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Debt consolidation - 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 only one loan.
Collateralized debt obligation - A cash flow collateralized debt obligation, or cash flow CDO, is a structured finance product that typically securitizes a diversified pool of debt assets. These assets, corporate loans for instance, are split into different classes of bonds (known as tranches) that pay investors from the cash flows they generate.
Subordinated debt - A loan or security that, in the case of default, would only be paid out after other, more "senior" loans were paid in full. A subordinated debt is therefore carries more risk than a normal debt.
Bad debt - In accounting and finance, bad debt is the portion of receivables that can no longer be collected, typically from accounts receivable or loans. Bad debt in accounting is considered an expense.
Advanced Debt Solutions - Provide debt solutions and products to people with debt problems. Products include debt consolidation loans, debt management and IVAs.
Academic Loan Services - Allows combination of all outstanding federal student loans into one new consolidation loan.
National Student Loan Consolidation Corp. - Nationwide consolidator of student loans.
Source: BazSites.net
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Managing Debt for Dummies : If you're trying to kick the "Buy Now/Pay Later" habit and get your spiraling debt under control, you need "Managing Debt For Dummies" now! This practical, commonsense guide provides straightforward strategies for coping with every kind of secured and unsecured debt, including, personal loans, car loans, mortgages, home equity loans, lines of credit, credit cards, finance company loans, and student loans. You'll find out how easy it is to: Distinguish between good and bad debt Go on a "debt diet" to get back into financial shape Start a filing system to track debt and protect life after debt Adopt a smart spending regimen Increase your income Consolidate your debt Decide which bills to pay when you can't pay them all Use credit cards responsibly You can still live well while slashing spending on groceries, clothing, and entertainment. Find out how in "Managing Debt for Dummies.
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