Debt Relief Articles

A credit report is a detailed record of an individual's credit history, including their past and current loans and payment habits. This information is used by lenders to determine an individual's creditworthiness when applying...

Acceleration, in finance, refers to the speeding up of a financial obligation, such as a loan or mortgage. This can happen voluntarily, as in the case of prepayment, or involuntarily through default. In either...

Are your finances teetering on a cliff edge? Do you owe debt collectors far more than you can possibly repay? When you face financial hardship and seem unable to recover, you’ll probably see bankruptcy...

In finance, liability refers to an obligation or debt that an individual or company is responsible for repaying. This can include items such as loans, credit card debt, and unpaid taxes. Liabilities must be...

Escrow is a financial arrangement where a neutral third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps to ensure that both parties fulfill...

A FICO (Fair Isaac Corporation) Score is a measure of creditworthiness, calculated using information from the consumer's credit report.

Bankruptcy is a legal process where an individual or business unable to pay their debts can get a fresh start. It allows them to either restructure or eliminate their debt obligations and protect their...

Over the last decade, the price tag of a college education has continued to climb higher and higher. So much so that it has become a hot topic in recent years, with politicians and...

A home equity loan is a type of loan in which the borrower uses their home as collateral. The loan amount is determined by the equity in the home, or the difference between the...