Debt Relief Articles
Liability: What Does It Mean?
Updated Nov 16, 2022
By Melissa Cook
In finance, liability refers to an obligation or debt that an individual or company is responsible for repaying. This can...
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What Is Escrow And How Does It Work?
Updated Nov 16, 2022
By Melissa Cook
Escrow is a financial arrangement where a neutral third party holds and regulates payment of the funds required for two...
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What Is A FICO Score?
Updated Nov 16, 2022
By Melissa Cook
A FICO (Fair Isaac Corporation) Score is a measure of creditworthiness, calculated using information from the consumer's credit report.
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What Is Bankruptcy And Is It A Smart Choice For You?
Updated Nov 16, 2022
By Minh Tong
Bankruptcy is a legal process where an individual or business unable to pay their debts can get a fresh start....
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Average Student Loan Debt In The US: Statistics & Facts
Updated Nov 14, 2022
By Melissa Cook
Over the last decade, the price tag of a college education has continued to climb higher and higher. So much...
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Home Equity Loans
Updated Nov 14, 2022
By Minh Tong
A home equity loan is a type of loan in which the borrower uses their home as collateral. The loan...
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Understanding Bankruptcy: Chapter 7 vs. Chapter 13
Updated Nov 11, 2022
By Aaron Sarentino
If you are running out of options to pay off your debts, this article will explain the differences between chapter...
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What Is A Mortgage?
Updated Nov 07, 2022
By Melissa Cook
A mortgage is a loan used to purchase a property. The borrower makes monthly payments toward the loan, which go...
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What Is An FHA Loan?
Updated Nov 07, 2022
By Melissa Cook
An FHA loan is a mortgage insured by the Federal Housing Administration. This type of loan allows for lower credit...
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