purchased elections, rising childhood obesity, rising deficit, salmon run extinctions, flocks of birds dropping out of the sky, college debt surpassing credit card debt, you name it.

Having to Be Responsible for Debts You Forgot About (or Didn't Know Existed)-- There is nothing worse than finding out months (or years) after your divorce is over that you have a credit card bill in your name that was never dealt with in your divorce.

But once the economic downturn stripped houses of half their value, the one - time happy abode became the hot potato that no one wanted in a divorce because it came with a mountain of mortgage debt — «worse than credit cards,» Sigman said.