The term ‘factors’ might be a little confusing to the layperson. Typically, the word is used in the sense of causative factors that lead to some result. In the financial world, however, factors are like bankers, a class of financiers. Factors buy future payments from present recipients and pay them a discounted sum as the price of the payments. They…
Tag: Payments
5 Reasons To Consider Debt Consolidation
You have several options when it comes to eliminating and rising above the debt that has taken over your life. One of the best options is debt consolidation. In this article, we will discuss the top ten reasons you should consider debt consolidation over any other form of debt relief method available. Reason to Consolidate Your Debt #1 – Lower…
Debt Reduction Program Finding The Right Program For You
Find the right debt reduction program begins by asking yourself some key questions. Once you have identified your situation and goals, you can pick the program with the best results. Ask Yourself Some Questions What kind of debt are you dealing with – mortgage or credit cards? How manageable are your monthly payments? How soon do you want to eliminate…
Getting Quick Cash For Your Structured Settlement
Just because you received a structured settlement for your lawsuit, it doesn’t mean you have to wait for years to get the money. There are many settlement purchasing companies that will give you instant cash for your structured settlement. These companies can pay cash for the entire structured settlement or purchase your remaining periodic settlement payments. You can spend this…
Using Debt Consolidation Servies To Become Debt Free
Debt consolidation is a self-explanatory term; you take all your debts and consolidate it into one easy to manage payment. This allows you to be more organized and not miss any payments because they are too hard to keep track of. Harassing creditors are one of the reasons that debt consolidation services were set up in the first place. For…
Foreclosure Rescue And Foreclosure Options
Foreclosure rescue, also known as equity skimming or equity stripping, is any of various predatory real estate practices aimed at vulnerable, often low-income, homeowners facing foreclosure in the United States. Most often, these transactions take advantage of uninformed, low-income homeowners. The term “foreclosure rescue” has sometimes referred to subprime lending refinance practices that charge excessive fees thereby “stripping the equity”…
What Is The Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act, also known as the FDCPA, is a law, which was passed by Congress that regulates the methods collection agencies, can use to collect money from debtors who are behind on their payments. In the past many collection agencies would use unethical methods to extract payments from people, and this law was created to regulate…
Top Ten Things To Know If You Re Interested In A Reverse Mortgage
Reverse Mortgages are becoming popular in America. The U.S. Department of Housing and Urban Development (HUD) created one of the first. HUD’s Reverse Mortgage is a federally-insured private loan, and it’s a safe plan that can give older Americans greater financial security. Many seniors use it to supplement social security, meet unexpected medical expenses, make home improvements, and more. You…
Do You Bank Online
If you haven’t made it to the world of options offered in bank-online fields, the fact is that you should be. Yes, there are many opportunities for you to walk into a teller and get your information taken care of. But when do you pay bills? Do you do it in the middle of the night, usually the night before…
How To Work With Creditors Successfully
Dealing with creditors might be very stressful and frustrating especially when facing the burden of indebtedness with limited ability to repay what you owe. Under such circumstances, you will definitely want to build positive relationships with your creditors to help demonstrate your eagerness to repay your loans as you are able. Such a strategy can also buy additional time to…