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How Is China Buying Our Debt if They Are One of the Poorest Countries on Earth?

6
debt



China is supposedly buying more than 1 trillion of our current debt. I am attentive that we have a trade deficit but it is no where near that amount. So how are they buying our debt? Or are they?

Posted in Economics | Tagged Current, Earth, Poorest Countries, Trillion | 6 Replies

What Would Happen to the Debt of Sharecroppers if the Next Year’s Crop Didn’t Do As Well As the Previous Year?

2
debt



AThe debt would be forgiven by the store owner.

BThe debt would be turned over to the regime to enforce payment.

CThe debt would grow larger and be added to current debt.

Posted in History | Tagged Current, Previous Year, Sharecroppers, Store Owner | 2 Replies

How Can I Borrow Money to Fix Up a Rental Property That Is Paid for Through My Home Equity Loan?

2
home loan

paid from a home justice loan on my current residence?
I already borrowed the money for the rental property from my primary home.

Posted in Renting & Real Estate | Tagged Borrow Money, Current, Rental Property | 2 Replies

Can I Use My Current Owned Home As Collateral on New Home Mortgage Loan?

3
home loan

My wife and I live in a home legally donated to us by family. We have ownership. Can we use this home as collateral for a mortgage loan on another home in another state? If so, how does that work?

Posted in Renting & Real Estate | Tagged Collateral, Current, Home Mortgage Loan | 3 Replies

Where Can I Find Average Annual Interest Rate Data for Home Equity Loans?

2
home loans

I am looking for data on the average annual interest rate of Home Justice Loans. From 1970-current would be ideal.

Do you know where I can find this data.

Thank you.

Posted in Renting & Real Estate | Tagged Current, Home Equity Loans, Interest Rate | 2 Replies

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