Debt

Your debt-to-income ratio (DTI) is an important metric that lenders examine to determine if you are financially capable of taking on more debt. It does exactly what it says on the tin: it compares your monthly debt payments to your monthly earnings. When you apply for a new loan, your DTI is used by lenders […]

The Greek debt crisis is the result of the government’s excessive spending practices. Greece’s financial status was stable when it joined the EU in the early 1980s, but it rapidly deteriorated during the next three decades. From 2001 to 2008, the economy grew at a rapid pace, backed by increased expenditure and rising debt levels.

The total national debt due by the federal government of the United States to Treasury security holders is known as the US national debt. The national debt is the face value of all outstanding Treasury securities issued by the Treasury and other federal government agencies at any one moment. The terms “national deficit” and “national

According to publications in The Wall Street Journal and Business Insider, the Treasury Department’s prediction anticipated that by the fourth quarter of FY2018, it would have issued c. $1.338 trillion in debt, based on papers revealed on October 29, 2018. This would have been the largest debt offering since $1.586 trillion was issued in 2010.

Why is America so in debt? The total national debt due by the federal government of the United States to Treasury security holders is known as the US national debt. The national debt is the face value of all outstanding Treasury securities issued by the Treasury and other federal government agencies at any one moment.

Companies, financial institutions, governments, and groups of countries (known as supranationals) that want to issue debt to expand their business or invest in current capacity are all served by DCM teams. Unlike other areas of investment banking, DCM teams can both issue debt (typically bonds) and assist in the syndication process that gets the bonds

Some debt collectors are willing to work with you to get at least a partial repayment rather than nothing at all. Debtors may be able to work out a different repayment schedule or pay a lump sum, which is a more appealing offer. “If you have a big sum, you’re far more inclined to settle

If you owe $5,000 on a car loan and are unable to make payments, the creditor may repossess the vehicle. If the creditor sells the car for $3,000, you’ll owe $2,000 to the creditor. The creditor can then file a lawsuit against you in court for the remaining $2,000 debt. As a result of the

The public debt, which excludes any debt owed to other US government agencies, is money borrowed from outside lenders via financial markets by the US Treasury. Individuals, businesses, pension and mutual funds, state and municipal governments, and foreign entities all receive interest on this debt. The national debt owned by the public at the end

Despite the extensions, Congress has refused to extend the mortgage forgiveness exclusion. Future extensions are doubtful, given that the last pandemic stimulus number was drastically reduced from the original $2 million and ended in 2025. Once the exclusion is gone, we’ll be back to the old standards — Internal Revenue Code Section 61 — and