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Credit card debt - Credit card debt is an example of unsecured consumer debt. It results when a customer of a credit card company does not pay the company for the money he or she has spent.
Ford Motor Credit Company - Ford Motor Credit Company is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan.
Debt-snowball method - The debt-snowball method of debt repayment is a form of debt management that is most often applied to repaying revolving credit — such as credit cards. This method has gained more recognition recently due to the fact that it is the primary debt-reduction method taught by Dave Ramsey.
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.
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