What does delinquency mean in the credit report?

There is an essential requirement that will help you keep your credit cards active and in good standing. And when we say “in good condition” we mean that they are used according to the terms and conditions, that they have a stable balance and that they do not present late fees. What is this requirement? …

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What is form 10-k?

Form 10-K is a comprehensive financial performance report filed annually by publicly traded companies and is required by the United States Securities and Exchange Commission (SEC).. This report contains much more detail than the report that companies send to their shareholders before the annual meeting to elect their directors. Some of the information a company …

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What is an unsecured debt?

Unsecured loans are considered to be riskier for the lender, and generally have higher interest rates than secured loans. Let’s see next what is an unsecured debt. What is an unsecured debt? Unsecured debt refers to loans that are not backed by collateral. If the borrower defaults on the loan, the lender may not be …

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How to remove Portfolio Recovery from your credit report

Have you received a letter from Portfolio Recovery about an outstanding debt? Or have you seen his name on your credit report? If so, you’ll want them removed from your credit report and your life as soon as possible. But first, you should know that they are one of the biggest debt collectors in the …

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What are Great Lakes Student Loans?

Did you just receive a correspondence or email from a company named Great Lakes Educational Loan Services, Inc.? In case you don’t know, Great Lakes is a student loan servicer authorized by the Office of Federal Student Aid (FSA or Federal Student Aid). And the reason why they contact you has to be some student …

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¿Qué significa Alternative Minimum Tax?

El impuesto mínimo alternativo (AMT o Alternative Minimum Tax), se diseñó para evitar que los contribuyentes más acaudalados utilicen lagunas en la legislación fiscal para evitar el pago de impuestos. Sin embargo, debido a que no se actualizaba automáticamente con respecto a la inflación, cada año más contribuyentes de clase media debían pagar el impuesto. …

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What to do when I finish paying my mortgage?

Once a person reaches pay the last installment of your mortgage loanIt’s time to sing victory! And it is that, at this point, he has already verified his debit balance (which is zero) and read that phrase that every mortgage debtor wants to receive in the last notification sent by his bank: “paid in full”. …

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How Credit Protection Works: Consumers vs. Businesses

As a small business owner, you may have noticed that you use a combination of personal banking-like products, such as loans, credit cards and debit cards. However, credit protection works differently for each type of bank customer. As you may have noticed, the commercial versions of these products, while similar, they work differently; especially when …

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¿Qué es Liberty Mutual Insurance y cómo funciona?

Liberty Mutual Insurance es una empresa de Boston que ofrece una variedad de productos, incluyendo seguros de casa, seguros de carro, seguros de inquilinos, seguros de mascotas, seguros de vida y muchos más. Millones de clientes a lo largo y ancho de los 50 estados del país están satisfechos con sus servicios. Los clientes de …

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