Whois & Analysis for nationaldebtrelief.com

Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.

This commonly refers to a personal finance process of individuals addressing high consumer debt but occasionally refers to a country's fiscal approach to corporate debt or Government debt.

The process can secure a lower overall interest rate to the entire debt load and provide the convenience of servicing only one loan.

Government debt (also known as public interest, national debt and sovereign debt) is the debt owed by a central government.

(In federal states, "government debt" may also refer to the debt of a state or provincial, municipal or local government) By contrast, the annual "government deficit" refers to the difference between government receipts and spending in a single year.

Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations.

Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors.

In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.

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 consumer does not pay the company for the money he or she has spent.