Debt

Is it ethical to file for bankruptcy? What does the Bible have to say about debt forgiveness? The answer to the ethical concerns surrounding bankruptcy and debt forgiveness is likely to be found in our faith for the religious among us. Indeed, the Bible mentions loan and debt forgiveness multiple times, but nowhere more specifically […]

Does the Bible say not to go into debt? “For the love of money is the source of all evil. Some people have drifted from the faith and pierced themselves with numerous griefs because they are greedy for money.” 1 Timothy 6:10 New International Version Is money inevitably a bad thing? Money, on the other

The company’s total debt is used to determine net debt in part. Long-term liabilities, such as mortgages and other long-term loans, are included in total debt, as are short-term commitments, such as loan payments, credit card balances, and accounts payable amounts. What is not included in total debt? The total-debt-to-total-assets ratio examines a company’s balance

, implying that no more payments are necessary. Your loan servicer will want documentation of death from your parent, spouse, or another person you designate. An original or a copy of the death certificate is required. Do you inherit your parents Student Loan Debt? Yes, if you have loans from the federal government. This means

Secured loans, on the whole, allow you to borrow more money at cheaper interest rates, but also put your home at danger if you default. Unsecured loans don’t put your home at danger, but they might be more difficult to obtain and come with higher interest rates. It’s not always up to you to decide

College Debt Statistics A college degree is still worthwhile from a general economic standpoint. A four-year degree “costs on average $102,000,” which means that even when you factor in the typical $30,000 debt that students finish with, it’s still a good deal. Is university worth the money? With the rising costs of attending university, many

When it comes to qualifying for a mortgage, child support is an obligation that counts as a debt. Back child support, also known as delinquent child support or arrearage, is more than a legal requirement. It also qualifies as a negative credit event, which might hurt your chances of getting a mortgage. Here’s how you

A debt security is a form of financial asset established when someone lends money to someone else. Corporate bonds, for example, are debt instruments issued by companies and sold to investors. Investors lend money to businesses in exchange for a certain number of interest payments and the repayment of their principle at the conclusion of

China must keep its currency, the renminbi (RMB), low in relation to the US dollar in order to keep export prices low. Because of their safety and stability, China prefers to invest in US Treasuries over real estate, stocks, and other countries’ debt. Although there are concerns that China will sell off US debt, stifling

Any payments you make to repay a creditor or lender for money you borrowed are referred to as monthly debt payments. Rent is seen as a monthly debt payment as well. What bills are considered monthly debt? Long-term obligations, such as minimum credit card payments, medical bills, personal loans, school loan payments, and vehicle loan