Debt

Term debt, on the other hand, refers to debt that is due within a year. There are two ways to look at long-term debt: through the lens of the issuer’s financial statements and through the lens of financial investing. Long-term debt issuance and its accompanying payment obligations must be included in financial statement reporting. Investing […]

For purposes of this definition, “household debt” refers to all household liabilities (including non-profit institutions servicing families) that need repayment of interest or principle in the future. Loans (mostly home loans and consumer credit) and other accounts payable are included in the debt total. Percentage of discretionary income is used to quantify it. What is

When comparing a company’s total debt and assets, the long-term debt to total asset ratio is a measure of a company’s ability to repay its debts. The amount of assets that a company would have to sell in order to pay off its long-term debt is what this metric measures. Short-term (due within a year)

lenders prefer a lower than 36 percent ratio of debt to income, with a maximum of 28% of the debt going toward mortgage payments. How is household debt ratio calculated? How much money you make compared to how much you owe is known as your “debt-to-income ratio” (before tax income). If you’re worried about being

IC System Inc., a debt collection service based in Saint Paul, Minnesota, was founded in 1938. There are a number of industries in which it collects debts on behalf of its clients: healthcare; dentistry; educational; utilities; government; financial services; and small to medium-sized businesses. When it comes to collecting debts, IC System is much like

Debts that may become bad debts in the future are known as dubious debts. When it comes to an open invoice, you may not even know which one qualifies. What is the meaning of doubtful debts? To put it simply, a corporation or individual can’t collect on a “doubtful debt”. Disputes about supply, delivery, the

Investments in mutual funds fall into three categories: equity, debt, and hybrid funds. Generally speaking, investors with a high risk appetite should participate in equity funds, those with a moderate risk appetite should invest in debt funds, and those who want the best of both worlds should invest in hybrid funds. Equity Mutual Funds and

It is essential for business owners to tap financial resources in order to grow. Debt and equity are two of the most common forms of funding available to small business entrepreneurs. “Debt” is a kind of borrowing money that must be repaid with interest, while “equity” is a form of raising money through the sale

On behalf of other corporations and banks that have defaulted on obligations, ERC Collections or Enhanced Recovery Company (ERC) tries to collect on those debts. It’s possible that ERC Collections was mentioned on an account that was sent to collections after your original charge-off. Even if ERC Collections has contacted you about an account, you

Government borrowing and unpaid interest is referred to as the federal debt. For the most part, the government gets its money from taxation, but when that isn’t enough, it has to borrow the remainder of its money. Using this analogy, it’s like a family taking out a loan each month in order to pay their