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ARC loans are intended to provide immediate capital to small businesses to make payments (principal and interest) on existing debt and thus allow business owners to sustain and retain jobs. ARC loans are interest-free to the borrower and carry a 100% guarantee from the SBA. Loan proceeds are provided over a six-month period.
The beta version of the application for up to $20,000 in loan forgiveness launched on Oct. 15 ... This post was updated after the Eight Circuit issued an order pausing the debt-relief program on ...
Debt settlement is a process that lets you settle large amounts of debt for less than you owe, and it is offered through for-profit debt settlement companies. Typically, these programs ask you to ...
Debtors Anonymous (DA) is a twelve-step program for people who want to stop incurring unsecured debt.Collectively they attend more than 500 weekly meetings in fifteen countries, according to data released in 2011. [2]
Debt consolidation is the process of combining multiple debts into one. There are many ways to consolidate debt , including taking out a new loan, line of credit or balance transfer credit card to ...
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
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A bad check restitution program (BCRP) is a program in the United States that works to retrieve funds from bad check writers in order to repay moneys owed to the recipients of the checks. In other words, these are debt collection operations. Many of these programs are operated by private companies that add fees that may exceed $200, regardless ...