Sentence examples for exceeds credit from inspiring English sources
Graduates have on average $24,000 in debt, he said, and college loan debt for the first time exceeds credit card debt.
It also extends tax breaks for research and development and interest on student loans: this is important as student loan debt now exceeds credit card debt in the United States.
At a time when student debt exceeds credit card debt, he said, Congress needs to address a looming student debt challenge by taking action to stop the interest rate on student loans from doubling.
The estimated $1 trillion owed on student loans exceeds credit card debt, leaving 2010 graduates with an average debt of more than $25,000.
Student loan debt now exceeds credit card debt in the United States, creating an immense burden that will last years after graduation.
USA Today reports: Student loan debt exceeds credit card debt in USA, Total student loan debt exceeds total credit card debt in this country, with $850 billion outstanding, according to Mark Kantrowitz, publisher of FinAid.org and FastWeb.com, websites that provide information about student aid and scholarships.
Student debt in America exceeds credit-card debt.
Fees for exceeding credit limits.
Citigroup said the only reason it would raise rates or fees would be if customers paid late, exceeded credit limits or bounced checks when paying.
Earlier this year, the OFT ordered card companies to reduce penalty payments from £25 to £12 for customers who fail to pay their credit card bill on time or exceed credit limits.
But the numbers are nonetheless worrisome, said Rachel Bell, a director of analytics in FICO's global scoring solutions business, because they mark the first time the mortgage default rate for this category of borrowers exceeded credit card defaults.
