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Archive for March, 2009

 

How much do debt workout companies charge?

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

 

What is the longest you should hold credit card debt for?

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

 

What is the safest most accurate way to find out about past debt?

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

 

Is it good to be in a high debt position in a high taxing country?

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

 

How can I deal with my credit card debt?

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

 

Does the credit card debt restart if a different agencies send letters about your debt even after 6 years?

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

 

What are the steps to clean my credit after I paid debt off?

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

 

What is the amount of interest owed on the current national debt figure of 9.4 trillion?

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

 

How do I consolidate my unsecured credit card debt?

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

 

How do I find out Marks and Spencers debt?

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
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