February 14, 2010
- Is Debt Consolidation the Best Way to Go and If So How Should I Go About It?
awise0204 asked: Like I am in about $20,000 in debt and I was thinking about consolidating all of it into one monthly payment. If I do decide to do it, I really would like to know how everything will show up on my credit report after everything is said and done.
- How is China buying our debt if they are one of the poorest countries on earth?
pearbear asked: China is supposedly buying more than 1 trillion of our current debt. I am aware that we have a trade deficit but it is no where near that amount. So how are they buying our debt? Or are they?
- How can i settle my debt with multiple creditors harassing me every week?
mixed & beautiful asked: I owe about 2 grand of debt to different debt collectors. I work and attend college like most young adults my age, but does not make a lot of money every 2 weeks. I really want to get rid of my debt but does not know the best way how. What [...]
- How have countries converted public debt in the past?
T asked: Charles P Kindelberger mentions in Manias, Panics and Crashes that large-scale conversions of public debt occurred in 1822, 1824, and 1888. He also says interest rate declines were associated with the public debt conversion. Which countries have converted public debt and what did the creditors get in return? Is it [...]
- You hear about credit card debt all the time. What do you do when the debt is medical bills?
blueunicornapopka asked: Most of my debt consists of medical bill leftovers (the amount after insurance) that has gone to collection. I have not seen anything that deals with those types of bad credit. They say medical is not supposed to affect your credit but it does.
- How much debt is a plastic surgeon in after college?
Vampires rose asked: After taking all of the schooling and the years of residency and everything then your off on your own making your own money and fixing people up, how much debt will you be in after all of those years of taking out loans to get where you want to be?
Oh its [...] - How do you determine total debt for for debt ratio?
Sarah R asked: Im having trouble determining the total for the debt ratio of total debt divided by total assets. I need Wal-Marts total debt, but not sure what categories on the balance sheet are included. Do I add total current liabilities, long term debt, long term obligations under capital leases, deferred income taxes and [...]
February 13, 2010
- How long after a debt has been created can a creditor report to the credit bureau?
Avery S asked: I had some medical bills from 4/10/01 that I didnt not pay in full. I was harassed for awhile by collections and then left alone. This debt was never reported on my credit record and has never showed up. Today on 2/14/2007 (6 years later) I receive a letter from a collections [...]
- How was debt and debt remission used by incoming kings to consolidate their power?
dnzndams425 asked: How was debt and debt remission used by incoming kings to consolidate their power? Why was this practice so important? What kinds of things do politicians promise today analogous to the practices of old? What is the 21st century “debt remission?”
- How much debt is allowed to enlist in the air force?
H asked: I was wondering what the debt limit is on enlisting in the air force. I know that they can deny someone for too much debt. So what is the max debt allowed?
- How much of the national debt was carried over from the Bush Amdinistration?
bdozen13 asked: Bush took office 9 years ago with a financial surplus left by Clinton. In the eight years Bush was president our national debt went up almost three times what is was when he took office. The Obama administration is now showing the greatest national debt in our history. That debt includes a great [...]
- What debt reduction /consolidation agency that will give high discount to help pay off credit card debts?
hayati k asked: I need help with paying off my credit card debts. There are so many debt reduction /consolidation agencies that I don’t know which one is good/authentic and will give the best rate (discount). For those who had gone through this experience, please advise. Thanks.
- does disputing a debt on your credit report re-start the statue of limitations?
yahoo ID 89523 asked: I disputed some items through Experian and Equifax. Does simply disputing the debt re-start the 7 year count down?
Thanks. - How much debt is too much when you want to apply for a home loan?
cdp224 asked: I would like to apply for a home loan, but I have some credit card debt. I have good credit - never missed a payment, never been late, etc. I just don’t know if having credit card debt will cause me to be declined.
- What happens when a debt goes to a lawyer for debt collection?
wittygee asked: I have been out of work for a while and became unable to pay on a credit card debt. It has been about 90 days since my last payment and I just got a letter from a law firm stating they will be pursuing collecting the debt. I am still out [...]
- How can I get a debtor to remove a settled debt off credit report?
Kee Kee asked: I filed my taxes today and included a 1099c form for a credit card debt of $10,107. Now that this debt is paid, how can I get the credit card company to remove this from my credit report so my credit score can go up. All of my bills are paid [...]
- How much debt would it take for you personally make the decision to file bankruptcy?
dee b asked: I know bankruptcy should be a last resort but some people have different personal limits. I would like to know your personal answer.
What’s the least amount of debt it would take for you to make the decision to file bankruptcy? And what is your annual income if you don’t mind? - How does the debt collection process work on an unsecured loan?
Wildfire asked: I am 105K in debt(mortgage, student loan, car and the unsecured loan) and lost my former job due to lack of work. I got a new job but I am out 15K/yr. Through much juggling, I am paying off everyone except the unsecured loan on which I am paying 30/month(they want 260/mth) and [...]
- What is the most debt you have eliminated in a year?
TwinkaTee asked: I need some motivation people! I want to commit to reducing my credit card debt this year; but, it seems a bit overwhelming. Please share stories of how you reduced your debt. Maybe that can psych me up to keep sacrificing and paying off these debts. Thanks!
- How can bush doubling the debt in 8 years be good, but obamas spending is a disaster?
Oliver North Cocaine Smuggler asked: Well, reagan/bush sr quadrupled the debt from 1 to 4 trillion. Bush jr doubled the debt from 5.7 trillion to 10.7 trillion in 8 years.
Do you get sick of hearing these idiots complain about obama spending 787 billion and saying it will lead to massive hyperinflation?
It is pointless to reason [...]
