Debt Relief Articles
Gross Domestic Product (GDP)
Updated Mar 03, 2023
By Aaron Sarentino
Gross Domestic Product (GDP) is a measure of the monetary value of all goods and services produced within a country...
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What Is The Consumer Price Index (CPI)?
Updated Mar 03, 2023
By Melissa Cook
The Consumer Price Index (CPI) is a measure of the average change in prices over time that consumers pay for...
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Recession: And What One Means For You
Updated Mar 03, 2023
By Melissa Cook
A recession is a period of economic decline measured by a decrease in the Gross Domestic Product (GDP) for two...
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Inflation
Updated Mar 03, 2023
By Melissa Cook
Inflation is a sustained rise in the general level of prices for goods and services. It is measured as an...
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Interest
Updated Mar 03, 2023
By Minh Tong
In financial terms, interest is the cost of borrowing money. It is usually expressed as a percentage rate that must...
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Federal Funds Rate
Updated Feb 14, 2023
By Melissa Cook
The Federal Funds Rate is the interest rate at which banks and other depository institutions lend or borrow money to...
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Extinguishment Of Debt (And What It Can Mean For You)
Updated Feb 14, 2023
By Melissa Cook
Extinguishment of debt refers to the termination or cancellation of a debt obligation. This means that the borrower is no longer...
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What Is A Demand Note?
Updated Feb 14, 2023
By Minh Tong
A demand note is a type of financial instrument that represents a debt owed by one party to another. It...
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Closed-End Credit
Updated Feb 14, 2023
By Aaron Sarentino
Closed-end credit refers to a type of loan or credit in which the amount borrowed is set in advance and...
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