Debt Relief Articles

Gross National Product (GNP) is a measure of the total value of goods and services produced in a given country during a specific period, usually one year. It is used to analyze and...

Gross Domestic Product (GDP) is a measure of the monetary value of all goods and services produced within a country in a given year. It is used to measure the size and strength...

The Consumer Price Index (CPI) is a measure of the average change in prices over time that consumers pay for a basket of goods and services. It is used by governments, central banks...

A recession is a period of economic decline measured by a decrease in the Gross Domestic Product (GDP) for two or more consecutive quarters. During a recession, businesses...

Inflation is a sustained rise in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of...

In financial terms, interest is the cost of borrowing money. It is usually expressed as a percentage rate that must be paid by the borrower to the lender for the use of their funds...

The Federal Funds Rate is the interest rate at which banks and other depository institutions lend or borrow money to each other overnight on an uncollateralized basis...

Extinguishment of debt refers to the termination or cancellation of a debt obligation. This means that the borrower is no longer obligated to repay the debt, and the lender no longer has a claim on...

A demand note is a type of financial instrument that represents a debt owed by one party to another. It is a written promise to repay a specified sum of money at a certain...