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What else can I help you with?
If you are leaving the country will your credit card debt follow you?
Credit card debt is unsecured loan and it charges higher interest because of the risk people not paying their loan. If you decide to leave the country, then they probably will sell your debt to an collection agency either in your original country or to your new country, but then, the only ( THE ONLY ) thing they can do is just sending you letters asking you to pay for the debt Nothing else.
Who is world debt all owed to?
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
What is the difference between debt and deficit?
Debt is the total amount of money that a country (or company) owes. Deficit is the amount that a country (or company) loses each year.
What is normal interest rate on sovereign debt?
There is no 'normal' interest rate on sovereign debt. The initial rates are set at the sovereign debt auctions. Investors offer to buy a debt issue or a proportion of the issue at a certain interest rate. The offer is greatly influenced by the investors' own perception of the debt issuer (country) ability to repay its debt + demand for the issue + country sovereign debt rating.
Who is responsible for your dead fathers debt?
Laws and regulations regarding debt inheritance differ by country. In most cases, a debt will become part of the inheritance and will either be settled from the inheritance first, or paid by the inheritor(s). There are also countries where significant debts (such as a mortgage) is coupled to a life insurance that pays out and settles the debt when the debtor dies.
What country in the world has the most national debt in relationship to their gross national product?
Most likely the United States with our multi-trillion dollar national debt.
Which country has the most money?
The Republic of China has the most government money. It has positive money flow while U.S. is in negative. The u.s. has lots of debt and China has cleared most of it's debt. U.S.'s debt comes near 14 trillion dollars.
Where can one find advice on a solution to solving tax debt problems?
Most countries have specialized advice centres or a free helpline where people with all sorts of debt problems can get free advice. For example, in the UK, there is a National Debtline and even a Debt Advice Foundation. Most countries have such institutions which are mostly free, but it really depends from country to country.
What is a sentence for the word national debt?
The national debt of this country is ridiculous.
What the national debt?
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
What is the best organization to help free people of debt?
DebtFree Amercia is a great organization for compiling all a persons debt and working to consolidate this debt into something manageable. Their services are most affordable and they operate offices across the country.
What is the national debt?
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
How does a country in debt make people poor?
It takes their money in order to get out of debt.
What country is least in debt?
Luxembourg
What is it the amount of money that a country owes another country called?
The amount of money that a country owes another country is called sovereign debt or foreign debt. This debt can arise from loans, bonds, or other financial obligations incurred by a government. It is typically expressed in the currency of the creditor country or in a widely used currency, such as the U.S. dollar. Managing this debt is crucial for a country's economic stability and creditworthiness.
What foreign Country holds the second and third most us debt?
Japan holds $6billion and UK holds $2billion.
Is Switzerland in foreign debt?
Is there any country on earth that is not in foreign debt? I am sure there is none.
