debt counseling

debt counseling
Fin
a service offering advice and support to individuals who are financially stretched

The ultimate business dictionary. 2015.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • debt counselling — ➔ counselling * * * debt counselling UK US UK (US debt counseling) noun [U] FINANCE ► the activity of giving people financial help and advice about managing debt, for example, helping them plan better ways to pay back money that they owe: »Free… …   Financial and business terms

  • Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… …   Wikipedia

  • Debt arbitration — is the industry created around the practice of debt settlement. Debt arbitrators are third party institutions that work on behalf of their clients to negotiate out of court settlements for old bills, invoices, lawsuits, liens, medical bills,… …   Wikipedia

  • Debt negotiation — is the process of negotiating with a creditor to pay off a percentage of a balance owed on old bills, invoices, lawsuits, liens, medical bills, utility bills, and judgments. This process is commonly used in debt settlement and debt arbitration.… …   Wikipedia

  • Debt consolidation — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Emp …   Wikipedia

  • Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… …   Wikipedia

  • Uniform Debt-Management Services Act — Consumer debt counseling and management services have been available to individuals with serious credit problems going back to the 1950s. There are generally two kinds of services that have been available. Some of these services have provided… …   Wikipedia

  • Consumer Credit Counseling Service of Greater Atlanta — Consumer Credit Counseling Service (CCCS) of Greater Atlanta, based in Atlanta, Georgia, is a full service, nonprofit credit counseling agency. It provides confidential counseling for anyone seeking help to pay down excessive credit card debt,… …   Wikipedia

  • credit counseling — Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the 2005 bankruptcy law, a debtor must undergo credit counseling with an approved… …   Law dictionary

  • Consumer debt — Finance Financial markets Bond market …   Wikipedia

  • Credit card debt — is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”