Archive for March, 2009
Thursday, March 19th, 2009
JP asked: How much do companies charge to do debt workouts for other companies? I am looking into adding this to my company’s services and am curious how much to charge. Is it typically a flat fee or is it typically a percentage of the debt or lease reduction? Either way, how much? Thank you!
Steve
Tags: Debt Reduction, Debt Workout, Debt Workouts
Posted in Debt Relief | 1 Comment »
Wednesday, March 18th, 2009
Brad M asked: I currently have around $3,200 in credit card debt, which is a large yet manageable amount. I want to pay this debt off slowly. What is a good timeframe to completely pay off my balance? Is a year or two a good goal or should I be more aggressive?
I know it depends on what I want to do, but I am not sure if having large amounts over time is a bad thing over than the obvious interest accruing.
Cheryl
Tags: Credit Card Debt, Credit Debt, Timeframe
Posted in Debt Relief | 3 Comments »
Wednesday, March 18th, 2009
pinkwac asked: I’m thinking I have some debt that is unpaid from years ago. I have not received any other bills in the mail. But know that I have small debts out there. What is the safest best way to find that information out so I can pay them?
Norma
Tags: Mail, Small Debts
Posted in Debt Relief | 5 Comments »
Tuesday, March 17th, 2009
316 asked: These two conditions keep the cost of capital low, as f (debt fraction is high) and t (tax rate) is high.
Roland
Tags: Debt Position, Fraction, Tax Rate
Posted in Debt Relief | 3 Comments »
Tuesday, March 17th, 2009
cejones345 asked: I am about 17,000 in debt, much of that is fees and finance charges from the companies. I don’t know what to do. I am only 22. I feel like I’m in way over my head and this is taking over my whole life. I don’t care about having bad credit, but I would like to be able to buy a house someday. This just sucks completely. I would like to consolidate, but my credit score is 492, really, really bad. So I can’t get any new loans. I don’t know what to do.
Roberta
Tags: Bad Credit, Credit Score, Whole Life
Posted in Debt Relief | 5 Comments »
Tuesday, March 17th, 2009
XCALIBUR asked: I mean i heard after 6 years or so your credit card debt is written off, but if during those 6 years you get letters from different solictors, agencies etc does this include the 6 years or is it restarted from the beggining when to a another agency?
Ann
Tags: 6 Years, Beggining, Credit Card Debt
Posted in Debt Relief | 2 Comments »
Monday, March 16th, 2009
Zomba Fett asked: I recently found out that far not all collection agency would report debt satisfaction to Experian. What should I do to ensure that documents of satisfaction of my debt reach Credit Bureau?
Betty
Tags: Credit Debt, Experian, Satisfaction
Posted in Debt Relief | 1 Comment »
Monday, March 16th, 2009
Hazey asked: I understand that the current national debt is 9.4 trillion not including the interest owed. What is the amount of the total debt with the interest?
Dana
Tags: Current National Debt, Trillion
Posted in Debt Relief | 2 Comments »
Monday, March 16th, 2009
Melissa G asked: I have about $23,000 in credit/medical credit card bills. I tried personal loans with 2 different banks, but I didnt qualify because it was it was considered “too much unsecured debt”.
Crystal
Tags: Credit Card Bills, Unsecured Credit Card, Unsecured Debt
Posted in Debt Relief | 3 Comments »
Monday, March 16th, 2009
yu_yu_liang asked: I want to check why their Return on equity is around 46% but tesco is only at around 20%. I know that this can be because MKS have more debt but I dont know how to find out.
Steve
Tags: Marks And Spencers, Marks Spencers, Tesco
Posted in Debt Relief | 1 Comment »