Category Archives: Other – Business & Finance

How Do You Calculate Your Debt to Credit Ratio?

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debt

Or is it credit to debt ratio? Either way, I am a college student with 1k of terrible marks on my credit report from years ago. I want to get a secured credit card for the amount that would look excellent to lenders like “this person pays on time and has a valuable credit history w/some lenders” (ie my dell account is on there which is excellent and the secured card would add to it).

Am I making sense? How can I do this? I’d rather not pay off the measley 1k, it should be removed within a few years anyway.

How Do You Determine Total Debt for for Debt Ratio?

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debt

I am having distress determining the total for the debt ratio of total debt divided by total assets. I need Wal-Marts total debt, but not sure what categories on the balance sheet are included. Do I add total current liabilities, long term debt, long term obligations under capital leases, deferred income taxes and other, minority interest? I just need to know what to add up to get the total debt for Wal-Mart 2008. Thank you!

Is It Illegal to Earn Interest on Unsubsidized Loans?

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loans



I’m a student and I get many offers from the regime and confidential companies for subsidized and unsubsidized loans. For those who don’t know, unsubsidized loans are loans where the interest is paid by the regime or confidential company until 6 months after I graduate or become less than a full time student. So it could theoretically be a free loan assuming I repay the principle within those 6 months, therefore avoiding interest.

My question is can I take out these loans and place the principle in high yielding CDs or savings accounts until it is time to pay them back? This way I make money on the interest from the loans, build credit, and won’t have to pay interest. It seems like the regime and confidential companies probably would not want me to do this as I am profitiing from a service that they are hoping to eventually profit from. That’s why I question if it is illegal in some way. Thanks.