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Tag: debt

Dangers of Using a Credit Card and Ways to Overcome Them

Wednesday, 20 October 2021 by Brag Social
Ready to get your new credit card? Afraid about potential danger related to credit cards? If yes, know about the risks and how you can overcome them. New credit card users are easy targets of credit card risks. When a person starts using a credit card, it looks like free money. Why only new users?
  • Published in Tips and Tricks
Tagged under: credit card, Credit my debt, Credit score, debt, interest, loan

Ways To Settle Debt Before Retirement

Wednesday, 15 September 2021 by Brag Social
Retiring with debt is generally regarded as a fundamental financial sin: Every amount of money you owe decreases your income in retirement. But on the flip side, blindly categorizing debt reduction before retirement savings, especially for low-interest debt, can decrease your savings. Hence people nearing retirement need to consider the costs and benefits of settling
  • Published in Tips and Tricks
Tagged under: Credit my debt, debt, debt repayment, retire, settle debt before retirement

ALL YOU NEED TO KNOW ABOUT DEBT-TO-EQUITY RATIO

Monday, 14 June 2021 by Brag Social
A company’s debt consists of its long-term debts such as loans with a maturity of more than one year. On the other hand, equity refers to the shareholder’s equity or what the investors in our business owners. Together, debt and equity both compose a company’s capital structure or how it finances its operations. The debt
  • Published in Knowledge Center
Tagged under: debt, debt-to-equity, equity, finance, ratio

5 Reasons Why You Should Avoid Bankruptcy?

Friday, 09 April 2021 by Brag Social
When people get into debt, they immediately jump to bankruptcy. However, there are several ways to avoid bankruptcy. Basically, bankruptcy is the process in which you get the chance to replace or reorganize your debts through discharge. Also, you can follow a repayment plan which often lasts for 5 years. However, the process is stressful
  • Published in BragSocial, Finance
Tagged under: bankrupt, bankruptcy, debt, reasons to avoid bankruptcy, why you should avoid bankruptcy
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