Debt Relief Articles

Many individuals assume that all forms of borrowing are inherently bad, causing them to shy away from any kind of debt. However, by understanding the nuances of these terms...

A debt validation letter is a letter that debt collectors must provide that includes information about the size of your debt, when to pay it, and how to dispute it. A debt validation letter...

A home equity loan is a type of loan that allows homeowners to borrow against the equity they have built up in their homes. The loan is secured by the home, which means that...

Credit counseling is a service offered to individuals who are struggling with debt management or are looking to improve their financial situation. It is a process that involves working...

A Charge-Off is a financial term used to describe a situation where a creditor writes off an outstanding debt as uncollectible. In simpler terms, it means that the creditor has given up on...

The Consumer Financial Protection Bureau (CFPB) is a federal agency in the United States that was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act...

Capital gain refers to the profit that an individual or entity realizes when they sell an asset for a price that is higher than the price they initially paid for it. In other words, it...

Cash flow is the movement of money in and out of a business or individual's accounts over a given period. It measures the amount of money that flows into and out of a business, indicating...

A bond is a financial instrument used by governments, corporations, and other organizations to raise capital. It represents a debt obligation, meaning that the issuer (borrower) promises...