Sentence examples for devastating credit from inspiring English sources

"The success of this approach is going to be heavily dependent on how aggressively and intelligently it is implemented," he says, emphasizing that a new, 10-member regulatory council authorized by the bill will have to be vigilant and tough to prevent the nation's giant banks and investment houses from pulling America into yet another devastating credit crisis.

It said the rating reduction would be followed by more "devastating credit rating cuts" and global financial turbulence if the US failed to learn to "live within its means".

This might have led to an even more devastating credit crunch where banks could not lend at all and borrowers could not borrow.

14. Mall Madness -- a game that it supposed to teach you how devastating credit card debt can be which was a lesson that clearly didn't resonate with me or my gambling addiction.

The news, which was seen as a sign of how devastating the credit crisis has been, even for those with assets once considered relatively low-risk, sent shock waves across the European market.

Accurate negative information cannot be removed from your credit report, and companies that claim to be able to "cut your debt in half" may be using tactics, such as settling your debts with creditors, that can devastate your credit rating.

See how far you get when I save the country from a devastating credit-destroying debt default, keep tens of thousands of government workers on their jobs, and introduce debt-free money without the use of the loathed Federal Reserve -- your Tea Party supporters ought to like that!

Iceland's banks collapsed at the height of the global credit crisis, devastating the country's economy and leaving it dependent on a $10 billion aid package led by the International Monetary Fund.