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  2. Bad debt - Wikipedia

    en.wikipedia.org/wiki/Bad_debt

    In finance, bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for various reasons, often due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency.

  3. Factoring (finance) - Wikipedia

    en.wikipedia.org/wiki/Factoring_(finance)

    the "bad debt expense" associated with portion of the receivables that the seller expects will remain unpaid and uncollectable, the "factor's holdback receivable" amount to cover merchandise returns, and (e) any additional "loss" or "gain" the seller must attribute to the sale of the receivables.

  4. Good debt vs. bad debt: How different debts affect your finances

    www.aol.com/finance/good-debt-vs-bad-debt...

    Good debt is preferable because it builds value, but there are cases where bad debt is the best choice. For instance, using a loan to buy a reliable car to get you to and from work is a good use ...

  5. Good Debt vs. Bad Debt: Is It Worth It To Take on Debt To ...

    www.aol.com/good-debt-vs-bad-debt-150058793.html

    Debt is part of the American way of life. Although credit card debt levels actually fell by $76 billion in Q2 2021 -- the biggest quarterly drop in history -- overall debt levels continued to rise ...

  6. Non-performing loan - Wikipedia

    en.wikipedia.org/wiki/Non-performing_loan

    In the context of the COVID-19 crisis, the deactivation of debt payment moratoria and tax deferral are also likely to cause an increase of NPLs. [ 22 ] To prepare for the likely new wave of NPLs, the ECB Supervisory Board 's chair Andrea Enria has proposed the creation of a European Bad Bank [ 23 ] [ 24 ] [ 25 ] and has imposed a ban on ...

  7. Good Debt and Bad Debt Differences: What You Should Know - AOL

    www.aol.com/finance/good-debt-bad-debt...

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  8. What is the difference between good and bad debt? - AOL

    www.aol.com/difference-between-good-bad-debt...

    Credit card debt is typically the most expensive debt that you can carry. Interest rates on credit cards are often in the double digits and can be over 20%, even for those with good credit.

  9. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]