Debt Relief Articles

What Is Forbearance? Updated Dec 05, 2022 By Melissa Cook
What Is Forbearance? Forbearance is when a creditworthy borrower faces temporary hardship and is unable to meet their obligations, the lender may decide... Read More
Credit Card Debt Is Making A Comeback Updated Dec 05, 2022 By Aaron Sarentino
Credit Card Debt Is Making A Comeback US consumers continue to feel the impact of the current economic climate, leaning again on credit cards—as many did in... Read More
Foreclosure: What It Is And How It Works Updated Nov 30, 2022 By Minh Tong
Foreclosure: What It Is And How It Works Foreclosure is the legal process by which a lender repossesses a property from its owner when the borrower does not... Read More
Dependent: How One Is Defined Updated Nov 30, 2022 By Melissa Cook
Dependent: How One Is Defined A dependent is someone who relies on another individual for the financial support they need to meet their basic expenses.... Read More
What Is Debt? Updated Nov 30, 2022 By Minh Tong
What Is Debt? Debt is money that you owe to another person or company. It usually comes in the form of a loan,... Read More
Liquidation: What It Is And How It Works Updated Nov 30, 2022 By Melissa Cook
Liquidation: What It Is And How It Works Liquidation is a process in which assets of a company are sold off to settle its debts. Read More
What Is An Interest Rate? Updated Nov 30, 2022 By Melissa Cook
What Is An Interest Rate? Interest rates are the cost of borrowing money. The amount charged for this loan is commonly referred to as the... Read More
The Debt Ceiling (What It Is And Its Impact On You) Updated Nov 30, 2022 By Minh Tong
The Debt Ceiling (What It Is And Its Impact On You) Debt ceiling is a term that refers to the maximum amount of money that can be legally borrowed by the... Read More
What Is A Guarantor? Updated Nov 21, 2022 By Minh Tong
What Is A Guarantor? A Guarantor is the person who promises that a borrower will pay back his or her debts. Read More
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