Settling debt for $0.20 on the dollar sounds too good to be true, but is that type of agreement really realistic?

Student loan borrowers notched two major court victories this week, paving the way for automatic discharges of federal student loans.

A sight letter of credit is a document from a bank that promises payment to a seller for goods or services, provided that other contractual provisions are met.

Discover what a loan note is, how it works, and why it's crucial in finance—covering terms, conditions, and examples for both lenders and borrowers.