The debt-snowball method of debt repayment is a form of debt management that is most often applied to repaying revolving credit -- such as credit cards.Under the method, extra cash is dedica… Read More

The multiple options available to consolidate ones debts can be quite confusing, credit counseling programs, debt settlement, debt consolidation loans, and bankruptcy are just a few options… Read More

In the United States, federal student loans are consolidated somewhat differently than in the UK, as federal student loans are guaranteed by the U.S. government.USAIn a federal student loan… Read More

Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing on… Read More

Consumer debt is consumer credit which is outstanding. In macroeconomic terms, it is debt which is used to fund consumption rather than investment.Some consider all debt incurred for anythin… Read More

Debt allows people and organizations to do things that they would otherwise not be able, or allowed, to do. Commonly, people in industrialized nations use it to purchase houses, cars and man… Read More

Risk free interest rate Lending’s to stable financial entities such as large companies or governments are often termed "risk free" or "low risk" and made at a so-called "risk-free inte… Read More

In national accounting, debts are added according to those who are indebted. Household debt is the debt held by households. "National" or Public debt is the debt held by the various governme… Read More

Debt is that which is owed; usually referencing assets owed, but the term can cover other obligations. In the case of assets, debt is a means of using future purchasing power in the present… Read More

A federal Perkins loans, or Perkins Loans, are need-based student loans offered by the U.S. Department of Education to assist American college students in funding their post-secondary educat… Read More

Secured loansSecured loans are the loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan. A mortgage loan is a very common type of debt instrum… Read More

A loan is a type of debt. This article focuses exclusively on monetary loans, although, in practice, any material object might be lent. Like all debt instruments, a loan entails the redistri… Read More