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 before a summation has been earned. Some companies and corporations use debt as a part of their overall corporate finance strategy.
A debt is created when a creditor agrees to lend a sum of assets to a debtor. In modern society, debt is usually granted with expected repayment; in many cases, plus interest. Historically, debt was responsible for the creation of indentured servants.
We all know that debt advice should be impartial. Other then government organisations, who do you trust to give you reliable debt advice?
My boyfriend has bad debt, and cannot deal with the collection agencys abuse so we contacted American Credit Foundation http://www.debtguru.com/ which...
I just graduated college and very soon I have to pay back my school loans. I want to look into consolidation, but I don't know if it's a good option ...
I am looking for someone ( I am willing to pay a fee) that will just talk to me about my current financial situation. I just need a fresh perspective...
I've done the corporate thing, and although it made me a decent living, I was miserable. So I made the commitment to myself to pursue my music ca...
Ok i would like some advice on where i stand with a debt owed from a year back for aprox £370. I am currently unemployed after leaving for health rea...
I have under $5000 in debt, and I want to make payments, but the payments I can afford, are not even covering the interest I am being charged. This d...
I have atleast 4 major credit debts that was in the early 90's i thought bad debt only remains on your credit for no longer than 7 years its almos...
My credit rating is probably better than the average as I pay all my credit bills on time, but I'd like to consolidate all the debt for a lower in...
All of my credit debt sums up to $5,600. The largest one in this group is about $1,600. What's the best way to go about paying this off. I ...
I received a phone call from First National Collection Bureau regarding a debt from Sept. 1998. I don't recall having an account with the bank they m...
About 6 years ago I had alot of credit and let it all go. I thought it went away after 7 years, but that is not true. All they do is keep selling it t...
Has anyone used InCharge Debt Solutions and did it help?
I was checking on line about getting my credit card debt paid off. Debt Solutions suggest I let them negotiate my debt.
I have 4 credit cards (that have been cut up for a long time!) that are maxed out, and I'm looking for a way to take care of them before they go t...
I am looking to find out about some companies that can help with credit card debt.
I've been researching debt companies and Fast Debt Solutions seemed to be more honest with me than others. I want to see if anyone out there has ...
Has anyone ever heard of Pacific debt solutions or tried it? I was just wondering if it is worth it and how good the company is. Thank you
Does Debt Management Plans really work or are they scams? What would be the best way for someone who owes $10,000 + in credit card debt to bring their...
Anyone got any experience of debt management plans? Are they worth having or do the consequences outway the benefits?
We are about to begin a debt management plan through CCCS. One of the first questions on the application is do you have over $1000 in medical bills. ...
I am looking into a debt management plan. We tried a home equity loan but our credit has gone down to far for it. The one that I just applied for sa...
I find myself a little overwhelmed with debt. I want to use a DMP to get out but the only ones i can find have a 4 year term and they payment is to h...
Can you get approved for mortgage after going through a debt management plan (DMP) with a CCCS? I have done a lot of research and I keep getting ve...
Hello all, I have a question regarding debt consolidation. I have about 15k worth of debt and have tried applying to two companies for a debt consolid...
I have a few credit card that are past due and I'm not able to make the payments. What is the best debt consolidation company to use? Keep...
I have a bunch of hospital bills that really cost me in credit scores. I really want to try to consolidate it but I can't find anyone who does debt co...
I have two credit cards that I have used over 5 years ago and never paid back. The total of the two cards FIVE YEARS AGO was $1000. Of course, by now,...
I am thinking about doing debt consolidation, but am confused by all the different companies out there. I have heard that there are a lot of shady co...
How do you know which program is good and which one is right for you. I heard their is a way to check there beruo report or something, not sure what i...
i have two secured loans on my property and a mortgage,i recently became self employed lately and things are tight money wise at the moment until i bu...
I thought this was illegal. A couple I know have a secured loan on their propertyof 5k, the same company who gave them this then gave them a second lo...
I have several loans... $5000 at 59% with Cashcall, $5000 with Wells Fargo, $14,000 Car Loan, $8000 school loan... I would love to consolidate... I am...
My wife and I are looking to buy a house in the next year and to prepare for that, we want to downgrade our car. With what we want to put down on the ...
I have 2 car loans ($60,000), 1 boat loan ($16,000) and 4 credit cards ($1,500). I want to consolidate them into 1 monthly payment. Is there a company...
this company offers loans that must be secured with an insurance policy. the policy must be paid for up front, and then the loan is supposed to be dir...
I have recently been introducted to a debt reduction program- which sounds to good to be true. I need some advise. This program is where i stop payi...
I need help with paying off my credit card debts. There are so many debt reduction /consolidation agencies that I don't know which one is good/au...
This was a reduction of credit card debt and was for 928.00
Or is bankruptcy the only option? We dont want to do that but is there a debt reduction company we can use to get those bills paid off instead? Thank...
I need information on what a good credit counseling or debt reduction company is, and if anyone has personal experience or recommendations.
Title pretty much says it all! As with many folks nowadays, I am staring down bankruptcy, and would like to get some expert's (or those who have gone ...
I am wondering where to find a trustworthy list of reputable debt-relief/debt-settlement or consolidation programs. I also need to know where to find ...
As far as I can tell "debt management programs" are really just friendly faces of creditors that aren't interested in helping you as muc...
We have mortgage salespeople who aren't working mortgages due to what's going on in the economy. We are looking to convert them to unsecured debt con...
Has anyone heard if Obama's new budget includes anything about possible programs to help cut down student loan debt or a move to lower interest ra...
I have done it once with dept consolidation program, but it appeared on my credit and totaly ruined it. Now i got a letter from other "not "...
I have gotten my car paid off, Credit cards paid off and I don't use them but I am seriously considering using a debt elimination program to help ...