Tag: Loan
Classified Loan – What it is and How it Works
A classified loan is a type of loan issued by banks or other lenders that has a chance of default. This loan has unpaid...
Cash Advance vs. Payday Loan: What’s the Difference
Cash Advance vs. Payday Loan: What’s the Difference? In moments of financial need, many people tend to search for instant solutions to cover these...
Collateralized Loan Obligation
Collateralized Loan Obligation - This financial product has surfaced to be a complicated but captivating instrument in the world of finance. Apart from this, collateralized...
What Is a Courtesy Loan
Most times, you may need urgent access to cash; here you consider different loan options. One of the best options to consider when you...
What is a Precomputed Loan
Precomputed loans, also known as precomputed interest loans, are the non-popular means of calculating interest rates on a car loan, which benefits the lender....
Should I Pay off My Student Loan in a Lump Sum
Should I pay off my student loan in a lump sum? Without a doubt, student loan debt can be a major financial responsibility for...
What is a Subsidized Loan
A subsidized loan is a type of loan for undergraduates with financial struggles. This loan is determined by the student’s cost of attendance subtracted...
What Is a Green Mortgage
In an age where environmental preservation is highly concentrated, the concept of green mortgage has gained fame. But what is a green mortgage? This...
How to Spot Auto Loan Fraud
Recently, auto loan fraud has been rampant in most states, causing most car owners to lose both their money and their vehicles. Just as...
How to Spot Student Loan Scams
While most students are battling with paying off education debts, most take the steps of taking student loans to pay off these bills. It...