Sentence examples for build up debt from inspiring English sources

Meanwhile, neither of us was paying attention to how easy our bank had made it to build up debt.

They have thus continued to build up debt, leaving themselves vulnerable to rising unemployment, or another stockmarket slide, or a fall in house prices.When long-term interest rates stop falling, mortgage refinancing will slow.

"People can slowly build up debt because an annual standing order or subscription payment for say £20 that they've forgotten about will take the old account overdrawn for which your bank will charge you," says Andrew Hagger, spokesman for the comparison website Moneynet.co.uk.

Interest rates have been exceptionally low for a decade in Canada, leading many households to a build up debt, mainly from mortgages, and major cities like Toronto and Vancouver have seen house prices skyrocket.

After being informed they would be treated as joint claimants under the scheme, Montrose and Colton told Dispatches their claim took so long to process, they were unable to pay for food, rent and other bills, built up debts of £2,500 and eventually received an eviction notice from their landlord.

He said he had left his job with nothing and built up debts which the money from the book would help to pay off.

But as they build up debts, not all these students will be improving their job prospects.

Lax monetary policy allowed Americans to build up debts and fuelled a housing bubble that had to burst eventually.

"But at university you build up debts and realise just how incredibly difficult running your own company can be.

Rent arrears are rising: people in low-paid temporary work quickly build up debts as housing benefit fails to catch up.

This might include spending money a victim had set aside for bills, destroying their property, or using coercion or fraud to build up debts in a partner's name.