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Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.
Bad debt - In accounting and finance, bad debt is the portion of receivables that can no longer be collected, typically from accounts receivable or loans. Bad debt in accounting is considered an expense.
Collateralized debt obligation - A cash flow collateralized debt obligation, or cash flow CDO, is a structured finance product that typically securitizes a diversified pool of debt assets. These assets, corporate loans for instance, are split into different classes of bonds (known as tranches) that pay investors from the cash flows they generate.
Subordinated debt - A loan or security that, in the case of default, would only be paid out after other, more "senior" loans were paid in full. A subordinated debt is therefore carries more risk than a normal debt.
Alternative Mortgage Options - Specializes in residential mortgages, refinancing, debt restructuring, debt consolidation, construction, home equity and home improvement loans in Minnesota and Wisconsin.
Paragon Home Mortgage - Offering home loan, home mortgage, refinance, and debt consolidation needs in Minneapolis, Minnesota.
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