melissacook

Melissa Cook

Melissa has a degree in English and marketing from University of California Irvine. She is a creative and accomplished content writer and editor with comprehensive experience developing rich, compelling content for a variety of websites. With her expertise in writing a broad range of content, combined with outstanding interpersonal skills and commitment to exploring innovative ideas, Melissa has done an excellent job developing content for blogs, articles, social media, and the company website. When she is not writing, Melissa spends most of her time cooking, traveling the world, and catching her favorite Broadway shows.


Unsecured Loan

Updated Jan 30, 2023
By Melissa Cook
Unsecured Loan

An unsecured loan is a loan that is not backed by collateral. This means that the lender does not have a claim to any specific assets of the borrower in the event of default...

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Insolvency

Updated Jan 30, 2023
By Melissa Cook
Insolvency

Insolvency refers to the state of being unable to pay debts as they come due. It is a financial term that is often used to describe a company or individual that is facing financial...

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What is the Medical Debt Relief Act?

Updated Jan 17, 2023
By Melissa Cook
What is the Medical Debt Relief Act?

It's no secret that healthcare costs in the U.S. have become staggeringly high over the last decade, making it difficult for the average person to afford and pay off medical debt...

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What is a Debt Collector?

Updated Jan 17, 2023
By Melissa Cook
What is a Debt Collector?

A debt collector is an entity that tracks down and collects payments on overdue debts. A debt collector may be an attorney, a credit collection agency, or even the original...

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The Truth in Lending Act

Updated Jan 17, 2023
By Melissa Cook
The Truth in Lending Act

The Truth in Lending Act (also known as the TILA) is designed to promote the informed use of consumer credit. It requires lenders to provide customers with clear...

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Secured Loan

Updated Jan 05, 2023
By Melissa Cook
Secured Loan

A secured loan is a type of loan that is backed by collateral, which is an asset that the borrower pledges as security for the loan. This collateral serves as a guarantee for the...

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Annual Percentage Rate

Updated Jan 05, 2023
By Melissa Cook
Annual Percentage Rate

An annual percentage rate (APR) is a measure of the cost of borrowing money, expressed as a yearly interest rate. It is typically used to compare different loan or credit products...

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What is a Lien?

Updated Dec 12, 2022
By Melissa Cook
What is a Lien?

A lien is a legal claim that gives a lender or creditor the right to take and sell your property. Read more about liens.

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What is Delinquent Debt?

Updated Dec 05, 2022
By Melissa Cook
What is Delinquent Debt?

Delinquent debt is a term used to describe debt that has not been paid on time, or even at all.

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