Archive for September, 2010

How do I calculate the NPV of student loan debt?

Posted in Anomalies on 09/23/2010 05:11 pm by
Phatcat43 asked:


I have $71,000 in debt at 3.25% interest with a 23 year remaining term. The monthly payment is $340. I’d like to determine how much that debt is worth in today’s dollars (and also the formula for calculating it so I can do it myself from this point onward).

Chris
 

choosing a career that will liquidate student loan debt?

Posted in Loans Bad Credit on 09/20/2010 11:48 am by
schwartzlady12 asked:


Have a B.A. and currently working on MA in English. Need advice on how to choose a career that will help me pay down my loans once I’m finished. I’m actually willing to look into other fields of study or a second degree if needed in order to pay off the debt.

Patrick
 

How does China own our debt or loan that they can collect anytime on?

Posted in Economics on 09/18/2010 01:04 pm by
Stars and Stripes asked:


I was under the understanding that they own a large portion of our debt. And that China can call in on this note?

Thanks you guys for your time and patience. The media doesn’t quite give me the whole picture.
I understand now.

You guys are very competent in explaining.

Jeez, all that worry and concern for our country.
Sorry Darth, we are a very conservative family and are nearly done paying off our mortgage.
We are set with our retirement accounts and college for three teens are well on their way.
(The 15 year fixed)

Christine

 

Some Debt Consolidation Loan Secrets If You Have Bad Credit

Posted in Mismanagement on 09/18/2010 06:41 am by
asked:




Peggy
 

Can I get a debt consolidation loan with bad credit?

Posted in Other - Local Businesses on 09/17/2010 11:09 pm by
Alexys asked:


I would like to get a debt consolidation loan for my outstanding debt from closed credit cards, old utility bills, etc

I have student loans, but I would like to consolidate them separatley and not through another loan.

Also, I have an auto loan, would the loan be able to cover that as well?

Please, real answers, and no opinions/judgements.

Thank You.

Marilyn

 
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