That's the difference between ying and the yang.
For example the 'Unsecured Assets' department of a Bank issues you a credit card- That's an asset to the bank; And a debt for you.
How effectively the Bank manages its credit card portfolio is called asset management.
How effectively you pay back your debt is called debt management
A lien is a legal claim on an asset as security for a debt, while a loan is money borrowed from a lender that must be repaid with interest.
National debt collection company, Collection agency, Rapid recovery solutions, National asset management are the companies that help with data recovery.
Consumer debt is governed by the FDCPA....commercial debt is not.
To determine your debt to asset ratio, divide your total debt by your total assets. This ratio helps you understand how much of your assets are financed by debt.
loan is money borrowed and debt is money owed. :-)
The debt management program will be entitled to a fee but in long term it can be an asset to work in credit management portfolios
A lien is a legal claim on an asset as security for a debt, while a loan is money borrowed from a lender that must be repaid with interest.
National debt collection company, Collection agency, Rapid recovery solutions, National asset management are the companies that help with data recovery.
Consumer debt is governed by the FDCPA....commercial debt is not.
To determine your debt to asset ratio, divide your total debt by your total assets. This ratio helps you understand how much of your assets are financed by debt.
loan is money borrowed and debt is money owed. :-)
A debt is something you owe someone, a loan is something you borrow
No, it is a debt and therfore cannot be considered an asset. the only way to term it an asset is to be the lender.
A healthy debt to asset ratio is typically around 0.5 or lower. This means that for every dollar of assets, there is 50 cents or less of debt.
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.
No difference, 2 different words for the same thing.
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