What is the difference between debt service and debt repayment?

a)Name of amount due b)demand of repayment

Debt service is the money that is set aside for the repayment of a debts interest and principal. The main two types of debt services incurred are mortgage payments and student loans.

The Christian debt consolidation program is a service provided by Christians to help others manage their finance and debts and aid in the repayment of them.

In the United Kingdom, the most popular company to offer debt repayment services is The World Bank. The World Bank offers debt repayment services and management for a great price.

The difference between true debt reduction and debt consolidation is that true debt reduction is the reduction of debt directly. Debt consolidation is when you pay part of the debts until it consolidates, or combine, together to finish the debt.

Chapter 7 is debt elimination and is the more severe form of bankruptcy. Chapter 13 is where a repayment schedule is drawn up and you still payoff your debts.

Near antonyms are repayment and asset

A debt iva is a contractual arrangement between a debitor and creditor that constitutes a formal repayment of debts. This is also a formal alternative to avoid bankruptsy.

Consumer debt is governed by the FDCPA....commercial debt is not.

loan is money borrowed and debt is money owed. :-)

A bond is a type of a debt security, the approved issuer owes the holders a debt. The repayment period is often an agreement between the issuer and the holder.

Responsibly pay your debt, or arrange repayment terms and hold to them.

i believe the difference

A debt is something you owe someone, a loan is something you borrow

Same as between Snake and rattle snake

There is a subtle difference between debt settlement and bankruptcy. Debt settlement allows a person to pay off some of their debt with their creditors. Bankruptcy claims do not result in payment of the debt. Either practice creates bad credit scores for the consumer.

Yes, a co-borrower is as responsible for a debt as is the primary borrower. The main difference between co-buyers and cosigners is that a cosigner generally does not have any claims to the property in question but bears the responsibility of repaying the debt should the primary borrowers default on the agreement.

International debt crisis arises when the sum of a borrower nation's cross-border repayment obligations cannot be met without radically altering expenditure levels or renegotiating repayment terms.

No difference, 2 different words for the same thing.

You can go to irs.gov and use your debt repayment calculator. You can also go to your banking institution and have them use their repayment calculator as well

You can go to irs.gov and use your debt repayment calculator. You can also go to your banking institution and have them use their repayment calculator as well.

The difference between an unliquidated debt and a liquidated debt is this: Liquidated Debt: A debt that has an exact monetary value. Unliquidated Debt: A debt that is undisputed as to its amount, but still under the liability of the debtor. Each one of these debts has a statute of limitations to it. I believe they stand at 3 years for liquidated debt, and 6 years for unliquidated debt. These numbers are for Colorado and…

The best place to go for credit card debt would be a debt counselor. They offer great services to help you to get out of debt and save money for debt repayment.

You can go to irs.gov and use your debt repayment calculator. You can also go to your banking institution and have them use their repayment calculator as well.

The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.