Search Results


1. 3 Causes of Third World Debt
3 Causes of Third World Debt What is Third World Debt?Third World Debt or the debt of developing countries is an external form of debt incurred by governments of developing nations, typically in quantities beyond the government’s political ability to repay. “Unpayable debts” are a general characteristic of Third World Debt; the interest attached to the nation’s debt exceeds what the country’s pol..
2. A Guide to Debt Settlement
A Guide to Debt Settlement What is Debt Settlement?Debt Settlement is a legal process within which individual debtors are granted the opportunity to relieve, adjust, or restructure their respective debt through the undertaking of various measures, efforts, and methodologies available through a variety of means; within the realm of Debt Settlement, an agreement to arrive on an acceptable settlement on beh..
3. All You Need to Know About National Debt
All You Need to Know About National Debt What is the National Debt?The United States national debt is a measure of the total obligations or amount owed by the United States Federal Government versus the amount of securities held. The National Debt is tabulated by the United States Treasury in two distinct components:National Debt by the Public: This figure represents all federal securities held by institutions or indi..
4. Consumer Credit Counseling Facts
Consumer Credit Counseling Facts Consumer credit counseling is a process that educates consumers regarding the development of a budget and the implementation of frugal financial practices. Consumer credit counseling is offered by licensed credit professionals to teach consumers how to avoid incurring debts that cannot be repaid solely through the borrower’s disposable income.In addition to these educational ..
5. Credit Card Debt
Credit Card Debt Settling Credit Card DebtCredit card debt is the resulting unsecured debt gained through the use of credit cards. Credit card debt occurs when an individual makes a purchase with a card. When a person is unable to pay the debt off in the appropriate time given, the company often charges a fee or penalty for late payment. This late payment will get reported to credit reporting a..
6. Credit Card Debt Solutions
Credit Card Debt Solutions Helpful Credit Card Debt SolutionsCredit card debt is the resulting unsecured debt gained through the use of credit cards. Credit card debt occurs when an individual makes a purchase with a card. When a person is unable to pay the debt off in the appropriate time given, the company often charges a fee or penalty for late payment. This late payment will get reported to credit re..
7. Debt Consolidation Loans Explained
Debt Consolidation Loans Explained What are Debt Consolidation Loans?Debt Consolidation Loans are loans furnished by financial institutions – both private and Federal – to individuals in possession of a multitude of outstanding and unpaid debt in order to allow those individuals to undergo debt consolidation; debt consolidation is the process of amassing the entirety of one’s debts into a single debt. ..
8. Debt Ratio Explained
Debt Ratio Explained What is the Debt Ratio?The Debt Ratio is a financial ratio that indicates the percentage of a company’s or individual’s assets that are provided through debt; in essence the debt ratio is a ratio of total debt (the sum of all current liabilities plus long-term liabilities) and the total amount of assets in possession (the sum of current assets and fixed assets).For example,..
9. Default
Default Defaulting on a Loan or MortgageWhen an individual or a debtor defaults in a loan agreement, it means that the debtor was unable to meet all the provisions as outlined in the agreement. Breaking the provisions includes either not paying a payment on time or not paying the full payment. Default can occur on debts such as bonds, loans, mortgages, and promissory notes.As a result ..
10. Easy Overview of The Debt Clock
Easy Overview of The Debt Clock What is the National Debt?The United States national debt is a measure of the total obligations or amount owed by the United States Federal Government versus the amount of securities held. The National Debt is tabulated by the United States Treasury in two distinct components:National Debt by the Public: This figure represents all federal securities held by institutions or indi..
11. Federal Student Loan Consolidation
Federal Student Loan Consolidation What to Know about Federal Student Loan ConsolidationIn the United States, the FDLP or the Federal Direct Student Loan Program is a program that allows include federal student loan consolidation, which can allow consolidation of a variety of federal student loans, such as Stafford loans and PLUS loans, into one simple loan. Federal student loan consolidation results in smaller ..
12. How Public Debt Affects Us
How Public Debt Affects Us What is the Public Debt?The United States Public Debt is a measure of the total obligations or amount owed by the United States Federal Government versus the amount of securities held. The Public Debt is tabulated by the United States Treasury in two distinct components:Public Debt by the Public: This figure represents all federal securities held by institutions or individuals ..
13. How to Handle Debt Relief on a Tax Return
How to Handle Debt Relief on a Tax Return Debt relief is an arrangement that is designed to reduce or eliminate the burden of a debt. Debt relief usually happens in two different ways. The first is debt cancellation, which completely relieves both repayment of interest and principal of a loan. The second is through debt rescheduling, which reduces the burden by reducing or rescheduling the payments.Debt relief programs..
14. Loan Consolidations
Loan Consolidations A Short Guide to Loan ConsolidationsMost financial professionals consider loan consolidations as the purchase of many different loans by a single entity or company in order to create one large single loan. This idea behind loan consolidations is that company purchasing the loans gets them from the other financial companies at a particular agreed. The companies selling the loans..
15. Quick Overview on How To Get Rid of Debt
Quick Overview on How To Get Rid of Debt Bankruptcy lawyers are the legal professionals that most individuals hire to help get out debt. To get rid of debt, an individual must develop a budget and a formalized payment plan with their debtors. Often times, the best means of getting out debt is to declare for bankruptcy. Although in many instances, this is a last resort, it is considered worthwhile and prudent for those..

 1  2  Next