Home Equity Debt Consolidation
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Debt to equity ratio - The debt to equity ratio is a financial ratio of balance sheet debt divided by shareholders' equity. It is used to calculate a company's "financial leverage" and indicates what proportion of equity and debt the company is using to finance its assets.
Home equity loan - A home equity loan is a type of loan in which the borrower uses the equity in his home as collateral. These loans are sometimes useful for families to help finance major home repairs, medical bills or college educations.
Debt-for-equity swap - In a debt-for-equity swap, a business' creditors agree to cancel some or all of its debt in exchange for equity in the business.
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.
homeequitydebtconsolidation
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