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A lease is a legal document outlining the terms under which one party agrees to rent property from another party.| Investopedia
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Debt is a financial obligation owed by one party to another party. Repayment usually includes an interest charge.| Investopedia
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A creditor extends credit to another party to borrow money usually by a loan agreement or contract.| Investopedia
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A credit bureau is an agency that collects and researches individual credit information and sells it to creditors for a fee.| Investopedia
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Both debt relief and bankruptcy can provide remedies for resolving debt. However, they each have benefits and drawbacks to consider.| Investopedia
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A collection agency is a company used by lenders to recover funds that are past due or from accounts that are in default.| Investopedia