Loan Basics
Learn the language of loans. From key credit ratios to the various types of loans that you or your business can obtain to help you grow.
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Predatory Lending Laws: What You Need to Know
A mix of federal and state laws protect borrowers from predatory lenders, including by capping interest rates or banning discrimination.
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Secured Loans Definition -
The 5 Best RV Loans of 2021 -
The 6 Best Pool Loans for 2021 -
The 5 Best Motorcycle Loans for 2021 -
Collateral Definition -
Amortized Loan Definition -
Covenant Definition -
Financing Definition -
Lender Definition -
Loan Definition -
Five C's of Credit Definition -
Interest Rate vs. APR: What's the Difference? -
Applicable Federal Rate (AFR) Definition -
Balloon Payment Definition -
Grace Period Definition -
Guarantor Definition -
IOU Definition -
Line of Credit (LOC) Definition -
NINJA Loan Definition -
Trade Line Definition -
Add-On Interest Definition -
Asset-Based Lending Definition -
Balloon Loan Definition -
Bullet Repayment Definition -
Credit Facility Definition -
Default Rate Definition -
Exposure at Default (EAD) Definition -
Fixed-Rate Payment Definition -
Loan Commitment Definition -
Periodic Interest Rate Definition -
Term Loan Definition -
Total Debt Service (TDS) Ratio Definition -
Variable Interest Rate Definition -
Senior Bank Loan Definition -
Guaranteed Loan Definition -
Recourse Loans vs. Non-Recourse Loan: What's the Difference?
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Bank Guarantee vs. Letter of Credit: What's the Difference? -
Bank Confirmation Letter (BCL) Definition -
Bridge Loan -
Covenant-Lite Loan Definition -
Haircut Definition and Example -
Leveraged Loan Definition -
Negative Pledge Clause Definition -
Nonperforming Loan – NPL – Definition -
Non-Recourse Debt Definition -
Prepayment Definition -
Purchase Money Security Interest (PMSI) Definition -
Rule of 78 Definition -
Unsecured Loan Definition -
Warehouse Lending Definition -
Loan Shark Definition -
Whole Loan Definition -
Non-Recourse Finance Definition -
Revolver Definition -
Revolving Loan Facility Definition -
Standby Letter of Credit (SLOC) Definition -
Loan Officer Definition -
Soft Loan Definition -
Loan Modification Definition -
Swingline Loan Definition
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