how much debt does indians(h1, opt, cpt) owe to us financial institutions

[kevinUsa]

3 minutes ago, Spartan said:

H1 meeda na lanti edavalu chala mandui untaru..with 0$ appu.

calculations are not realistic.

those  are my assumption 

which include  credit line 

[Baangaru]

3 hours ago, kevinUsa said:

considering there are over 

H1&H4     300k

opt &CPT 100k 

HOUSING --------------   ON AVG  at debt  randing from 150-350k

CREDIT CARD  ------ 50-60k

 CAR  ---------------------10-25k

considering that over 100k people have purchased a house in various cities in USA  with avg debt at a median of  250k

250k*100k  

that around comes to a total of   $25bn 

 considering all the available options open  that there are 5bn in CC debts

 this is around 30Bn 

This is a considerable amount that we owe to us economy 

with my knowledge, this can create  ripples in the finance industry in the USA 

 

  I put all of them at the lowest level 

 I have come to a conclusion after reading a ton of articles in various media outlets 

etc

  any feedback is highly appreciated 

Information konchem varaku correct kevin. Desis will clear the balance before they leave the country or they will pay the minimum balance. Ippudu US lo balance ekkoti vellina they can catch you

[Spartan]

Just now, kevinUsa said:

those  are my assumption 

which include  credit line 

entire credit line cannot be considered as debt to financial institution..

[kevinUsa]

1 minute ago, Spartan said:

entire credit line cannot be considered as debt to financial institution..

 I agree with you the credit line  is some kind of liability for some financial institution . but its an asset  for  us considering as some  form of preapproved loan  which can be used in time od necessary 

[Spartan]

Just now, kevinUsa said:

 I agree with you the credit line  is some kind of liability for some financial institution . but its an asset  for  us considering as some  form of preapproved loan  which can be used in time od necessary 

but immediate withdrawl of whole credit line is not possible right.?

[kevinUsa]

2 minutes ago, Spartan said:

but immediate withdrawl of whole credit line is not possible right.?

yes its not  but somehow can be done this will have huge impact on your credit score 

 

[nuzvid_mamidikaya]

11 minutes ago, kevinUsa said:

yes its not  but somehow can be done this will have huge impact on your credit score 

 

potham anukune vadiki inka credit score tho panenti?