Debt Relief Articles

A mortgage is a loan used to purchase a property. The borrower makes monthly payments toward the loan, which go towards paying off the principal amount borrowed as well as interest on the loan.

An FHA loan is a mortgage insured by the Federal Housing Administration. This type of loan allows for lower credit scores and a higher debt-to-income ratio compared to conventional loans.

A credit score is a numeric representation of an individual's creditworthiness. It is calculated using information from the individual's credit history, such as past loan and credit card payments.

A PPP loan, also known as a Paycheck Protection Program loan, is a type of loan offered through the Small Business Administration (SBA) designed to help small businesses with payroll and certain other expenses...

Equity, in finance, refers to the value of ownership in a company. This can be measured by subtracting the company's liabilities from its assets. In other words, equity represents the portion of a company...

There are several types of loans available, including personal loans, home loans, student loans, and business loans. Each type of loan has its own terms and conditions, which the borrower must agree to before...

A credit card is a plastic card that gives the cardholder a certain amount of credit to spend. There are many different types of credit cards, each with its own set of benefits and...