Debt solutions Articles

Subscribe to the Debt solutions articles

Obama Mortgage Program

The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat. More than a third of the 1.24 million borrowers who have enrolled in the $75 billion mortgage modification program have dropped out. That exceeds the number of people who have managed to have their loan payments reduced to [...]

Credit Score Secrets

Ever wonder how that magical number – The Credit Score – is computed? Whether you’re obsessing over your FICO score or your Beacon score, you’re likely shopping for credit. The FICO score was developed by Fair Isaac & Co., which began credit scoring in the late 1950s. The point of the score is consolidate your [...]

Business Loan Terms

Accounts Receivable Financing – A loan gained by borrowing against receivables. Loans are paid down as receivables are collected. Annual Fee – The amount charged by the lender each year to cover the administrative costs of the loan. Business Credit Card – An amount of money, which a business can borrow against at times it [...]

Debt Solutions

With the ever-rising costs of living, debts are something that piles up in our lives that are a major cause of stress. We often find ourselves in a quagmire of financial crisis when we try to extend our credit for the next month just to find out that we are again facing the same problem [...]