Credit, Loans & Mortgages

  1. How Interest Rates Work On Car Loans

    Three big facts to know – and some numbers to crunch to get the best deal.
  2. OCC Warns Auto Loan Market Speeding Toward Trouble

    Auto loan lenders may face trouble with the OCC warning of delinquencies and defaults.
  3. Using 529 Plans to Save for College

    Paying for college is no easy feat. Here is a lowdown on 529 plans, the educational savings plans that help families set ...
  4. Is Shell’s Credit Rating at Risk? (RDS.A, RDS.B)

    Shell says its $30 billion asset disposal program could be delayed because of Brexit, potentially putting the company's credit ...
  5. How does your checking account affect your credit score?

    Learn how your checking account is related to your credit score, as well as what types of banking activities do and do not ...
  6. Can a debt collector contact me about a debt that's no longer on my credit report?

    Learn about the circumstances that allow a debt collector to contact a consumer about a past-due debt that is not on a credit ...
  7. What to Know about Alternative Finance Platforms

    From crowdfunding to P2P lending, this rundown tells you what you should know about some of the more popular types of online ...
  8. Debt Forgiveness: Escape Your Student Loans

    There are income-based plans and forgiveness for public-service employees. The latest wrinkle: loan forgiveness because the ...
  9. How to Use Your Credit and Debit Card Safely

    Arm yourself with these strategies on how to safely use your credit and debit cards, and protect yourself from fraud and ...
  10. What Makes An M&A Deal Work?

    Do you know why companies merge? Here we'll take a look at three successful company acquisitions and why they succeeded. ...
  11. 9 States With the Highest Tax Burdens

    Which state you live in can mean thousands of dollars saved or lost in taxes each year. Here's a list of states to avoid ...
  12. It's All Related: Interest, Mortgages, the Economy

    The article looks into the relationship between the economy, interest rates and mortgage rates.
  13. S&P Downgrades Australia’s Sovereign Debt Outlook

    S&P revised Australia's sovereign rating outlook from stable to negative citing budget deficit and uncertain political ...
  14. New Alternatives to Payday Loans

    Some companies are offering employees easy ways to access their paychecks early. Staffers gain – payday lenders lose out. ...
  15. Deferred Interest

    The amount of interest that is added to the principal balance of a loan when the contractual terms of that loan allow for ...
  16. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  17. Murabaha

    An Islamic financing structure, where an intermediary buys a property with free and clear title to it. The intermediary and ...
  18. Bad Credit

    A qualification of an individual's credit history that indicates that a borrower carries a higher credit risk. A low credit ...
  19. Mortgage Originator

    An institution or individual that works with a borrower to complete a mortgage transaction. A mortgage originator can be ...
  20. Uncommitted Facility

    An agreement between a lender and a borrower whereby the lender agrees to make funding available to the borrower, but is ...
  21. Finance Charge

    A fee charged for the use of credit or the extension of existing credit. May be a flat fee or a percentage of borrowings, ...
  22. Equated Monthly Installment - EMI

    A fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments ...
  23. Moratorium

    1) A period of time in which there is a suspension of a specific activity until future events warrant a removal of the suspension ...
  24. Cash Advance

    A service provided by many credit card issuers allowing cardholders to withdraw a certain amount of cash, either through ...
  25. Zero-Lot-Line House

    A piece of residential real estate in which the structure comes up to or very near to the edge of the property line. Zero-lot-line ...
  26. Grace Period

    A provision in most loan and insurance contracts which allows payment to be received for a certain period of time after the ...
  27. Prime Rate

    The interest rate that commercial banks charge their most credit-worthy customers. Generally a bank's best customers consist ...
  28. Financial Institution - FI

    An establishment that focuses on dealing with financial transactions, such as investments, loans and deposits. Conventionally, ...
  29. Prepayment

    The satisfaction of a debt or installment payment before its official due date. A prepayment can be for the entire balance ...
  30. Bullet Repayment

    A lump sum payment for the entire loan amount paid at maturity. A bullet repayment is often linked to ballon loans or similar ...
  31. Bank Identification Number - BIN

    The first four to six digits of a credit card. The bank identification number identifies the institution issuing the card. ...
  32. Unsecured Loan

    A loan that is issued and supported only by the borrower's creditworthiness, rather than by a type of collateral. An unsecured ...
  33. Signature Loan

    A type of personal loan offered by banks and other finance companies that uses only the borrower's signature and promise ...
  34. Export Credit Agency - ECA

    A financial institution or agency that provides trade financing to domestic companies for their international acitivites. ...
  35. Credit Limit

    The amount of credit that a financial institution extends to a client. Credit limit also refers to the maximum amount a credit ...
  36. Prepayment Penalty

    A clause in a mortgage contract that says if the mortgage is prepaid within a certain time period, a penalty will be assessed. ...
  37. Purchase-Money Mortgage

    A mortgage issued to the borrower by the seller of the home as part of the purchase transaction. This is usually done in ...
  38. Emergency Fund

    An account that is used to set aside funds to be used in an emergency, such as the loss of a job, an illness or a major expense. ...
  39. Debt Instrument

    A paper or electronic obligation that enables the issuing party to raise funds by promising to repay a lender in accordance ...
  40. Covenant

    A promise in an indenture, or any other formal debt agreement, that certain activities will or will not be carried out. Covenants ...
  41. How A Cash Advance Works

    Understand who benefits most from cash advances – and when it might make sense to get one.
  42. How to Use Home Equity for an Immediate Income Play

    While it is not without risk, it is possible to use the equity in your home, especially if the mortgage is paid off, to invest ...
  43. The Best Alternatives to Payday Loans

    If you are short on cash a week or more before your next paycheck, you may consider taking out a so-called payday loan. There ...
  44. MasterCard Stock Trades Ex-Dividend Wednesday (MA)

    MasterCard will send its dividend payment on August 9 to shareholders of record as of July 8.
  45. Top 10 States to Own a Big House (Tax-Wise)

    On top of the low property taxes and average housing costs, these states all tend to have great natural beauty and land worth ...
  46. Calculating Iran's Possible Credit Rating

    Iran's central bank deputy governor says the country could be in line to receive a credit rating. IMF economic data show ...
  47. A Guide to Buying a House in the U.S.

    A complete guide to buying a house in the U.S.
  48. The Top Three U.S. Cities For Beer Lovers

    Location matters a lot when buying a home but beer lovers they may want to consider residing in three beer friendly American ...
  49. Moody’s Cuts Singapore Banking Outlook to Negative

    Moody’s Investors Services cut the outlook for Singapore’s Banking industry to negative citing high exposure to energy-related ...
  50. The 5 Dumbest Financial Decisions to Make

    Have you made any of these financial mistakes? Here's what not to do.
Save Money
  1. 5 Ways To Make Your Home Remodels Pay Off

    Here are five ways to make your home renovation worth the money and effort you put into it.
  2. Differences Between Private Foundations And Public Charities

    Here's a look at the differences between these types of charitable organizations.
  3. How To Monetize Your YouTube Channel

    YouTube's Partner Program helps users earn money through their channels. Find out how.
  4. The World's Most Valuable Private Companies

    In spite of the rewards going public can bring, some companies prefer to remain private, and they are very successful in this.
  5. Is Cyber Monday The New Black Friday?

    Cyber Monday is becoming more popular than Black Friday. Here's why.
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