Payment history is a major consideration when it comes to calculating your credit score, making up 35% of your total score. A single late payment — which happens 30 days or more after the payment was ...

Businesses often encounter customers that will need a friendly payment reminder from time to time. If you're responsible for accounts receivable, you probably often find yourself waiting to collect ...

Q: I need to write a “request for payment plan” letter to my homeowners association, but I don’t know how to write an effective one. I owe several months of back dues totaling about $3,000, which ...

Import and export companies use letters of credit as a safe form of payment when goods are sold between countries. With a regular letter of credit, the seller can request and receive payment ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...