Learn how to evaluate and get a loan, from the different loan types to how to protect yourself from predatory lenders.

Frequently Asked Questions
Key Terms
Road trip - Motor home
Best RV Loans
Pool Loans
Best Swimming Pool Loans
Motorcycle Loans
Best Motorcycle Loans
Collateral Definition, Types, & Examples
Amortized Loan: What It Is, How It Works, Loan Types, Example
Contract signing
What Is a Covenant? Definition, Meaning, Types, and Examples
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Financing: What It Means and Why It Matters
Stacks of $100 bills
Lenders: Definition, Types, and How They Make Decisions on Loans
Young man at laptop, calculating loan costs
Simple Loan Calculator
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Loan Amortization Calculator
Amortization Table
Amortization Calculator
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Applicable Federal Rate (AFR): What It Is and How To Use It
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Balloon Payment: What It Is, How It Works, Examples, Pros & Cons
Grace Period Definition for Borrowers, How It Works, Examples
What Is a Guarantor? Definition, Example, and Responsibilities
IOU: What It Is, How It Works, and Examples
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Line of Credit (LOC) Definition, Types, and Examples
NINJA Loan: Definition, History, Current Availability
Trade Line: Definition, How It Works, and Included Records
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Add-On Interest
Businessman Receiving Envelope From Colleague
What Is Asset-Based Lending? How Loans Work, Example and Types
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Balloon Loan Definition
Speeding bullet
Bullet Repayment: Definition, Examples, Vs. Amortization
Person holding a credit card and using a computer.
What Is a Credit Facility, and How Does It Work?
Default Rate
What Is Exposure at Default (EAD)? Meaning and How To Calculate
Fixed-Rate Payment
Woman leaning against small model house
Loan Commitment Definition
Time is money
Periodic Interest Rate
Term Loan Definition, Types, and Common Attributes
Financial Data Analyzing
Total Debt Service (TDS) Ratio
Variable Interest Rate: Definition, Pros & Cons, Vs. Fixed
a neoclassical building
Senior Bank Loan
Guaranteed Loan
Recourse vs. Non-Recourse Loan: What's the Difference?
Bank Teller Serving Customer
Bank Guarantee vs. Letter of Credit: What's the Difference?
Woman sitting on a couch looking over her shoulder smiling with a laptop on her lap and a credit card in her hand
What Is a Bank Confirmation Letter (BCL)? How to Get One
What Is a Bridge Loan and How Does It Work, With Example
African American Banker and Hispanic Soldier Confer
Covenant-Lite Loan Definition
Haircut: What It Means in Finance, With Examples
What Is a Leveraged Loan? How Financing Works, and Example
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Negative Pledge Clause: Definition, How It Works, Pros & Cons
Nonperforming Loan (NPL) Definitions, Types, Causes, Consequences
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Non-Recourse Debt: Definition, Example, Vs. Recourse Debt
Notepad with prepayment on a wooden surface.
Prepayment: Definition, How It Works, Types, and Penalties
Business Woman Signing a Contract
Purchase Money Security Interest (PMSI) Definition, How It Works
Bank calculates the home loan rate
Rule of 78: Definition, How Lenders Use It, and Calculation
Page of paper with words "unsecured loans," a fountain pen and glasses.
Unsecured Loan
Warehouse Lending
Warehouse Lending: Definition and How It Works in Banking
Loan Shark: Definition, Example, Vs. Payday Lender
Midsection of Businessman Giving Document to Client
What Is a Whole Loan?
Non-Recourse Finance: Definition, Uses, Vs. Recourse Loan
Revolving door
What Is a Revolver? Definition in Lending and How It Works
Revolving Loan Facility Explained: How Does It Work?
Letter of credit
What Is a Standby Letter of Credit (SLOC) and How Does It Work?
Low angle view of female loan officer reading book
Loan Officer
Soft Loan Definition
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Loan Modification
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Call Loan