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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Loan Calculator
Whether you’re buying a car, a home, or paying for college, you may need more money for a purchase or a bill than you have in savings.
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Loan Terms Definition -
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Secured Loans Definition -
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Best RV Loans of 2021 -
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The 6 Best Pool Loans for 2021 -
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The 5 Best Motorcycle Loans for 2021 -
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Collateral Definition, Types, & Examples -
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Amortized Loan Definition -
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Covenant Definition -
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Financing Definition -
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Lender Definition -
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Loan Definition -
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Simple Loan Calculator -
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Loan Amortization Calculator -
![Amortization Table]()
Amortization Calculator -
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What Are the 5 C's of Credit? -
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Interest Rate vs. APR: What's the Difference? -
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Applicable Federal Rate (AFR) Definition -
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Balloon Payment Definition -
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Grace Period Definition -
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Guarantor Definition -
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IOU Definition -
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Line of Credit (LOC) Definition, Types, & Examples -
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NINJA Loan Definition -
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Trade Line Definition -
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Add-On Interest Definition -
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Asset-Based Lending Definition -
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Balloon Loan Definition -
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Bullet Repayment Definition -
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Credit Facility Definition -
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Default Rate Definition -
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Exposure at Default (EAD) Definition -
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Fixed-Rate Payment Definition -
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Loan Commitment Definition -
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Periodic Interest Rate Definition -
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Term Loan Definition -
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Total Debt Service (TDS) Ratio Definition -
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Variable Interest Rate Definition -
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Senior Bank Loan Definition -
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Guaranteed Loan Definition -
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Recourse vs. Non-Recourse Loan: What's the Difference? -
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Bank Guarantee vs. Letter of Credit: What's the Difference? -
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Bank Confirmation Letter (BCL) Definition -
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Bridge Loan -
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Covenant-Lite Loan Definition -
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Haircut Definition and Example -
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Leveraged Loan Definition -
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Negative Pledge Clause Definition -
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Nonperforming Loan (NPL) Definition -
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Non-Recourse Debt Definition -
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Prepayment Definition -
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Purchase Money Security Interest (PMSI) Definition -
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Rule of 78 Definition -
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Unsecured Loan Definition -
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Warehouse Lending Definition -
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Loan Shark Definition -
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Whole Loan Definition -
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Non-Recourse Finance Definition -
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Revolver Definition -
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Revolving Loan Facility Definition -
![Letter of credit]()
Standby Letter of Credit (SLOC) Definition
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