Get free Access to Real Keywords

Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.

Read more »

I own a Corporation, being the sole shareholder. I have loaned the Corporation money. What is this called in accounting when I do the books? I know a shareholder loan is when the Corporation loans money to the shareholder. I think, possibly it is capital or equity, but I could be wrong. And does anyone know what ledger number it is given. I believe it goes in the 3000's. Are there any accountants or bookkeepers out there that can shed some light on this?

I'll take your word that you're the sole shareholder in a corporation and not a sole-proprietor in a sole-proprietorship. If you lend the co. money, it's a shareholder loan under current liabilities. The a/cs code depends on your chart of a/cs. It's equity only if you issued shares to yourself. Otherwise it's just a shareholder's loan. This is a more flexible arrangement cos you can repay yourself the loan when the co. has the funds. If you issue yourself shares you can't cancel the share and take back the money without going thru a lot of hassle.

powered by Yahoo Answers

Based on the recent subprime crisis, the authors analyze the mechanisms of a financial market crisis. In order to highlight the basic transmission mechanisms and drivers of a financial market crisis they discuss the relevant players & strategies, explain the principles of the financial instruments that were involved in the crisis and analyze how bubbles emerge, how they burst and what the economic impact might be.
The authors address the following key questions:
* Why do financial markets run into crises over and over again?
* Where do risks for financial crises come from?
* Who are the players in the game?
* Which instruments and strategies can drive a crisis?
* What are the transmission mechanisms onto other markets and the real economy?
* When is it all finally over?
* How to best weather the storm?
Hence, in the prologue the authors highlight the basic framework for a financial crisis based on the subprime crisis. Here, they will also introduce the important topics and drivers of the crisis, i.e. the relevant players (banks, investment banks, hedge funds, real money investors, regulators and rating agencies), the involved instruments (ABS/RMBS, CDOs, SIV, leveraged loans, Leveraged Super Senior tranches, etc.), the strategies which caused the crisis or were affected by the meltdown (leveraged exposure to highly correlated risks), and risks that were underestimated (investors ignored the market risk that was involved with the leveraged bets). In the subsequent chapter — which is split into three parts — they will explain these important topics in more detail and highlight the infection and transmission mechanisms. As an example, theyintroduce the business and investment concepts of investment banks and hedge funds and how they were involved in the crisis. Moreover, they explain how structured credit products (such as ABS, CDOs and SIVs) work and how they were used in order to implement leveraged bets in the markets. Finally, they highlight how a financial crisis evolves and why certain financial institutions failed. In the epilogue, they conclude how markets manage a crisis and why the crisis may also be healthy for the stability of financial markets.

Read more »

i'm trying to get a loan. but i don't know the differences between unsubsidized and subsidized loans.

When someone loans you money they basically rent that money to you. The rent you pay on borrowed money is called interest. A subsidized loan means that someone is paying some of your rent for you. In the case of student loans, it is the government paying. By doing this it lowers the cost of the loans, which makes it possible for more people to afford them and, consequently, for more people to be able to afford a higher education. The government subsidy comes in the form of paying the interest on the loan while you are in school, so you don't have to, in paying some percentage of the interest indefinately so that you can pay a lower rate when you DO start paying, and also by "gauranteeing" the loan. The government gaurantee means that if you default on the loan, the government will pay it back to the lender. Because the lender has very little risk, that allows them to charge still lower interest rates.

The bottom line is that a subsidized loan is a much cheaper source of money to you than an unsubsidized loan and if you can get one, you definately should.

powered by Yahoo Answers

Read more »

I had two student loans each about 2,500 dollars each. I have been out of work for 5 years raising my duaghter and haven't been able to afford any kind of payments on the loans. Since then a creditor has taken over. I now owe 8,000 to them. Is there any student loan companies that will take it over and I can make payments to them at a low interest rate. I am now working and would like to start paying on my loans. Thanks

Besides consolidating loans you should also sign up for those grocery rewards programs that give you education dollars when you shop. These programs can assign the money to exsisting loans.

powered by Yahoo Answers

I was living in a fantasy land when I thought those stupid little booklets that Student Loan Finance Corporation sent out for a payment plan, was all I had to pay. I never realized how many bloody years it actually took, until I called those creatures today. So, I'm wondering what is the average amount of time it takes for people to pay back their student loans? and why can you pay back a car loan for 20 grand in five years, but a college loans for the same amount takes 18 or something equally as insane? Thank you.

It usually is about ten years to pay off student loans. It takes longer to pay off student loans than car loans because the payments tend to be lower, but they don't restrict you from paying extra or even paying them off early. It's actually better for you if you do that because you will pay less interest.

powered by Yahoo Answers

Paperback & CD-ROM

Read more »

I want to do a full-time MBA, but I need more money than the $6000 stipend offered. I presently get $10,500 in government loans. Will this amount go up or down if I pursue an MBA right out of college?
I will have all tuition paid for.

I cannot speak as to that, but one thing I can say is that even $10k or $20k or even $30k isn’t going to be enough for a full time MBA from a top-rated school.

powered by Yahoo Answers

I don't know anything about loans and I need some help. I want to go to make-up designory school in New York. It cost about $15,000. I'm most likely living on my own. Can I get money to help with housing cost and with school? The loan that the school has is Sallie Mae. CAn anyone give me some info on it? Also, I have no credit so can I still get a loan? How much do they give you adn how much do you have to pay each month? On the website it says something about repayment loans up to 15 years, does this mean you have to pay the loan off within 15 years? What happens if you don't? What happens if you don't have a credit worthy cosigner? Do they have to be living with you?

Thanks for any help you can give me!
What does:
intrest only payments mean?
defeered payments mean?
disburstment date mean?

Student loans are loans you take out to pay for the cost of your school. The money is generally sent to the school and covers tuition, books, supplies, etc. The best student loans are FEDERAL Student Loans, called Stafford Loans. You apply for these loans by going to www.fafsa.ed.gov. Federal loans DON'T require a cosigner. If you don't pay the loans back, you will be in "Default". The publication I'm attaching has a good section on what happens if you go into default. Basically, they can garnish your wages (take a part of your paycheck against your will), and take your income tax return as well as other things.

However, some schools, (perhaps the one you are mentioning) aren't recognized by the government to get free grants or federal loans. Which means you have to take out private loans. I would be VERY leery of these… and scrutinize the school very closely. There has to be a reason the Dept of Education doesn't give them federal money. I'm attaching a good publication about loans-in the back is a dictionary of terms that explains all the words you are asking about. Private loans have a very high interest rates - which means the bank or agency that is letting you borrow the money is charging you for the use of their money. You borrow 15,000 now. And over the course of 15 years, pay back more… sometimes much more…..35,000. And have very high fees associated with them. First link is to see if your school is federally recognized. Second link is the dictionary.

powered by Yahoo Answers