Financial Glossary

Understanding financial terminology is the first step toward making informed decisions about your debt.

A

Annual Percentage Rate (APR)

Credit & Loans

B

Bankruptcy

Legal

C

Collections

Debt Management

Credit Counseling

Debt Management

Credit Report

Credit & Loans

Credit Score

Credit & Loans

D

Debt Avalanche

Debt Management

Debt Consolidation

Debt Management

Debt Settlement

Debt Management

Debt Snowball

Debt Management

Debt-to-Income Ratio (DTI)

Financial Assessment

Default

Debt Management

Deferment

Debt Management

F

Forbearance

Debt Management

G

Garnishment

Legal

I

Interest

Credit & Loans

L

Lien

Legal

P

Principal

Credit & Loans

R

Refinancing

Debt Management

S

Statute of Limitations

Legal