Posts Tagged ‘reference’
Finance Faq

Question: What do the following Public Debt figures say about the Bush admin and the GOP?
Jan 15, 2000 - $5,719,849,572,269.03
Jan 10, 2008 - $9,198,377,804,543.39
enter dates Jan 15 2000 - Jan 10 2008
http://www.treasurydirect.gov/NP/NPGateway
What is the Debt Held by the Public?
The Debt Held by the Public is all federal debt held by individuals, corporations, state or local governments, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities. Types of securities held by the public include, but are not limited to, Treasury Bills, Notes, Bonds, TIPS, United States Savings Bonds, and State and Local Government Series securities.
http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtOwner
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More direct link:
==> http://www.treasurydirect.gov/NP/BPDLogin?application=np
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Answer: The only thing that it tells me is that there was a large increase from 2000 to 2008. which would lead me to believe that this increase is due to the war in Iraq, national security, the housing crisis, Katrina, and many other things that happened post 2000.
I'm just happy to know that my money is being spent wisely.
27864 0 OVDE FAQ Dental financing dental payment plans
Special Finance Auto

Question: Can I sell my car before it's paid off?
Due to the increase in gas prices and financing two cars, I thought yesterday that now I will be shelling out over $200.00 per month for gas on autos! When I first began to drive ten years ago and had my first car (Civic) it only took $8.00 to fill up the gas tank. Yesterday, at the pump I spent $46.00 on filling up my Accord. I thought that I would prefer to keep only one car (family) and start taking public transportation.
So my question is, my other car ('06 Civic) still has 4 years left of financing payments. Can I sell my car? Is there a special process I need to follow without jeopardizing my credit? Any suggestions?
Answer: As long as you sell for enough to pay off the loan, no big deal. Contact the bank about what will happen when it comes time to transfer the title to the new owner and getting you a copy of your paid note
If you are selling for LESS than you owe, you'll have to make arrangements to pick up the balance before the bank will relase the title to the new owner.
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