and the company negotiates with creditors to settle for a lower amount. With debt consolidation, you take out a loan to consolidate multiple debts and make a monthly payment over 12 to 84 months.

Americor is a fintech company that helps individuals get out of debt. It partners with Credit9 to offer qualifying clients debt consolidation loans. It also has debt settlement services for ...

With an appraised value of one-third of what it was, the building owned by Livonia-based Schostak Bros. & Co. is underwater ...

Kristy is a freelance contributor to Newsweek’s personal finance team. As an editor, Kristy has worked with sites like Bankrate, JPMorgan Chase and NextAdvisor to craft and hone content on ...

People with good credit may qualify for better loan terms, making consolidation a good option. Debt consolidation involves combining several debts — such as credit cards, personal loans or ...

Supreme Lending has reached a deal to acquire Michigan Mutual, Inc., adding a wholesale platform to its predominantly retail-focused operations.

Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans.

Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to shareholders for the year ended March 31, ...

Michigan voters are increasingly taking a more pessimistic view of the economy, according to a statewide poll released Tuesday by the Detroit Regional Chamber.  The poll found that 37.6 percent of ...

Samantha is a freelance contributor to Newsweek’s personal finance team. With a passion for finance, real estate and travel, Samantha has written hundreds of articles to help others use money as ...

debt collectors and other financial institutions. While much of this is work you can do on your own, it can be daunting and time-consuming. For users of credit repair companies, having a ...

Credit mix: The variety of credit products you have — including credit cards, installment loans, finance company accounts and mortgages — accounts for 10% of your FICO score. VantageScore Most ...