1. How to calculate credit debt?
1. Loan liability ratio
Bank financial institutions are very strict when users apply for credit card loans, housing loans, and car loans. The most important thing is to review the debt ratio.
Calculation formula: Personal debt ratio = total debt/total income 100
Generally speaking, the debt ratio should not exceed 70. This is a watershed. When encountering strict risk control, 100 will be rejected, you can calculate it yourself first.
2. Credit card debt ratio
Nowadays, credit cards are very common. Most people have several different credit cards. Some people may have a limit of hundreds of thousands, and their monthly The consumption amount is not low either. It is precisely because of this that banks have very strict control over credit card debt ratios. If a credit card debt ratio exceeds 70, the bank will regard them as a "high-risk group."
Calculation formula: credit card debt ratio = credit card used limit/available limit 100
For example, suppose your credit card limit is 30,000 yuan, and you have swiped 22,000 yuan. Then the debt ratio will exceed 70. Considering your income, it may cause your financial strain, so it will be difficult to get approved for new credit.
3. Mortgage liabilities
Some banks' mortgages are included in liabilities, while others do not. After all, there is collateral, which is different from the above two categories.
2. How to calculate the debt credit report of credit cards
1. The debt ratio inquired by the bank is calculated as follows:
According to all liabilities (including credit cards and Loan) / (Income base), and the credit card debt ratio is generally calculated based on the credit card's used limit/available limit. It should be noted that the credit card debt ratio is real-time and will be looked at by the bank during approval. If it is high, it will also affect the approval. Affect the amount increase.
2. The asset-liability ratio refers to the total liabilities in the balance sheet divided by the total assets. It is a ratio value that reflects the company's long-term solvency. The greater the asset-liability ratio, the worse the long-term solvency, and vice versa, the better.
The asset-liability ratio is an important indicator of a company's debt level and risk level. It contains the following meanings:
①The asset-liability ratio can reveal how much of a company's total funding sources are provided by creditors.
② From the perspective of creditors, the lower the asset-liability ratio, the better.
③For investors or shareholders, a higher debt ratio may bring certain benefits. Invest to gain control of the enterprise).
3. The calculation formula of household asset-liability ratio is:
Household asset-liability ratio = total household liabilities ÷ total household assets. Next, let’s take an example and calculate it in detail:
Total assets: 850,000 yuan for the first house, 730,000 yuan for the second house, 70,000 yuan for the car, 0 deposit, and a total of 1.65 million yuan.
Total liabilities: The provident fund loan for the first house is 300,000, and the loan has been repaid for 3 years since 2013; the loan for the second house is 400,000, and the repayment has not started yet.
Asset-liability ratio: 70/165=43.
Credit card debt ratio:
That is, the ratio of total liabilities to total assets, which can reflect the family's comprehensive debt repayment ability. Asset-liability ratio = (total liabilities ÷ total assets).
How to reduce the credit card debt ratio
1. You can use installment payment. After the installment, the real debt will be hidden. Therefore, if the credit card bill is divided into installments in advance, the credit card debt will be reduced. It will look great.
2. Repay in time, because the credit card debt ratio is real-time, so you can pay off the debt in advance before the bill is issued, so that the "debt" level of the credit card will be very low.
3. How to calculate personal debt ratio
Personal debt ratio calculation formula: Personal debt ratio = total personal liabilities/total personal assets 100. Assuming that the monthly mortgage payment is 3,000 yuan, the monthly credit card bill is 1,400 yuan, and the monthly salary income is 8,000 yuan, the corresponding personal debt ratio is p=(30001400)/8000100=55.
Enterprise liabilities refer to current obligations formed by past transactions or events of an enterprise that are expected to result in the outflow of economic benefits from the enterprise. Current obligations refer to obligations that an enterprise has undertaken under current conditions. Obligations arising from future transactions or events are not current obligations and should not be recognized as liabilities.
According to their liquidity, the liabilities of an enterprise can be divided into two categories: current liabilities and non-current liabilities.
Current liabilities: refers to debts repaid within an operating cycle of one year or more than one year, mainly including short-term borrowings, accounts payable and received in advance, taxes payable, employee benefits payable, etc.
Non-current liabilities: refers to liabilities other than current liabilities, mainly including long-term loans, bonds payable and long-term payables.
How to get a loan if your debt is too high
First: Apply for bill installments
If there is a large amount of card consumption in the month before the loan, if it is not processed , this credit card consumption will be reflected in the bill and also be reflected in the credit report. In order to reduce the debt, you can apply for bill installment at this time and spread the bill amount of the period into the number of installments. For example, assuming the bill amount is 100,000 and it is divided into 24 installments, then the amount of each installment is only about 4,167, which is undoubtedly much lower than 100,000. In this way, your true debt can be hidden. The more installments you divide into, the deeper it will be hidden.
Second: Cancel credit cards that are not commonly used
Friends who like to play with cards must have many credit cards in their hands. Although Cardo is not responsible, these will be reflected in the credit report. The credit limit and repayment due for each card will be displayed in detail.
For credit cards that are infrequently used, it is recommended to cancel them. Of course, the premise is that there are no arrears, overpayments, or overdue or other bad records in the card. Otherwise, it is best to deal with it first and then apply to cancel the card.
Third: Apply for a mortgage loan
Generally speaking, as long as you can provide collateral and meet the corresponding loan conditions, it will generally be easier to get approved.
Fourth: Provide a guarantor
If you cannot provide collateral, you can then find a "reliable" person to provide a guarantee for you, such as civil servant friends, relatives with higher incomes, etc. wait. In this way, because there is a guarantor, the lending institution's mortgage risk can be reduced, and accordingly it will be more willing to lend to you
4. How is the credit score for credit card liabilities calculated?
1. The debt ratio inquired by the bank is calculated as follows:
Based on all liabilities (including credit cards and loans) / (income base), while for credit card debt ratio, it is generally based on credit card To calculate the used quota/available quota, you need to pay attention to the approval process. If the quota is high, the approval will also be affected.
2. The asset-liability ratio refers to the total liabilities in the balance sheet divided by the total assets. It is a ratio value that reflects
power. The greater the asset-liability ratio, the worse the long-term solvency, and vice versa, the better. Extended information:
The calculation formula of household asset-liability ratio is:
Household asset-liability ratio = total household liabilities ÷ total household assets. Do the math:
Total assets: 850,000 yuan for the first house, 730,000 yuan for the second house, 70,000 yuan for the car, 0 deposit, and a total of 1.65 million yuan.
Total liabilities: The provident fund loan for the first house has been repaid for 3 years; the loan for the second house is 400,000, and has not been repaid yet.
Asset-liability ratio: 70/165=4
Credit card debt ratio:
That is, the ratio of total liabilities to total assets, which can reflect the family’s comprehensive ability to repay debts. Asset-liability ratio = (total liabilities ÷ total assets). Reference source: Baidu Encyclopedia_Credit Card