Use this glossary as the basics of financial words. If baffled by any language on our very own web site, use this glossary as helpful tips!

APR: Annual Percentage Rate (APR) ways the expense of borrowing cash. In summary, it reflects the interest rate.

Property: Everything owned by an individual.

Lender: A for-profit financial institution that accepts build up and stations these build up into financing tasks.

Bankruptcy: a procedure for which consumers can eliminate or pay several of or their debts in safety of this federal bankruptcy proceeding legal.

Ties: that loan that an individual produces to an organization, authorities, federal agency, or any other company. Continue reading →