Personal Finance and Money Stack Exchange
Personal Finance and Money Stack Exchange

Questions tagged [debt]

The debt tag refers to all situations where money is owed to another party, often a bank or other financial institutions. This tag covers how to get out of debt, how much debt to carry, and other borrowing related questions.

The state of owing something (especially money) - Wordnet

Money owed, usually as a result of borrowing. - Kid's Economic Glossary

498 questions
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How to avoid getting back into debt?

I got a windfall last year that allowed me to clear all my debt. I am a student, so my incomes are small. After the debt was cleared there was still some money left, which I gradually used for paying monthly bills, buying food etc. The thing is that…
user25514
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What happens to consumer debt if a country defaults on its debt?

What happens to consumer debt if a country defaults on its debt? Also, how will a debt default by a country affect government-backed loans such as mortgages and student loans?
user4124
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Why can convertible debts remove some risk?

After I read some articles on convertible debt, I have gained a lot of confusion. When the company (who issues the debt) is doing well, it's kind of like options. But when the company is doing bad, the bond has zero ability to remove its risk. Say…
AGamePlayer
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Why do most companies have debt and are there any companies without debt?

Somewhat inspired by this question. It seems that no matter what company I hear about, they always have some sort of debt to someone. Even if the company is in great financial shape and makes tons of profit for their shareholders, they still seem to…
Vilx-
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Does total debt include all kinds of debt?

When it is said that the average American has x thousand dollars in debt....does the x thousand consist of everything: mortgage, student loan, line of credit, credit card overdue payments etc.? Or are some categories excluded from the calculation?
Victor123
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Bank/broker that offers no credit cards (ally.com/vanguard.com)?

Is there a bank/broker that offers no credit cards? Are ally.com and vanguard.com good choices? I'm considering debt settlement, and have been advised to open a bank/brokerage account not owned by one of my creditors. To play it safe, I'd like to…
user1731
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How can I deal with a spouse who compulsively spends?

My husband and I are in debt with student loans, credit card spending, and a mortgage. We've both made mistakes from when we were younger, but I am working very hard to dig ourselves out. On paper, he agrees, but he doesn't seem to be able to say…
user64445
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What are some ways to determine if taking on debt is worth it?

What are some ways to determine if taking on debt is worth it? For instance, what types of calculations exist for seeing if it's worth it to take on mortgage debt?
user3314418
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Algorithm for multiple-debt payoff to minimize time in debt

I'm not sure this is the right place to ask, but here goes anyway. Background, if you're interested I've written some pretty fast C code that can accept an ordered list of loans (with current balances, terms, and rates) and will calculate minimum…
Sean Allred
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In debts now, help please

Im in bad financial situation. I lost my job as admin manager about 7 years ago and since then getting another job has been impossible. I have spent every dime I have and have sold my two cars trying to survive with 4 children and a petty trading…
Funsho Olawuyi
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When calculating the debt-to-equity ratio of a company, what is shareholder equity?

If the debt-to-equity ratio of a company is calculated by dividing the liabilities of a company by the shareholder equity of the company, does this mean you would divide $10,000 (if a company has this much debt) by $15,000 (the total value of 15,000…
Bradley
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How to define the state of "in debt"?

So I was reading on Forbes and it said a 2017 survey showed that 28% of workers making $50,000-$99,999 usually or always live paycheck to paycheck, and 70% are in debt. I wonder what kind of financial status would be described as "in debt". If I…
Sam
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What does it mean to roll over debt?

I've been hearing this term quite a bit and I don't really understand what it means. Is it any different from re-financing?
Vasting
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What kind of debt is an unpaid tution bill?

If someone doesn't pay their tuition to a university, is that considered student loan debt, consumer debt, or something else? I mean for the purposes of debt forgiveness (e.g. i think consumer debt expires and student loan debt doesn't).
Tim kinsella
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