Debtfree Issue 202312 - DB
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DEBT REVIEW<br />
WHAT IS A COB?<br />
A Certificate of Balance or CoB is a fancy form<br />
provided by a credit provider with information<br />
about your debts with them.<br />
It will show when the debt began, how much is<br />
owing and if there are any special fees attached<br />
to the account (like insurance).<br />
The CoB can help in planning how to<br />
restructure debt repayments or in updating<br />
balances on the Payment Distribution Agent<br />
systems from time to time.
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