Debt

Please check out your credit report. Checking your credit record is the first step in determining whether or not you owe money. The three major credit agencies — Equifax, Experian, and TransUnion — each offer a free credit report every 12 months through AnnualCreditReport.com, which you can see once a year. How do you know […]

I had to get my finances in order before I could make any progress in the battle against my debt. My debt wasn’t accumulated overnight. Years of poor financial decisions were to blame. Spending time with friends and shopping all went on my credit card. After accruing $5,000 in debt, the time has come to

At least until you learn about your rights, find out if the debt is really yours, if you wish to file for bankruptcy, and learn whether the statute of limitations has expired, you should consider ignoring debt collectors’ calls or other communication techniques. To avoid giving the collector good information, or worse, saying something that

Calculate your total monthly loan payments by multiplying your total monthly income by 12. By multiplying the decimal point by 100, you can convert it into a percentage. How do mortgage companies calculate debt-to-income ratio? Using your pre-tax or gross monthly income, lenders compute your debt-to-income ratio. Although there are certain exceptions, most lenders prefer

Investors and lenders can gauge a company’s overall financial health by its debt-to-equity ratio. The debt-to-equity ratio is calculated by dividing a company’s total liabilities by its total equity. What is a good debt-to-equity ratio? Debt-to-equity ratios of roughly 1 to 1.5 are generally considered good. However, the appropriate debt-to-equity ratio varies depending on the

Using the Long Term Debt to Total Asset Ratio, a company’s financial situation and ability to satisfy its financial obligations are depicted in this ratio. Loan and other long-term financial obligations are used to fund a certain percentage of a company’s assets. Decreases in this ratio indicate that the company is doing well and relies

To find out how much you owe on your HECS-HELP loan, you can either: Use the National Student Loan Data System You can utilize the National Student Loan Data System (NSLDS), a database maintained by the Department of Education, to find out how much you owe on your federal student loans. It’s standard procedure for

Debt counsellors are forbidden from terminating or withdrawing debt review, according to the South Gauteng High Court’s decision in the matter of Rougier v Nedbank, 27333/2010 (South Gauteng High Court). The NCR’s Withdrawal from Debt Review Guidelines were issued on February 25, 2016. When a debt counselor issued Form 17.4 prior to this date, consumers

Three stages are required to react to a debt litigation. These are SoloSuit’s instructions. Respond to Every Paragraph in the Complaint The case against you is laid out in various numbered paragraphs in the Complaint. There are typically 10 to 30 numbered paragraphs in a debt collection case. Decide how you wish to respond after

Student loan debt has far-reaching consequences for more than just your financial stability and quality of life. It also affects which dreams you can follow and which ones fade away. It’s possible that you’ll give up a job that gives you a sense of purpose and fulfillment in order to make more money. It’s possible