Definition of Balance

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Definitions of Debt Consolidation Loan and Related Terms:


Related Consumer Finance Programs - The following sub-directories of companies offer a wide variety of financial programs to assist you with the management of your finances. Consolidate debt with a consolidation loan or use a debt counseling service or mortgage refinance for help with the consolidation of your charge card debt and other monthly payments.

  • Debt Consolidation Help - Are your bills piling up? Lower your monthly payments and consolidate them with a debt consolidation loan or a related service.
  • Personal Loan Rate - Shopping for a personal loan online? Need to consolidate debt, but do not want to put up collateral (such as your home or car) as security? These loans are typically referred to as unsecured or signature loans, because only your signature may be required.

Balance Definition

Define Balance: The balance of an account is nothing more than the bottom line amount of money contained in the account. For example, a savings account might have a balance of $400 while a money market fund might have a balance of $10,000. These types of accounts are credit accounts. In other words, their balances indicate money that the account holder actually has. A credit card's balance almost always is a debit. That is, an indication of money owed.


Debt Consolidation and Personal Finance Glossary of Terms
Index: B
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debtconsolidationloan.com is a free online web service and directory. All information is deemed reliable, but not guaranteed. debtconsolidationloan.com is not responsible for the content and services, that may be provided to you, by following the links from this web site to outside companies providing loans and other related financial services. Use this website at your own discretion. Last site update: 2012-02-02.