Debt

Front-end and back-end DTI ratios are used by mortgage lenders to calculate a DTI ratio. You may see for yourself in the following examples: Using the front-end ratio, also known as the housing ratio, you can see how much of your monthly gross income would go toward housing expenses, such as your monthly mortgage payment […]

Getting your credit reports from Experian, TransUnion, and Equifax is the first step in discovering how much debt you have. The majority of the time, creditors send information about unpaid debt to one or more credit reporting agencies, who then include it in the consumer’s credit report. Credit cards, personal loans, mortgages, and more can

The myGov website allows you to look up your HELP debt. A link between your ATO account and this online service is required; for advice on how to achieve this, please refer to the ATO’s internet video tutorials. Selecting ‘Loan Accounts’ will allow you to see the balance of your HELP loans. Does your HECS

1300 650 225 is the ATO’s phone number. Prior to receiving any personal information from the ATO, you must provide them with your tax filing number (TFN). How can I check my student loan balance? Checking your student loan balance can be done in a variety of ways if you owe money to the United

It was hard for farmers at the time. The Great Depression in the United States began for American farmers after World War I, despite the fact that the majority of the country had been relatively prosperous during the 1920s. The American farmer spent much of the Roaring ’20s in a debt cycle caused by plummeting

Spain colonized Puerto Rico beginning with the arrival of Christopher Columbus in 1493. Puerto Rico was given to the United States after the end of the Spanish–American War in 1898. The United States then refused to pay the colony’s creditors, claiming that they were owed odious debts by the United States. The people of Puerto

If you’re like the majority of Canadians, your estate will be burdened by debt. There is a good chance that you’ll be left with credit card debt after your death. No matter how diligent you are about paying down your credit card debt, there may still be an amount due if you have charged products

If you have a debt relief order (DRO) or have had one in the past, your credit rating will be affected. This could make it more difficult for you in the future to receive credit. To understand how a DRO may effect your credit rating, please read this page. How long does a debt relief

As a result, you may be wondering which of your debts are exempt from bankruptcy and hence do not require repayment. A bankruptcy discharges almost all of a person’s so-called “unsecured” debts, which is the most straightforward explanation. In this category, you’ll find any kind of credit card or line of credit, as well as

Yes! If you’ve worked out a payment plan with the CRA, and if you’ve filed your taxes on time, the CRA is unlikely to report you to the credit bureaus if you owe a little amount. However, owing a big sum of money to the CRA might have a negative impact on your credit rating